NYSE: ONDK       On Deck Capital Inc
Last Price Today's Change   Day's Range   Trading Volume
4.10   -0.04 (0.97%)  4.10 - 4.21  47,592


Avg Volume (4 weeks):315,105
4 Weeks Range:3.97 - 4.25
4 Weeks Price Volatility (%):
52 Weeks Range:2.88 - 7.89
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

On Deck Capital Inc is an online platform for small business lending. Small businesses apply for term loans or lines of credit on the company’s website, and the company’s proprietary software makes a funding decision within minutes. The company originates the loans and can transfer the funds the same day. On Deck generates revenue through interest income and fees earned on the loans it retains. Term loans range from $5,000 to $500,000 and are for terms of up to 36 months. The company has provided loans in more than 700 industries across all 50 of the United States as well as Australia. States where it has originated the most loans include California, Florida, Texas, New York, and New Jersey.

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