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%.....
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.
Warren Mells
GBIt was a hard road but hard work, as always, paid off... I want to personally thank the VP in charge of Marketing and Business Development, David Bann for reaching out to me and listening to my initial upset. His call was worth getting the Funds, even if I don't get funded. Street Shares is going through a growth phase and there was no mistake that how my account was handled was a reflection of a 'Perfect Storm' of internal changes and a Maternity Leave. David was great at listening to my 'Case' and we left the call in a great place with mutual respect and the relationship in tact. BTW, if you read up on David you'll see what a fine young man he is with a legacy of Service and Education.
Brian Simms
GBReturns down since removing selective investing... My returns have dropped significantly since you removed selective investing. If I am understanding my investing options correctly I have to invest in a broad selection of loans not just individual ones. You have too many questionable loans that will default - if someone isn't willing to provide their public name and info they are less likely to keep their word to pay off their loan.
J P
GBAlas, it is another experience to put in my rear view mirror with regret... I thought this would be a great online lender based on positive reviews. Instead I must warn other small businesses from considering this option. It sounds good, but the actual experience is exactly what other low rated reviews have been confirming... you will pay high upfront fees. Incredibly high interest rate. And no loyalty from the lender for performance and track record. I wanted to like this company, I really did, but alas it is another experience to put in my rear view mirror with regret. Go elsewhere for your lending needs. Do not allow this business to take advantage of your growing business and rope you in with false words.