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Lightning Loans®

from $10,000 to $175,000

Lightning Loans®

from $10,000 to $175,000

Enjoy an unforgettable $250 RedBalloon experience when you take out a business loan before June 30*

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Lightning Loans

Our unique KOALA Score™ is one of the most accurate and predictive business lending models. So, unlike our competitors, we don't need any upfront security (like your house or car) to guarantee your loan. It also enables us to offer larger loans or better terms and give you access to your loan faster. In fact, our loans can be approved in as fast as 2 hours.

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    Apply online with 6 months' worth of business bank statements. Unlike our competitors, we won't ask for upfront security (such as your house or car) on any loan up to $250k

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    Your dedicated Australia-based Loan Specialist will confirm your application in minutes (on loans up to $175k)

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    Once approved, you could have your Lightning Loan funded in as fast as 2 hours. The more complex Lightning Loans® Plus can be up to $250k, and can be completed in as fast as 1 business day

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    Our loan terms (6-24 months) and repayment options are flexible and designed to suit your business borrowing needs

Enjoy an unforgettable



when you take out a business loan before June 30*

Here's how it works:

Online Application

Complete a quick and easy application - it only takes a few minutes

 Loans as fast as 2 hours

Our lightning loans® up to $175k can be funded in as fast as 2 hours - simply provide 6 months bank statements

 No up-front security required

Our loans are unsecured - which allow you to borrow money for your business without the need for collateral

Dedicated support

A dedicated Australia-based Loan Specialist will be in touch to help process your application

Does your business qualify?

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    Minimum 1 year in business

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    Minimum $100,000 gross annual turnover

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    No bankruptcy (prior or recent)

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    Minimum 500 business credit score
    check it for free here


Meet Bradley, one of our dedicated Loan Specialists

You'll have your own dedicated Australia-based Loan Specialist at your side to help you throughout your loan application. They will work with you to make sure your application goes smoothly - from start to finish. Available Mon-Fri, 9am-6pm, our team is here to help.

Frequently asked questions

As featured on 2GB Sydney radio

Hear from Ross, the winner of OnDeck's $2,000 Business Bonus, in partnership with Ben Fordham and 2GB!

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Ben Fordham Live

Monday - Friday / 5:30AM - 9:00AM

*RedBalloon gift voucher offer commences 9:00am (AEST) 1 May 2024 and closes 11:59pm (AEST) 30 June 2024 "Promotional Period". The promotion is open to new OnDeck customers only. Each eligible loan between $10,000-$250,000 will receive (1) a $250 RedBalloon gift voucher. Vouchers will be dispatched by RedBalloon at the end of the promotional period, following the completion of the promotion. OnDeck bears no responsibility for disputes between you and RedBalloon and reserves the right to terminate the offer at any time.