OnDeck (NYSE: ONDK) is a leading online platform for small business loans. OnDeck uses proprietary lending technology and analytics to aggregate and analyze thousands of data points to assess the creditworthiness of small businesses rapidly and accurately. The OnDeck Score®, a proprietary small business credit scoring system, focuses on overall business performance rather than relying solely on the small business owner’s personal credit history. Small businesses can apply for a term loan or line of credit online in minutes, get a decision immediately and receive funds as fast as the same day. OnDeck is committed to driving small business growth and increasing Main Street’s access to capital. The OnDeck platform and OnDeck’s proprietary database of more than 10 million small businesses enable financial institutions and business service providers to efficiently connect their small business customers to growth capital and enable institutional investors to purchase small business loans originated by OnDeck.
OnDeck has an A+ rating with the Better Business Bureau and has deployed more than $1.7 billion in capital since 2007. OnDeck has served tens of thousands of small businesses across more than 700 different industries in all 50 U.S. states and has recently begun small business lending in Canada. OnDeck started trading on the New York Stock Exchange under the ticker ONDK on December 17, 2014. © OnDeck