Small Business Lending That's Fast & Easy | OnDeck
WEBWe’re fluent in small business — and ready to take your call. You don’t need to be an expert on small business loans. Our team of U.S.-based loan advisors is here to help you every step of the way. (888) 269-4246. Monday – Friday.
How Small Businesses Owners Pick Business Hours | OnDeck
WEBDec 16, 2015 · Open or Shut? How Small Businesses Owners Pick Business Hours. A sign with opening hours is one of the fixtures of a small business storefront. But “open” and “closed” are not quite as black and white as they appear at first, and there are a lot of decisions when it comes to the right times to operate as a small business. When should ...
Top Sources of Capital for Small Businesses - OnDeck
WEBJul 22, 2021 · According to pre-pandemic data published by Federal Reserve Banks, 85% of small business applicants who sought funding in the past year applied for a loan or line of credit. 1 However, there are many more sources of capital available to help run your business and realize its potential. Business funding generally falls into one of two …
Financial Terms: 77 Essential Words for Business Owners - OnDeck
WEBJan 31, 2024 · 77 Financial Terms for Business Owners. Asset Allocation: The strategic distribution of a business’s investments across various asset types (like stocks and bonds) to balance risk and achieve specific financial goals. Annual Operating Plan (AOP): An annual operating plan is a detailed outline of a company’s goals, strategies and projected ...
What’s an MVP and Why Is It Important for My Business Idea?
WEBFeb 24, 2016 · In fact, an MVP is more than a blueprint or prototype. It’s the truest version of your service, product, or idea–only created with the least possible effort. The MVP should act like a microcosm of the (expected) final version. For example, if you’d like to open a restaurant that specializes in lasagna made from nonna’s recipe, you might ...
What is Receivables Financing? - OnDeck
WEBApr 10, 2014 · In a receivables financing agreement, a business borrows against the amount of its outstanding invoices for cash. For example, a company may receive an advance for 65-80% of invoices from bankers specializing in this type of financing. Once the invoice is paid off, bankers will pay out the existing balance after collecting a fee – which …
Microloans for Small Businesses - OnDeck
WEBMicroloans are available from a number of sources. This includes banks, peer-to-peer lenders, online lenders and the Small Business Administration’s microloan program. OnDeck regularly works with borrowers with funding needs below $50,000. Both of our options for small business financing — term loans and lines of credit — can be used for ...
ODX Platform to Begin Digitizing Small Business Lending - OnDeck
WEBInvestors Bank will deploy ODX’s digital loan origination platform in a phased approach to enhance its small business lending program in select areas of its banking network. Investors, a full-service bank with approximately $27 billion in assets and a network of 147 branches in New York and New Jersey, will leverage ODX’s digital loan ...
12 Free Online Small Business Resources You Shouldn’t Ignore
WEBAug 30, 2017 · Here’s a roundup of 12 free online SMB management tools and resources to help you funnel funds where they’re needed most. Customer Service. Make it easy for customers to call you on the fly with the Click to Call tool in Google Maps. As Google’s popular “Near Me” search continues to gain traction, it’s crucial for businesses to tie ...
How to Get a Veteran-Owned Business Certification - OnDeck
WEBNov 7, 2019 · To compete for national government agency contracts, you will need to get either veteran-owned small business (VOSB) certified, or SDVOSB certified via the Vets First Verification Program. The verification process includes submitting business ownership-related paperwork, your honorable discharge papers, and a federal review.
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