OnDeck Lines of Credit

Manage your business
with lines up to $100,000 and APRs as low as 13.99%

  • Flexible working capital

    How it works: Draw the cash you need directly into your business checking account at any time. Only pay interest on what you draw. Pay back your balance early any time.

  • Use your line of credit to
    • Manage accounts receivable gaps
    • Take advantage of new opportunities
    • Manage unexpected expenses
Line of Credit Qualifications and Pricing
Do I qualify?
  • Companies in business at least 1 year
  • $100,000+ in gross annual revenue
  • A majority owner with a 600+ personal credit score
What are the rates?
  • 13.99% – 39.9% APR
  • Your line amount and rate will be based on our assessment of your business along with your business and personal credit
How do I pay back?
  • Fixed weekly payments
  • Automatically deducted from your business bank account, so you don’t have to worry about missing due dates
Are there any fees?
  • $20 monthly maintenance fee, which is waived for 6 months if you draw $5,000 or more in the first five days of opening your account
  • There are no fees to draw money

Note: Depending on the location of your business, your loan will be originated under either Virginia or Utah law.

Sample $10,000 Draw and Payback
Based on a 19.99% APR
Pay off your balance in … 1 week 6 months
Total Repayment $10,038.44 $10,527.27
Apply Now
One application for all OnDeck financing options

Or call a Funding Specialist at (888) 996-1445

We help small businesses every day. Here’s what they’re saying:

  • “My friends and I started Waterfront Wines about a year and a half ago. We hadn't had too much experience with lenders, but OnDeck has set the bar pretty high. Our sales rep was prompt, courteous and honest. With the money we were able to invest in the business, we're trending towards 25% growth this year.”

    waterfrontwines

    Benjamin Bohen
    Waterfront Wines & Spirits
    Brooklyn, New York
    waterfrontwinesnyc.com

  • “OnDeck made getting a loan so incredibly easy and simple - I knew I was making the right decision. And, since closing my loan, I've already seen more than 100 new customers walk through my door. I'll definitely be coming back to OnDeck for my next project.”

    tropictan

    Sharon Herd
    Tropic Tan
    Kennesaw, Georgia
    .facebook.com/tropictansalon

Interest rates, terms and amounts vary based on risk assessment and creditworthiness at the time of application. Your loan size, term and rate will be based on our analysis of your business as well as your history with OnDeck, if applicable. *Eligibility for the lowest rates is limited to the healthiest businesses with the strongest cash flows, and typically businesses that have shown an excellent payment history on prior loan products with OnDeck.