Loans subject to lender approval. Through its Enova Decisions™ brand, it also delivers on-demand decision-making technology and real-time predictive analytics services to clients. OnDeck® is a Registered Trademark. Please read our: Privacy Policy, Privacy Statement, Complaints Policy and Website Terms of Use. You can learn more about the company and its brands at www.enova.com. OnDeck Group refers to On Deck Capital, Inc. and its subsidiaries. The Minister will chair five working groups for discussion to produce a JobMaker package in the following areas: Membership of each working group will include employer, union representatives and individuals such as small businesses, rural communities, women and families. NEW YORK, April 17, 2020 /PRNewswire/ -- OnDeck® (NYSE: ONDK), the leader in online lending to small business, today announced that its lead … The transaction is expected to be accretive in the first year post-closing and is expected to generate earnings per share accretion of more than 40% when synergies are fully realized. CHICAGO, Oct. 13, 2020 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology and analytics company offering consumer and small business loans and financing, today announced it has completed the acquisition of On Deck Capital, Inc. (NYSE: ONDK), a leader in online lending for small business, for $1.89 per share, or approximately $122 million. These factors include, among others, the possibility that any of the anticipated benefits of the transaction will not be realized or will not be realized within the expected time period; the ability of Enova to integrate the OnDeck business successfully and to achieve anticipated synergies; potential litigation relating to the transaction; the risk that disruptions from the transaction will harm Enova's business or the acquired OnDeck business; continued availability of capital and financing on favorable terms or at all; legislative, regulatory and economic developments; potential business uncertainty, including changes to existing business relationships, as a result of the transaction that could affect Enova's and/or the acquired OnDeck business' financial performance; dilution caused by Enova's issuance of shares of its common stock in connection with the transaction; and such other risks and uncertainties detailed in Enova's periodic public filings with the SEC, including but not limited to those discussed under "Cautionary Note Concerning Factors That May Affect Future Results" and "Risk Factors" in Enova's Form 10-K for the fiscal year ended December 31, 2019 and in its Form 10-Q for each of the quarterly periods ended March 31, 2020 and June 30, 2020, respectively; in Enova's subsequent filings with the SEC and in other investor communications of Enova from time to time. Prime Minister Scott Morrison has unveiled a new government scheme coined JobMaker, that aims to help the Australian economy reset for growth. These risks and uncertainties are beyond the ability of Enova to control, and, in many cases, Enova cannot predict all of the risks and uncertainties that could cause actual results to differ materially from those indicated by the forward-looking statements. OnDeck Taps Stephen Klimas To Lead Investor Relations Jul 9, 2018 Experienced Finance Executive Joins Nation’s Leading Online Small Business Lender NEW YORK, July 9, 2018 — OnDeck® (NYSE: ONDK), the leader in online lending for small business, today announced the appointment of Stephen Klimas as the company’s Head of Investor Relations. We remain well positioned to drive long-term, profitable growth for our shareholders while addressing the needs of consumers and small businesses whose need for access to credit is even more critical in the wake of the COVID pandemic and current economic environment.". “The Commonwealth has no line of sight on how states use this funding.”. In connection with the transaction, Enova will grant $1.16 million payable in restricted stock units (RSUs) of Enova common stock to Noah Breslow, OnDeck's former CEO, who will become an Enova employee following the transaction. CHICAGO, Oct. 13, 2020 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology and analytics company offering consumer and small business loans and financing, today announced it has completed the acquisition of On Deck Capital, Inc. (NYSE: ONDK), a leader in online lending for small business, for $1.89 per share, or approximately $122 million. Portions of the award will vest six months and twelve months from the date of the grant. *Loan amounts and terms are for illustrative purposes only and given the current circumstances of the COVID-19 crisis, the lender may adjust loan amounts, loan terms and terms and conditions in its sole discretion without notice. Enova has provided more than 7 million customers around the globe with access to more than $20 billion in loans and financing. Under his plan, Mr Morrison announced funding would be increasingly linked to the skill gaps, with industry given more power to influence training. On Deck Capital Australia Pty Ltd ABN 28 603753215. The PM said, “By law, the Commonwealth must hand over to the states and territories $1.5 billion every year in untied funding every year – with no end date and no questions asked. Loans subject to Lender Approval. For further information: For further information: Public Relations Contact: Kaitlin Lowey, Email: media@enova.com; Investor Relations Contact: Monica Gould, Office: (212) 871-3927, Email: IR@enova.com; Lindsay Savarese, Office: (212) 331-8417, Email: IR@enova.com, 175 W. Jackson Blvd., Suite 1000 Not all loan amounts, term lengths or rates will be available to all applicants. Subscribe to our newsletter for the latest business tips, hints and information. Speaking to the need for industrial relations reform, the PM announced that beginning immediately, the Minister for Industrial Relations and the Attorney-General Christian Porter will lead a “new, time-bound, dedicated process bringing employers, industry groups, employee representatives and government to the table to chart a practical reform” of Australia’s industrial relations system. Enova cautions you not to put undue reliance on these forward-looking statements. The PM added, “The purpose is simple and honest, to explore, and hopefully find, a pathway to sensible, long-lasting reform with just one goal – make jobs.”. Information current as at May 2020. Other components such as more efficient taxes, less regulation, award simplification and access to finance will be announced in the weeks and months ahead. 1.312.568.4200 The acquisition creates a company with significant scale and diverse product offerings in consumer and small business market segments with combined originations of nearly $5 billion in 2019 and approximately seven million customers. Read more about the announcement. You should not rely upon the material or information as a basis for making any business, financial or any other decisions. OnDeck® is a Registered Trademark. Eligibility and approval are subject to a standard credit assessment and your business circumstances which may include information such as industry, time in business, estimated revenue and other data. OnDeck joins the Enova family. The combination establishes Enova as a premier Fintech lender with substantial scale and a diversified portfolio of brands and products," said David Fisher, CEO of Enova. Enova's management will discuss its quarterly results and business outlook during its third quarter 2020 earnings conference call later this month. JobMaker focuses now on skills and IR by OnDeck Australia, May 28, 2020 . Words such as "believes", "anticipates", "estimates", "expects", "intends", "aims", "potential", "will", "would", "could", "considered", "likely", "estimate" and variations of these words and similar future or conditional expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. The National Skills Commission has been established with this objective in mind, and will now provide detailed labour market analysis, including an annual report each year setting out the skill needs of Australia, replacing existing lists for apprenticeships and skilled migration. OnDeck joins the Enova family. Check out OnDeck in the News. Enova disclaims any intention or obligation to update or revise any forward-looking statements after the date of this release. Investor Contact: Stephen Klimas OnDeck sklimas@ondeck.com (646) 668—3582. Under the terms of the agreement, OnDeck shareholders received 0.092 of a share of Enova common stock and $0.12 in cash for each share of OnDeck held. Addressing the National Press Club on Tuesday 25 May, Mr Morrison said, “Opening up will be harder than closing down. Loans are subject to lender approval. The Prime Minister stressed that in relation to job skills, “we need Australians better trained for the jobs [that] businesses are looking to create.”. Loans issued in Australia are subject to the terms of a loan agreement issued by OnDeck. October 21, 2019 Investors Bank Selects ODX Platform to Begin Digitizing Small Business Lending October 8, 2019 OnDeck to Highlight Success of Women Small Business Owners October 7, 2019 OnDeck Announces Date of Third Quarter 2019 Earnings Conference Call