I'm a $150K/mo trucking company — which?

Get quotes from both. NewCo's MCA is built for your revenue tier and they fund fast. OnDeck's term loan is cheaper on APR-equivalent if you qualify — and at $150K/mo you likely do.

I do $50K/mo — can I get NewCo?

No. NewCo's $100K/mo revenue floor excludes you. OnDeck is the better pair here — their $8K/mo floor and 12-month TIB requirement are reachable for most operators at your revenue level.

Which is faster end-to-end?

NewCo: 3-hour approval, 24 – 48 hour funding. OnDeck: same-day on approved files but the approval-to-funded path can take longer on first deals. For repeat customers, OnDeck is faster.

OnDeck vs NewCo Capital Group — honest comparison 2026

Both fund small businesses. They solve different problems. Here's the honest side-by-side, then five use-case verdicts so you don't have to guess.

The specs

OnDeckNewCo Capital Group

Product typeMulti-productMCA

Amount range$5K – $400K (term); $6K – $200K (LOC)$5K – $500K

Cost (factor / APR)Term APR 27%+; LOC APR 30%+Factor varies by paper; competitive for A-paper

Speed to fundSame-day for approved filesApproval in 3 hours; funding in 24–48 hours

Min time in business12 months12 months

Min monthly revenue$8,000$100,000

Min credit score600+550+

Products

Term loan
LOC

MCA
Working capital line

Verdicts by use case

Cheapest cost of capital if you qualify — Winner: OnDeck. An OnDeck term loan at 27% APR will land cheaper than a NewCo MCA at 1.20+ factor on equivalent dollar amounts over comparable terms.
High-volume merchant ($100K+/mo) — Winner: NewCo Capital Group. NewCo is purpose-built for $100K+/mo merchants and underwrites aggressively at that tier. OnDeck accepts smaller operators ($8K/mo floor) but isn't optimized for high-volume MCA underwriting.
Larger MCA deals ($400K+) — Winner: NewCo Capital Group. NewCo MCA caps at $500K. OnDeck's MCA is not its headline product; the $400K term loan is — different product shape.
Sub-$50K small deals — Winner: OnDeck. OnDeck term loans start at $5K and serve micro-merchants well. NewCo's $100K/mo revenue floor effectively rules out small operators.
Recurring capital need — Winner: OnDeck. OnDeck offers a $6K – $200K LOC alongside its term loan. NewCo's working capital line is less developed and most merchants take the MCA structure.

The honest takeaway

OnDeck and NewCo Capital Group solve overlapping but distinct problems. The right choice depends on three things you already know about your business: how fast you need the money, how long you've been operating, and whether the capital need is one-time or recurring.

Frequently asked questions

I'm a $150K/mo trucking company — which?: Get quotes from both. NewCo's MCA is built for your revenue tier and they fund fast. OnDeck's term loan is cheaper on APR-equivalent if you qualify — and at $150K/mo you likely do.
I do $50K/mo — can I get NewCo?: No. NewCo's $100K/mo revenue floor excludes you. OnDeck is the better pair here — their $8K/mo floor and 12-month TIB requirement are reachable for most operators at your revenue level.
Which is faster end-to-end?: NewCo: 3-hour approval, 24 – 48 hour funding. OnDeck: same-day on approved files but the approval-to-funded path can take longer on first deals. For repeat customers, OnDeck is faster.