Smarter.Loans | December 17, 2017
In a disruptive space with multiple scrappy ‘Davids’ trying to compete with legacy big bank ‘Goliaths,’ OnDeck Capital Inc. has repeatedly come out on top by relentlessly servicing other underdogs – small businesses, the backbone of our economy – with its innovative, “state of the art” OnDeck Score and by addressing the full range of small business financing needs.
One of the largest U.S providers, OnDeck moved north of the border in 2014, the same year it went public on the New York Stock Exchange. Today, it’s the world’s largest online lender to small businesses, with more than $8 billion loaned to over 80,000 customers in 700 different industries across Canada, the U.S. and Australia. OnDeck has also earned an A+ rating from Canada’s Better Business Bureau.
One of the pioneers in Canada’s fintech lending space, OnDeck fills the financing gap to small businesses such as local hairdressers, restaurants and mom and pop shops – often underserved by the major banks.