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On Deck Makes its Platform Available to Third Parties


Next, On Deck demonstrated how it can help third parties calibrate the appropriate loan amount:
“On Deck’s technology is now available to third parties who want to leverage their own capital to reach small businesses. Third parties can connect their capital to the On Deck Platform to underwrite and service small business loans. 
Our technology will also harness small businesses’ digital information – such as online banking and cash flow information – in order to calibrate an appropriate loan amount. With our technology, these organizations will be able to vastly increase the number of small businesses they are able to service, while significantly decreasing the time required of small business owners to obtain capital.”
Product Launched: May 2012
HQ Location: New York, NY
Company Founded: 2007
Metrics: $200 million delivered to small businesses, 100+ employees
Introducing Noah Breslow (Chief Operating Officer), Tammy Halevy (SVP, Enterprise Opportunity) and James Hobson (SVP Strategic Partnerships & Platform Solutions)