Small Business Loans for Franchisees
Short Term Business Loans
OnDeck doesn't take security over your assets, however we do require a personal guarantee.
The online application is simple, and if you're approved for a loan, funds can be available in as fast as one business day.
OnDeck reviews franchises that have been in business for at least 1 year, and have a minimum gross annual turnover of $100k.
How could a short term loan help your franchise?
A short term business loan could help you:
- Increase your cash-flow and purchase new stock to grow your business
- Respond to mandated upgrades and product changes from head office
- Refit, renovate or expand your premises
- Recruit and train new staff
- Upgrade your equipment
- Launch marketing campaigns to attract new customers and increase awareness
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 loan to use immediately, with funding in as fast as one business day.
Highly skilled specialists, dedicated to serving you
We provide more than just fast, efficient funding. You also benefit from ongoing support from our highly skilled team of loan specialists. Give us a call on 1800 831 271 or email us at email@example.com with any questions.