Evolving Small Business Lending, Together - Evolocity Financial Group

Our commitment to you is our #1 priority

Have you heard? Evolocity Financial Group and OnDeck® will be teaming up to give you the best online financing experience available in Canada.

Get ready to enjoy all the things you already love about Evolocity + so much more once the transaction is completed. By joining forces we’ll be able to offer the broadest offering of innovative financing products, even better Canadian lending expertise, and superior customer service. Until closing, however, it will be business as usual with no changes to how we work with you.

Our commitment to our customers and to all small businesses in Canada is our #1 priority, that’s one thing that will never change.

We look forward to bringing you exciting new possibilities and an even better experience than ever before as we join forces with OnDeck® and combine the best there is to offer in Canadian Small Business Lending. Read the Press Release.

  • Why Are Evolocity and OnDeck® merging?

    The combination of OnDeck®’s Canadian operations with Evolocity will create a leading online lending platform for small business financing in Canada and represents a significant investment in the Canadian market.

    Evolocity’s skilled local team, Canadian lending expertise, and localized technology has allowed us to successfully serve small businesses in Canada from coast to coast. By teaming up with OnDeck®, we’ll be able to serve you even better going forward.

    The combination of OnDeck® Canada and Evolocity is designed to fill the small business credit gap that currently exists. Canadian small businesses will benefit from a broad offering of innovative financing options and expert customer experience.

  • What does this mean for our customers?

    Our continued commitment to Canadian Small Businesses is our #1 priority, so you won’t have to do a thing.

    We look forward to bringing you exciting new possibilities, our broad product offering tailored to fit your unique business needs, and localized Canadian expertise delivering dedicated customer service.

  • What difference will this make for services?

    By the combining two of the top Canadian online small business lenders, the new OnDeck® Canada will offer bilingual service coverage from coast-to-coast, through combining best-in-class technology with expertise at the national, provincial, and global levels. You won’t have to do a thing – our expert loan specialists are here to continue servicing your needs and questions.

  • What difference will this make for products?

    By combining innovative technology and a robust suite of products and geographic spread, the combination of Evolocity and OnDeck® Canada offers Canadian small businesses a dynamic range of financial solutions and reliable, trusted, advice all accessible online.

    When complete, this combination will allow us to accelerate the delivery of new products and services to meet the ever changing needs of Canadian small businesses. By bringing the best both have to offer together, we’re making it even better for small business owners like you.

  • What difference will this make for the application process?

    The application process will remain online, fast, transparent, and tailored to your unique business needs. Your account will continue to be managed online and your personal expert loan advisor will be ready to answer any of your questions regarding your business financing needs!

  • Will there be any differences now in qualifications?

    We are always evaluating the best possible solutions for our Small Businesses and exploring ways to serve our customers better. Our current minimum criteria require that you have 6 months of sales history as the owner of the business and a minimum of $180,000 in annual sales.