Golden Pear Funding (“Golden Pear” or the “Company”), one of the top national legal advance companies in the United States, recently closed a senior credit facility for Golden Pear Funding III (“GPIII”), a separate legal entity, with a leading alternative lender.
Founded in 2008, the fast growing Golden Pear has developed into the leading pre-settlement funding company, funding close to $200 million dollars in legal advances throughout the United States. Golden Pear’s industry-leading management team, experienced sales force and proprietary CRM systems have fueled the Company’s rapid growth.
This new facility provided funding flexibility for the Company while negotiating an increase in its existing senior facility, which it has subsequently successfully completed.
“Working with Bryant Park Capital has been a pleasure. Their attention to detail and knowledge in the specialty finance space made this a seamless transaction. Golden Pear is looking forward to a long lasting partnership,” said Jeffrey Cohen, CEO of Golden Pear Funding.
About Golden Pear Funding
Golden Pear Funding is an originator of pre-settlement advances in the United States. Golden Pear provides non-recourse advances against potential settlements of legal claims. Legal advances are a way for plaintiffs with strong personal injury cases to receive cash up-front to support living costs. The advances are not used for legal fees and enable plaintiffs to properly negotiate a legal settlement. For more information about Golden Pear, please visit www.goldenpearfunding.com.
About Bryant Park Capital
Bryant Park Capital is an investment bank providing M&A and corporate finance advisory services to emerging growth and middle market public and private companies. BPC has deep expertise in the specialty lending and financial services industries and has arranged lines of credit, raised growth equity and assisted in mergers and acquisitions for its clients in a number of the specialty finance subsectors. Our professionals have completed approximately 400 assignments representing an aggregate transaction value of over $80 billion.