Empower your business with OnDeck
OnDeck specializes in small business loans designed to fuel growth. Here’s what you need to qualify.
Requirements
- Minimum Time in Business: At least one year.
- Revenue Threshold: $100,000 annual revenue or more.
- Personal Credit Score: Typically 625 or higher.
- Business Bank Account: An active account in your business’s name.
Why OnDeck?
OnDeck provides fast and accessible loans tailored to small businesses. Their streamlined process ensures you get funding when you need it.
Business eligibility
To qualify, your business must:
Operate in the U.S.
Be actively generating consistent revenue.
Personal credit evaluation
OnDeck considers your personal credit score alongside your business’s financial health.
Revenue verification
Be prepared to show recent business bank statements and financial records.
Application overview
Apply Online: Provide basic business and personal information.
Submit Documentation: Include financial records and business details.
Loan Decision: OnDeck’s quick review process provides fast approvals.
Receive Funds: Access funds in as little as 24 hours.
Tips for a successful application
- Organize Financial Records: Ensure your documents are up-to-date
- Build Your Credit: A higher score increases approval odds
- Understand Loan Options: Choose terms that suit your business needs.
Who should consider OnDeck?
OnDeck loans are ideal for:
Expanding operations
Managing cash flow
Purchasing equipment
The best option for to business
OnDeck’s small business loans are a lifeline for growing companies. Meet the requirements and apply to boost your business today.
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Diana Berrio
