Suvarna Garge (Editor)

OnDeck Capital

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Type
  
Public

Industry
  
Finance

Products
  
Business Loans

Founder
  
Mitch Jacobs

Traded as
  
NYSE: ONDK

Genre
  
Financial Technology

CEO
  
Noah Breslow (Jun 2012–)

Founded
  
2007

OnDeck Capital httpswwwondeckcomwpcontentuploads201609

Key people
  
Noah Breslow, CEO, Howard Katzenberg, CFO, Nick Brown, CRO, Andrea Gellert, CMO, Cory Kampfer, Chief Legal Officer, Paul Rosen, Chief Sales Officer

Stock price
  
ONDK (NYSE) US$ 4.59 -0.18 (-3.77%)24 Mar, 2:00 PM GMT-4 - Disclaimer

Headquarters
  
New York City, New York, United States

Subsidiaries
  
OnDeck Asset Pool, LLC

Profiles

Coo of ondeck capital on aggregators small business and going public


OnDeck Capital is a non-bank small business lender based in New York City, with locations in Denver, Colorado, and Arlington, Virginia.

Contents

OnDeck uses proprietary technology and credit models to evaluate the financial health of small businesses. As of April 2016, OnDeck has funded over $4 billion to more than 40,000 small business customers in the US, Australia, and Canada and is publicly traded on the New York Stock Exchange Ticker Symbol: NYSE:ONDK.

OnDeck Capital seeks to extend loans and lines of credit to new small business customers by building strategic partnerships with larger established banks such as JP Morgan Chase and others.

Ondeck capital review business loans review ondeck lending angelkings com


History

Founded in 2006 and headquartered in New York City, the company uses proprietary software to aggregate data about a business’ operations, which is processed by an algorithm that determines loan eligibility. As of 2014, OnDeck had funded more than $1.7 billion in loans

In June 2016 JPMorgan Chase struck a deal with OnDeck Capital to begin offering new types of capital to its small business customers.

References

OnDeck Capital Wikipedia