StreetShares
What is StreetShares?
StreetShares is a financial technology company founded in 2014 by veterans Mark L. Rockefeller, Mickey Konson, and Ben Shiflet. Based in Reston, VA, the company focuses on providing small business loans specifically to veteran-owned businesses. StreetShares operates with a commitment to fair and transparent lending practices, aligning with the Small Business Borrowers Bill of Rights. The platform utilizes a unique reverse-auction format, allowing individuals to offer portions of a loan, which are then combined to create a single loan at the lowest cost. StreetShares also received SEC approval for a public social impact investment product, enabling public investment in businesses on its platform. The company aims to support over a million veteran-run businesses, particularly those facing challenges in accessing credit.
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