PE-owned Pearl Capital recruits Kogan as chief revenue officer

Pearl Capital Business Funding, which is owned by Capital Z Partners, has named Jared Kogan as chief revenue officer. Previously, he was director of OnDeck‘s broker division. Pearl is a provider of direct financing to small and medium-sized businesses.

PRESS RELEASE

NEW YORK, Sept. 7, 2017 /PRNewswire/ — Pearl Capital Business Funding, LLC., a leading provider of direct financing to small and midsize businesses, announced today that Jared Kogan has joined the company as Chief Revenue Officer. “I am thrilled to be joining Pearl Capital and leading the sales team into a new era of success,” says Kogan.

Kogan joins Pearl following a ten year career in the FinTech space, most recently serving as the Director of OnDeck’s broker division where he funded 10,000 loans for over $650 million in volume and was able to grow production from $14 million to over $40 million per month. Prior to OnDeck, Kogan served as Vice President at Newtek, the largest non-bank SBA lender in the country.

“I have been impressed in the two years I have known Jared with his tactical ability and breadth of knowledge,” says Solomon Lax, Chief Executive Officer at Pearl Capital. “Jared is hugely talented and will accelerate Pearl’s dominance of the subprime small business financing space.”

“As the business loan market consolidates, Pearl Capital continues to stand out as a tried and true force that will persevere and thrive,” says Kogan. “Their underwriting technology and customer support are setting a new bar for the industry. I am looking forward to contributing to the company’s future growth by expanding existing partnerships and continuing to create new ones.”

About Pearl Capital Business Funding, LLC.
Pearl Capital provides innovative alternative financial solutions to the underbanked and unbanked business sector. Through its national origination platform, Pearl’s financings are available throughout the country to small and midsized business that are unable to access sufficient traditional financing from banks and non-banks lenders. Pearl Capital was acquired in 2015 by Capital Z Partners, a leading private equity investor focused exclusively in the financial services industry.