All Insights|Future Nexus
fintechApril 14, 2020

OnDeck Partners with Celtic Bank on PPP Loans

OnDeck shared yesterday that they are now able to serve small businesses who are seeking capital under the Paycheck Protection Program or PPP; according to the press release OnDeck will be processing and servicing loans on behalf of Celtic Bank, a Utah-Chartered Industrial bank; Celtic bank is among the top ten SBA lenders in the US; OnDeck has also applied to become a direct lender under the PPP. PR Newswire