A fast, flexible form of business funding.

Lines of credit can provide money now — and in the future.

lines of credit from $6K - $100K

repayment terms of 12, 18 or 24 months

weekly or monthly payments

Fuel your business with an OnDeck Line of Credit.

Running a business takes money. Whether it’s covering expenses or investing in a big purchase, funding is key — both now and down the road.

That’s where a business line of credit comes in handy.

With a line of credit, you can get approved for ongoing access to credit. You can draw funds as needed to use as cash. And as you repay what you’ve borrowed, you replenish your available credit. This allows you to keep funds at your fingertips — without the need to reapply.

Benefits of an OnDeck Line of Credit.

Only pay for what you borrow

Withdraw what you need, when you need it. You’ll only be charged interest on the funds you draw.

Instant funding

Receive your money within seconds when you make a withdrawal — 24/7, even on nights and weekends.*

Build business credit history

We report to business credit bureaus, which helps build business credit history with on-time payments.

Business funding that moves at your speed.

  • Step 1

    Complete the application.

    Our streamlined process is designed to be completed in just minutes.

  • Step 2

    Get a decision.

    Work with an expert loan advisor to choose the best option for you.

  • Step 3

    Receive your funds.

    Sign your contract and get funds as soon as the same day.

Are we a match? Check our business line of credit requirements.**

1 Year
in business

personal FICO® score

business annual revenue

checking account

FAQs: OnDeck Business Line of Credit.

With an OnDeck Line of Credit, draws are consolidated into one loan with one easy weekly or monthly payment. As you pay back your principal, you replenish available funds. Our line of credit comes with no draw fees. Adjust the payment amount and term to ensure a comfortable weekly or monthly payment.

Instant Funding is a fast and easy way for small business owners to access working capital to run their business. OnDeck is one of the only lenders to offer business lines of credit with instant access to your funds. Draw from your line of credit when you need it and see the funds in your account in seconds, 24/7, even when the banks are closed.*

There are some times when you could really use access to additional funds. Based on your cash flow, net income and payback history, you may be eligible for a credit line increase. All you need to do is call your dedicated loan advisor to learn more.

Transparency is key when it comes to choosing a lender. That’s why OnDeck developed the OnDeck Loan Comparison Tool. In plain English and an easy-to-read format, this tool shows you key terms you need to evaluate potential short term loan offers so that you have a comprehensive, standardized breakdown of your cost of capital.

The total cost of your line of credit will vary based on a number of factors, including your personal and business credit scores, time in business and annual revenue and cash flow.§

We report your payments to business credit bureaus. So every time you pay on time, you’re building business credit history.

You may have a project that could benefit from funds beyond the capabilities of your business line of credit. At OnDeck we understand, and our term loans are available in addition to your business line of credit. Reach out to your dedicated loan advisor to explore some of your available options.

We use soft pulls of personal credit reports that don’t affect your credit score.