Aimee
GBExpensive but accessible Costs for loan are high, but the process wasn't too hard and the turnaround was faster than a bank loan. There were some stumbles along the way, so it wasn't as fast as advertised, but they did get things sorted out and get me the funds in a reasonable timeframe. If your business is too small and too new to qualify for a bank loan, or has revenues too low for the bigger "small" business loan companies, try them out - they may surprise you.
Concerned Small Business Owner
GBBeware of the Interest Rate The people are all great. The customer service is excellent. If you know your credit score is not the greatest, be prepared to pay an interest rate that is double most credit cards. I have a credit score around 675 and I was quoted at 27% interest rate... My credit card is only 12.99%.....
John
GBGreat idea, needs polish two parts - online and in person The online experience was OK, but the website could have been more upfront and explanatory about how the auction worked, blended rates, etc. But the website/platform had some glitches that were wholly unnecessary. When I spoke to someone on the phone they explained an upgrade was coming, hopefully these are resolved now. But for something having to do with decent amounts of money, that never should have happened. in person - the first phone call i made to streetshares the person answering the phone interrupted me in the middle of my very first sentence to tell me they were transferring me to someone else. this is ridiculously poor customer service. otherwise the people in e-mail and on the phone were great - but that one very first impression was a very poor one.
josh webley
GBI Have recieved several pieces of mail… I Have recieved several pieces of mail from Streetshares. Being a Veteran in need of some help to keep my little owner operator trucking buisness running, I gave Streetshares a call. Once I informed them I was an owner operator truck driver, oh sorry we dont do any buisness with trucking companies at this time. Thanks for the help.
Kenoshia Jackson
GBAfter giving all my info After giving all my info, I NEVER received a call with a status on the application. Finally, I call them to see if I "qualified," for a loan. The guy looks up my application or whatever and then asks how much do I make a year personally, apparently you have to make at least $25,000 a year, to qualify for a loan. I asked him, well, that's not what is advertised- what streetshares advertised is, if you have bad credit you still can qualify for a loan." The only thing he says is, "sorry we can't go any further." They didn't offer any assistance whatsoever, and a lot of the reviews online are fake. The guy didn't give me two minutes before telling me there was nothing he could do. Bad service, bad company and bad advertisement.