The best OnDeck alternative depends on why OnDeck isn’t working for you. If you don’t meet its minimums (625 FICO, 1 year, $100,000 revenue), Fundbox, Credibly and Headway Capital set lower bars. If you need more than OnDeck’s $400,000 or longer than 24 months, Biz2Credit and National Funding go higher. If you want a revolving line with lower advertised rates, Bluevine is the one to check. If you’d rather see several offers at once, a marketplace such as Lendio can help.
Start with our OnDeck review if you’re still deciding whether OnDeck fits, and see our lender reviews hub for every lender we cover. Each alternative below is active today, and each figure comes from the lender’s own site, checked on September 21, 2026.
OnDeck in brief: the benchmark
OnDeck offers term loans of $5,000 to $400,000 over up to 24 months, repaid daily or weekly, and lines of credit of $6,000 to $200,000 repaid over 12, 18 or 24 months. It requires a 625 personal FICO, 1 year in business and $100,000 in annual revenue (OnDeck requirements). It publishes average APRs of 53.2% on term loans and 59.8% on lines of credit for loans originated in the half-year ending June 30, 2026, and charges a 0% to 4% origination fee. OnDeck has been owned by Enova since October 2020 (Enova).
7 OnDeck alternatives at a glance
| Lender | Best for | Amounts | Terms | Pricing as quoted | Minimums |
|---|---|---|---|---|---|
| Bluevine | A revolving line for an LLC or corporation | Line $1,000 to $250,000 | Weekly up to 52 weeks, or monthly over 12 months | Rates “as low as 7.8%” (basis not stated) | 625 FICO, 12 months, $10,000/month revenue |
| Fundbox | Newer businesses with short gaps | Up to $250,000 | 12-week plan (Fundbox) | Fees from 4.66% per 12-week plan (about 36.8% APR equivalent) | $30,000/year revenue, 3 months |
| Headway Capital | A smaller line from OnDeck’s sister brand | $5,000 to $100,000 | 12 to 24 months, weekly or monthly | 2% draw fee (varies by state) | $50,000 revenue; 6 months to 1 year in business |
| Biz2Credit | Larger, longer loans | $25,000 to $2 million | 3 months to 5 years | Not published | 650 credit, $250,000 revenue, 12 months |
| National Funding | Working capital up to $500,000 | Up to $500,000 | 4 to 24 months (working capital) | Not published; early payoff discounts | Most customers 600+ FICO |
| Credibly | Lower credit scores | $25,000 to $600,000 | 6 to 24 months | Factor rates from 1.11 plus 2.5% origination | 500 credit, 6 months, $15,000/month revenue |
| Lendio | Comparing several lenders | Request $1,000 to over $1 million | Set by each lender | Set by each lender | Set by each lender |
The alternatives in detail
1. Bluevine: best for a revolving line
Bluevine’s line of credit runs from $1,000 to $250,000, with rates advertised “as low as 7.8% for top qualifying customers” and no maintenance fees, although “additional fees apply” (Bluevine). You need a 625 FICO, 12 months in business and $10,000 in monthly revenue, and the business must be an LLC or corporation. The line is issued by Celtic Bank. Bluevine’s term loans (up to $500,000) come from partner lenders. Read our Bluevine review or the head-to-head OnDeck vs Bluevine.
2. Fundbox: best for newer businesses
Fundbox asks for $30,000+ in annual revenue and 3+ months in business, with a business checking account showing 3+ months of transactions (Fundbox). Fees start at 4.66% for a 12-week plan and vary by applicant; remaining fees are waived if you repay early. Fundbox advertises lines of up to $250,000. Applying uses a soft pull, and the first draw triggers a hard pull. See our Fundbox review and OnDeck vs Fundbox.
3. Headway Capital: best for a smaller line
Headway offers lines of $5,000 to $100,000, repaid over 12 to 24 months on weekly or monthly schedules, with a 2% draw fee depending on your state (Headway FAQ). Its FAQ lists six months in business and $50,000 in revenue, and its rates-and-terms page mentions one year, so confirm the current requirement with Headway before applying. Headway is also an Enova brand (Headway Capital), which makes it a sister company of OnDeck rather than an independent competitor.
4. Biz2Credit: best for larger amounts and longer terms
Biz2Credit’s term loans run from $25,000 to $2 million over 3 months to 5 years, well beyond OnDeck’s $400,000 and 24 months (Biz2Credit). The term-loan page asks for a 650 credit score, $250,000 in annual revenue and 12 months in business; its homepage lists $100,000 in revenue, so confirm which applies to the product you want. It doesn’t publish rates. Loans are made by its subsidiary Itria Ventures or by Cross River Bank. See our Biz2Credit review and Biz2Credit vs OnDeck.
5. National Funding: best for working capital up to $500,000
National Funding lends up to $500,000. Working capital loans run from 4 to 24 months with daily or weekly payments, and early payoff discounts are available (National Funding). It says “most of our customers have a personal FICO of 600 or higher.” It doesn’t publish rates. See our National Funding review.
6. Credibly: best for lower credit scores
Credibly’s working capital loans run from $25,000 to $600,000 over 6 to 24 months, with “factor rates as low as 1.11” and a 2.5% origination fee on most deals (Credibly). It asks for a 500+ credit score, 6+ months in business and $15,000+ in monthly revenue, with daily or weekly payments. A factor rate isn’t an APR: on a short term, a 1.11 factor can mean a high annualized cost. Our guide to factor rates vs APR shows how to convert one to the other.
7. Lendio: best for comparing several offers
Lendio isn’t a lender. It says it “is not a lender and does not make credit decisions,” and it passes your application to its network (Lendio). Lendio says the network is “over 75 lenders” on one page and “100+” on another. It may be paid by lenders for referrals or funded loans. See our Lendio review.
How to choose
- Start with why OnDeck didn’t work. A turn-down on credit or time in business points to Fundbox, Credibly or Headway. A need for size or term points to Biz2Credit or National Funding.
- Match the product to the need. For recurring short gaps, a line (Bluevine, Fundbox, Headway) usually fits better than a lump sum. Our line of credit vs term loan guide helps you decide.
- Compare on APR. Lenders quote APRs, fees, factor rates and simple interest. Ask each for the APR and total repayment on the same amount.
- Check the payment schedule. Daily and weekly debits are common with these lenders. Make sure your cash flow can carry them.
- Consider an SBA loan if time allows. If you can wait longer for funding, SBA loans are worth checking before short-term debt.
Pitfalls to watch
- Sister brands. Headway and OnDeck are both Enova brands, so applying to both doesn’t give you two independent lenders.
- Confirm the minimums. Some lenders list requirements on more than one page, so confirm the current figures for the product you want before you apply.
- Best-case rates. “As low as” rates (Bluevine 7.8%, Credibly 1.11, Fundbox 4.66%) apply to the strongest applicants.
- Hard pulls. Fundbox pulls hard at first draw, and marketplaces may pull hard once you accept an offer.
FAQ
What is the closest alternative to OnDeck?
For a lump sum, National Funding is closest: up to $500,000 over up to 24 months, repaid daily or weekly. For a line of credit, Bluevine and Headway Capital are the closest matches.
Which OnDeck alternative is easiest to qualify for?
On published minimums, Fundbox ($30,000 annual revenue, 3 months in business) and Credibly (500 credit score, 6 months) have the lowest bars.
Is Headway Capital the same as OnDeck?
No, but both are brands of Enova International. Headway offers only lines of credit, from $5,000 to $100,000.
Which alternative lends more than OnDeck?
Biz2Credit (term loans to $2 million), Credibly (to $600,000) and National Funding (to $500,000) all go above OnDeck’s $400,000 ceiling.
Next step
If you’d like to compare several of these at once, SMB Compass can help you line up offers from the lenders we work with. Start with business term loans, or see Bluevine alternatives and National Funding alternatives.
Sources
- OnDeck: Loan eligibility requirements
- OnDeck: Business term loans
- OnDeck: Business line of credit
- OnDeck: FAQs
- Enova: Enova Completes Acquisition of OnDeck (Oct 13, 2020)
- Bluevine: Line of credit
- Bluevine Help Center: Line of credit repayment plans and requirements
- Bluevine Help Center: Credit line ranges
- Bluevine: Business loans
- Fundbox: Homepage
- Fundbox: FAQ
- Fundbox Help Center: How much does it cost to use Fundbox?
- Fundbox: How it works
- Headway Capital: Homepage
- Headway Capital: FAQ
- Headway Capital: Rates and terms
- Biz2Credit: Term loan
- Biz2Credit: Homepage
- Biz2Credit: FAQs
- National Funding: Small business loans
- Credibly: Working capital loans
- Lendio: How it works
- Lendio: Homepage
About this page. Written by Ezra Cabrera, Content Team Lead at SMB Compass. Figures were checked against each lender’s own website on September 21, 2026; lenders change their terms, so confirm current terms before you apply, and let us know if you spot a figure that has changed. SMB Compass is a business financing broker: we don’t lend our own money, and we are paid by the lenders we place loans with. This page is general information, not financial, legal or tax advice.