- Become a Partner
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On Deck Capital welcomes established companies with experience in servicing small businesses. Contact us at 888.269.4246, extension #1.
- On Deck Advantage
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- Offer an alternative financing solution for small business
- Expand your prospect base
- Deepen customer relationships
- How We Support You
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On Deck Capital is committed to your success — with our dedicated relationship managers, tools to track and manage deals, and marketing collateral to help you generate business.
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There's Simply No Comparison
Accessibility, affordable rates, and fast turnaround - On Deck Capital is a smart option for a small business that just misses the cutoff or doesn't have time to wait for a traditional bank loan. When you compare the benefits of On Deck Capital to other loan options such as merchant cash advances, there is simply no comparison.
Benefits- Affordable for small business cash flow
- Best aligned with revenue generated from the loan
- Typically up to 50% lower than a merchant cash advance loan
- Quick decision and cash in hand as fast as 7 business days
- Daily, predictable payment avoids one lump sum payment
On Deck Capital Business Success Loans vs Merchant Cash Advances
 | CASH ADVANCES |
|---|---|
| A true business loan with a fixed interest rate and term | Not considered a loan because it does not comply with interest rate regulations |
| For a $30,000 loan, On Deck charges $35,700 at a maximum rate of 19 cents on the dollar (depending on your credit) over 6 months for a daily payment of $277 |
For a $30,000 loan, cash advances will charge you $41,400 at a rate of 38 cents on the dollar (or even higher) over 6 months* for a daily payment of approximately $321 |
| No need to change credit card processor or accepts credit cards |
Must change credit card processor |
| On Deck does not usually interrupt your credit card activity. We collect a fixed daily payment from your business bank account |
Cash advances intercept your credit card receivables at the merchant processor and take a fixed percentage of your daily credit card volume |
| Successful repayment of an On Deck loan will be reflected on your credit history, which may improve your chances of qualifying for a traditional bank loan | Successful repayment of a cash advance does not positively impact your credit history |
* Source: Business Week - How Merchant Cash Advances Work - January 9, 2009
To speak with a Small Business Loan Specialist, simply call Toll Free, 1-888-269-4246, or apply online.
On Deck Capital or an SBA Loan
SBA Loan
The Small Business Association (SBA) loan is ideally suited for small business owners with strong personal credit histories and well-organized financial and business planning systems. SBA loans are really bank loans, submitted to the SBA for guaranteed payment, allowing the bank to lend with reduced risk.
On Deck Loan
An On Deck Capital loan is designed for small businesses with strong company cash flow, less-than-perfect credit scores and time-sensitive funding needs.
| Feature | SBA Loan | On Deck Business Success Loan |
|---|---|---|
| Customer Target: | Business owners with:
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Business owners with:
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| Documentation Required: |
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| Collateral Required? | Yes (typically 10%) | No |
| Average Application Time | 2-3 months | Decisions within 2 business days; funding within 5 business days |
| Average Term | 60 months | 12 months |
| Payment Structure | Monthly and manual | Daily and automated |
To speak with a Small Business Loan Specialist, simply call Toll Free, 1-888-269-4246, or apply online.
