Angie's List Teams with OnDeck
Relationship Connects Service Providers to
As part of this agreement, service providers on Angie's List will have access to OnDeck's loans for up to
"We are focused on providing convenience and value to service providers as they grow their businesses and we are excited to work with OnDeck to help make that happen," said
"OnDeck and Angie's List share a commitment to small business," said
Service providers on Angie's List who apply to OnDeck will have access to business term loans up to
OnDeck (NYSE: ONDK), a leading platform for small business loans, is committed to increasing Main Street's access to capital. OnDeck uses advanced lending technology and analytics to assess creditworthiness based on actual operating performance and not solely on personal credit. The OnDeck Score®, the company's proprietary small business credit scoring system, evaluates thousands of data points to deliver a credit decision rapidly and accurately. Small businesses can apply for a line of credit or term loan online in minutes, get a decision immediately and receive funds in as fast as the same day. OnDeck also partners with small business service providers, enabling them to connect their customers to OnDeck financing. OnDeck's diversified loan funding strategy enables the company to fund small business loans from various credit facilities, securitization and the OnDeck Marketplace®, a platform that enables institutional investors to purchase small business loans originated by OnDeck.
Since 2007, OnDeck has deployed more than