(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.
A similar study of the Earned Income Tax
Credit (EITC) found that for every $ 1000 increase in family annual income
over two to five years, student academic
performance, including test
scores, improves.