StreetShares
| Type | Private |
| Industry | Financial Technology |
| Founded | December 2013 |
| Founders | Mark L. Rockefeller, Mickey Konson, Ben Shiflet |
| Headquarters | Reston, Virginia, United States |
| Products | Business loan, financial software, Banking as a service (BaaS) |
| Website | streetsharesplatform.com |
- StreetShares, Inc. is a financial technology company and small business funding marketplace.
- In 2016, StreetShares received approval from the United States Securities and Exchange Commission for America's first public social impact investment product for veterans.
- In June 2019, StreetShares launched the StreetShares Platform to help community banks and credit unions make loans to small businesses..
- Model
- StreetShares offers a white-labeled service on behalf of banks and credit unions so that banks can offer offers 3 to 36-month term business loans.
- Borrower applicants must be U.S. citizens or permanent residents, in business for at least one year, earning revenue, incorporated or LLC, and have a business guarantor.
- StreetShares charges a pre-disclosed one-time origination fee based on term length, risk and loan amount.
- Banks and credit unions pay a subscription fee for the technology.
- Funding for the loans can come from StreetShares own balance sheet or from the banks and credit unions directly.
- Because StreetShares has its own lending balance sheet, the technology may also be used by non-finance companies.
- StreetShares investments are available to qualified investor members with an established StreetShares account.