NEW YORK and SYDNEY, April 20,
2018 /PRNewswire/ -- OnDeck® (NYSE: ONDK),
the leader in online lending to small business, today named New
View Window Cleaning of Sydney,
Australia as the OnDeck Small Business of the Month for
April, 2018. The husband and wife-owned professional window
cleaning service is the first small business in Australia to earn the OnDeck customer
spotlight award.
Max Macarthur and his wife,
Deborah, started New View 11 years ago after immigrating to
Australia from the United Kingdom. Upon arriving in Sydney, they sought out the right business
opportunity, purchased an existing window cleaning service and got
busy obtaining a business visa. Two years later, New View was up
and running and the Macarthurs were full-fledged Australian
citizens.
Since 2007, New View has grown to serve a wide range of
customers across the Northern and Eastern
Sydney beaches and throughout the greater Western Sydney region. The Macarthurs handle
commercial and residential accounts, with construction cleans and
residential homes making up the majority of their business.
When their business required more capital in April 2017, Max and Deborah began researching
online for a short-term financing solution to cover commitments on
several new large-scale jobs. Max went to his long-time bank, but
was told a business loan would take four to six weeks to be
approved. Instead, the Macarthurs checked their business credit
online using OnDeck Australia's 'Know Your Score' product. Their
business credit score quickly came up healthy and they applied
online for an OnDeck loan. Max
Macarthur tells the rest.
"We were approved by OnDeck in six hours or less, rather than
the bank's quote of four to six weeks, says Max Macarthur, owner, New View Window Cleaning
Service. "OnDeck's online process was remarkably quick, simple and
efficient. Most importantly, they listened to my needs and
understood that I couldn't wait forever and a day for a bank
loan."
Max believes the banks are 'missing out' on business
opportunities with clients like New View because small businesses
cannot wait up to six weeks for funding. As a business owner, he
doesn't view the need for cash to take on new jobs as a 'problem,'
but rather as a normal part of growing a business. The
Macarthurs have subsequently received three renewal loans from
OnDeck and the capital they received has proven to be an easy and
efficient way to fund their business growth.
"As a repeat customer, I can vouch for the first-class customer
service at OnDeck," said Max
Macarthur. "You always get to speak with a real
person, who's both a product expert and extremely helpful. I would
recommend OnDeck to any small business owner in need of funding.
They understand a small business owner's needs like no one
else."
"OnDeck is delighted to recognize the achievements of Max and
Deborah in building their New View Window Cleaning business in
Sydney," said Cameron Poolman, Chief Executive Officer, OnDeck
Australia. "Since launching in Australia in 2015, we at OnDeck have been
constantly inspired by business pioneers like the Macarthurs, whose
hard work, vision and use of reliable online lending has opened new
pathways for business growth."
To learn more about the Macarthur's journey to business growth
with OnDeck, visit:
https://www.youtube.com/watch?v=uLuK8NKjOPs.
The Small Business Spotlight series from OnDeck is designed to
highlight and reinforce the vital importance of small businesses.
Every month, OnDeck spotlights the achievements of its small
business customers and how they are thriving as a result of
receiving capital from OnDeck. To learn more,
visit: http://www.ondeck.com/smallbusinessspotlight
About OnDeck
OnDeck (NYSE: ONDK) is the leader in online small business lending.
Since 2007, the company has powered Main Street's growth through
advanced lending technology and a constant dedication to customer
service. OnDeck's proprietary credit scoring system – the OnDeck
Score® – leverages advanced analytics, enabling OnDeck to make
real-time lending decisions and deliver capital to small businesses
in as little as 24 hours. OnDeck offers business owners a complete
financing solution, including the online lending industry's widest
range of term loans and lines of credit. To date, the company has
deployed over $8 billion to more than
80,000 customers in 700 different industries across the United States, Canada and Australia. For more information, please visit
www.ondeck.com.
Contact:
Jim Larkin
OnDeck
jlarkin@ondeck.com
P: 203-526-7457
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SOURCE On Deck Capital, Inc.