Golden Pear Debt Website

Golden Pear Funding, LLC Closes New $150 Million Senior Secured Credit Facility

Golden Pear Funding (“Golden Pear” or the “Company”) recently closed a new $150 million senior credit facility with a leading lender to the specialty finance sector. Founded in 2008, Golden Pear has quickly developed into the top pre-settlement funding company in the United States, funding over [$200] million dollars in legal advances nationwide.  “This new facility provides us access to significant capital and flexibility to position Golden Pear to take advantage of the market opportunities in litigation finance including buying and/or establishing exclusive joint ventures with other litigation funding companies, purchasing portfolios, expanding our geographic footprint and accelerating our growth” said Jeffrey Cohen, CEO of Golden Pear.

This financing will provide Golden Pear a credit facility with a higher effective advance rate and a longer term to replace its existing credit facility, as well as with access to significant amount of additional capital to fund the Company’s continued growth for the foreseeable future. The new senior facility will offer Golden Pear the flexibility to expand into adjacent areas and to effect securitizations of its portfolios going forward.

Bryant Park Capital acted as the exclusive financial advisor to Golden Pear.

“Bryant Park Capital helped our company secure what we believe to be the largest senior credit facility in our niche industry. Their team was focused, timely, creative, trustworthy and consultative throughout the entire process.  Bryant Park Capital negotiated vigorously on our behalf and did not compromise our company’s position, but rather improved it significantly vis-a-vis our existing senior credit facility from term sheet to closing. We applaud their results-driven approach and retain their services as our exclusive investment banking firm of choice,” said Rich Palma, COO 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.