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.
Date: Nov 11, 2014
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?