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OnDeck TV commercial - Grow Small Business
OnDeck

OnDeck is a leading online lender that offers small business loans to businesses in need of financing. The company was founded in 2006, with the main goal of providing small businesses with easy acces...

What the OnDeck TV commercial - Grow Small Business is about.

OnDeck TV commercial - Grow Small Business

Title: OnDeck TV Spot: 'Grow Small Business'

Introduction:In the competitive world of small business, every opportunity to thrive and grow is valuable. OnDeck, a renowned financial technology company specializing in lending solutions, recognizes the potential that lies within small businesses. Their TV spot titled 'Grow Small Business' encapsulates the essence of OnDeck's mission in supporting entrepreneurs by providing them with access to much-needed financing. This engaging and inspiring TV spot showcases OnDeck's commitment to fueling the success of small businesses through innovative financial solutions.

Description:The OnDeck TV spot 'Grow Small Business' opens with a captivating scene of a bustling cityscape, accompanied by an upbeat soundtrack that energizes the viewers. As the camera zooms in, we witness a montage of various small businesses, each unique in its own way, highlighting the vibrant tapestry of entrepreneurial spirit. The camera captures the stories of dedicated individuals from diverse industries, showcasing their unwavering determination to succeed.

The narration begins, describing the challenges faced by small business owners and their dreams of expansion. The spot effectively portrays the struggles and obstacles encountered by entrepreneurs, emphasizing the importance of finding a financial partner that truly understands their needs.

The tone shifts, and a compelling voiceover introduces OnDeck as the solution for small business growth. The TV spot showcases OnDeck's easy and accessible online process, which simplifies the loan application while providing entrepreneurs with speedy access to the funds they require. The visuals demonstrate OnDeck's user-friendly platform, where entrepreneurs can effortlessly navigate through the application process and gain access to personalized lending solutions tailored to their business requirements.

Throughout the TV spot, testimonials from real OnDeck clients are shared, further emphasizing the company's commitment to supporting small businesses. Entrepreneurs from a wide range of industries describe how OnDeck empowered them to overcome financial hurdles and seize opportunities for growth. Their testimonials convey a sense of gratitude and relief, as OnDeck enabled them to expand their operations, hire additional staff, invest in new equipment, and ultimately unlock the potential of their business.

The spot concludes with a powerful message: "OnDeck: Your Partner in Small Business Growth." The OnDeck logo appears, leaving a lasting impression on viewers, as they witness the transformative impact of the company on the success stories of small businesses.

Conclusion:The OnDeck TV spot 'Grow Small Business' masterfully captures the essence of the company's mission and the impact it has on fueling the growth of small businesses. Through engaging visuals, compelling testimonials, and an empowering narrative, the TV spot effectively communicates

OnDeck TV commercial - Grow Small Business produced for OnDeck was first shown on television on April 20, 2015.

Frequently Asked Questions about ondeck tv spot, 'grow small business'

We offer both business term loans and business lines of credit. When you apply with us, you'll use one application and we'll evaluate which product best fits your business's cash flow and funding needs.

While OnDeck is now part of Enova, your loan with us will not change and your relationship with us will remain intact. OnDeck will continue to offer the same products, services, and customer service you have come to know and expect from us.

Peer-to-peer lending might be an option for you, but always make sure to fully evaluate what works best for your business. OnDeck is a Google Ventures-backed company with an A+ rating with the Better Business Bureau. The company offers small business loans nationwide to over 725 different industries.

We're a top-rated online small business lender. OnDeck is part of the publicly traded company Enova International, Inc. (NYSE:ENVA).

Our Take. The bottom line: OnDeck loans are a good option for fast, short-term financing - especially for business owners who can't qualify for a bank loan.

The SBA offers resource centers that can provide business owners with general business assistance, SBA loan information and additional support for underserved communities. These resource centers can also assist with preparing the necessary paperwork when applying for your business loan.

The OnDeck team will assess your personal and business credit scores, annual revenue and cash flow, and time in business to determine the interest rate. The interest rate for short-term loans starts at 29.9%. However, the average interest rate for OnDeck term loans is 62.1% APR.

This means a solid portfolio of P2P loans can generate a steady stream of passive income. Higher Yields – Without question, the single most attractive aspect of P2P lending for investors is the potential for higher yields. A carefully curated portfolio of loans can potentially earn 10% annually or better.

P2P lenders can earn recurring interest on their loans. Borrowers' interest payments generate money during the loan period. This income can be a source of passive cash flow, especially if investors have a diversified portfolio of loans.

It is possible to get a startup business loan with no revenue or no money. But if you need to find financing that doesn't depend on cash flow, your best choice may actually be to wait - if you can afford to. You'll likely qualify for better rates and terms once your business's finances are stronger.

Minimum credit score by business loan type

Term loanWhile banks and credit unions typically require a score of 670 or above, online lenders may only require a score of 580
SBA loanLenders offering SBA loans require credit scores between 620 and 680

More often than not, most business loans will impact your credit if you personally guarantee a business account. This usually happens, especially when starting a small or new business. It's also common with sole owners and partners.

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Agenices

Agenices of the OnDeck TV Spot, 'Grow Small Business'

OnDeck TV commercial - Grow Small Business
Urban Legend Productions

Urban Legend Productions is a leading production company that is known for its groundbreaking work in the entertainment industry. The company was founded in 2007 by a team of creative professionals wh...

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