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OnDeck (Company)

Mostly recommended17 total votes across 3 products

10 users recommend

2 users are unsure

5 users don't recommend

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Business Financing

Business Financing

OnDeck Business Lines of Credit
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OnDeck Business Loan
Mostly recommended
17 Reviews
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OnDeck Merchant Cash Advance
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OnDeck Review

OnDeck was founded in 2007 and is based in New York, NY.

Learn more about OnDeck and its products by browsing the services it offers. You can also read our community reviews and hear what others have to say about their experience with OnDeck.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message from OnDeck

We help small businesses get the funds they need to manage challenges and opportunities—and succeed on their own terms. We believe that small businesses are the lifeblood of the U.S. economy, and historically have been underserved financially. Since our founding in 2006, we’ve been committed to making it efficient and convenient for small businesses to access financing online.

We know that a small business is more than just a credit score. That’s why we pioneered the use of data analytics and digital technology to aggregate and analyze thousands of data points to assess the creditworthiness of small businesses rapidly and accurately. We also know that small business owners don’t have enough hours in the day as it is, and when they need funds, they need them right away. That’s why we created a simple online application, backed by exceptional customer service – so business owners can get the funds they need, and back to running their business.

Contact

Headquarters

1400 Broadway 25th Floor

New York, NY 10018

(855) 638-7326

Email Support

SuperMoney Net Recommendation Score

SuperMoney users mostly recommend this product, giving it a user recommendation score of +29, or 3.6 on a 5-point rating scale.

+29

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

OnDeck Community Reviews

Would you recommend OnDeck to your friends?

Wesley M.

Jan 9, 2022

May or may not recommend

Review for OnDeck Business Loan

I've not had a loan through Or any of these financial institutions here. I have learned through legal firms that belong to a couple major banks that as of 2000 the deregulation has placed all financial institutions into a self governing position and the consumer protection will agree with the decisions of the instruction over the consumer. Checking this I was sent a reply by the consumer protection agency stating ...Show More

Ronke O.

Dec 10, 2020

May or may not recommend

Review for OnDeck Business Loan

OnDeck is known for the speed of response. You will definitely know the status of your request within 24 hours. Provided you have submitted the right details, then approval will not be an issue. You can try them out as I have and it worked for me. I recommend OnDeck Business Loans

Matt P.

Dec 1, 2020

May or may not recommend

Review for OnDeck Business Loan

OnDeck Business Loans has an A+ Rating with the Better Business Bureau and a 4.9 Rating on Trustpilot one can be assured their trust is safe with a company such as OnDeck Business Loans. They have currently globally delivered thirteen billion dollars to different businesses. Offering loan amounts ranging from $6K - $100K coming with a 12 month repayment term on said loan, convenient timing and the repayment term resets ...Show More

Rosanne L.

Apr 14, 2020

May or may not recommend

Review for OnDeck Business Loan

OnDeck has frozen my Business Line of Credit purely due to the Covid-19 Crisis eventhough I have not missed a single payment. They did so without notification, I only found out when I went to my account to check on something else. I was told this was a decision they made across the board for certain businesses and that I had to submit another 3 months bank statements ...Show More

Shaaf P.

Nov 2, 2018

May or may not recommend

Review for OnDeck Business Loan

1st round went super smooth. Decent factor rate of 1.33 o a 1 year term. After that, went sour. Offers kept being thrown my way but then would be returned as denied. Out of the 16 times i applied i only got the initial loan.

Showing 5 of 17 reviews