Signed: Mr. Frustrated with On Deck
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  1. #1
    Senior Member Reputation points: 1393
    Join Date
    Apr 2013
    Posts
    359

    I haven't worked with On Deck in over a year and am all the better for it. They outright lied to me on a number of occasions and cost themselves because of their greed. Understand that who ever you deal with has at the top of their list to get you as low a commission as possible. There are enough lenders out there willing to work with you and have your business. I'd advocate staying away from the larger ones as much as you can. Their so at-war with each other that they'll screw you however they can. And for $50.00 to maybe nothing, you can always file a small claim to get the rest of your money. I've had to do this and they don't want to touch the courts.

  2. #2
    Chambo -
    Yes, that is correct.
    Who are some of these companies that pay you like a new deal? I have dealt with some you have mentioned, but none of those I saw paid like new.

    And as for volume, we're focusing more on the Working Capital loans this year and going forward. I'm anticipating at least 10-15 deals a month submitted by the 1st of the year.



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