Intermediate-Term Loan by OnDeck

Intermediate-Term Loan by OnDeck

OnDeck offers business term loans up to $500,000 and business lines of credit up to $100,000 to qualifying small businesses. The process is simple and looks at the overall health of a business rather than personal credit alone. Their quick application requires little to no paperwork. Decisions can be given in minutes, and funding is delivered in as fast as 24 hours. Apply today!

Nav's Verdict

40% Complete
Effort to Apply
20% Complete
Funding Speed
30% Complete
Repayment Terms
40% Complete


Bottom Line

It's a more affordable product than their regular OnDeck term loans. Shop around and see if this gives you the best terms compared to alternatives.


Minimal Paperwork. Fast Approval & Funding. Transparent pricing.


Established businesses only. Higher interest rates than banks.

Qualification requirements

Time in Business

At least 1 year in business

Annual Revenue

At least $100,000

Other Requirements

Stable business checking account balances and frequent business checking transactions


500+ personal credit score

State Restrictions

24 month terms are currently not available to businesses in California, Nevada, North Dakota, South Dakota or Vermont.

As low as 5.99% AIR; Average 30% AIR
Repayment Terms
Daily or weekly payments for 3 to 36 months
Funding Amount
$5,000 - $500,000
Origination Fee
2.5% for first, 1.25% for second, none for all after.
Funding Speed
As fast as 1 day.
All digital. May require some phone communication.


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