The Business Group: Alternative Finance Division of Shearson Capital was founded as a direct response to the credit tightening from the financial crisis affecting small and midsize businesses. We aim to bring honor to our rich history by delivering the business owner a uniquely non-bank experience consisting of:
- A name you trust
- Prompt communication
- A simple application
- Clear qualifications
- Definitive answers
- Consistent customer support
- Available in the US and Canada
HOW WE'RE DIFFERENT
We pioneered the multiproduct approach to alternative finance. At Shearson Capital, our representatives will help explore a myriad of financing sources with a simple streamlined application process. No other capital provider offers the array of options found at Shearson Capital. When it comes to alternative business finance – it takes a “can do” attitude and a lot of options to give entrepreneurs the leg-up they need in today’s economy. Don’t settle for a single offering capital provider with a name you’ve never heard of; come and experience the Shearson Capital difference.
Edward Shearson (born August 13, 1864 - died October 30, 1950) was a banker, millionaire and founder of Shearson, Hammill & Co., which was among the largest brokerage and investment banking firms in the United States. Shearson, who was raised in Ontario, Canada began his career as an auditor for the Wisconsin Central Railroad before taking a position in the steel industry in 1898. Before forming Shearson, Hammill & Co. with Caleb Wild Hammill in 1902, Shearson had served as comp troller of U.S. Steel and of Federal Steel Company before that. Shearson was an active member of New York society. Shearson, Hammill merged with Hayden Stone, Inc. in 1974 and the combined firm was named Shearson Hayden Stone, retaining Shearson's name, which was widely recognized as a major underwriter and brokerage. The Shearson name was finally abandoned in 1994 following Primerica's acquisition of Shearson from American Express. Although initially Primerica had intended to brand its retail brokerage business as Smith Barney Shearson, the Shearson name was dropped. This unique lineage has given inspiration to a new generation at Shearson Capital to revive the name in a new form and return it to its entrepreneurial founding and principals it once stood for. Our unique new business and products pays homage to this legacy.
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