Category: Uncategorized
Small businesses are divided over the proposed minimum wage increase
President Obama announced earlier this month that he is aiming to increase the national minimum wage for federal workers from $7.25 to $10.10 by 2016, and small businesses are largely divided on the issue. Many small businesses employing doctors, electricians, plumbers and other high skilled workers are already paying above the minimum wage. However, businesses…
OnDeck Main Street Tour: Day 4, Minneapolis
With a whirlwind week with visits in Tampa, Washington DC and Chicago, Noah headed off to Minneapolis for the last – and coldest – leg of the tour. To start the day, Noah appeared on KMSP TV’s Morning Buzz with Tom Butler to discuss the top 5 tips for small business financing, alongside our customers…
OnDeck Main Street Tour: Day 3, Chicago
With incredible stops on Monday in Tampa and on Tuesday in Washington, DC, CEO Noah Breslow headed to Chicago along with Kimberly Solarz, Marketing Communications Manager, to continue his mission of visiting as many small businesses as possible in 1 week. To start the day, Noah and Kimberly went to chat with a true Chicago…
OnDeck Main Street Tour: Day 2, Washington DC
With a successful day in Tampa under their belt, CEO Noah Breslow and SVP of Marketing Andrea Gellert headed north to the Washington, DC metro area to continue their mission of visiting as many small businesses as possible in one week. The first stop was to Denise Medved of Metro Cooking in Annandale, VA. A…
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…
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…
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…