(New York, NY) March 24, 2010 — On Deck Capital (www.ondeck.com), a leading
provider of small
business financing solutions, announced today announced today that over $ 50 million of
loans have now been made to more than 2,000 Main Street small
businesses using its proprietary performance lending system which evaluates
businesses based on electronic performance data rather than relying solely on the
business owner's personal credit score.
Street Talk can reveal Melbourne -
based Baillieu Holst has been hired to find a buyer for the
business and has been marketing the short term
loans provider to financial services industry players and private equity firms in recent weeks.