On Deck Capital, Inc. (NYSE:ONDK) Files An 8-K Results of Operations and Financial Condition
Item 2.02
On Deck Capital, Inc. (NYSE:ONDK) Files An 8-K Results of Operations and Financial Condition
On February 11, 2020, On Deck Capital, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2019. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.
The information set forth under this Item 2.02, 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 (the “Securities Act”), regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.
On February 11, 2020, the Company made available an investor presentation that includes, among other things, information relating to its business, financial performance, strategic priorities, growth initiatives and full year and first quarter 2020 guidance. The investor presentation is available on the Company’s website, www.ondeck.com, under the Investor Relations section entitled “Press, Events & Presentations” at https://investors.ondeck.com/press-and-events/events-and-presentations/default.aspx. The investor presentation is also furnished as Exhibit 99.2 to this report.
The information furnished in this Item 7.01 and in Item 9.01, including Exhibit 99.2 to this report, contains “forward-looking statements” within the meaning of the safe harbor provisions of the federal securities laws that should be read in conjunction with the “Safe Harbor Statement” in the investor presentation, the risk factors included in the Company’s periodic reports filed with the Securities and Exchange Commission and the other public filings and announcements that the Company may make, by press release or otherwise, from time to time.
The information in this Item 7.01 and in Item 9.01, including Exhibit 99.2 to this report, shall not be deemed “filed” for purposes of the Exchange Act, or incorporated by reference in any filing under the Securities Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.
(d) Exhibits.
On Deck Capital, Inc. Exhibit
EX-99.1 2 ondkearningsrelease2019q4.htm EXHIBIT 99.1 Exhibit OnDeck Reports Fourth Quarter and Full Year 2019 Financial Results Fourth Quarter Highlights•Net income* of $9.3 million,…
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EX-99.1 2 ondkearningsrelease2019q4.htm EXHIBIT 99.1 Exhibit OnDeck Reports Fourth Quarter and Full Year 2019 Financial Results Fourth Quarter Highlights•Net income* of $9.3 million,…
To view the full exhibit click
hereAbout 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.
