Tech Company Financing Transactions
OnDeck Capital Funding Round
OnDeck Capital, based in New York, secured $130 million in funding from Deutsche Bank, Key Equipment Finance and Square 1 Bank.
Transaction Overview
Company Name
Announced On
9/16/2013
Transaction Type
Debt
Amount
$130,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new credit facilities enable OnDeck to deploy more funding and develop more flexible financing options to meet the rapidly expanding demand small businesses have for working capital.
Company Information
Company Status
Publicly-held
Industry
FinTech
Mailing Address
1400 Bdwy.
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Overview
OnDeck (NYSE: ONDK) was founded in 2006 to help businesses get small business loan financing when traditional bank loans are not an option. Our vision is to help small businesses get access to business loan financing, which should improve their payment behaviors and credit scores so they may someday qualify for a traditional loan.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Noah Breslow
Chief Financial Officer
Ken Brause
VP - Bus. Development
Robert Young
VP - Engineering
David Miller
VP - General Counsel
Cory Kampfer
VP - Human Resources
Lorna Hagen
VP - Product Management
Gagan Kanjlia
VP - Sales
Andrea Gellert
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