Pearl Capital Business Funding
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Pearl Capital Business Funding - overview
Established
2015
Location
New York, NY, US
Primary Industry
Financial Services
About
Pearl Capital Business Funding provides innovative fintech solutions focused on merchant cash advances, catering to underserved small businesses across the United States. Founded in 2015 in New York, US, Pearl Capital specializes in providing financial solutions to small businesses via merchant cash advances. The company has completed three deals since its inception, with the most recent deal occurring on June 21, 2017. The latest funding round of USD 20.
00 mn was led by Arena Investors, marking the total amount raised by the company at USD 20. 00 mn. Lauren Devereux is the founder, while Sol Lax serves as the CEO. Pearl Capital specializes in providing fintech solutions through merchant cash advance (MCA) services aimed at under-banked and credit-challenged small businesses across the United States.
Their core offerings include tools to streamline funding processes for Independent Sales Organizations (ISOs) and their merchant clients, featuring a proprietary Price Calculator, Real-Time Performance Dashboard, and a White Label Solution to deliver customized MCAs. With flexible financing options and minimal credit requirements, Pearl Capital serves a broad client base across various underserved industries. Pearl Capital generates revenue primarily through merchant cash advances facilitated by its ISOs network. The transaction model involves ISOs partnering with Pearl Capital to secure funding for their merchant clients, realizing a commission-based income structure based on deal volumes and values.
Their flagship White Label Solution allows ISOs to brand and manage their funding services, contributing to revenue from flexible terms and efficient processing. Advanced pricing strategies enhance their competitive edge and transaction efficiency, fostering strategic alliances that support sustained revenue growth. Pearl Capital plans to enhance its offerings by developing new products designed to improve the funding process, with specific release dates to be announced. The company is looking to expand into new geographic markets, targeting regions that have previously been underserved by conventional financing, with efforts expected to ramp up following their recent funding round on June 21, 2017.
The USD 20. 00 mn raised will be utilized to support these expansions and product developments.
Current Investors
Capital Z Partners, Arena Investors
Primary Industry
Financial Services
Sub Industries
Consumer Finance
Website
https://pearlcapital.com
Total Amount Raised
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Pearl Capital Business Funding - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Pearl Capital Business Funding | - | ||||||||
| Buyout | Completed | Pearl Capital Business Funding | - |
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