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    OnDeck Business Loans

    Fast business term loans with same-day decisions and predictable payments.

    Founded 2006
    New York, NY
    501-1000
    www.ondeck.com
    Size:
    SMB & Mid-Market
    |
    Best For:
    Carrier
    Broker

    Platform Overview

    OnDeck provides business loans and lines of credit for small logistics companies, carriers, and brokers. Using automated underwriting with real-time business data analysis, approvals happen within hours with funding as fast as same-day. Term loans range from $5K to $250K and lines of credit up to $100K, with transparent pricing and no prepayment penalties. The platform connects to bank accounts and accounting software to streamline application and ongoing account management for busy logistics operators.

    Core Strengths
    • Fast 24-hour approval with same-day funding available
    • Flexible 3-36 month terms with no prepayment penalties
    • Simple 10-minute online application process
    Best Suited For
    • Small businesses needing fast working capital
    • Companies seeking short-term loans with flexible repayment
    • Established businesses with 1+ year history
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    Why Choose OnDeck Business Loans

    Fast business term loans with same-day decisions and predictable payments.

    Best For
    SMB & Mid-Market
    Carrier
    Broker

    OnDeck Business Loans Features (8)

    Term Loans - $5,000 to $250,000 with fixed rates
    Lines of Credit - Revolving credit up to $100,000
    Fast Approval - Decisions within 24 hours
    Quick Funding - Funds as fast as same day
    Flexible Terms - 3-36 month repayment options
    No Prepayment Penalty - Pay early without fees
    Simple Application - Online process in 10 minutes
    Dedicated Support - Account managers for larger loans

    OnDeck Business Loans Integrations (5)

    QuickBooks
    Business Banking
    ACH Networks
    Merchant Services
    SBA Lending

    Company Background

    Company Details
    Founded:2006
    Location:New York, NY
    Employees:501-1000
    Company History
    Founded 2007 OnDeck established as online small business lender
    December 2014 IPO on NYSE (ONDK)
    October 2020 Acquired by Enova International for $90M
    Funding History
    Public (formerly NYSE: ONDK)
    Acquired by Enova in 2020 for $90M
    Investors: Enova International

    Source: ondeck.com. Data verified December 2025.

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    Company information may be sourced from publicly available materials and vendor-provided data. SupplyWolf does not independently verify all information and makes no representations regarding accuracy.

    What is OnDeck Business Loans?

    OnDeck Business Loans is a Factoring / Financing solution from OnDeck listed on the SupplyWolf supply chain software marketplace. Fast business term loans with same-day decisions and flexible repayment. The company behind OnDeck Business Loans is founded in 2006, headquartered in New York, NY, and with a team size of 501-1000.

    Frequently asked questions

    OnDeck Business Loans is a Factoring / Financing solution. Fast business term loans with same-day decisions and flexible repayment.

    According to the vendor, OnDeck Business Loans is positioned for teams such as Small businesses needing fast working capital, Companies seeking short-term loans with flexible repayment, and Established businesses with 1+ year history, primarily small and mid-sized businesses and mid-market companies.

    OnDeck Business Loans lists integrations with QuickBooks, Business Banking, ACH Networks, Merchant Services, and SBA Lending. Confirm any specific integration with the vendor as part of your evaluation.

    OnDeck Business Loans pricing as listed by the vendor: Loans up to $500K | Daily/weekly payments. Request a custom quote for your specific use case.

    OnDeck is headquartered in New York, NY, founded in 2006, and with a team of 501-1000 people.

    OnDeck reports total funding of Public (formerly NYSE: ONDK), Acquired by Enova in 2020 for $90M, and backed by Enova International.