Pearl Capital Reviews and Complaints: The Record

Pearl Capital's website describes the company as a provider of "short term capital advance solutions for under-banked and credit-challenged businesses." It says it has provided "over 23,267 financings to small businesses across the country" and handles "deals up to one-million dollars." These are the company's figures. We have not verified them.

Most of the site is written for brokers rather than merchants. It describes an ISO portal, a price calculator, a syndication program and a "white label" program that lets brokers run their own merchant cash advance brand on Pearl's platform. It says Pearl welcomes "all small businesses with at least 3 months operational history and any FICO score." That matters if you are trying to work out who you dealt with: a merchant funded by Pearl may have spoken only to a broker, not to Pearl.

The site's terms of use name Pearl Capital Business Funding, LLC and give a customer service address at 100 William Street, Suite 900, New York, NY 10038. The BBB lists the same company at 525 Washington Blvd, Floor 22, Jersey City, NJ 07310. Pearl's about page lists Solomon Lax as Chief Executive Officer, John Diamond as President, and Oded Segev as CFO, COO and Head of Asset Recovery.

Court records use more than one entity name with "Pearl" in it:

We have not confirmed from a primary record that all of these entities belong to one company. Pearl Delta Funding, LLC, which is named alongside Pearl Capital Business Funding, LLC as a co-defendant in No. 25-03111 (Bankr. W.D.N.C.), has its own page on our site. For your purposes, the entity named in the first paragraph of your agreement is the one that governs.

The single complaint on the BBB file, dated April 2, 2025, came from a business owner who says they had a loan from Pearl more than ten years earlier, sold the store, and expected the buyer to pay the balance. When the buyer did not, the owner says they paid once they learned of it, but that Pearl had filed a judgment and reported it to a third-party database, which the owner says now makes it harder to get funded. The complaint is marked unanswered. Complaints are the filer's account and are not verified, but it is a useful reminder: a balance that follows a business through a sale can still end in a judgment against the original owner and guarantor.

2016, Westchester County. In Pearl Capital Rivis Ventures, LLC v. RDN Construction, Inc., 54 Misc. 3d 470 (Sup. Ct. Westchester County, decided October 25, 2016), Pearl sued RDN Construction. Published summaries of the decision report that, after granting Pearl a default judgment, the court held a hearing on damages and treated the advance as a loan rather than a purchase of receivables and found it criminally usurious, noting that Pearl could not point to a non-recourse term, that the owner had given a personal guaranty, and that the contract implied an interest rate of about 180% a year; the court denied Pearl any recovery.

2018, Appellate Division, First Department. In Champion Auto Sales, LLC v. Pearl Beta Funding, LLC, 159 A.D.3d 507 (decided March 15, 2018), merchants asked the court to vacate a judgment entered by confession under a Pearl Beta Funding agreement. The appellate court affirmed dismissal of their complaint, holding that the evidence showed the agreement was not usurious.

Read together, the two cases show why the wording of your own agreement matters more than the label on it. Whether a reconciliation clause exists and actually works, whether the funder bears the risk if the business fails, and whether a confession of judgment was signed all decide how a court will treat the contract. Our guide to confessions of judgment and merchant cash advance agreement guide explain what to look for.

Docket listings show that a case was filed, not who won it, and allegations are not findings.

On its own description, Pearl serves businesses that banks turn down: short operating histories, low credit scores and fast deadlines. Those are also the businesses with the least room if a second advance is added on top of the first. If you are considering a Pearl offer, compare the total payback with the cash you will actually receive after fees, ask the broker which entity will sign, and read the reconciliation and default sections before you sign anything.

1. Collect every agreement you signed, including any broker or consulting agreement, and note the Pearl entity named on each.
2. Pull your payment history and total what you have paid against the purchased amount.
3. Check for a personal guaranty, a confession of judgment and a reconciliation clause.
4. Ask for a reconciliation in writing if your revenue has fallen and the contract allows it.
5. Blocking debits or moving your account can be treated as a default under many agreements; check your contract before acting. Our article on whether you can stop daily MCA payments explains why.

If several advances are draining your account at once, a structured settlement may be an option. Talk to Business Debt Adjusters about your agreements before you miss a payment.

• Pearl Capital Business Funding LLC, Better Business Bureau profile, read October 22, 2026.
• Pearl Capital Business Funding LLC complaints, Better Business Bureau, read October 22, 2026.
• Pearl Capital on Trustpilot, read October 22, 2026.
• Pearl Capital, About Us, and Terms of Use, company website.
• Pearl Capital Rivis Ventures, LLC v. RDN Construction, Inc., 54 Misc. 3d 470 (Sup. Ct. Westchester County 2016), CourtListener citation.
• Champion Auto Sales, LLC v. Pearl Beta Funding, LLC, 2018 NY Slip Op 01645, 159 A.D.3d 507, New York Official Reports.
• Cohen v. Pearl Capital Rivis Ventures LLC, 2026 NY Slip Op 30077(U), Justia.
• Pearl Capital Business Funding LLC v. Pastor, No. 2:26-cv-08548 (D.N.J.), docket listing.
• Calderin v. Pearl Capital Business Funding, LLC, Adv. No. 21-01207 (Bankr. S.D. Fla.), docket listing.
• CourtListener RECAP search for "Pearl Capital Business Funding", run October 22, 2026.