“Veterans will use their card to do good while doing well. Our mission is to be the trusted financial solution for America’s heroes and their communities, and this offering will help us achieve that.”
RESTON, Va. (PRWEB) March 26, 2019
StreetShares announces plans to launch America’s first business credit card for the veteran business owner community. The card will fill the gap in the marketplace for a payment product uniquely focused on the needs of the nation’s 2.5 million military veteran business owners. StreetShares will use a portion of its proceeds from every card to support training and educational programs for military veterans and military spouse entrepreneurs.
StreetShares has provided over $150 million in financing for small businesses through term loans, the “Patriot Express” lines of credit, and specialty financing products for government contractors. Multiple studies, such as those conducted by the U.S. Small Business Administration and the Institute for Veterans and Military Families at Syracuse University, suggest that military veteran business owners are a highly underserved population. The addition of a credit card to the product suite will provide veteran business owners with a convenient payment and financing tool to handle everyday expenses.
“Veterans love to help other veterans. StreetShares is a veteran-run company, and the goal of the card is not only to provide a veteran focused payments tool, but also to benefit the veteran community as a whole by funding programs that benefit veteran entrepreneurship.” said Mark L. Rockefeller, CEO/Co-Founder of StreetShares and an Iraq War Veteran.
“Veterans will use their card to do good while doing well.” Rockefeller added. “Our mission is to be the trusted financial solution for America’s heroes and their communities, and this offering will help us achieve that.”
StreetShares is expected to launch the card in the second quarter of 2019. Interested veteran business owners can sign up to join the waitlist at http://go.streetshares.com/join-our-waitlist
StreetShares offers unique financial solutions for America's heroes and their communities. StreetShares' technology captures the social loyalty that exists within the military community and harnesses that trust to lower risk in financial transactions. StreetShares offers alternative investments, including a veterans social-impact investing product called Veteran Business Bonds. StreetShares is veteran-run and located outside of Washington, D.C. To learn more, please visit: StreetShares.com.