OnDeck said it exited 2013 with record annual revenue growth of 150% and an annualized run rate of $100 million in revenue. OnDeck’s loan volume now surpasses $825 million in capital delivered to Main Street companies since its inception. The company said its strong performance reflects its focus on innovative technology and credit models, superior marketing strategies and aggressive hiring efforts.

The company also reported significant gains across other key areas: 140% year-over-year increase in customers served; 166% increase in applications received; and 47% increase in the number of employees.

“Our momentum is a result of our team’s flawless execution and our ability to better identify creditworthy small businesses through technology,” said Noah Breslow, chief executive officer, OnDeck. “OnDeck’s 150% revenue jump in 2013 demonstrates both the high quality of our disruptive solution to a flawed traditional lending system, and the continued need small businesses have for lenders that can deliver fast and friction-free capital.”

The company also released the January 2014 edition of its Main Street Pulse Report, which identifies insights and drivers of increased growth capital demand. The study shows that OnDeck’s top three applicant categories achieved robust year-over-year increases in 2013: restaurants were up 102%; auto repair 95%; and contractors & residential construction 306%. This growth among community pillar industries represents the pent up demand for financing and the failure of traditional lenders to meet that demand, OnDeck said.

To view the Main Street Pulse Report infographic click here.