What is the difference between Fundtap and OnDeck?

OnDeck offers small business loans with fixed repayments and interest rates. Fundtap offers invoice finance — access money from your outstanding invoices with no fixed repayments.

Is OnDeck available in New Zealand?

OnDeck operates in Australia. Fundtap operates in both Australia and New Zealand.

Is OnDeck cheaper than Fundtap?

OnDeck charges interest rates. Fundtap charges one flat fee per invoice. For short invoice timing gaps, Fundtap is typically more cost-effective.

Fundtap vs OnDeck: invoice finance vs business loan

OnDeck is a well-known Australian small business lender. Fundtap is an invoice finance platform. Here’s how they compare.

⭐⭐⭐⭐⭐ 4.9 stars · 240+ reviews on Google • 54% average revenue growth for Fundtap customers

Feature	Fundtap	OnDeck
What it is	Invoice finance	Small business loan
Cost	One flat fee per invoice	Interest rate + origination fee
Repayment	Auto when customer pays	Fixed daily/weekly instalments
New Zealand	Yes	No (AU only)
Requires invoices?	Yes (B2B invoices)	No
Lock-in	None	Fixed loan term

For invoice timing gaps, Fundtap is more flexible and typically more cost-effective. OnDeck suits businesses that need general capital not tied to specific invoices.

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Competitor information is based on publicly available data and may change. This page is for general information only and is not financial advice. Contact providers directly to confirm current terms.

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