Articles

On Deck Technology On Display in Chicago

Tuesday, October 11, 2011 by On Deck This week On Deck is in Chicago for the BAI Retail Delivery conference to show how the On Deck technology platform can solve the challenges of delivering capital to Main Street. Today, President Bill Clinton is giving the keynote speech for the conference. During an address this summer…

Customer Success Story: ITOnCommand

On Deck recently spoke with Jonathan Smith, the owner of ITOnCommand, a Microsoft Certified IT outsourcing firm based in Denver, Colorado. With competencies in Advanced Infrastructure, Hosting, and Security, Jon was looking to increase revenue through marketing efforts. Jonathan took a loan with On Deck in June of this year, and used the funds towards…

On Deck Surpasses $150 Million Mark

The On Deck Team announced yesterday its technology platform has delivered more than $150 million to thousands of restaurants, retailers and other service providers – a 50% increase in just 8 months. We believe the surge serves as a key indicator that our technology is part of the solution to America’s small business lending challenge.…

On Deck Featured in the Hartford Business Journal

On Deck was profiled in this week’s edition of the Hartford Business Journal. Journalist Greg Bordonaro spoke with recent On Deck customer Post Road Limousine, a Connecticut-based limousine company. Owner Ben Enaye said he turned to On Deck after becoming frustrated with his bank; he noted, “…it’s a drawn-out process and anyone’s guess if you…

On Deck @ The NYC White House Urban Jobs Forum

Today, On Deck Founder Mitch Jacobs is speaking at the New York City White House Urban Jobs Forum, which was co-hosted by The White House Business Council, The White House Domestic Policy Council, The Office of the NYC Mayor Michael Bloomberg, The Small Business Administration, along with multiple federal agencies. Along with Bill de Blasio,…

On Deck Continues Momentum With Series-C Follow-On Funding

On Deck announced today it has received an additional $4 million in follow-on funding from SF Capital Group, an experienced private investment firm based in New York. This brings Series-C funding to $19 million in total, including the $15 million round from January, 2011. To read about the announcement in more detail, click here.

On Deck featured in The Secured Lender

On Deck was featured in this month’s edition of The Secured Lender. On Deck Founder Mitch Jacobs speaks extensively about On Deck’s growth trajectory, the power of the platform technology and how the On Deck score is changing the small business financing landscape. You can read the article here.

On Deck @ The Clinton Global Initiative

On Deck CEO Mitch Jacobs is in Chicago today for President Clinton’s Global Initiative, a forum dedicated to devising and implementing innovative solutions to the most pressing issues the nation faces. On Deck is attending to discuss job creation, and how our technology is acting as a true catalyst to help small businesses grow. Among…

President Clinton Speaking About Small Business Lending

Wednesday, June 29, 2011 by On Deck President Clinton speaking at the Clinton Global Initiative 5 minutes ago: “For at least 40 years its been hard for small businesses to get a loan from a bank. To be fair to the banks it’s because the transaction costs of small loans don’t create much return.” Since…

To Create Jobs, Focus on Existing Businesses

Wednesday, June 22, 2011 by On Deck Wall Street Journal contributing journalist Scott Shane penned an article last week that rang true to On Deck’s mission. Entitled “To Create More Jobs, Go Where the Jobs Are,” Shane spoke to the importance of helping established, smaller companies grow through increasing this segment’s access to capital. According…
Underbanked

On Deck @ the Underbanked Financial Service Forum

On Deck attended The 6th Annual Underbanked Financial Service Forum in New Orleans last week. CEO Mitch Jacobs was a featured speaker on the “Consumer Finance to Microfinance: Helping the Underbanked Small Business” panel, alongside Gina Harman, President & CEO, Accion Network and Luz L. Urrutia, President, El Banco De Nuestra Comunidad, A Division Of…

On Deck Featured on Biz Talk with Josh Smith

Last week, On Deck CEO Mitch Jacobs spoke with radio host Josh Smith for his Biz Talk Show on CBS Radio in Washington, DC. The show focuses on success stories among entrepreuners, small, minority-owned and women-owned businesses. Mitch spoke at length about his experience on Main Street, the On Deck story and our loans. Josh…