On Deck, Line of Credit?
Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1
    Senior Member Reputation points: 3217 CO1's Avatar
    Join Date
    Apr 2013
    Location
    New York
    Posts
    644

    On Deck, Line of Credit?

    Any one know any details about this? "We're getting ready to launch a line of credit for small business owners."

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,188

    Just received an email that Rapid will be rolling out the same thing shortly.

    Question...didn't SALES GUARD try this like a year ago? How did that turn out?

  3. #3
    Member Reputation points: 33
    Join Date
    Jul 2013
    Location
    Manhattan, NY
    Posts
    30

    Quote Originally Posted by Chambo View Post
    Just received an email that Rapid will be rolling out the same thing shortly.

    Question...didn't SALES GUARD try this like a year ago? How did that turn out?
    Did/does Sales Guard have the type of capital and access to other resources that On deck has?

  4. #4
    Senior Member Reputation points: 148 Capital Stack's Avatar
    Join Date
    Jul 2012
    Location
    Wall ST.
    Posts
    268

    Quote Originally Posted by Chambo View Post
    Just received an email that Rapid will be rolling out the same thing shortly.

    Question...didn't SALES GUARD try this like a year ago? How did that turn out?
    good point. how did it?

  5. #5
    Senior Member Reputation points: 99426
    Join Date
    Sep 2012
    Location
    New York, NY
    Posts
    1,780

    ARF and GBR Funding do credit lines as well. It's a good selling tool but none of my merchants have gone that route.

  6. #6
    Senior Member Reputation points: 903 Scott Williams's Avatar
    Join Date
    Oct 2012
    Location
    Tampa, FL
    Posts
    220

    Most "credit lines" in the past have just been doing renewals as add on's.



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Fed penalizes Evolve Bank
Cloudsquare unveils Cloudsquare Lend
Pipe secures $100M credit facility


DIRECTORY