Company overview
HQ · Miami Beach, FL
Merchant Cash AdvanceBusiness Term LoanRevenue Based FinancingJunior DebtWorking Capital
PIRS Capital, LLC is a financial services company specializing in alternative business lending, with a focus on Merchant Cash Advances (MCAs) and business term loans. They position themselves as a provider of rapid working capital for small and medium-sized businesses, leveraging proprietary technology like their 'PIRScore' for quick underwriting and funding.
Company focus
- Headquarters
- Miami Beach, FL
- Founded
- 2021
- Employees
- 11-50
- Excluded industries
- Real Estate Rental & Leasing, Motor Vehicle Wholesale, Motor Vehicle Dealers, Lawyers, Accountants, Travel Agencies, Casinos/Gambling, Limo/Taxi Service, Financial Services, Non-profits, Auto Sales
- Specialties
- Proprietary 'PIRScore' credit model for underwriting that analyzes real-time business performance, allowing for approvals based on business health rather than just FICO scores., Rapid funding timelines, including a 4-hour approval process and the availability of same-day funding., Formalized renewal and 'Add-On programs' for existing clients, which the company promotes as a strategic alternative to stacking additional loans from other lenders., Specialization in the e-commerce sector, with an underwriting model specifically adapted to analyze data from platforms like Amazon FBA, Shopify, and Walmart., A comprehensive 'PIRS Portal' for ISO/broker partners, enabling them to manage the entire deal lifecycle, from submission and document management to direct communication with underwriters.
Reported eligibility
- Minimum credit score
- 500
- Monthly revenue from
- $10,000
- Time in business (months)
- 6
- Accepts stacked positions
- No
Funding & terms
- Funding from
- $2,500
- Funding up to
- $5,000,000