NEW YORK, Aug. 20, 2015 /PRNewswire/ -- OnDeck®, a leading platform for small business lending, along with Minor League Baseball™, America's leader for affordable family entertainment, announced today that Trenton, New Jersey based B&B Lightning Protection has received the Small Business of the Month Award. OnDeck launched the award program in partnership with Minor League Baseball to recognize small businesses that are making a positive impact in their local communities. In addition to throwing out the ceremonial first pitch at the Trenton Thunder's game, B&B Lightning Protection owner Ben Christensen will be presented with the award on-field prior to the start of the game.
Ben Christensen founded B&B Lightning Protection with his business partner Ben Sutton in 2011 after his previous employer closed their doors. As an industry veteran who did not want to see his friends and colleagues out of work, Ben started his own company. Today, B&B Lightning Protection has become a major player thanks to Ben's expertise and the work ethic of his employees. The ten-person team installs Lightning Protection Systems on commercial and residential buildings in New Jersey, Pennsylvania, Delaware, Maryland, Virginia, Connecticut and Massachusetts. On a monthly basis, the business is working 30-40 jobs onsite.
"We created our Small Business of the Month Award program to recognize local business owners that exemplify America's entrepreneurial spirit," said Andrea Gellert, chief marketing officer, OnDeck. "B&B Lightning Protection's success is the result of hard working people meeting tough times and coming out on top. We are proud to honor Ben this Sunday at the Thunder game."
Christensen will receive 10 VIP tickets to the August 23 Trenton Thunder game, an on-field photo opportunity and will throw out the ceremonial first pitch.
"Trenton is the ideal place for the business," said co-owner Ben Christensen. "We feel incredibly supported by the community and our location in Central Jersey allows us to service our customers in a timely manner."
B&B Lightning Protection joins select small businesses from throughout the U.S. who will be recognized by OnDeck and Minor League Baseball across more than 20 activation clubs this season.
OnDeck is 100 percent focused on small business with $3 billion in critical growth capital deployed nationwide. To date, OnDeck has provided over $110 million in loans to 493 small businesses throughout New Jersey.
About OnDeck
OnDeck, a leading platform for small business loans, is committed to increasing Main Street's access to capital. OnDeck uses advanced lending technology and analytics to assess creditworthiness based on actual operating performance and not solely on personal credit. The OnDeck Score®, the company's proprietary small business credit scoring system, evaluates thousands of data points to deliver a credit decision rapidly and accurately. Small businesses can apply for a line of credit or term loan online in minutes, get a decision immediately and receive funds in as fast as the same day. OnDeck also partners with small business service providers, enabling them to connect their customers to OnDeck financing. OnDeck's diversified loan funding strategy enables the company to fund small business loans from various credit facilities, securitization and the OnDeck Marketplace®, a platform that enables institutional investors to purchase small business loans originated by OnDeck.
Since 2007, OnDeck has deployed more than $3 billion to more than 700 different industries in all 50 U.S. states, and also makes small business loans in Canada. The company has an A+ rating with the Better Business Bureau and operates the website BusinessLoans.com which provides credit education and information about small business financing. On December 17, 2014, OnDeck started trading on the New York Stock Exchange.
For more information, please visit www.ondeck.com and follow OnDeck on Twitter @OnDeckCapital.
About Minor League Baseball
Minor League Baseball, headquartered in St. Petersburg, Florida, is the governing body for all professional baseball teams in the United States, Canada, Venezuela and the Dominican Republic that are affiliated with Major League Baseball clubs through their farm systems. Fans are coming out in unprecedented numbers to this one-of-a-kind experience that can only be found at Minor League Baseball ballparks. In 2014, Minor League Baseball attracted 42.4 million fans to its ballparks to see the future stars of the sport hone their skills. From the electricity in the stands to the excitement on the field, Minor League Baseball has provided affordable family-friendly entertainment to people of all ages since its founding in 1901. For more information about Minor League Baseball, visit www.MiLB.com.
Contact:
Sophie Fischman
212-453-2137
[email protected]
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SOURCE OnDeck
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