Mark Desrochers, owner of J.a.m.b.s Jewelry, wasn’t really looking for financing when he received a letter from OnDeck but the availability of capital to invest in resources for his store appealed to him so he started looking into an online small business loan.
He applied with another lender before OnDeck, but they didn’t give him an answer right away so he decided to give OnDeck a call. The process was so quick and simple he was approved in a couple of minutes and his loan was funded in a couple of days.
Two days after his loan closed, the first lender called him back. Here’s what he had to say about his experience with OnDeck.