OnDeck’s Top Picks

Where do I Start? Social media is continually changing the way that we communicate and consume information. Today, quality content is the foundation and at the heart of any successful social media strategy. As a small-business owner, it can be…

A fixed term loan provides a lump sum of money that a borrower pays back with interest over an agreed-upon period. A line of credit, meanwhile, provides access to a sum of money that you can use as needed. Both options…

In a recent interview by Smarter Loans, David Souaid, co-founder and president of Evolocity Financial Group (now OnDeck Canada), was asked to share some advice on building a successful business. Although there is no exact recipe for creating a successful…

What is TikTok and why should I join? As the most popular app downloaded in 2020, chances are you’ve heard of TikTok. Since its launch, the app has exploded in popularity and now has over 1.1 billion active users worldwide.…

Traditionally, collateral has been considered an important part of qualifying for a small business loan. In fact, it’s one of the Five Cs used by many traditional lenders to help them evaluate a potential borrower. The term collateral refers to “an item…

From phone companies to cosmetics brands to coffee shops, the business world is swimming with loyalty programs. In fact, more than 90% of companies have some sort of loyalty program in place. Why? Because customers love them, and businesses can…

Over the last year many small business owners have had to think outside the box. Many found innovative ways to drive revenue while their regular business operations were impacted by Covid-19 restrictions. Although some of these innovations were born out…

As summer approaches, the COVID-19 vaccine rollout is sparking optimism for Canadian small businesses. According to Deloitte’s 2021 Economic Outlook Report, “the Canadian economy has proven more resilient than expected” and we can expect to see a surge in consumer…

Author: Ty Kiisel Small business owners come from different backgrounds and, many times, different skill sets. Regardless of whether your background is in sales, marketing, or a technical background, there are some things I’ve observed every small business owner needs…