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Intuit Starts $100M Small Biz Loan Fund

Monday, 21 September 2015
News

Brad Smith, IntuitIntuit has launched a $100-million fund in partnership with OnDeck. The software company had been testing a loan program for small businesses, utilizing data from QuickBooks software to help customers improve their chances of obtaining loan approval. Interest rates on the new funds will range from 8.9 percent to 19.9 percent and will be funded in as little time as one business day.

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