Select the percentage of your EFTPOS takings to be automatically put towards your loan repayments. A slower day means smaller repayments, supporting your cash flow. Subject to minimum repayments.
60 seconds to funds
Once you provide a personal guarantee and accept your offer – both in the Tyro app – you’ll have the funds in your Tyro Smart Account in less than a minute.
No lock ins
No early repayment fees, no management fees.
Customise your loan
Calculate your loan fee based on an entered loan amount, repayment percentage and your projected turnover.
We offer up to a maximum of $50k for first loans and $120k for subsequent loans.*
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* 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.
On accepting your loan the Tyro Smart Account will become the default EFTPOS settlement account for any terminals under your businesses ABN. Learn more about the great features of the Tyro Smart Account here.