Author: Adam Aberback
On Deck Continues Momentum With Series-C Follow-On Funding
On Deck announced today it has received an additional $4 million in follow-on funding from SF Capital Group, an experienced private investment firm based in New York. This brings Series-C funding to $19 million in total, including the $15 million round from January, 2011. To read about the announcement in more detail, click here.
Where The Rubber Meets the Road: On Deck Talks Small Business on The Big Biz Show
On Deck Founder Mitch Jacobs spoke with radio show hosts Bob “Sully” Sullivan and Russ T. Nailz on the nationally syndicated Big Biz Show. Known for featuring movers and shakers within the Internet world, Sullivan characterized small businesses as “where the rubber meets the road” in terms of strengthening the US economy – and On…
On Deck Welcomes Paul Rosen & James Hobson As Two New Senior Vice Presidents
Today, On Deck announced the appointments of Paul Rosen as Senior Vice President of Sales and James Hobson as Senior Vice President of Strategic Partnerships and Platform Solutions. The two industry veterans are joining the team at a pivotal time in our company’s trajectory as we continue to pass major milestones: our technology platform has…
On Deck featured in The Secured Lender
On Deck was featured in this month’s edition of The Secured Lender. On Deck Founder Mitch Jacobs speaks extensively about On Deck’s growth trajectory, the power of the platform technology and how the On Deck score is changing the small business financing landscape. You can read the article here.
On Deck @ The Clinton Global Initiative
On Deck CEO Mitch Jacobs is in Chicago today for President Clinton’s Global Initiative, a forum dedicated to devising and implementing innovative solutions to the most pressing issues the nation faces. On Deck is attending to discuss job creation, and how our technology is acting as a true catalyst to help small businesses grow. Among…
President Clinton Speaking About Small Business Lending
Wednesday, June 29, 2011 by On Deck President Clinton speaking at the Clinton Global Initiative 5 minutes ago: “For at least 40 years its been hard for small businesses to get a loan from a bank. To be fair to the banks it’s because the transaction costs of small loans don’t create much return.” Since…
To Create Jobs, Focus on Existing Businesses
Wednesday, June 22, 2011 by On Deck Wall Street Journal contributing journalist Scott Shane penned an article last week that rang true to On Deck’s mission. Entitled “To Create More Jobs, Go Where the Jobs Are,” Shane spoke to the importance of helping established, smaller companies grow through increasing this segment’s access to capital. According…
Customer Success Stories: Private Chauffer Club
On Deck recently visited one of our favorite customers, Julien Tumma of Private Chauffer Club, to discuss his On Deck experience. Click here to watch Julien talk about growing his business from himself and one car to 8 employees and 10 cars.
On Deck @ the Underbanked Financial Service Forum
On Deck attended The 6th Annual Underbanked Financial Service Forum in New Orleans last week. CEO Mitch Jacobs was a featured speaker on the “Consumer Finance to Microfinance: Helping the Underbanked Small Business” panel, alongside Gina Harman, President & CEO, Accion Network and Luz L. Urrutia, President, El Banco De Nuestra Comunidad, A Division Of…
On Deck Featured on Biz Talk with Josh Smith
Last week, On Deck CEO Mitch Jacobs spoke with radio host Josh Smith for his Biz Talk Show on CBS Radio in Washington, DC. The show focuses on success stories among entrepreuners, small, minority-owned and women-owned businesses. Mitch spoke at length about his experience on Main Street, the On Deck story and our loans. Josh…
On Deck In The News
Last week, Spencer E. Ante of The Wall Street Journal profiled up-and-coming Internet start-ups here in New York City. On Deck was among those mentioned in the finance category, alongside fellow finance companies SecondMarket and Kickstarter. We are honored and excited to be named among the talented “…mix of brick-and-mortar veterans and young programmers” described…
On Deck @ The Microfinance USA Conference
Earlier this week, the On Deck Team attended the Microfinance USA Conference here in New York City. Bringing together a wide array of organizations, ranging from technology companies to non-profit organizations, all of the participants were united in their common goal of increasing the flow of capital to microenterprises. There were plenty of innovative ideas…
Small Business Week: On Deck Celebrates its Customers
To commemorate this year’s National Small Business Week, On Deck would like to recognize a very important part of our team: the small businesses who’ve worked with On Deck to access the capital they need to grow. Here are just a few of the thousands of businesse we’ve helped: • Wilson Heating & Air Conditioning…
Celebrating Small Business Week with the SBA
Started in 1963 by President John F. Kennedy, Small Business Week was originated to recognize small businesses’ contribution to America’s economic well being. Almost fifty years later, the program is still going strong, and has also made great strides in extending its digital reach. This year, The Small Business Administration has a number of ways…
Entrepreneurship & Military Service
Today’s Wall Street Journal covers a recent study from the Small Business Administration’s Office of Advocacy suggesting a “strong correlation between military service and self-employment.” The data shows men and women who served in the armed forces at least 45% more likely to start their own businesses and be self-employed than those with no active-duty…