On Deck secures $17 million venture loans via SF Capital, Lighthouse

By Susanna Moon

Chicago, Aug. 23 - On Deck Capital said it lined up nearly $100 million of debt commitments, including $17 million of venture debt loans from SF Capital and Lighthouse Capital Partners.

The company also obtained an $80 million credit facility led by Goldman Sachs and Fortress Credit Corp.

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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