OnDeck was founded in 2007 to solve a major issue facing small businesses: financing. We combined our passion for Main Street with cutting-edge technology to evaluate businesses based on their actual performance. That's enabled us to say "yes" more often and faster than traditional lenders.
OnDeck uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses to efficiently deliver capital to a market underserved by banks. Through the OnDeck platform, millions of small businesses can obtain affordable loans. We are changing the way small businesses borrow money by combining our passion for Main Street with cutting-edge technology. We evaluate businesses based on their actual performance, not personal credit, and that s enabled us to say yes more often and faster than traditional lenders.
OnDeck has deployed over $1 billion in capital to tens of thousands of businesses in 700 different industries. The company is growing at greater than 100% annually, and was recently named #11 on the Forbes' 100 Most Promising Companies in America list, as well as being one of the Inc. 500. OnDeck is financed by some of the nation's leading venture capital firms, including Google Ventures, SAP Ventures, RRE Ventures, and Institutional Venture Partners.
Crain's New York Business 2014 Fast 50
Crain's New York Business 2013 Fast 50
2013 Inc. 500|5000 list
2013 Forbes 100 List of America's Most Promising Companies
Selling Power 50 Best Companies to Sell For
Inc. Hire Power Awards