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If your business needs financing,
OnDeck is here to help.
Note on OnDeck Business Loans
As a result of the COVID-19 pandemic, OnDeck is temporarily suspending Term Loans and Lines of Credit. We are offering SBA PPP loans while government funding remains available to serve our customers during these extraordinary times.
Term Loan
Use it for investments in your business
One-time lump sum of cash upfront
From $5K–$500K
Repayment terms of 3-36 months
Rates as low as 11.89% APR*
Line of Credit
Use it to manage cash flow
Ongoing, flexible access to cash
Learn More about Line of Credit
From $6K–$100K
Repayment terms of 12 months
Rates as low as 10.09% APR*
Let's get started with your PPP Loan application
Step 1. Complete the application
You’ll need your basic business information and documentation of payroll expenses to apply. See our guide for a full list of acceptable documents by business type.
Step 2. Sign & Submit DocuSign
Your loan advisor will confirm receipt of your application, send a DocuSign containing a pre-loaded SBA Borrower Application, and let you know if any additional documentation is needed.
Step 3. We submit to SBA
Once we receive all your documentation, we’ll calculate your loan amount, finalize your application and submit it to the SBA.
Step 4. Get a decision
Please allow at least 5 business days for your application to be fully reviewed. Your loan advisor will reach out as soon as we receive an SBA decision.
Step 5. Receive your funds
Complete the online checkout and funds will be deposited into your bank account within 1-3 business days.
Online doesn’t have to mean impersonal – with OnDeck you get real people to talk to.
Your dedicated, U.S. based loan advisor is available to help you every step of the way.
Call: (888) 269-4246
M-F 9am–8pm ET
Here’s what business owners like you have to say
*Eligibility for the lowest rates is very limited, available only to businesses with the strongest creditworthiness and cash flows, and typically businesses that have shown an excellent payment history on prior loan products with OnDeck. The weighted average rate for term loans is 49.06% APR; the weighted average for lines of credit is 35.16% APR. Weighted averages are based on loans originated in quarter ending December 31, 2019.