0.0709
Pricing

Business funding at about half the cost of a big bank overdraft

Low 7.09% p.a. interest rate*

Flexible repayment structure that rewards you for repaying early
No hidden fees
*plus facility fees. Full details of our terms and conditions and rates are here.
CALCULATOR

How much can I access and what will it cost?

When you use Taxi, there are two types of fees we charge, a facility fee and an upfront interest fee on the funds you access.
Facility calculator
The quarterly facility fee is based on your Taxi facility limit. This fee is calculated daily and charged quarterly, starting once your provisional tax is paid through Taxi.
Choose an amount up to 90% of your provisional tax payments made through Taxi in the previous 12-month period. Get in touch to lower your facility limit.
$00,000.00

Calculated at 0.45% of your Taxi facility limit. Min $89.70 per quarter.

$00,000.00
Interest fee

The interest fee applies to any funds you access and is charged upfront. If you repay these funds before the end of the repayment term, we will issue a rebate for any interest prepaid for the remainder of the term. This is currently 7.09% p.a.

7.09% p.a. interest rate. Charged up front.

$00,000.00
$00,000.00
$00,000.00
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Flexible term

Access funds for your business from your Taxi account for up to nine months at a time. The interest rate we charge is fixed and paid up front. If you repay the funds early, we provide a rebate against your prepaid interest.

Low-cost structure

We charge a quarterly facility fee at 0.45% of your available funds. This is calculated monthly based on your Taxi facility limit (min. $89.70 per quarter) and is billed quarterly in arrears. Better still, you can access funds at the low interest rate of 7.09% p.a.

No personal guarantees

Your provisional tax payments provide the security for your funding limit. No other security is required.

No financial disclosures

Taxi does not require lengthy loan applications, financial accounts, or any other justification to access funds for your business. Simply having paid your provisional tax through your Taxi account is all that we need.

Calculate your quarterly facility fee

How much provisional tax did you pay last year?

0.00
Your quarterly Fee
Calculated daily and billed quarterly in arrears
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Your rate with Taxi

7.09

%
p.a.

plus a monthly facility fee

Flexible, easy repayments
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Choose your terms
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No personal guarantees
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