Pearl Capital and The Merchant Advance

  1. Lender Overview
  2. Pearl Capital and The Merchant Advance

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

Expert Review By:

pearl capital

Pearl Capital is an alternative lender that offers a funding product dedicated to helping its customers with their cash flow. The loan is a merchant cash advance (MCA) that differs slightly from other MCAs on the market.

Pearl Capital’s ISO-powered MCA is dedicated to small businesses. It’s a highly suitable option for small business owners looking to finance their sales cycles. They offer their services to a wide range of small businesses. Pearl also serves customers with newer businesses and lower credit scores.

Pearl Capital: Special Qualities & Features

Fast Funding

If you need an MCA fast, Pearl Capital is a good place to go. They can provide you with funding within 48 hours in many cases.

No Collateral

As an MCA product, Pearl Capital’s loans don’t require you to provide collateral. That’s a good bonus to have when you’re already dealing with debt and cash flow challenges. You don’t need to worry about losing property to get funding from Pearl.

Dedicated Service

While Pearl Capital will work with a wide range of businesses, they have specific industries they work best with. They have found that their services are most beneficial to businesses in:

  • Manufacturing (overall)
  • Professional services (overall)
  • Telecommunications
  • Electronics
  • Utilities
  • Machinery
  • Technology
  • Healthcare
  • Restaurants

If you’re looking for support for your non-profit, Pearl also offers good service to organizations like yours. They also serve many religious organizations.

Specialized Offer

Pearl Capital only offers one specific kind of business financing. They offer MCAs that differ from others in a few ways.

Most MCAs are just advances on future credit and/or debit card sales. In this way, the rate you pay for an MCA is determined by your sales activity. You get a lump sum of cash in exchange for a portion of your future sales. The terms are based upon the lender’s assessment of your business.

Pearl Capital’s method is a bit different from the typical MCA’s. The main difference is in the way you pay Pearl Capital back. They don’t automatically collect money from your credit card invoices like a normal MCA. Instead, they set up an automatic payment cycle from your business bank account.

This process can be simpler than an MCA for some business owners. You don’t need to set up any separate accounts in your business. All you need is your business bank account, something every business has.

Pearl Capital Pricing & Terms

To make your decision-making process a bit simpler, Pearl has its own price calculator

Like other MCAs, Pearl Capital’s costs are determined by factor rates. Their factor rates start at 1.21 and can go as high as 1.49. The rates they offer you will depend on your business financials and FICO credit score.

These rates are quite high, as is typical for MCAs. While you have to pay quite a lot for them, you don’t need to make regular monthly payments. Instead, they will charge you directly from your business bank account.

Do I Qualify For Pearl Capital?

Pearl Capital advertises itself as a lender that is easy to access. They aren’t lying. Most business owners can probably qualify for their MCAs.

To qualify for an MCA from Pearl, you need:

  • At least three months in business
  • Minimum monthly revenue of $12,000

When you submit an application, Pearl will need your:

  • Drivers license (or other government-issued ID)
  • Banking information for the last three months
  • A voided check

There are no minimum credit score requirements for an MCA from Pearl. However, they will perform a pull on your credit score, which will help them determine the terms to offer you.

Factors To Keep In Mind


Pearl Capital doesn’t provide its services to every business. They don’t work with businesses in the following sectors:

  • Attorneys
  • Debt settlement
  • Cannabis dispensary

They will still do business with some companies in higher-risk industries. However, they will be harsher in judging businesses in:

  • Construction
  • Auto repair
  • Personal care
  • Used cars
  • Non-residential property management

A Different Way Of Determining Your Costs

The cost of an MCA is determined by a factor rate. You should pay close attention to the factor rate they offer you after you apply. Your bank account will be debited daily, so you should assess any effects it will have on your overall cash flow.

Pearl Capital: The Last Word

Pearl Capital provides quite a unique business funding product. What they offer you is an MCA, but one that is different from what you might be used to.

MCAs have some advantages over other business financing options. However, they are quite costly, and Pearl is no exception. So, if you need a fast option to cover immediate expenses, Pearl is an option worth looking into. Just remember that you are paying a high price for their speed and convenience.

Not sure where to go for a business loan? Read these quick & helpful guides:
Check out our preferred marketplace lenders.

Lender Minimum Revenue Time in Business Minimum Credit Next Steps
$100K/year 1 year 600+ See if you qualify
$10,000/mo 3 mo. n/a See if you qualify
$10,000/mo 3 mo. n/a See if you qualify
$75,000/yr 24 mo. 620+ Request Intro
Varies Varies 560+ See if you qualify

Business articles from across the web:

Previous Post
A Business Loan With Fast Approval: Reviewed
Next Post
Overview: LoanMe Business Loan