OnDeck
6 Case Studies
A OnDeck Case Study
Majestyk Apps, founded by Marine veterans Donald Coolidge and a business partner, started by building mobile apps while they studied computer science and grew into a boutique tech firm pursuing work with brand-name clients. As demand accelerated—leading to bids for larger projects and work for six Fortune 500 companies—the young, profitable company hit a roadblock: banks turned them down for loans because they lacked a credit history, leaving them unable to scale to meet larger opportunities.
OnDeck provided fast, flexible financing with a quick turnaround and underwriting that considered more than just credit score, enabling Majestyk to bid on and win bigger projects. With that capital they hired more staff, doubled headcount, and invested in winning deals—achieving 100% year‑over‑year growth that has continued to accelerate.