Myfy

How it works

Three steps. About six minutes. Then funded.

Most business owners we speak to are nervous about the first call. They shouldn't be — here's exactly what happens, in the order it happens.

The process

What we do, and what you do.

We do the heavy lifting on document-handling and lender comparison. Your job is to choose the offer that makes sense and keep running your business.

  1. Step 1

    Tell us what you need

    A 30-second form: how much, what for, and a few details about your business. No credit pull at this stage.

  2. Step 2

    See real offers, side by side

    Our AI matches you with lenders likely to approve you. You see written offers — rates, fees, terms — in one screen.

  3. Step 3

    Choose, sign, get funded

    Pick the offer that suits you. Most loans settle within 24 hours of a signed contract. We stay with you to handover.

Eligibility, plain English

If most of these apply, you'll likely be approved somewhere.

Different lenders prioritise different things. We match you with the ones whose appetite matches your profile — so the answer is usually yes.

1

You hold a valid ABN

Active for at least 6 months

2

Australian-owned and based

Sole traders, partnerships, companies

3

$5,000+ a month in business deposits

Most products. Higher for line of credit.

4

No undischarged bankruptcy

Past defaults are often fine

What you can trust

Security, privacy and fairness — the bits no one ever explains.

Bank-grade security

Read-only bank statement retrieval. We never see or store your password.

Smart pre-screen

Our model only contacts lenders likely to approve you, so your details stay private.

No surprises

Rates, fees, exit costs and security all shown before you sign anything.

You stay in control

Decline an offer with one click. We never lock you to a single lender.

Ready when you are

Six minutes between you and a real offer.

Free quote, no obligation, no credit impact. Take a look, decide later.