On Thursday, January 12, Percent hosted the first Quarterly Investor Update of 2023, featuring Percent’s Founder and CEO Nelson Chu, and President, Prath Reddy, CFA, in a presentation moderated by Chief Marketing Officer, Jessica Zall. This session included: View the recording of this webinar below. Additionally, the slides used in the presentation are available for […]
As rising rates and volatile markets continue to plague investors, returns are hard (but not impossible) to find. The search for yield has led investors to explore alternative investment strategies like private credit for higher yields, shorter durations, and low to no correlation to traditional equity and fixed income markets. Once only available to institutional […]
Quiq Capital was founded in the midst of the pandemic. How was it founded, and what was it like to start a company during such a time of uncertainty? While the platform has been around since 2018 in a less formal manner, Quiq Capital was formalized in 2021 by a group of investment professionals who […]
2022 brought new challenges to companies raising capital in public and private markets alike. The cost of capital rose, as did execution risk, with increased market volatility. In certain industries like cryptocurrency, specific events ravaged markets. Overall, most borrowers on the Percent platform have managed the change in circumstances well; but, for good reason, many […]
Read More… from The 2022 Rollercoaster: Percent’s Borrower Retrospective
Once again, year-end is just around the corner. That means, despite many other demands, it’s time to wind down this year’s investment activity and prepare for next year. You may want to: Since some of these are time sensitive with a December 31 deadline, we’ll review them based on urgency. Maximize tax-related options Most tax-related […]
Fresh Funding is a New York-based provider of financing to small and medium-sized businesses (SMBs) across the U.S. Since 2016, Fresh Funding has provided more than $15 million in capital solutions, leveraging a proprietary data-driven underwriting platform and a funding and servicing process with robust risk controls. How has Fresh Funding been able to help […]
The Smarter Merchant was founded in 2013. With nearly a decade of operations, The Smarter Merchant endured a pandemic as well as current conditions of unprecedented rising rates. What has allowed The Smarter Merchant to still perform during punitive macro conditions? We watch for emerging trends on Wall Street, which typically translate to Main Street […]
As a significant investor in our existing Percent Venture Loan, “PCT1 2022-1”, we wanted to inform you of the note’s upcoming rollover. Concurrent to Percent’s Series B capital raise of $25MM, of which $20MM has officially closed, the Company will look to refinance the offering into a new note, PCT Venture Loan Sr. 2022-2 (“PCT1 […]
Read More… from Percent Venture Debt – December Rollover – Investor Interest Survey