On Deck Capital, Inc. (NYSE:ONDK) Files An 8-K Regulation FD Disclosure

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On Deck Capital, Inc. (NYSE:ONDK) Files An 8-K Regulation FD Disclosure
Item 7.01

Regulation FD Disclosure.

On April 10, 2018, On Deck Capital, Inc. (the “Company”) issued a press release announcing that it has priced $225 million initial principal amount of Series 2018-1 Fixed Rate Asset-Backed Notes in a private securitization transaction.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information set forth under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Item 7.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press release, dated April 10, 2018


On Deck Capital, Inc. Exhibit
EX-99.1 2 pressreleaseannouncingpric.htm EXHIBIT 99.1 Exhibit Exhibit 99.1OnDeck Announces Pricing of $225 Million Securitization NEW YORK,…
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About On Deck Capital, Inc. (NYSE:ONDK)

On Deck Capital, Inc. offers an online platform for small business lending. The Company’s platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds. It offers a financing solution for small businesses, including short-term loans of over 10 months and long-term loans of over 40 months, and lines of credit. The Company’s integrated platform includes the Company’s Website, which allows small businesses to apply for a loan, round the clock; data and analytics engine, which analyzes data attributes from disparate sources to assess the real-time creditworthiness of a small business; the technology, which offers funding of loans, and daily and weekly collections, and ongoing servicing system.