Business Loans
Updated: 14. 04. 2026
OnDeck Australia Business Loan – review 2026
Pros
- Established international brand operating in Australia
- Term loans and line of credit options available
- Technology-driven assessment for fast decisions
- Considers businesses without property security
- Strong customer support and account management
Cons
- Effective rates can be significantly above bank rates
- Minimum AUD 100,000 annual revenue required
- Maximum 24-month term limits longer financing needs
- Weekly or daily repayments may not suit all businesses
- Not available to sole traders without registered business
OnDeck Australia Business Loan Review
OnDeck Australia offers small business term loans from AUD 10,000 to AUD 250,000 with terms from 6 to 24 months. It also offers a line of credit product for flexible drawdowns. OnDeck uses proprietary technology and business bank statement data in its credit assessment.
The lender targets businesses with at least 12 months of trading history and a minimum annual revenue of AUD 100,000. Repayments are structured weekly or daily depending on the product selected.
Requirements
- Australian-registered business (company or partnership) with ABN
- Minimum 12 months trading history
- Minimum annual revenue AUD 100,000
- 100 points of ID for director
- Australian citizen or permanent resident director
Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.