Page 1 of 4 1234 LastLast
Results 1 to 10 of 38

Thread: Pearl Capital (NY)

  1. #1
    Join Date
    Mar 2010
    Posts
    111

    Default Pearl Capital (NY)

    Has anyone used these guys? There supposed to be a boutique MCA that offers advances for businesses that don't accept credit cards or are usually restricted industry.

  2. #2
    Join Date
    Jun 2010
    Location
    Houston Texas
    Posts
    405

    Default

    do they wear Pearl Necklaces?


    I'm sure they are ISO's and not direct lenders. I'll look in my data book and see what I can find.

  3. #3
    Join Date
    Mar 2010
    Posts
    111

    Default

    Quote Originally Posted by GGRHouston View Post
    do they wear Pearl Necklaces?


    I'm sure they are ISO's and not direct lenders. I'll look in my data book and see what I can find.
    I've gotten a few approvals from these guys, there contracts list there DBA. Haven't funded anything quite yet.

  4. #4

    Default

    They are direct funders and do all types of advances, from starter deals through cash only businesses. Smart group of guys doing in the right way and out of the box as well.

  5. #5
    Join Date
    Aug 2008
    Location
    Louisville
    Posts
    832

    Default

    the smaller funders are the one's i am seeing doing more out of the box SIC deals, and, "cash only" business programs with fixed repays/ach. the smaller companies are capitalizing on what the larger one's are slow to move on. Lot's of innovation coming from funding organizations right now. as they say, innovation drives growth-

  6. #6
    Join Date
    Feb 2009
    Location
    NYC
    Posts
    701

    Default

    Quote Originally Posted by Iroc_Iroll View Post
    Has anyone used these guys? There supposed to be a boutique MCA that offers advances for businesses that don't accept credit cards or are usually restricted industry.
    They are a direct lender and yes, they will entertain all sorts of kockamamie paper. Usually starter-type deals though, but unlike other starter programs, offers can and will go UP with each renewal.

  7. #7

    Default

    How can you identify if a company is an ISO or a direct lender?

  8. #8
    Join Date
    Mar 2010
    Posts
    111

    Default

    Quote Originally Posted by Just Curious View Post
    How can you identify if a company is an ISO or a direct lender?
    Usually most direct lenders will make a point to label that fact on there website as well once you get a deal approved with them the docs should list the company information on them.

    If your looking for more tangible proof, there's been a list put together on these and other forums of verified direct lenders.

  9. #9

    Default Pearl

    Quote Originally Posted by Iroc_Iroll View Post
    Has anyone used these guys? There supposed to be a boutique MCA that offers advances for businesses that don't accept credit cards or are usually restricted industry.
    They are graduates of Second Source University! Doing unique ACH deals.

  10. #10
    Join Date
    Nov 2008
    Location
    Washington D.C. Area
    Posts
    110

    Default

    via greensheets below:

    "New York, Feb. 3, 2011 -- New York, NY based Pearl Capital a boutique cash advance fund specializing in hard to fund deals hires Danny Kay to head up its risk and underwriting department. Danny previously worked at industry titans 2nd Source Funding and Factor Funding.

    According to Abe Zeines, CEO of Pearl Capital “as we continue to grow our business every day we are excited to have the opportunity to bring on someone with Danny’s expertise to supervise our entire risk process”.

    Isaac Stern, Managing Director of business cash advance ISO Yellowstone Capital said “we are extremely pleased to renew our funding commitments through Pearl Capital and are very happy that they have brought on someone with the credentials that Danny possesses.

    For additional information please contact Abe Zeines 718-755-9286 abe@pearlcash.com"
    Jason Fullen
    NVMS, Inc.
    703.361.6262 x129
    jfullen@nvms.com
    www.nvms.com

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •