NEW YORK, February 22, 2022 /PRNewswire/ — OnDeck, part of Enova International, has been selected as the Best Small Business Loan of 2022 by Forbes Advisor, a trusted destination for money and business news, reviews and a product marketplace . The small business lender received 4.5 stars in the Short Term Loans category. Forbes Advisor selected OnDeck out of 15 lenders based on 16 data points: loan cost, loan details, customer experience, eligibility and accessibility, and application process.
OnDeck was recognized as the best short-term lender for its variety of business loan products and same-day financing. Small businesses can apply in ten minutes from the comfort of their home or office with a team of loan advisors to help them determine the best fit.
OnDeck, the largest online small business lender in the United States, has nearly 15 years of experience providing small businesses with more than $14 billion in online financing that meets the individual needs of each business. Forbes Advisor provides consumers with financial advice and objective coverage on financial topics.
“OnDeck is proud to be recognized as the Best Small Business Loan by Forbes Advisor,” said Jim Granat, senior vice president at Enova and co-head of OnDeck. “Our quick and easy application process helps clients succeed on their own terms. Small businesses trust Forbes Advisor’s expertise and look to them for honest and transparent advice. We believe that providing our clients with a Personal support through every step of the application and funding process is a necessity and what differentiates OnDeck from other lenders.”
OnDeck®, a brand of Enova International, is the recognized leader in transparent and responsible online lending to small businesses. Founded in 2006, the company pioneered the use of data analytics and digital technology to make real-time lending decisions and quickly provide capital to small businesses online. Today, OnDeck offers a wide range of term loans and lines of credit tailored to the needs of small business owners. OnDeck has provided over $14 billion in loans to clients in 700 different sectors. The company has an A+ rating with the Better Business Bureau and is rated 4.8 stars by Trustpilot. For more information, visit www.ondeck.com.
About the Forbes Advisor
Forbes Advisor is a trusted destination for unbiased financial and business advice, news and reviews, dedicated to helping consumers make informed decisions and easily choose the right products. For more information on Forbes Advisor, visit www.forbesadvisor.com.