On Deck gets $80 million of loan commitments led by Goldman, Fortress

By Susanna Moon

Chicago, Aug. 23 - On Deck Capital said it lined up nearly $100 million of debt commitments, including an $80 million credit facility led by Goldman Sachs and Fortress Credit Corp.

The company also secured $17 million of venture debt loans from SF Capital and Lighthouse Capital Partners.

On Deck's small business lending is based on proprietary technology that focuses on business performance rather than personal credit scores, changing how small businesses are evaluated, according to a press release.

On Deck Capital is based in New York.

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