News Archive

By Peter Renton – June 17, 2014 A lot has been written about small businesses and their lack of access to capital. This was exacerbated by the financial crisis but it is something that many […]

New, non-bank lenders are using technology to take complexity and time out of small business loan making. By Karen Mills — June 11, 2014 Square, a brainchild of Twitter TWTR 0.92% co-founder Jack Dorsey, recently […]

By Mary Wisniewski – May 8, 2014 Banks can view disruptors as foes or ignore them altogether. BBVA Compass is increasingly treating alternative fintech firms as allies in its efforts to become a digital titan. […]

By Jennifer Bjorhus – April 5, 2014 Jack Metcalf and Jason Stevens have bitter memories of the banker who walked in during the credit freeze and threatened to shut down Fan Man Lighting if they […]

By Owen Linderholm — Thursday, Mar 6, 2014 OnDeck Capital is a company that makes loans to small businesses. Traditionally small businesses have gotten funding in a few straightforward ways. One is self-funding from the savings and bank […]

By Hollie Slade – March 6, 2014 OnDeck, a company that makes online loans to small businesses today announced it raised $77 million in a late stage round led by Tiger Global Management. The company which […]

1/29/2014: OnDeck CEO Noah Breslow discusses proposed small business minimum wage increase on Money with Melissa Francis.

By Traci McMillan Beach – January 31, 2014 Last year Shannon Schofield, the owner of Tampa small business CardQuest, needed $50,000 in capital to launch two new product lines. After having a bank turn her down for […]

By Patrick Clark – January 23, 2014 Here’s more evidence of the growing market for alternative small business loans: OnDeck, an online lender that makes term loans up to $250,000, generated $65 million in revenue in 2013, […]