OnDeck has always been 100% focused on small businesses.

Globally, the OnDeck Group has now loaned over US$12 billion to small business owners across the US, Canada & Australia and is trusted by over 100,000 small businesses.


Our Core Principles

Created to support and empower small businesses, OnDeck is 100% committed to serving our customers with the smartest financing solutions and world-class service. OnDeck is the secure financing service that business owners everywhere can truly rely on.

Responsible Business Loans

Truthful, Transparent Information

The Best Customer Experience


Respect for Our
Customers

Privacy and Data
Security

Live by OnDeck
Values

 

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Our Leadership Team

Neil Wechsler

Chief Executive Officer

David Souaid

Chief Revenue Officer

Harley Greenspoon

Chief Operating Officer

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Why We Do What We Do

OnDeck launched in Canada in 2015 to solve a major issue facing small businesses: efficient access to capital. We use cutting-edge technology to evaluate businesses based on their actual performance, not solely business owners’ personal credit scores. Ultimately, this makes it possible for us to responsibly expand access to credit. This allows businesses to spend their time where it provides the most benefit—on their customers and on growing, rather than looking for a small business loan.

In April 2019, OnDeck combined its Canadian operations with Evolocity Financial Group (Evolocity), a Montréal-based online small business leader, to offer small businesses in all provinces and territories of Canada a broader array of innovative financing options and a superior customer experience.

OnDeck offers flexible terms and rates based on your business’ performance. Given approvals are not solely based on personal credit history, an OnDeck loan could be an attractive option when compared to a traditional bank loan. Additionally, we offer a quick response to loan applications. We qualify and evaluate business performance based upon a variety of important performance metrics. Moreover, if approved, it is possible to be funded in as fast as one business day

Since 2007, OnDeck Group has issued over US$12 billion in loans in the US, Canada and Australia for many business needs. These include inventory purchase, equipment acquisition, hiring and general corporate purposes. OnDeck has been trusted by over 100,000 small businesses across the US, Canada and Australia by providing them with a loan to help them build a growing and thriving enterprise.