- 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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Our Business Finance Solutions - There's Simply No Comparison
Accessibility, affordable rates, and fast turnaround - On Deck Capital is a smart business finance 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 business finance options to other loan options such as merchant cash advances, there is simply no comparison.
On Deck’s Business Finance Benefits
- Affordable for small business finance cash flow
- Best aligned with revenue generated from the business finance 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 Finance Loans vs Merchant Cash Advances
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CASH ADVANCES |
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| A true business finance loan with a fixed interest rate and term | Not considered a business finance loan because it does not comply with interest rate regulations |
| For a $30,000 business finance 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 business finance 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 business finance loan will be reflected on your credit history, which may improve your chances of qualifying for a traditional business finance bank loan | Successful repayment of a cash advance business finance loan does not positively impact your credit history |
* Source: Business Week - How Merchant Cash Advances Work - January 9, 2009
To see the best lending options for your business, click here to get started with On Deck. Or simply call Toll Free, 1-888-269-4246.
On Deck Capital Business Finance Loan 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 Business Finance Loan
An On Deck Capital business finance 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 Finance Loan |
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| 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 7 business days |
| Average Term | 60 months | 12 months |
| Payment Structure | Monthly and manual | Daily and automated |
To see the best lending options for your business, click here to get started with On Deck. Or simply call Toll Free, 1-888-269-4246.
On Deck Capital, Inc. ® is a Registered Trademark.