Online business lender OnDeck was awarded the best-in-class five-star rating from TopConsumerReviews.com. read more

JUL 9, 2018 - 6:19 am

OnDeck reported a Q1/18 net loss of $1.9 million, which was down from a net loss of $11.1 million in Q1/17 as provision charges were $9.9 million lower compared to a year earlier. read more

MAY 8, 2018 - 3:19 pm

OnDeck appointed Kenneth A. Brause CFO. Brause previously worked for CIT as treasurer. Prior to that, he led the North America Banking group, including oversight of the Equipment Finance division. read more

MAR 13, 2018 - 6:56 am

OnDeck reported Q4/17 net income of $5.1 million compared to a net loss of $35.9 million for the same quarter in 2016. Q4/17 provision charges of $34.4 million compared to $55.7 million for the same quarter a year earlier. read more

FEB 14, 2018 - 7:19 am

A fund managed by an investment advisor subsidiary of BlackRock joined OnDeck’s platform of financing partners as a committed source of capital to fund small business loan growth. read more

JAN 2, 2018 - 6:48 am

OnDeck hired Kelly Merrill and Erich Wust as SVP of Finance and SVP of Portfolio Management, respectively. The former was previously with GE Capital, the latter with SunTrust Bank. read more

DEC 12, 2017 - 7:42 am

Jared Kogan joined Pearl Capital Business Funding as chief revenue officer. Previously, Kogan spent 10 years in the fintech space, most recently as director of OnDeck’s broker division. read more

SEP 8, 2017 - 6:26 am

OnDeck marked a decade of providing small businesses with access to capital. read more

SEP 5, 2017 - 6:30 am

OnDeck reported lower Q2/17 net losses compared to the same quarter in 2016. Loan volume of $464.4 million was down from $589.7 million a year earlier. read more

AUG 9, 2017 - 7:17 am

The Commercial Equipment Marketplace Council is meeting in Laguna Beach, CA this week to discuss technology’s place in driving equipment financing efficiencies. read more

JUN 12, 2017 - 6:34 am

OnDeck reported a Q1/17 net loss of $11.1 million despite a gross revenue increase of $30.3 million, which was partially offset by loan loss charges of $46.2 million, up from $25.4 million in Q1/16. read more

MAY 10, 2017 - 6:26 am

Reuters reported online lender Kabbage is in talks to raise equity funding that could be used for acquisitions. OnDeck was named as a possible target. read more

MAR 23, 2017 - 7:00 am

OnDeck reported a net loss of $83.0 million for full-year 2016, up from a net loss of $1.3 million a year earlier. The company noted its provision for loan loss charges doubled from $74.9 million 2015 to $150 million in 2016. read more

FEB 17, 2017 - 6:17 am

WEX, a provider of corporate and small business payment solutions, announced a partnership with OnDeck. WEX will offer business financing from OnDeck to its small business customers. read more

JAN 17, 2017 - 7:36 am

Online lender OnDeck is expanding its Accountant Advisor Program with the hiring of new accountant relationship managers in Miami, Louisville, KY, and Mobile, AL. read more

JUN 7, 2016 - 6:32 am