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Home : Pearl Capital Funds Largest Deal Since Inception |
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Oct 03 2014 |
Pearl Capital Funds Largest Deal Since Inception |
NEW YORK, NY--(Marketwired - October 03, 2014) - This week Pearl Capital funded a $500,000 advance to a Commercial Trucking Insurance provider, their 3rd
round of financing from Pearl Capital and the largest single advance in Pearl's history. The representative who managed the deal, Esther Anatian, mentioned that this particular deal is indicative of more to come from Pearl. "The deal is noteworthy for several reasons aside from being the largest to date; it features a 7 month term despite the fact that the business is both traditionally high-risk as well as a cash-only business which does not process credit cards, and as we continue to grow, these larger, longer term deals will become more and more common." |
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Source:http://www.marketwired.com/mw/release.do?id=1953343&sourceType=3 |
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