OnDeck Announces $100 Million Revolving Credit Facility Closing
Online lending platform for small business OnDeck announced last week the closing of a $100 million asset-backed revolving credit facility with Pioneers Gate LLC, a lending vehicle of a life insurance company managed by 20 Gates Management. According to OnDeck, the new facility provides the longest revolving funding… Read More
Read more in: Investment Platforms and Marketplaces | Tagged asset-backed, credit, facility, ken brause, ondeck, online lending, ron elimelekh
