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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.

Business LoansCashflow LoansWorking Capital Finance
Source dated 25 Sept 2026
Amount
$10K to $175K
Term
6 mths to 2 yrs
Rate
Rate available on application
Security
Unsecured
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Product details

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

Loan amount
$10K to $175K
Rate
Rate available on application
Term
6 mths to 2 yrs
Security
Unsecured
Structure
Term loan
Repayment frequency
Daily, Weekly
Time trading
1+ year in business
Turnover
$100K+ gross annual turnover
Documents
6 months of business bank statements
Guarantees
Personal guarantee required
Funding time
As fast as 2 hours once approved
Restrictions
No prior or recent bankruptcy; a minimum business credit score applies
How to apply
Direct with the lender, or through us
Not published by OnDeck
rate type, fees, early repayment
Suitable purposes
Cash flowStockEquipmentGrowth

About Lightning Loan

OnDeck publishes these details for Lightning Loan: structure term loan; loan amount $10K to $175K; term 6 mths to 2 yrs; security unsecured; time trading 1+ year in business; turnover $100K+ gross annual turnover. Not published by OnDeck for this product: maximum LVR. Ask the lender or a finance specialist to confirm these before you apply.

How it differs from other OnDeck products

  • Lightning Loan Plus: Loan amount is $10K to $175K here and $175K to $250K for Lightning Loan Plus; documentation is 6 months of business bank statements here and 6 months of business bank statements plus last year's accountant prepared financials for Lightning Loan Plus; funding time is as fast as 2 hours once approved here and as fast as 1 business day once approved for Lightning Loan Plus.

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More from 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.

Amount
$175K to $250K
Term
6 mths to 2 yrs
Security
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Rates and other criteria
Rate
Rate available on application
Repayments
Daily, Weekly
Trading
1+ year in business
Source dated 25 Sept 2026
Details for OnDeck Lightning Loan Plus

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