OnDeck Capital Related Content

OnDeck Sees $27.7MM Net Income in 2018

OnDeck announced fourth quarter 2018 net income of $14 million, an increase from $9.8 million from the previous quarter. The company’s full year 2018 net income of $27.7 million was significantly improved from its net loss of $11.5 million in 2017. read more

FEB 13, 2019 - 7:05 am

Ares Agents ABL Revolver Upsize for OnDeck Asset Funding

OnDeck Funding, a subsidiary of OnDeck Capital, amended its existing ABL revolver that provides for an increase in lenders’ commitment from $100 million to $150 million. Ares Agent Services served as administrative agent. read more

FEB 15, 2017 - 7:11 am

OnDeck Reports Q3 Loss as Provision Charges Rise 126% Year/Year

Small business lender OnDeck announced a Q3/16 net loss of $16.6 million compared to net income of $3.7 million a year earlier. The company noted its provision for loan losses charge of $36.6 million was up 126% from $16.2 million a year earlier. read more

NOV 4, 2016 - 6:56 am