Not all small businesses and startups are lucky enough to raise venture capital. When Main Street business owners, like your local tailor, barber or florist find themselves in need of capital to help grow their businesses, they typically are forced to turn to banks for a loan. But applying for these loan packages is time consuming and expensive.
Launched in 2007, On Deck Capital set out on a… → Read More
We make a lot of noise about the venture capital and angel funding startups raise to help grow their businesses. But there are a lot of mom-and-pop shops out there that don’t qualify for venture funding from top firms. Instead, the country’s small businesses typically to turn to negotiating with banks for loans, which can be a headache to secure.
These SMBs don’t have finance departments or the… → Read More
On Deck Capital, the platform that helps connect small businesses with capital, has raised $19 million of its own in a series C funding round. The startup raised $15 million back in January from SAP Ventures and recently added another $4 million from SF Capital Group, a New York–based private investment firm. As part of the new funding, SF Capital Group President Neil Wolfson will be joining On… → Read More
We talk a lot about the startups and companies that receive venture capital and angel funding, but what about the other subset of small businesses that are fundamental to the success of the economy, but may not be on the radar of VCs and angels? These companies, from restaurants and small retailers to salons and florists, may not be high-potential startups like a Google or a Facebook, but they… → Read More
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