OnDeck Faces Challenges On Financial, Leadership Fronts

New York-based FinTech OnDeck Capital has been dealing with its share of challenges in 2020. Founded in 2006, the company offers three products for small businesses: short-term loans of up to $500,000, lines of credit of up to $100,000 and low-interest loans under the U.S. Paycheck Protection Program (PPP) through the Small Business Administration (SBA)...