Author: Adam Aberback
OnDeck Main Street Tour: Day 1, Tampa, Florida
This week, OnDeck CEO Noah Breslow set out on a mission: to visit as many customers as possible in one week. Though no easy feat, Noah is traveling across the country – from Tampa, to Washington DC, to Chicago, to Minneapolis, to get unfiltered feedback about what it’s really like to be a small business…
Ron’s Small Business Lesson: Pay it Forward
At OnDeck, we understand the dedication and hard work required of our customers to do what they do every day: run their business. Never has this been more evident to us than when we hit the road and headed down to Asbury Park, New Jersey after receiving an invitation from our customers Ron Wendolowski and…
Leef’s Small Business Lesson: Know Your Community, Know Your Customer and Know What Sets You Apart
At OnDeck, we value the uniqueness of each and every one of our customers. No two small businesses or business owners are quite alike – and we strengthened our appreciation of this when our CEO Noah Breslow visited San Francisco, CA-based Leef Smith, owner of Mission: Comics & Art. Starting Out: Leef began his career…
5 Questions With Tim Schuermer, Platform Partnerships
1. Explain what you do in your role with On Deck. TS: I help organizations find innovative, more efficient solutions for connecting their small business customers to capital. Our Platform Partnerships include accounting firms, payroll processing firms, merchant processing firms, big box retailers, and even banks. 2. Why did you decide to join On Deck?…
OnDeck Ranked #20 in SellingPower Magazine’s 50 Best Companies to Sell For List
This week, OnDeck was ranked #20 in SellingPower Magazine’s 2013 50 Best Companies To Sell For List. The list represents the best sales forces in the United States focused on customer growth and retention; hiring, compensation, sales training, and enablement; and company recognition and reputation, and includes such powerhouse names as Google, Microsoft and FedEx.…
5 Questions with…Jeff Wong, Senior Manager of Business Analysis
1. Explain what you do in your role with OnDeck. JW: Like most OnDeck veterans, I’ve worn many hats since my start date. I’ve worked on everything from office administration to assisting senior management raise debt and equity for the company. Right now, I’m focused on developing enhanced KPIs (key performance indicators) for the various…
OnDeck Named to Inc. 500|5000 List for Second Time
This week, OnDeck was named to the Inc. 500|5000 list – for the second year in a row! The list represents the most entrepreneurial and fastest growing companies in America, and includes such powerhouse names as Intuit, Zappos, Microsoft and Pandora Ranked at #660 overall – #41 among top financial service companies and #55 among…
The OnDeck Team at El Camion
“I really liked the online process – it was very quick and easy. With my upgrades, El Camion is on track to have its best fall season yet.” It was inspiring to hear these words from recent customer David Duran from El Camion Cantina when we visited last week, continuing our tradition of supporting local…
Introducing the OnDeck Main Street Pulse Report
Today, OnDeck released findings of its 2013 Main Street Pulse Report, a small business trends study. We gathered data from over 500 survey responses and approximately 10,000 small business loan applicants across 700 industries nationwide to gain a comprehensive understanding of Main Street sentiment. While the majority of respondents are optimistic – 73% are hopeful…
4 Business Credit Blunders to Avoid
The credit score that your small business maintains is possibly the single most important factor determining your access to small business loans and other forms of financing support. So you don’t want to make any missteps that could set that score back! A few potential blunders are listed below – do anything possible to ensure…
The On Deck Team at Waterfront Wines
At On Deck, we’ve been making a concerted effort to spend more time with our local customers such as Dirty Bird To-Go and La Pasta Bistro Grill. We’re always interested to learn more about the business owner’s journey, especially how they’ve been able to grow. That’s why we were thrilled when one of our customers…
The On Deck Team at La Pasta Bistro Grill
Continuing in the tradition of Dirty Bird To-Go, the On Deck Team took a trip to one of our local customers La Pasta Bistro Grill in the West Village last week. After dining on the authentic Italian food, we sat down with owner Nazmul Chowdhury to learn more about his experience as a restaurant owner.…
What You Should Know About Google Ventures’ Investment in On Deck
After we closed our Series D back in February, we had some additional interest from other equity investors. With On Deck growing at a rapid rate of 100% in the past year, several investors stood apart as being really valuable partners to work with as we scale. We’re excited and humbled to officially announce a…
New York City: Let’s Grow Together
Continuing in the tradition of Colorado: Let’s Grow Together – a contest that celebrated our new Denver regional office by awarding $10,000 to a local business, r+d Wine Shop – we’re excited to introduce our next installment, New York City: Let’s Grow Together. Launched on the heels of our Bloomberg visit, we asked New York…
5 Questions With….Nikhil Phadnis & Alissa Deak, Data Scientists
1. Explain what you do in your role with On Deck. NP: I develop and implement various lending policies and credit models that help On Deck provide small businesses with access to capital in an efficient and intelligent manner. AD: I develop innovative ways to improve our credit policy so we can extend loan offers…