We specialise in
small business loans
Like you, we understand small business. That’s why we're dedicated to delivering a fast and transparent service that you and your business clients can count on.
Up to $500 gift card with every loan settled in April*
Small business loans from $10,000 to $250,000
Our simple application and decisioning process takes minutes, allowing your clients to access the funds they need within 1 business day. We provide unsecured business loans up to $250,000 with terms ranging from 6-24 months.
The OnDeck difference
Combining your expertise with our people to exceed your clients’ lending expectations.
Extension of your team
You’ll save valuable time with your own dedicated Australia-based loan specialist working with you from the outset to ensure your clients get the best solution.
Trusted lending partner
We respect how hard-won your client relationships are. We understand they’re your valued customers and we’ll make sure they enjoy a superior experience with OnDeck.
Quick and easy with no security
Unlike many of our competitors, we won’t ask for any security from your client. Our approval processes mean we can fund loans in as little as 2 hours and often with just 6 months of bank statements.
OnDeck Loan Products
Our Lightning Loans® are popular with SMEs looking to boost their business by purchasing stock or vehicles, undertaking marketing or simply to help with cash flow.
Loan Amount:
$10,000 - $175,000
Approval timing fast tracked:
Approved and funded in as fast as 2 hours
Basic approval requirements:
6 months bank statements only
Security:
No asset security required
although a guarantee is required
We also provide short term loans for higher values, or for more complex loan structures, with loan approval timing on a case by case basis.
Loan Amount:
$175,001 - $250,000
Approval:
Within 24 hours, funding the next day
Basic approval requirements:
Bank statements (6 months), Accountant prepared financials (previous year's)
Loans over $175,000 now only require these 2 upfront documents
Security:
No asset security required
although a guarantee is required
The following details apply to both types of loans:
- Terms: From 6-24 months
- Payments: Weekly via direct debit
- Minimum qualifying criteria: 1 year in business, $100,000 annual revenue, 400 Business Credit Score
- Standard Commission: 4% + GST (2% + GST of net increase at renewal)
- Origination Fee: 3% of loan principal, added to the loan amount (reduced to 2% on first renewal)
Become an OnDeck accredited broker today
At OnDeck, we know small business. We also know just how important your client relationships are. When you partner with us, you’ll enjoy a peace of mind that we’ll always work hard to get your clients the perfect solution for their needs - quickly and with no fuss.
Get in touch
NSW, QLD, ACT, NT
VIC, SA, WA, TAS
Kylie Mahasay
Business Development Manager
kmahasay@ondeck.com.au
0483 913 009
William Purcell
Broker Support
wpurcell@ondeck.com.au
0482 094 050
Ellessa Demarco
Business Development Manager
edemarco@ondeck.com.au
0485 867 114
Luke Ratcliff
Broker Support
lratcliff@ondeck.com.au
0483 928 717
Don't just take our word for it
OnDeck has helped thousands of Australians access the finance they need. We achieve world class customer satisfaction ratings with a Net Promoter Score of 80 and an independent Trustpilot score of 4.8/5.
Discover how OnDeck can help you and your clients succeed
* Bonus Commission campaign is applicable to all funded loans between 9:00am (AEST) 1 February 2024 and 11:59pm (AEST) 31 March 2024, and may be withdrawn at any time without notice. During the promotional period, accredited OnDeck brokers will qualify for 4% commission on their 1st funded deal, 5% commission on their 2nd funded deal and 6% on every subsequent funded deal. This campaign exclusively pertains to loans funded for new OnDeck customers and does not extend to existing customers.