Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ae09880-40ea-418d-97c9-7d4f4110bc3c
Date 9/16/2013
Company Name OnDeck
Mailing Address 155 E 56th Street 2nd Floor New York, NY 10022
Company Description OnDeck was founded in 2006 to help businesses get small business loan financing when traditional bank loans are not an option. Our vision is to help small businesses get access to business loan financing, which should improve their payment behaviors and credit scores so they may someday qualify for a traditional loan.
Proceeds Purposes The new credit facilities enable OnDeck to deploy more funding and develop more flexible financing options to meet the rapidly expanding demand small businesses have for working capital.