Description: OnDeck, a small business lender that has loaned Main Street companies more than $1.7 billion since 2007, sometimes at annual percentage rates exceeding 100 percent, has filed for an initial public offering.

Source: Businessweek.com

Date: Nov 11, 2014

Link: http://www.businessweek.com/articles/2014-11-11/ondeck-ipo-alternative-loans-arent-getting-any-cheaper#r=nav-fst

Questions for Discussions:

• Is OnDeck gouging borrowers, in your opinion?
• Evaluate the level of risk associated with borrowers that OnDeck is likely dealing with.
• What risk is there for investors in OnDeck?