Commitment to Action

A New Road To Capital for Main Street USA

Commitment by

On Deck Capital

In 2011, On Deck Capital committed to connect five major financial institutions to the On Deck digitized underwriting platform, enabling a first-of-its-kind access to capital for the millions of Main Street restaurants, retailers, service providers, and light manufacturers (collectively Main Street and Micro-businesses). Lending has typically been unavailable to this segment due to high transaction costs on small loans, but On Deck's online platform reduces transaction costs to make lending profitable and scalable for banks. Participation from five major financial institutions will act as a catalyst for job creation by deploying $100 million of additional capital to Main Street businesses. Prior to this CGI commitment, the On Deck platform had connected $150 million worth of private capital to Main Street businesses, for the first time proving that many Main Street and Micro-business are in fact creditworthy borrowers.





A New Road To Capital for Main Street USA



Est. Duration

3 Years

Estimated Total Value



Northern America


United States

Commitment by

On Deck Capital

Partner(s) of the Commitment Maker(s)

Connie E. Evans, Association for Enterprise Opportunity