Category: Business Financing
On Deck Team Boosts Efforts to Connect Small Businesses to Capital by Securing $42 million in Series D Financing
Yesterday, the On Deck Team announced it has raised $42 million in Series D growth financing led by a new investor, Institutional Venture Partners (IVP), alongside current backers RRE Ventures, SAP Ventures and First Round Capital. It was an exciting day over at our NYC headquarters, with plenty of media buzz from Bloomberg, TechCrunch and…
Personal Credit Score is the Tyrant in Lending
This July, the NY Times had a great article titled “Credit Score is the Tyrant in Lending”. The piece was focused on credit score in relation to consumers getting mortgages, and many of the issues are exactly the same when it comes to getting a small business loan. Some of the quotes that hit home…