StreetShares is one of the most transparent online business lenders and has never charged prepayment penalties or hidden fees. To make its product even more transparent, StreetShares is now offering a small business product where absolutely no fees will be charged on small business loans or lines of credit.
StreetShares has created a zero-fee product with a low, straightforward interest rate, allowing business owners to more clearly understand the cost of credit.
In addition to this zero fee offering, StreetShares is also providing a four-week interest rate rebate to small business owners. With this rebate, if borrowers choose to pay off their loan or line of credit draw in the 4 week period, they can do it without being assessed a single fee or finance charge.
StreetShares is launching these zero-fee products for an introductory period from April 1st through May 31st, 2019.
“StreetShares is a veteran-run company, and in that spirit, we want to provide the most transparent and fair business lending products that benefit entrepreneurship across the U.S.” said Mark L. Rockefeller, CEO/co-founder of StreetShares and an Iraq War Veteran.
StreetShares has provided over $150 million in financing for small business through term loans, the “Patriot Express” lines of credit, and specialty financing products for government contractors.
Rockefeller added. “Our mission is to be the trusted financial solution for America’s heroes and their communities; this offering will help us achieve that.”
