One in four small businesses say they missed an opportunity because of lack of funding.
We’re here to help.
MYOB has partnered with OnDeck Australia to help small businesses get ahead, and
‘get on with it’.
It’s an easy process, with three simple steps to get funded.
No application fees, no obligations.
A fast and easy application process.
Our system evaluates your business and values cash flow, not just assets.
Receive funding in as fast as one business day.
We can support you with a business loan
from $10,000 to $250,000
6-24 month terms
Flexible terms include weekly and daily automatic payment options
2.5% of loan amount
Set up fee covers the cost of servicing and processing your loan
Grow and invest in your business
Put your MYOB Loan, Powered by OnDeck to use immediately, with funding in as fast as one business day.
Increase your cash-flow and purchase stock to grow your business
Upgrade your equipment and machinery
Attract new customers with marketing and promotions
Refit, renovate or expand your premises
Highly skilled specialists, dedicated to serving you
Siobhan Belmore, owner of Tree Access Pty Ltd is one of the many customers who’s business has experienced success after taking out an MYOB Loan, Powered by OnDeck.
Don't miss out on another business opportunity. Take advantage of MYOB Loans, Powered by OnDeck, today.
Frequently Asked Questions
OnDeck Capital Australia Pty Ltd (“OnDeck Australia”) is a subsidiary of US-based On Deck Capital, Inc. MYOB holds a 30% stake in OnDeck Australia and earns a commission on loans referred to OnDeck Australia.
The application is easy, and obligation free.
All you need is recent bank statements for your business, your personal driver’s license, and business information such as your ABN, BSB and Account Number.
Rates: We offer a range of interest rates, which are determined based on your business credit score. The interest rate for their loan could be commensurate with bank lending, or as high as a business credit card, depending on their credit rating.
Fees: An origination fee of 2.5% is charged for the lending, and there is no application fee.
Approval will be based on the health of the business cash flow, and your business credit score.
You can check their credit score with our free Know Your Score tool.
Loans are repaid automatically through a fixed weekly, or daily, debit to your business account.
Once approved, you could receive funding in as fast as one business day.