Skip to content
The Business Loan Store
OnDeck logo

OnDeck Lightning Loan Plus

Larger unsecured short term business loan from $175,001 to $250,000 over 6 to 24 months for businesses trading 1+ year, assessed with bank statements and accountant prepared financials.

From lender's website, 25 Sept 2026
Amount
$175K to $250K
Term
6 mths to 2 yrs
Rate
Rate available on application
Security
Unsecured

Product details

As published by OnDeck. Details not published by the lender are marked.

Loan amount
$175K to $250K
Rate
Rate available on application
Rate type
Not published
Term
6 mths to 2 yrs
Security
Unsecured
Structure
Term loan
Fees
Not published
Repayment frequency
Daily, Weekly
Early repayment
Not published
Time trading
1+ year in business
Turnover
$100K+ gross annual turnover
Documents
6 months of business bank statements plus last year's accountant prepared financials
Guarantees
Personal guarantee required
Funding time
As fast as 1 business day once approved
Restrictions
No prior or recent bankruptcy; minimum 3 monthly deposits; a minimum business credit score applies
How to apply
Direct with the lender, or through us
Suitable purposes
Cash flowStockEquipmentGrowth

More from OnDeck

Lightning Loan

Unsecured short term business loan from $10,000 to $175,000 over 6 to 24 months with daily or weekly repayments, for cash flow, stock, equipment and growth.

Amount
$10K to $175K
Term
6 mths to 2 yrs
Security
Unsecured
Rate
Rate available on application
Repayments
Daily, Weekly
Trading
1+ year in business
From lender's website, 25 Sept 2026
Details for OnDeck Lightning Loan

Similar products from other lenders

Major bank

ANZ Business Loan

Secured or unsecured business term loan from $10,000 with terms of 1 to 30 years, for long-term needs and business growth.

Amount
From $10K
Term
1 yr to 30 yrs
Security
Varies
Rate
Rate available on application
Repayments
Not published
Trading
Not published
From lender's website, 25 Sept 2026
Details for ANZ Business Loan
Major bank

ANZ GoBiz Unsecured Business Loan

Business loan from $10,000 over up to 7 years, applied for online through ANZ GoBiz using accounting software data, unsecured up to $200,000.

Amount
From $10K
Term
Up to 7 yrs
Security
Unsecured
Rate
12.74% p.a.
Repayments
Weekly, Monthly
Trading
6+ months trading under the current ABN/ACN
From lender's website, 25 Sept 2026
Details for ANZ GoBiz Unsecured Business Loan
Non-bank business lender

Banjo Loans Business Loan Bridge

Secured bridging loan from $20K to $2M over 2 to 6 months, paying interest and fees only, with the principal due at maturity.

Amount
$20K to $2M
Term
2 mths to 6 mths
Security
Secured
Rate
Rate available on application
Repayments
Weekly, Fortnightly, Monthly
Trading
2+ years trading
From lender's website, 23 Sept 2026
Details for Banjo Loans Business Loan Bridge
Non-bank business lender

Banjo Loans Business Loan Excel

Term loan from $20K to $2M over 6 months to 5 years for established businesses funding stock, growth or cash flow.

Amount
$20K to $2M
Term
6 mths to 5 yrs
Security
Varies
Rate
Rate available on application
Repayments
Weekly, Fortnightly, Monthly
Trading
2+ years trading
From lender's website, 23 Sept 2026
Details for Banjo Loans Business Loan Excel

Not sure where you fit? Let us find it.

Tell us about your business once. We will review your circumstances and identify lenders that may be relevant.

Start typing to search finance types, lenders, products and guides.