* The Tyro loan calculator results are intended as a guide only based on the information you input. The calculator may allow you to select a repayment percentage that may not be available for your actual loan. The results do not show an actual fee and total repayment amount for your business. Actual fees and total repayment amounts may be higher or lower than shown. The repayments to be made from your daily EFTPOS settlement amounts are subject to minimum repayment amounts set out in your offer or loan terms and conditions. Default figures and calculator assumptions used by the calculator are also subject to change at any time without notice. Using this calculator does not guarantee that you will be eligible for lending. Loan offers are subject to you satisfying our eligibility criteria. Full terms and conditions are set out in the Tyro Lending Terms & Conditions.
How it works
Log into your Tyro App to view your loan offer. Don’t have Tyro App access yet? Request it here.
Customise your loan repayments inside your Tyro App and provide a personal guarantee.
Accept your loan offer inside the Tyro App. Doing so will change your daily settlement account to the Tyro Smart Account. Learn more about this fee free bank account here.
Once you accept your offer, funds will be available within 60 seconds in your Tyro Smart Account, ready to be used to grow your business.
The loan is automatically repaid with a percentage of your sales that you choose when accepting your loan.
The higher your EFTPOS takings, the faster you repay. On days without EFTPOS takings, means zero repayments, but you need to have repaid a minimum amount every 90 days to keep your loan in good standing.
There’s also the option to make manual payments and even pay the loan in full anytime without penalty.