Best Lender for Medium Term Business Loans
OnDeck is an online lending company for small businesses. They specialize in medium term loans, which vary between 3 – 36 months. They provide decent rates and have a solid support team that is available by phone, email and live chat. The application process is incredibly simple and can be completed entirely online. Best of all, OnDeck provides you with an answer to your application the same day and you can receive the funds in your account within 24 hours. They allow you to borrow between $5,000 to $500,000 and you can also get a line of credit of up to $100,000. OnDeck is one of the best lenders when it comes to finding easy money loans for your business.
OnDeck provides small business lending for businesses with a FICO score as low as 500, which is extremely rare. Being able to borrow up to 15% is also a huge benefit. They provide loans for a duration of 3 to 36 months, which is perfect for businesses seeking short and medium term loans. Their support team is great and by your side whenever you need them. Plus, the application process is super easy to complete online. If you’re looking for fast business loans that can adapt to any business’ needs, OnDeck is a great option to consider.
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