February 16, 2015
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”