Debt

The following table summarizes our outstanding debt as of June 30, 2018 and December 31, 2017 (in thousands):



				Outstanding
	Type	Maturity Date	Weighted Average Interest Rate at June 30, 2018	June 30, 2018			December 31, 2017
Funding Debt:
ODAST II	Securitization	April 2022 ⁽¹⁾	3.8%	$	225,000		$	250,000
ODART	Revolving	March 2019	4.7%	87,446			102,058
RAOD	Revolving	November 2018	5.5%	92,644			86,478
ODAC	Revolving	May 2019	9.3%	73,599			62,350
ODAF	Revolving	February 2020 ⁽²⁾	9.2%	75,000			75,000
PORT II	Revolving	December 2018	4.7%	68,442			63,851
LAOD	Revolving	October 2022 ⁽³⁾	4.0%	72,220			—
Other Agreements	Various	Various⁽⁴⁾	8.0%	67,543			50,706
			5.6%	761,894			690,443
Deferred debt issuance cost				(6,174		)	(6,174		)
Total Funding Debt				755,720			684,269

Corporate Debt:
Square 1	Revolving	October 2018	6.0%	—			8,000
Deferred debt issuance cost				—			(15		)
Total Corporate Debt				—			7,985

⁽¹⁾The period during which new borrowings may be made under this facility expires in March 2020.

⁽²⁾The period during which new borrowings may be made under this debt facility expires in February 2019.

⁽³⁾The period during which new borrowings may be made under this debt facility expires in April 2022.

⁽⁴⁾ Maturity dates range from July 2018 through November 2020.

On April 13, 2018, our wholly-owned subsidiary, Loan Assets of OnDeck, LLC, established a new asset-backed revolving debt facility with a commitment amount of $100 million and an interest rate of 1-month LIBOR + 2.0%. The period during which new borrowings may be made under this facility expires on April 13, 2022 and the final maturity date is October 13, 2022.

On April 17, 2018, our wholly-owned subsidiary, OnDeck Asset Securitization Trust II LLC, issued $225 million in initial principal amount of fixed-rate asset backed offered notes in a securitization transaction. The notes were issued in four classes with a weighted average fixed interest rate of 3.75%. The revolving period expires on March 31, 2020 and the final maturity date is April 2022. The net proceeds of this transaction were used, together with other available funds, to voluntarily prepay in full all $250 million of notes from a prior securitization.

On June 27, 2018, our wholly-owned subsidiary, Canada OnDeck Asset Funding, L.P, established a new asset-backed revolving debt facility with a commitment amount of CAD25 million and an additional CAD25 million of capacity available at the discretion of the lenders. The interest rate for the facility is a commercial paper rate + 4%. The period during which new borrowings may be made under this facility expires on June 27, 2020 and the final maturity date is June 27, 2021.

On June 28, 2018, OnDeck Funding Trust No. 2, a wholly-owned subsidiary of On Deck Capital Australia Pty Ltd, established a new asset-backed revolving debt facility with a commitment amount of AUD75 million. The interest rate for the facility is 1-month BBSW+ 3.75%. The period during which new borrowings may be made under this facility expires on December 28, 2019 and the final maturity date is June 28, 2020.

Certain of our loans held for investment are pledged as collateral for borrowings in our funding debt facilities. These loans totaled $941.2 million and $852.3 million as of June 30, 2018 and December 31, 2017, respectively. Our corporate debt facility is collateralized by substantially all of our assets.