Fuel your business growth - fast

OnDeck small business loans are unsecured loans that range from a minimum of $10,000 to a maximum of $250,000 with terms between 6 and 24 months. They are great for covering unpaid invoices, cash flow barriers, and working capital.

OnDeck small business loan applications are assessed and issued only by the borrower's creditworthiness and business cash flows. To check your business creditworthiness, check out our free Know Your Score business credit score check.

If you'd like to apply for an OnDeck small business loan, simply start an application online. It takes only 10 minutes and you'll know whether or not you've been approved for your small business loan in as fast as 30 minutes.

After you have submitted your small business loan application online, if approved, you could receive business funding in as fast as 2 hours.

OnDeck's Lightning Loans range from $10,000 to $175,000 where you could get an approval in as fast as 30 minutes. More complex and larger loans from $175,001 up to $250,000 can be assessed and funded in as fast as 24 hours.

Our OnDeck small business loan terms for repayments range from 6 to 24 months. Loans are repaid automatically through a fixed weekly debit to your business account. To learn more about our small business loan terms, give us a call on 1800 676 652.

OnDeck offers a range of interest rates for our small business loans, which are determined based on your business credit score. The small business loan interest rates could be commensurate with bank lending, or as high as a business credit card, depending on your business credit rating. An origination fee of 3% applies for new customers and 2% for renewal customers. There is no application fee or obligation to take a loan.

OnDeck is perfect for established businesses looking to expand or overcome cash flow issues. For your business to be qualified for a short term loan with OnDeck, your business must have a minimum gross annual turnover of $100,000, have been in business for a minimum of 1 year, have no prior or recent bankruptcy, and must have a minimum business credit score of 500.

We conduct a credit search on your commercial and consumer files. Based on the current guidelines from Equifax, this leaves a record of the enquiry on your Equifax Commercial and Consumer report, but it does not affect your credit score.

To check your business credit score, use our Know Your Score tool.