WASHINGTON, March 7, 2017 /PRNewswire/ -- As part of the statewide California bizWin™ and VetBizWin™ Initiatives, StreetShares has partnered with Nor-Cal FDC (Northern California Financial Development Corporation) to provide contract financing and small business lending solutions to California small and veteran-owned businesses.
As a Nor-Cal FDC premium partner, StreetShares will work with the Nor-Cal FDC Small Business Finance Support Team to assist small business and veteran business owners in obtaining funding needed to win new opportunities.
Nor-Cal FDC continues to lead California's Financial Development Corporations in job creation and economic impact. Over the past 10 years, Nor-Cal FDC's Programs have resulted in creating thousands of jobs in the San Francisco Bay Area, Silicon Valley and throughout the state.
"As part of GO-biz (Governor's Office of Business and Economic Development) and California I-Bank network of FDCs, Nor-Cal FDC recognizes the importance ensuring small and veteran businesses have access to tools, information and resources for sustained success," said Douglas Mackbee Sr., Nor-Cal FDC Corporate Strategy and Platform Architect. "Our goal is to provide California businesses with access to transparent, fast, fair and competitive funding options like StreetShares," said Mackbee.
"We're excited to partner with Nor-Cal FDC to deliver small and veteran businesses with educational tools and valuable business related resources," said Mark L. Rockefeller, CEO and Co-Founder of StreetShares. "We're eager to provide veteran-owned small businesses with the funding solutions they need to grow."
The StreetShares membership community has reached 30,000 members and is growing quickly. StreetShares has earned federal, state and regional recognition for leadership in the military and financial community so far in 2017, including Rockefeller's appointment to the SBA's Interagency Task Force on Small Business Development.
StreetShares is America's leading small business funding membership community for veterans and the military community. Business owners get fast, affordable business loans and lines of credit up to $100,000 and government contract financing up to $500,000 through investors who support their businesses. Investors earn solid returns. Membership is free. StreetShares is veteran-run and located outside of Washington, D.C.
About Nor-Cal FDC
Since 1978 Nor-Cal FDC has delivered more than $3 Billion in small business financing. Nor-Cal FDC provides access to capital solutions to more than 3.6 million small businesses throughout California. Nor-Cal FDC is a state chartered and licensed Financial Development Corporation.
Shauna Vo Pulayya