Category: Uncategorized
Small Business Week: On Deck Celebrates its Customers
To commemorate this year’s National Small Business Week, On Deck would like to recognize a very important part of our team: the small businesses who’ve worked with On Deck to access the capital they need to grow. Here are just a few of the thousands of businesse we’ve helped: • Wilson Heating & Air Conditioning…
Celebrating Small Business Week with the SBA
Started in 1963 by President John F. Kennedy, Small Business Week was originated to recognize small businesses’ contribution to America’s economic well being. Almost fifty years later, the program is still going strong, and has also made great strides in extending its digital reach. This year, The Small Business Administration has a number of ways…
Entrepreneurship & Military Service
Today’s Wall Street Journal covers a recent study from the Small Business Administration’s Office of Advocacy suggesting a “strong correlation between military service and self-employment.” The data shows men and women who served in the armed forces at least 45% more likely to start their own businesses and be self-employed than those with no active-duty…
On Deck in Washington for AEO’s National Microenterprise Conference
The On Deck team headed to Washington, DC earlier this week for AEO’s National Microenterprise Conference. It was a tremendous opportunity to meet other like-minded individuals and organizations who share our passion for helping businesses of all types grow. On Wednesday On Deck CEO Mitch Jacobs spoke on the “Disruptive Innovations: New Thinking on the…
On Deck Celebrates Small Business Month
Small Business Champion of the Week: In-N-Out Burger In celebration of Small Business Month, On Deck will profile savvy, well-recognized companies that all got their start as small entrepreneurial ventures. To kick us off, we’re examining a West Coast Cult Classic: In-N-Out Burger. Founded as a single location in 1948 by husband and wife team…
Keep on Trucking – The Rappanhannock Mattress Company Story
Perry Spoul needed to act fast. As the owner of the Rappanhannock Mattress Company, he had an opportunity to buy a key piece of equipment on the cheap: a $35,000 delivery truck for a mere $17,000. He knew the purchase would bolster his bandwidth and lead to an increase in sales. A money making opportunity…
Celebrating The Entreprenuer: On Deck @ 2011 The National Small Business Week Awards
On Wednesday April 27th, On Deck attended the 2011 National Small Business Week Award Ceremony for the New York chapter. The program attracted many local New York entrepreneurs, members of U.S. Small Business Administration from the New York District Office and representatives from a wide variety of local businesses. The “spirit of the entrepreneur” was…
Mother Knows Best
Smart Money has an interesting story about Carol Mintz, a corporate business woman turned first time business owner. After 30 years as a marketer in corporate America — and at the urging of her unemployed twin daughters — Mintz became a first time small business owner with her daughters, purchasing a local boutique that sold…
On Deck @ AEO’s 20th Annual National Microenterprise Conference
On Deck is gearing up for its voyage to Washington, DC for the Association for Enterprise Opportunity’s upcoming Annual Microenterprise Conference. Scheduled for May 2 -4, we’re excited to be a sponsor for the three day event which draws other industry veterans, small businesses practitioners, funders and policymakers. On Deck CEO Mitch Jacobs will speak…
On Deck at SXSW – Internet Startups Battle Money Giants
On Deck is Headed to Austin! The 2011 Edition of SXSW is bigger than ever, and this year On Deck is a part of the impressive roster of technology and thought leaders who have been asked to be a part of SXSW Interactive. On Tuesday morning, our Chief Product Officer Noah Breslow will join the…
On Deck at the FDIC “Overcoming Obstacles to Small Business Lending” Forum
On Deck recently attended the “Overcoming Obstacles to Small Business Lending” Forum at the FDIC headquarters in Arlington Virginia. Shown live on CNBC, the event featured two panels focusing on both the obstacles in small business lending and ways to overcome these problems. The impressive list of panelists included Federal Reserve Chairman Ben Bernanke, Senator…
How a Small Business Gets Big
Today in small business news is a great story from the NY Times about Abt Electronics, and how they have grown from a small store selling radios in 1936 to a 35,000 square foot Chicago electronics institution with annual sales of over $300 million. The article discusses how a small radio business can slowly grow…
Happy New Year from On Deck!
2010 was a tremendous year for On Deck Capital – we introduced new products, launched a revolutionary free service for small business owners and most importantly continued to deliver capital to small businesses nationwide. Since launching in 2006, On Deck has connected Main Street businesses with nearly $100,000,000! We look forward to 2011 as we…
On Deck CEO Mitch Jacobs in QSR Magazine
The latest issue of QSR – the leading journal of the quick service restaurant industry featured an article about the state of financing for restaurants titled “Where’s the Money Now?”. On Deck Capital CEO Mitch Jacobs was interviewed for the piece, discussing the current lending market and how On Deck uses technology to identify healthy…
On Deck Supports Small Business Saturday!
This Saturday, November 27, 2010 has been named “Small Business Saturday”. Strategically placed between Black Friday on November 26th and Cyber Monday on November 29th, Small Business Saturday is a push to get consumers to shop at and support local businesses. Research has shown that for every $100 spent at a locally-owned, independent business, $68…