At On Deck, we are focused on using technology to increase access to capital for small businesses. To date, we’ve delivered over $200 million by taking a completely different approach to evaluating small businesses. While excited by our results to date, there are still millions of businesses who are being judged using a fundamentally flawed system. The problem is not one of credit and capital; but rather one of time and cost for lenders.
In this article on cnbc.com, Our President, Brad Kime, details the fundamental problems facing both lenders and borrowers, and how technology can be used to solve them. Click here for the full article.