Side-by-side comparison of funding range, qualification requirements, speed, and documentation. All competitor facts cited from OnDeck's publicly stated requirements as of May 2026.
| Criteria | California Business Loans | OnDeck |
|---|---|---|
| Funding range / Maximum | Up to $5,000,000 | $250,000 term loan / $100,000 line of credit |
| Minimum monthly revenue | $10,000/mo | $100,000/year (~$8,300/mo) |
| Minimum credit score | FICO 500+ | FICO 625+ |
| Minimum time in business | 6 months | 1 year |
| Speed to funding | 24 hours | As fast as same-day, typically 1-3 business days |
| Documentation required | 3 months bank statements | Bank statements + business details |
| Collateral required | Not required | General business lien (UCC blanket) |
| Products offered | Working Capital, LOC, Equipment, Term Loans, Revenue-Based, SBA | Term loans, business lines of credit |
OnDeck is a US business lender owned by Enova International, offering term loans and lines of credit primarily through online application.
Source: https://www.ondeck.com
5-minute application. Soft credit pull (no impact). Decision in hours, funded in 4.
Apply Now →Comparison facts about OnDeck are sourced from https://www.ondeck.com and other publicly available materials as of May 2026. Information may have changed since publication. OnDeck is a registered trademark of its respective owner; this page is an independent comparison and is not affiliated with or endorsed by OnDeck. Loan terms, rates, and approval criteria for California Business Loans vary by application and underwriting; see /apply/ for live qualification.
Business funding specialists across the United States