OnDeck
fast-business-loans · USOnDeck provides fast business loans and lines of credit designed for small businesses that need quick access to capital. It offers term loans from $5,000 to $250,000 and lines of credit from $6,000 to $100,000, with funding available as fast as the same business day. OnDeck accepts applicants with a minimum FICO score of 625 — lower than most traditional bank loan requirements — making it accessible to businesses that may not qualify for conventional financing. APR is typically in the 29.9%–97.3% range, reflecting the higher cost of fast, accessible capital. OnDeck offers loyalty benefits for repeat borrowers. Terms vary by applicant. OnDeck is available to US-based businesses only.
Quick Answer
OnDeck is designed for smb businesses. Pricing starts at $29.9/mo. Best suited for US-based businesses. Lower credit score minimum (625 FICO) widens access for small businesses
Pricing
// verify pricing before launch — prices shown may not reflect current vendor rates
Key Features
- •Term loans: $5,000–$250,000
- •Lines of credit: $6,000–$100,000
- •Minimum 625 FICO score — lower than traditional bank requirements
- •Same-day funding available for qualified applicants
- •Loyalty benefits and rate reductions for repeat borrowers
- •Term loans and lines of credit available under one platform
Pros
- +Lower credit score minimum (625 FICO) widens access for small businesses
- +Fast funding — same business day approval and funding possible
- +Loyalty program rewards repeat borrowers with better terms
- +Both term loans and lines of credit available from a single lender
- +Transparent fee structure with clear terms and repayment schedules
Cons
- −APR is significantly higher than traditional bank loans (29.9%–97.3%)
- −Short repayment terms can mean high weekly or daily payments
- −Not available to non-US businesses
- −Higher cost reflects the speed and accessibility of funding
- −Not suitable for businesses that qualify for lower-rate conventional loans
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Integrations
Compare OnDeck with other tools
See how OnDeck stacks up against Fundbox side by side.
Reviewed by Finatune · Last updated 2026-07-12