Intuit And OnDeck Partner To Offer $100 Million Small Business Lending Fund

By MarketWatch Pulse

Intuit and OnDeck said Thursday that they'll partner to launch a $100 million small business lending fund. The fund will be part of a new product by the two companies, which will allow small business to use QuickBooks Online data to apply for a loan. The loans will be funded quickly and offer annual interest rates between 8.9% and 19.9%, according to the press release.

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