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OnDeck
Online lending platform providing small business loans and lines of credit.
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Overview
OnDeck is a financial technology company specializing in online lending for small businesses. It offers term loans and lines of credit through a digital platform that streamlines the application and approval process.
The platform uses proprietary technology to assess creditworthiness and provide fast funding decisions, typically within 24 hours. OnDeck serves a wide range of small business sectors across the United States.
OnDeck integrates with various accounting and payment platforms to facilitate loan servicing and underwriting, aiming to provide accessible financing solutions outside traditional banking channels.
Key Features
- + Online loan application and approval
- + Term loans and lines of credit
- + Proprietary credit scoring algorithms
- + Fast funding decisions
- + Integration with accounting software
- + Automated loan servicing
- + Flexible repayment options
Integrations
QuickBooksXeroSquarePayPal
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