On deck capital

[caliman10]

Has anyone ever recieved a loan through them?

They are 27% for a 1 year loan, but they seem to be easy to get.

 

I want to know if they reported balances to personal credit

 

thanks,

[milesb]

never heard of them

[MainSt.]

Ondeck Capital provides alternative business loans for business owners who dont qualify for traditional financing. They are a great alternative for those who do not want the high interest rates that merchant cash advances provide. It is an actual loan. Yes the interest rates are slightly higher but much less than that of a merchant cash advance which can reach around triple digit interest rates annually. Also On Deck Capital's interest rate fall below the FDIC ceiling which determines which interest rates are too high to trigger predatory lending. My company is a partner with them.