OnDeck Capital, Inc.
OnDeck Review 2026
Fast term loans and credit lines — one of the few lenders here that publishes its real average APR.
Quick answer
OnDeck funds term loans ($5K–$400K, 6–24 months) and lines of credit ($6K–$200K) as fast as the same business day, requiring 625+ FICO, 1+ year in business, and $100K+ annual revenue. OnDeck's own disclosed average APR is roughly 53%–60% — high, but it's one of the only lenders in this roundup transparent enough to publish an actual average rather than a vague 'competitive rates' claim.
Who OnDeck is best for
Established businesses (1+ year, $100K+ revenue) that want speed and can tolerate a high-APR average.
At a glance
- Loan amount
- $5K–$400K (term loan) / $6K–$200K (line of credit)
- Rates (average APR, not a promised rate)
- ~53.2% avg. (term loan) / ~59.8% avg. (line of credit)
- Term
- 6–24 months (term loan) / 12, 18, or 24 months (line of credit)
- Min credit
- 625 personal FICO
- Time in business
- 1 year
- Funding speed
- As fast as same business day, or as fast as 24 hours
ondeck.com/small-business-loans, verified August 19, 2026
OnDeck's own published average across approved borrowers — OnDeck states eligibility for its lowest rates 'is very limited.' ondeck.com/small-business-loans, verified August 19, 2026
ondeck.com/small-business-loans, verified August 19, 2026
ondeck.com/small-business-loans
ondeck.com/small-business-loans
Checkout completed before 10:30am ET typically funds by 5pm local time same day. ondeck.com/small-business-loans
Pros
- +Publishes a real average APR — most lenders in this set don't disclose one at all
- +Same-day or next-day funding for approved applications
- +Both a term loan and a revolving line of credit available from one lender
- +Established direct lender with a long funding track record
Cons
- −Published average APR (53%+) is genuinely expensive — this is a speed play, not a low-cost one
- −$100,000 minimum annual revenue excludes newer or smaller businesses
- −1 year time-in-business requirement rules out true startups
OnDeck requirements
- 625+ personal FICO
- 1+ year in business
- $100,000+ annual revenue
OnDeck alternatives
Top alternatives worth comparing from Best Small Business Loans 2026.
Bluevine
Bluevine
Businesses that want a revolving credit line from a well-capitalized fintech and value fast (even instant) access to funds.
Fundbox, Inc.
Fundbox
Newer or thin-file businesses that can show 3+ months of business-checking history and want the lowest revenue bar on this list.
Lendio, Inc. (marketplace, NMLS ID 1998423)
Lendio
Business owners who want to compare offers across many lenders and products with a single application instead of applying individually.
Ready to apply?
Application takes minutes. Pre-qualification (where available) uses a soft credit pull with no impact to your credit score.
Apply at OnDeck Capital, Inc.→Last verified at the issuer on 2026-08-20
The full lineup
See all picks in Best Small Business Loans 2026
Editorial methodology + complete ranking criteria + side-by-side comparison of all picks.
Read the full guide →Bottom line
OnDeck scores 3.9 / 5 on the ClearValue Rating — a deterministic editorial composite from the product's own published fees, terms, and eligibility. Best for: Established businesses (1+ year, $100K+ revenue) that want speed and can tolerate a high-APR average.
◆ How we scored it
The ClearValue Rating, broken down.
- Cost
- 35%
- Fit & approval odds
- 30%
- Speed & terms
- 20%
- Transparency
- 15%
Cost (35%), Fit & approval odds (30%), Speed & terms (20%), Transparency (15%) — scored consistently across every product, independent of compensation. Full methodology →
Related guides
Independent editorial review. ClearValue Lending is a business & personal financing platform — not a lender, broker, or financial advisor. Some links are affiliate links; the issuer may pay a referral commission at no cost to you, which never changes the score. Specific product terms vary; verify with the issuer before applying. See privacy policy.