Line of Credit 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!
Effort to Apply
A line of credit can be a great asset to your business. It allows you the flexibility to draw funds when you need it, and you only pay interest on what you use.
Minimal Paperwork. Fast Approval & Funding. Transparent pricing.
Established businesses only. You only have 6 months repayment for each draw.
Time in Business
At least 1 year
At least $100,000
600+ personal credit score. Stable business checking account balances and frequent business checking transactions.
As low as 13.99% APR; Average 30% APR
Weekly payments for up to 6 months per draw
$6,000 - $100,000
As fast as 1 day.
All digital. May require some phone communication.
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