WASHINGTON, March 3, 2015 /PRNewswire/ — Peer-to-peer lender StreetShares announced today the appointment of General George Casey to its Board of Advisors, effective immediately. Casey’s appointment expands the Board to three members, alongside Fenway Summer, LLC’s Managing Partner, Raj Date, formerly of the CFPB, and SoFi Co-Founder, Pete Hartigan.
Casey previously served as the Chief of Staff of the U.S. Army, leading an organization of more than one million men and women with a $200+ billion operating budget. His extraordinary 41-year military career included command of the Multinational Force-Iraq, a coalition of more than 30 countries and numerous Army commands.
“I am committed to ensuring the contributions of the men and women of our Armed Forces are not forgotten, and that this country does everything possible to leverage their experience and leadership,” Casey said. “StreetShares helps our veterans fund and build their own small businesses. I stand behind that mission 100 percent.”
As an internationally-recognized authority on strategic leadership, Casey currently serves as a Director at Georgetown University, as a Distinguished Senior Lecturer of Leadership at the Johnson Graduate School of Management at Cornell University, and lectures internationally on leadership to national and multinational corporations and at other business schools, including Yale and the Universities of Denver and North Carolina. Casey also serves on several corporate boards.
“We are honored to have General Casey join our team,” StreetShares CEO Mark L. Rockefeller said. “Approximately one in every nine small businesses in America is veteran-owned. Our goal is to fund the next great generation of veteran entrepreneurs. General Casey shares that goal, and his experience will help us better serve our fellow veterans.”
Since launching in 2014, StreetShares formed the nation’s largest coalition of veteran-focused entrepreneurship organizations. StreetShares’ veteran partners and affiliates include leading services organizations, tech incubators and small business training programs, who collectively boast a member population of more than two million veterans.
StreetShares is an affinity-based small business lending marketplace that connects small business owners with qualified retail and institutional investors. Investors compete in an online auction to fund portions of the requested loan, and StreetShares combines the lowest bids into a single loan. StreetShares blends peer-to-peer lending with traditional banking. While open to all small business owners, StreetShares is veteran-owned and has a particular focus on funding veteran-owned business.