Funding when you need it

Whether it's freeing up your cash flow, upgrading equipment, or growing your business, a Tyro loan gives you straightforward, flexible, fast unsecured business funding.

What makes Tyro Business Loans different?

Tyro Business Loans
Unsecured Loans

Tyro EFTPOS customers1 can borrow unsecured amounts up to $120,000 ($50,000 limit for first loans). The maximum amount you are eligible to borrow is calculated using your EFTPOS transaction history.

Flexible repayments
Easy repayments to match your cash flow

Repayments are made by nominating a percentage of your EFTPOS takings, meaning repayments rise and fall in line with your cash flow providing flexibility during slower periods (subject to minimum repayments).

One simple flat fee
One simple fee

Choose the amount you want to borrow and you’ll pay one simple fee over the life of the loan. The fee is determined by your loan amount, chosen repayment % and your business’s EFTPOS settlements. So you know the total amount to repay upfront. Calculate your fee.

60 seconds to funds
60 seconds to funds

Funds are available fast! Once you accept your loan offer and provide a personal guarantee, both within the Tyro App, the funds are deposited1 to your Tyro Bank Account^ in less than a minute.

Loan Calculator

Calculate your loan fee based on an entered loan amount, repayment percentage and your projected turnover.
We offer up to a maximum of $50,000 for first loans and $120,000 for subsequent loans.*



How it works

Step 1
Step 1 - Login

Log into your Tyro App and tap on the loan tab in the home screen. Don’t have Tyro App access yet? Request it here.

Step 2
Step 2 - Customise

Explore the Loan Calculator, customise your loan repayments and calculate your loan fee inside your Tyro App.

Step 3
Step 3 - Accept

View your loan details, provide a personal guarantee and accept your loan offer inside the Tyro App. Subject to eligibility criteria.

Step 4
Step 4 - Funds

Once you accept your loan offer, your daily settlement account will change to the Tyro Bank Account. Funds are available within 60 seconds, ready to be used right away. Learn more about this fee-free bank account .

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They don't make you waste endless hours in paperwork, and the approval process is quick and simple.

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Get a Tyro Business Loan

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Frequently Asked Questions

How is the loan repaid?

Repayments are made by nominating a percentage of your EFTPOS takings, meaning repayments rise and fall in line with your cash flow providing flexibility during slower periods (subject to minimum repayments).

There's also the option to make manual payments and even pay the loan in full anytime without penalty.

What is the interest rate?

Loan repayments are not based on interest rates. You are charged a simple fee payable over the life of the loan. See how it works with our loan calculator.

What does 'unsecured business loan' mean?

Tyro will not request any additional collateral such as property be provided as security for the loan. However, you are required to provide a personal guarantee.

What if I want to pay off my loan earlier than originally agreed?

Yes you can. However, the flat loan fee is payable regardless of how quickly you pay off the loan. To pay off your loan sooner with a lump sum repayment, simply contact Tyro Customer Support on 1300 966 639 (“2”).