OnDeck
Business loans and lines of credit for small businesses.
Overview
OnDeck is a well-known online lender that provides small businesses with term loans and lines of credit. While they do not offer a specific invoice factoring product, their lines of credit serve a similar purpose: providing fast, flexible access to capital to manage cash flow while waiting for customer payments. The process is fast and technology-driven.
✨ Key Features
- Term loans
- Lines of credit
- Fast online application and funding process
- Loyalty benefits for repeat customers
🎯 Key Differentiators
- Fast funding times
- Loyalty benefits for repeat borrowers
Unique Value: Provides rapid access to capital for small businesses through a streamlined online application process.
🎯 Use Cases (3)
✅ Best For
- Providing fast business loans and lines of credit to cover operating expenses and fund growth.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Businesses specifically looking to sell their invoices or have a third party manage collections
🏆 Alternatives
Faster and more flexible than traditional banks, but may have higher rates.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (All tier)
💰 Pricing
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