OnDeck’s unsecured loans end of year offer: 5% commission for you, 1.5% origination fee for your customer

December 14th, 2021

As we get closer to the end of the calendar year, 2022 will become more of a priority for your clients.

Our recent research confirms that fewer than half (49%) of Australia’s small businesses have the trading stock in place to make the most of the end of lockdowns, and this is creating opportunities for brokers to actively support their small business clients.

One in three (33%) small businesses need to order additional stock and this figure rises to over two out of five (42%) small businesses in Victoria. Furthermore, 44% of small businesses say their cashflow has suffered as a result of lockdowns.

In addition to this, small business owners tend to be time-poor, and are often unfamiliar with funding options beyond their regular bank.

Brokers can highlight the availability of more efficient financing choices including OnDeck’s unsecured loans, and manage the application process on behalf of these small businesses.

At OnDeck, all we ask for is a personal guarantee. No matter whether your client needs $10,000 or $250,000, no asset security is required.

And our Lightning Loans® feature a fast-tracked application and approval process for loans up to $100,000, with funding decisions in 30 minutes or less, and funds made available to approved applicants in as little as two hours.

So that your clients can start the year with their funds already in hand, any loans funded by December 31, 2021 will benefit from a 50% reduction in Origination Fee. This offer is exclusively for Broker Customers.

Great news for you too, as you’ll receive 5% commission on each deal.

But hurry. 2022 is just around the corner!

Got a scenario? Call us on 1800 831 294 or email broker@ondeck.com.au with the basic details to get a quick indication.

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