OnDeck charges a one-time origination fee per term loan and a $20 monthly maintenance fee** for lines of credit to cover the cost of servicing and processing your business financing. Your dedicated loan advisor can answer any questions you have when you receive your financing offer from us.
What kind of loans does OnDeck offer?
OnDeck offers Term Loans from $5,000 – $500,000 over 3-36 months. we offer Lines of Credit from $6,000 – $100,000 with payback on draws up to 12 months. (The lines of credit are revolving, so as you pay it back your available funds increase.)
What interest rates are charged to the borrower OnDeck?
OnDeck's term loans carry APRs ranging from 9% to 99%, while rates for its lines of credit range from 11% to 61.9%, according to OnDeck regulatory filings. Rates change slightly each quarter. These APRs include origination fees on its term loans and a $20 monthly maintenance fee for the lines of credit.Nov 19, 2021
What interest does kabbage charge?
0.25% to 3.5%
Who owns OnDeck?
Enova International
Who bought OnDeck capital?
Enova
Is OnDeck private or public?
Type Public
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Traded as NYSE: ONDK Russell 2000 Component
Industry Finance
Genre Financial Technology
Founded 2006
Who is credibly?
Credibly is a direct lender of working capital loans and merchant cash advances. Through our partners, we offer SBA loans, business lines of credit, equipment financing, long term loans and invoice factoring.
Is OnDeck a Fintech?
On Deck Fintech is an invite-only network of top experts and leading minds in fintech. Founders get access after being accepted into ODF or ODX.
Is OnDeck publicly traded?
OnDeck completed its IPO in December 2014 and became listed on the New York Stock Exchange under the symbol ONDK, raising $230 million in the offering. ... In January 2020, OnDeck announced the appointment of Scott Totman as the company's Chief Product and Technology Officer.
What is Odx OnDeck?
Building off that heritage, an ODX-powered bank platform experience can enable a small business customer to apply for financing from their bank digitally, receive immediate decisions, and obtain funding in as fast as 24 hours. ...Oct 16, 2018
Where is credibly located?
U.S. Credible Labs Inc., commonly known as Credible, is a financial technology company headquartered in San Francisco.