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 $30,000 this year. After paying off the cost of the loan at $7,500, you gain a profit of $22,500.

  • 30k
    Opportunity

    $30,000 annual profit from expansion

  • 7.5k
    Cost

    Loan cost: $7,500

  • $22,500

    Year 1 Net Profit

Pricing and Qualifications in Canada

Who Qualifies for OnDeck Loans?
  • 1+ year in business
  • $100,000+ in annual revenue
  • 600+ personal credit score of business owner
Rate For every $1 borrowed, you pay on average $0.19.
Automated Weekly Payback Fixed weekly payments automatically deducted from your business bank account, so you don’t have to worry about missing due dates.

Note: Your loan size will be based on our analysis of your business. Your loan will be originated under U.S. law.