Get the most out of your OnDeck loan

Typical Loan Uses Include
Purchasing Inventory
Purchasing Equipment
Managing Cash Flow
Hiring Employees
Remodeling / Renovating
Handling Unexpected Expenses
Launching Marketing Campaigns
Opening New Locations
Bridging Receivables Gaps

Example Return on Investment

When Opportunity Knocks

You have an opportunity to buy $30,000 worth of inventory for $20,000 if you buy in the next 3 days. A $20,000 OnDeck loan paid back over 6 months gets you money the next day, netting you a savings of $7,000.

  • 10k Opportunity

    $10,000 inventory discount

  • 3k Cost

    Loan cost: $3,000

  • $7,000

    Business Savings

When You Need to Expand

Using a $50,000 OnDeck loan with a 12-month term, you can expand your business and net an additional $48,000 this year. After paying off the cost of the loan at $12,000, you gain a profit of $36,000.

  • 48k Opportunity

    $48,000 annual profit from expansion

  • 12k Cost

    Loan cost: $12,000

  • $36,000

    Year 1 Net Profit

Pricing: What to Expect

OnDeck Term
Businesses that meet our core lending requirements can expect to receive the following typical loan sizes, term lengths, and rates.
OnDeck Term
Businesses that meet our core lending requirements can expect to receive
the following typical loan sizes, term lengths, and rates.
Term Length (months) 6 9 12 18
Average Loan Size $25,000 $35,000 $43,000 $57,000
For Every $1 Borrowed, You Pay $0.17 $0.21 $0.24 $0.33
Cost of Loan $4,250 $7,350 $10,320 $18,810
Origination Fee We charge an origination fee of 2.5% of the loan, with a $395 minimum.
New! OnDeck Term 24
Larger businesses with established credit history may qualify for Term 24.
Term Length 12 – 24 months
Loan Amount $50,000 – $250,000
Rate 19.99% – 39.99% APR
For Businesses With
  • 3+ years in business
  • $100,000+ per month in revenue
  • Strong business and personal credit
  • Frequent business checking transactions
Origination Fee APR includes an origination fee of 2.5% of the loan, with a $395 minimum.

Note: Your loan size, term and rate will be based on our analysis of your business. Depending on the location of your business, your loan will be originated under either Virginia or California law. 24 month terms are currently not available to businesses in California, Nevada, North Dakota, South Dakota or Vermont.