Fill 70 4203B747-A5A2-4275-9F96-38E6851BE1BD Created with sketchtool. check check image/svg+xml CD0C9D5F-2558-443A-AD03-5A2F8700B292 Created with sketchtool. configuration image/svg+xml FE9604CC-D439-4D7C-AEB5-A81CBFFB16FE Created with sketchtool. Facebook Fill 44 Google+ 5A344CE4-3E88-4357-B768-280D04897943 Created with sketchtool. LinkedIn newdownload OnDeck Fill 199 percentage % BF59B24C-7DA4-41B0-87D4-01ED3734209F Created with sketchtool. 0DF0E730-80C5-4D3F-BD60-C7145885A66F Created with sketchtool. share with email share on facebook share on linkedin share on twitter Twitter Bi-directional arrow user Fill 83 Group 62693C83-537A-4833-ACB4-3A51525E6280

SME lenders promise cash in a flash as competition fires up

by OnDeck Australia,   Jun 09, 2021

Australian Financial Review

10 June 2021


“The Australian subsidiary of United States SME lender OnDeck on Wednesday revealed a new product called Lightning Loans which use an algorithm to approve borrowers in 90 minutes and deposit up to $100,000 in their account in less than two hours.”


“OnDeck CEO Cameron Poolman says for many borrowers who have had bad experiences with banks taking weeks before ultimately declining the customer, it’s just as much about knowing you can get a loan quickly than accessing the funds right away.”


Click here to read the full article.

Get Started