OnDeck made its first loan in August 2007 and is now celebrating its 10th year anniversary, loaning over $7bn in capital to more than 70k customers across US, Canada, and Australia.
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SMB online lending now over 10 years old
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OnDeck has led the way in revolutionizing how FinTech companies and banks collaborate in order to harness technology and learnings to drive superior customer experiences for small businesses. Recently, OnDeck and JPMorgan Chase announced a landmark new contract extending their collaboration on Chase's digital small business lending solution, Chase Business Quick Capital®, for up to 4 years. The multi-year agreement enables Chase to develop and deliver increased digital functionality as it delivers lending solutions to its small business banking customers.
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