Compare
Revenue-based advances, frequently used for second-position files.
✓ Checking what you qualify for does not affect your credit score.
Revenue-based advances, frequently used for second-position files.
Pearl Capital does not publish a full threshold sheet, so the honest comparison is against numbers that are published.
Three products behind one application, each threshold published: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits; 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance; renewal at 550 FICO, 2 years in business, once 50% of the original balance is repaid.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Line of credit $10,000 to $350,000, from 1% per month on the drawn balance, 2.49% per draw.
Term loan $10,000 to $250,000, 0% origination, weekly payments, 50% off remaining interest on a full early payoff.
MCA refinance $10,000 to $100,000 on a position with a balance of $100,000 or less.
It depends on the file. Every threshold here is published before you apply, so you can check rather than guess.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision, next business day funding on a complete file.
No.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
