Loans/business/OnDeck Business Loan
Business Loan
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OnDeck Business Loan

OnDeck

4.3
(8,900 reviews)

11 Free Calculators

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100% Free

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Loan Details at a Glance

APR Range

11.89% - 63%

Loan Amount

$5K - $250K

Loan Terms

0 - 3 years

Min. Credit Score

600

Overview

OnDeck provides fast business loans with same-day funding for small businesses that need quick access to capital.

Best for: Small businesses needing fast working capital

Pros & Cons

Pros

  • Very fast funding
  • Lower credit requirements
  • No collateral needed
  • Transparent pricing

Cons

  • Higher interest rates
  • Origination fee
  • Daily or weekly payments

Key Features

  • Fast approval
  • Same-day funding available
  • No collateral required
  • Flexible use of funds
  • Simple online application

Common Uses

Working capital
Equipment
Inventory
Expansion

Frequently Asked Questions

Ready to Apply?

Soft credit check
No impact on credit score
Same day possible

Checking rates won't affect your credit score

Loan Terms

Origination Fee:2.5-5%
Prepayment Penalty:None
Funding Speed:Same day possible