OnDeck Combines Machine Learning With AI-Enabled Verification to Automate Approval ProcessNew capability makes getting a small business loan simple, with qualifying applicants seeing a stipulation-free decision in under a minute CHICAGO, Oct. 8, 2026 /PRNewswire/ -- OnDeck, part of Enova International and the proven leader in transparent and responsible online lending to small businesses, today announced the launch of automated final-decisioning for small business loan applications. OnDeck's new AI-powered verification, combined with its machine learning, can produce real-time decisioning that can cut funding decision time from a few hours to under a minute, with the goal of making most approved applications stipulation-free offers.
PRNewsWire10/8/2026Neutral