Comparison · vs OnDeck
ICG Funding vs OnDeck. An honest read.
Established online lender with APR-priced term loans and lines, higher credit bar than ICG.
Choose ICG over OnDeck when your fico is below 625, you need funding in 24 hours, or you've been declined by a bank and want fast funding. Choose OnDeck when you have 700+ fico, 2+ years in business, and want the very lowest apr on an installment term loan, ondeck prices the prime-credit band aggressively.
Updated 2026-04-26
Side by side
The numbers, without the spin.
Revenue-qualified. Decision in 24 hours.
Minimum FICO
500
Time in business
6 months
Minimum revenue
$15K/month
Funding speed
24 hours
Products
Revenue-based, term, line, factoring, equipment, SBA, BCA, bridge
Typical amounts
$10K to $1M+
Data sharing
Never
Established online lender with APR-priced term loans and lines, higher credit bar than ICG.
Minimum FICO
625
Time in business
1 year
Minimum revenue
$100K/year
Funding speed
Same-day to 3 days
Products
Term Loan, Line of Credit
Typical amounts
$5K – $250K term loan; $6K – $100K line of credit
Data sharing
Varies
Differentiators
Where each option actually wins.
Where ICG wins
- ICG approves at 500 FICO; OnDeck typically requires 625+.
- ICG funds in 24 hours on standard products; OnDeck takes up to 3 days for term loans.
- ICG does not syndicate your data to third parties.
Where OnDeck may win
- OnDeck has a longer operating history and larger balance sheet, institutional buyers sometimes prefer its reporting.
- OnDeck can offer APR-priced lines of credit at lower rates for prime-credit borrowers (700+ FICO).
Decision guide
When each option is the right call.
Choose ICG when
Your FICO is below 625, you need funding in 24 hours, or you've been declined by a bank and want fast funding.
Apply with ICGChoose OnDeck when
You have 700+ FICO, 2+ years in business, and want the very lowest APR on an installment term loan, OnDeck prices the prime-credit band aggressively.
FAQ
The questions you actually asked.
Choose ICG over OnDeck when your fico is below 625, you need funding in 24 hours, or you've been declined by a bank and want fast funding. Choose OnDeck when you have 700+ fico, 2+ years in business, and want the very lowest apr on an installment term loan, ondeck prices the prime-credit band aggressively.
OnDeck requires a 625 FICO minimum. ICG accepts 500+.
OnDeck funds in Same-day to 3 days. ICG funds most products in 24 hours.
You have 700+ FICO, 2+ years in business, and want the very lowest APR on an installment term loan, OnDeck prices the prime-credit band aggressively.
Next step
See your options in minutes.
One application. One specialist. One real decision in 24 hours.