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Highlight Overview

Loan Period

3-36 months

Loan Range

$5,000 - $500,000

Pros

  • Two funding products
  • Established lender
  • Flexible solution

Cons

  • Not for start-ups
  • No personal loans
  • Need to be in business 1+ years

Bottom Line

If you’re looking for a fast way to get a business loan from a reputable lender, then OnDeck could be the right solution for you.

Check if you Qualify for a OnDeck loan

Get OnDeck Loan

Full Review

OnDeck has business financing that is tailored for today’s small businesses, with fast access to capital, a streamlined and efficient application process, and service customers rave about. Since 2007, OnDeck has issued billions in loans and served more than 700 industries throughout the US, Canada, and Australia. The company bases its loan approvals on company cash-flow, not just on credit score.

What We Like Best

  • Two flexible financing products

  • Up to $500,000 in funding

  • Quick & easy process

Loan Features

Type of Loan: Business term loans, line of credit

Repayment Terms: 3-12 months on short-term, 15-36 months on long-term

Amount: Credit lines up to $100,000, term loans from $5,000 - $500,000

Requirements for Loan Application

  • General business information

  • Details of business owner

  • Last 3 months of business bank statements

  • Other documentation may be required

Application Process

The OnDeck application is online and can take just a few minutes to complete.

Safety & Security

OnDeck has an A+ rating from the Better Business Bureau, has a Truste certified privacy policy, and an SSL encryption. All your personal data is securely encrypted and protected at all times.

Bottom Line

If you’re looking for a fast way to get a business loan from a reputable lender, then OnDeck could be the right solution for you.

Please note that all information provided in this review is accurate at the time of publication and is subject to change. The information contained in this review is provided for informational purposes only, should not be construed as legal advice on any subject matter and should not be relied upon as such. The reviewer accepts no responsibility for any consequences whatsoever arising from the use of such information.




 

Quick Facts About OnDeck

Over $7 billion funded
Two flexible products

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