INDICATIVE OF A SLOW I DO KNOW
IN THE GLOBAL ECONOMY JOINING
US RIGHT NOW IS STREET SHARES
COFOUNDER CEO FORMER CAPTAIN
IN THE AIR FIRST TO MARK
ROCKEFELLER THANKS SO MUCH FOR
JOINING US.
>> THANKS FOR HAVING ME.
>> WHAT IS YOUR TAKE ON
MARKETS WHAT WE'RE SEEING THIS
WORRY OVER A SLOWDOWN IN
ECONOMIC GROWTH, IMPACTING
PROFITS, THAT IS WHAT YOU
TAKEAWAY FROM THE O SELL-OFF
IN OIL FOR THIS WORRY IN TERMS
OF OF THE VOLATILITY IN THE
MONTH OF OCTOBER?
>> WE HAVE -- FOCUSING ON
FUNDING SMALL BUSINESSES, AND
SO WITHIN THAT SECTOR THERE IS
A LOT OF OPTIMISM ALMOST
POSITIVE, YOU HAVE LATEST
STATS FROM SURVEYS HAVE COME
OUT POSITIVE ON MAIN STREET
VERY BULLISH.
>> STEVE FORBES HERE IN TERMS
OF START-UPS, NOAA BUSINESSES
COMING INTO BEING, SEEMS IN
2018 WE'VE HAD A SHARPER
REVERSAL OF THE DOWN FALL IN
THE LAST GENERATION WHEN NEW
BUSINESS FORJS VERY LOW BY
HISTORIC STANDARDS IS THAT
GOING TO CONTINUE THIS SURGE
OF START-UPS.
>> I THINK IT IS OUR FOCUS
THIS IS PARTICULAR VETERAN
OWNED SMALL BUSINESSES.
AND SO YOU SEE VETERANS COME
BACK FROM FOREIGN BATTLE
FIELDS MYSELF IN IRAQ START
BUSINESSES, THIS IS GOING ON
FOR SEVERAL DECADES AFTER
WORLD WAR II WE HAD 49% OF
THAT GENERATION COME HOME AND
-- START A BUSINESS, WE ARE
SEEING THAT NOW WITH MY
GENERATION IRAQ AFGHANISTAN
GENERATION AS WELL.
>> ANY PARTICULAR AREAS OR IS
IT ACROSS THE BOARD THAT THE
VETERANS GO INTO.
>> ACROSS THE BOARD YOU SEE A
LOT IN SERVICES FINANCIAL
SERVICES CONSTRUCTION I.T.
GOVERNMENT CONTRACTING COME
BACK WITH SECURITY CLEERNGS
EXPERTISE MAKES SEASONS TO GO
BACK TO THE GOVERNMENT TRADE
SERVICES.
YOU SEE, MAIN STREET RETAILERS
ACROSS THE BOARD FRANCHISING
BIG AS WELL.
>> YOU ISSUED MORE THAN 3,000
LOANS SINCE STARTING DO YOU
HAVE SUCCESS STORIES OR ANY
KINDS OF STORIES WE LOVE TO
HEAR ABOUT PEOPLE COMING BACK
REALLY THRIVING?
>> YES ABSOLUTELY, IN FACT WE
HAD A PARTY AT OUR OFFICE TWO
WEEKS AGO, AND WE HAD TWO OF
THE GREAT VETERAN
ENTREPRENEURS THAT WE HAVE
FUNDED COME BACK TELL THEIR
STORIES, AND THEY TOLD US WE
WOULDN'T BE HERE WITHOUT
STREET SHARES.
THE CHALLENGE COME BACK FROM
BATTLEFIELD TRY TO START
BUSINESS I CAME BACK FROM IRAQ
SUMMER 2008 RIGHT WHEN CRISIS
WAS STARTING UNIQUE THINGS FOR
MY GENERATION OF VETERANS WE
CAME BACK TRYING TO START
BUSINESSES IN THE WAKE OF
FINANCIAL CRISIS BANKS SIMPLY
WEREN'T THERE FOR THEM STREET
SHARES SFWHOOSHGD WHY AREN'T
BANKS THERE MARK IT IS DAGEN
MCDOWELL WHY AREN'T THEY THERE
WHEN RATES ARE STILL EXTREMELY
LOW, MONEY TO LEND IS
PLENTIFUL WHY DON'T THEY STEP
UP IT SEEMS LIKE A GREAT
BUSINESS PROPOSITION.
>> I THINK THEY ARE COMING
BACK NOW, THAT AT LEAST AFTER
THE CRISIS REALLY WEREN'T
THERE THERE WAS A SURVEY THAT
JUST CAME OUT LAST WEEK FROM
THE SBA SHOWING LEND TO GO
VETERAN OWNED SMALL BUSINESSES
IN PARTICULAR WAS BEHIND THE
CURVE, I THINK THERE IS A LOT
OF UNCERTAINTY, IN SOME CASES
VETERANS IN TERMS OF CREDIT
WORTHINESS SOMETIMES BETTER
THAN% SOMETIMES THEY DON'T
DIVORCE RATES CAN BE HIGHER I
MOVED NINE TIMES IN MILITARY
NOT PAYING ON A MORTGAGE 30
YEARS SOME THINGS MAKE UNDER
WRITING VETERANS DIFFERENT
STREET SHARES HELPED DEVELOP.
>> ARE OBTAIN REGULATORS MORE
SENSITIVE, IS THERE SOME
MOVEMENT THERE?
>> THERE REALLY ISN'T THEY ARE
TREATING VETERANS ONE THE SAME
AS ANYONE ELSE, WE ARE A THIN
TECHNICAL COMPANY WE ARE NOT
REGULATED BY BANK REGULATORS
GIVES US AN ADVANTAGE WE CAN
BE FASTER MORE AGILE MAKE SURE
THAT GREAT VETERAN
ENTREPRENEURS GET FUNDING THEY
NEEDED.
>> MARK THANK YOU SO MUCH FOR
YOUR SERVICE TO OUR GREAT
COUNTRY.
>> THANK YOU VERY MUCH.
>> MARK, AND THANK YOU TO ALL