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Are Financially Constrained Firms Bad Audit Clients?
Audit assurance becomes more valuable for financially constrained businesses as they face operational and financial uncertainty.
By
Ahmet Kurt
| February 7, 2023
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OnDeck Capital
Financial Performance
OnDeck Capital Narrows Q2 Loss to $1.49M
CEO Noah Breslow calls the quarter "transformative," saying the online lender made "solid progress" toward achieving its financial objectives.
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Matthew Heller
| August 7, 2017
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Growth Strategies
OnDeck Capital Reports Larger Loss
Still, the marketplace lender said its "capacity and flexibility to fund loans has never been stronger."
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Katie Kuehner-Hebert
| May 3, 2016
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Growth Companies
Small Business Originations Rise at P2P Lender
OnDeck Capital grew its portfolio of small business loans and lines of credit by $369 million in the fourth quarter but still reported a net loss.
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Vincent Ryan
| February 24, 2015
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Growth Companies
OnDeck Capital Lets Institutional Investors Buy SMB Loans
The online lending platform will now be open to assets managers and hedge funds that want exposure to "Main Street" borrowers.
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Katie Kuehner-Hebert
| January 23, 2015
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