On Deck Capital Garners $97,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d559ebe6-3cbc-44fc-8c95-568815fe2f7c&Preview=1 -
Date
8/23/2012 -
Company Name
On Deck Capital -
Mailing Address
13807 Ventura Blvd. Sherman Oaks, CA 91423 -
Company Description
On Deck Capital was founded in 2006 to help businesses get small business loan financing when traditional bank loans are not an option. Our vision is to help small businesses get access to business loan financing, which should improve their payment behaviors and credit scores so they may someday qualify for a traditional loan. -
Website
http://www.ondeckcapital.com -
Transaction Type
Debt -
Transaction Amount
$97,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
This capital gives On Deck increased lending capacity to further advance its industry-leading working capital solution and empower Main Street businesses to grow their operations. -
M&A Terms
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Venture Investor
Goldman Sachs -
Venture Investor
SF Capital Group -
Venture Investor
Lighthouse Capital Partners
