[MCNetwork]

Why use them then?

Because they can fund the deals even Yellowstone won't touch. The risk justifies the high rates.

[NoBigDeal]

Because they can fund the deals even Yellowstone won't touch. The risk justifies the high rates.

Pearl's "D" graded deals are priced between a 1.37 and 1.57. It's possible the client was priced that way if that's how Pearl graded the merchant, however it's always up to the broker where to sell the factor. If sold at a 1.57, I'd imagine the broker got max commission.

For the record, those aren't the kind of deals Pearl is going crazy over in order to fund. They just got a nice line of credit for their higher quality paper and are now doing 1.25 buy rates over 12 months on those kind of deals
They also have a promotion this month for an extra 4 point bonus (on funded) for any deal over 40k.
PM me if you're not signed up already, or reach out to your reps to find out more

[mcaguru]

Because they can fund the deals even Yellowstone won't touch. The risk justifies the high rates.

I cant talk for Yellowstones UW but I can tell you "I doubt" Cresthill Capital would decline a file that Pearl would make an offer on...but everyone is a friendly competitor and my hats off to anyone and everyone looking to dart wires at small merchant USA in need of capital.

[Michael I]

I cant talk for Yellowstones UW but I can tell you "I doubt" Cresthill Capital would decline a file that Pearl would make an offer on...but everyone is a friendly competitor and my hats off to anyone and everyone looking to dart wires at small merchant USA in need of capital.

and your fees on a 10k deal is ? also whats your cap on funding ?

[mcaguru]

and your fees on a 10k deal is ? also whats your cap on funding ?

probably from the lowest in the B-D funding space.