StreetShares provide a digital lending platform for American small businesses. The company describes itself as “Shark Tank meets eBay” because it serves as a platform where small business owners pitch their loan requests to the community of StreetShares investor members.
PRODUCTS & SERVICES:
The company offers loans with terms ranging from three to 36 months and lines of credit ranging from $2,000 to $100,000. Investors can lend from $25 to $100,000 in Veteran Business Bonds and earn 5% interest.
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Business owners pitch their business through a 3-step, mobile-enabled application and investors compete to fund them through an auction.