Evolving Small Business Lending, Together - Evolocity Financial Group

Evolocity Financial Group is joining with OnDeck Canada®!

Our customers always come first. By joining forces in a combined company, we are better placed than ever to meet the financing needs of Canadian small businesses by offering superior products, services, and ultimately a better online borrowing experience.

We’re going to take our time to get things right, so nothing will change overnight. As part of this new team, Evolocity will be rebranding to OnDeck Canada®. Stay tuned as we work to evolve small business lending together.

Read the Press Release for more info.

  • Why are Evolocity and OnDeck Combining?

    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.

    Our skilled local team, Canadian lending expertise, and technology has allowed us to successfully serve small businesses in Canada since 2008. By teaming up with OnDeck® and its local team in Toronto, we’ll be able to serve you even better going forward under a new OnDeck Canada® brand.

    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 our 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 financing specialists are here to continue servicing your needs and questions.

  • What difference will this make for our 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.

    We expect that integrating our operations and offering 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 financing 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 $150,000 in annual sales or $12,500 average monthly.