Articles
Small Business Lessons: Social Media Round Up
This week, we’ve been receiving an outpouring of incredible testimonials from our small business customers through social media, including Twitter, Facebook and Yelp. Below are a few choice examples: To see what else small business owners are saying about OnDeck, click here. OnDeck is a Google Ventures-backed company with an A+ Rating with the Better…
Top 3 Tips for Small Business Owners this Tax Season
There’s nothing that small business owners look forward to less than tax season. To help get you in tax-mode, we’ve outlined the top three best practices for small business owners. By keeping these tips in mind, your 2014 tax season should be less stressful: 1. Let a Professional Handle Your Statements Leave the complicated stuff…
FitSmallBusiness.com Ranks the Best Small Business Loan Providers
According to FitSmallBusiness.com, OnDeck is the best provider of short term small business loans. FitSmallBusiness.com recently published an article comparing OnDeck, PayPal and Kabbage. The report crowned OnDeck as “the best short term loan provider to small businesses,” noting our financing is ideal for brick-and-mortar businesses that often are unable to access traditional bank financing.…
OnDeck’s CEO Noah Breslow Appears on CNBC Squawk Box
On the heels of our recent funding announcement – a $77 million growth round led by Tiger Global Management – CEO Noah Breslow sat down with CNBC Squawk Box to discuss how OnDeck is disrupting the small business lending industry. As noted in our press release and the interview above, OnDeck is expecting to reach…
OnDeck Main Street Tour: Denver, Colorado
Following our success in Tampa, Washington DC, Chicago and Minneapolis, COO James Hobson headed to Denver to continue the OnDeck Main Street Tour tradition of visiting with real customers to get unfiltered feedback. We started the day with Tom Schumacher, who opened Hot Cakes Diner in Denver nearly 12 years ago. After growing his business…
What is a merchant cash advance?
At OnDeck, we understand that accessing capital can sometimes feel like a daunting undertaking for business owners. That’s why, every Wednesday, our blog will contain “Humpday Help” to provide you with important and useful information about the different types of financing available to small businesses. In today’s blog post, we’ll explore merchant cash advances. You…
Mile High City: Our New West Coast Home
This week, On Deck reached a major milestone by opening its new regional office in Denver, Colorado. Our new West Coast operations are already home to 16 employees, and we’re looking forward to expanding to over 200 in the next two years. To commence the opening, we were honored to be joined by Colorado Governor…
Introducing OnDeck Term 24
Exciting news for established small businesses out there – OnDeck is now offering a new loan product called OnDeck Term 24. Known as Term 24, this new loan product will help qualified businesses quickly and seamlessly get approved for larger loans with two-year terms and pricing that is competitive with traditional lenders. Term 24 is…
Small businesses are divided over the proposed minimum wage increase
President Obama announced earlier this month that he is aiming to increase the national minimum wage for federal workers from $7.25 to $10.10 by 2016, and small businesses are largely divided on the issue. Many small businesses employing doctors, electricians, plumbers and other high skilled workers are already paying above the minimum wage. However, businesses…
What Is a Business Credit Score?
According to Entrepreneur Magazine, less than 10% of all business owners understand how business credit is established1. However, if you want to access capital, it’s important to understand your business credit profile. So, what exactly is a business credit score? Your business credit score is compiled from credit obligation information, legal files, and background information…
OnDeck Main Street Tour: Day 4, Minneapolis
With a whirlwind week with visits in Tampa, Washington DC and Chicago, Noah headed off to Minneapolis for the last – and coldest – leg of the tour. To start the day, Noah appeared on KMSP TV’s Morning Buzz with Tom Butler to discuss the top 5 tips for small business financing, alongside our customers…
OnDeck Main Street Tour: Day 3, Chicago
With incredible stops on Monday in Tampa and on Tuesday in Washington, DC, CEO Noah Breslow headed to Chicago along with Kimberly Solarz, Marketing Communications Manager, to continue his mission of visiting as many small businesses as possible in 1 week. To start the day, Noah and Kimberly went to chat with a true Chicago…
OnDeck Main Street Tour: Day 2, Washington DC
With a successful day in Tampa under their belt, CEO Noah Breslow and SVP of Marketing Andrea Gellert headed north to the Washington, DC metro area to continue their mission of visiting as many small businesses as possible in one week. The first stop was to Denise Medved of Metro Cooking in Annandale, VA. A…
OnDeck Main Street Tour: Day 1, Tampa, Florida
This week, OnDeck CEO Noah Breslow set out on a mission: to visit as many customers as possible in one week. Though no easy feat, Noah is traveling across the country – from Tampa, to Washington DC, to Chicago, to Minneapolis, to get unfiltered feedback about what it’s really like to be a small business…
Ron’s Small Business Lesson: Pay it Forward
At OnDeck, we understand the dedication and hard work required of our customers to do what they do every day: run their business. Never has this been more evident to us than when we hit the road and headed down to Asbury Park, New Jersey after receiving an invitation from our customers Ron Wendolowski and…