Online Loan Company Receives Additional Funding

OnDeck, an online lender that specializes in short term loans to small businesses, has received $77 million dollars in late stage funding. OnDeck doesn't require meeting with a loan officer, instead borrowers submit 90 days worth of cash flow information, than OnDeck uses algorithms to determine a company’s creditworthiness. Read more...

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.