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Pioneer Capital Group Launches Expansion Strategy

August 29, 2019, 07:10 AM
Filed Under: Company Announcements

Pioneer Capital Group announced a major expansion of its capacity to provide financing solutions for small to mid-sized businesses (SMBs). The company has added staff, relocated to the historic Ponce City Market in Atlanta, and expanded its customer service and acquisition strategy.

Led by an executive team that brings more than two decades of experience working together to serve more than 100,000 SMBs, Pioneer Capital Group is strategically positioned to provide even greater service to even more businesses across the United States.

The SMB community continues to be underserved when it comes to securing the working capital needed to help them grow. While traditional banks have recently increased their approval rates, many SMBs are still not receiving financing from traditional sources. To meet that robust demand, Pioneer Capital Group is expanding to provide comprehensive services and support.

With the company’s new online presence, SMBs can learn more about the full-suite of funding options available including:

  •  Short-term bridge financing
  •  Working capital
  •  Term loans
  •  Equipment Financing and more

“We don’t make algorithm-driven decisions when a small business owner comes to us for financing, we listen to them and provide strategic advice on the options available based on their unique needs,” said Russell Dash, President, Pioneer Capital Group. “The SMB community continues to struggle to find working capital while the demand is still very high. We help SMB owners make the right choice - one that’s in their best interest over the short and long-term.”

An established business recently came to Pioneer Capital Group with a time-sensitive need that bank financing would have been too slow to fill. The New York-based security company was in good standing and had just landed a large contract. In order to hire the staff it needed to service the new customer, the company needed to secure financing quickly and turned to Pioneer Capital Group.

"This contract was a huge growth opportunity for the company, but it was important for them to start staffing and hiring right away, especially because they needed to screen employees given the nature of security work,” said Tom Briggette, Chief Operating Officer, Pioneer Capital Group. “We understood their needs and were able to quickly connect them to a $1 million line of credit, which enabled them to start building capacity immediately and fund their growth until customer payments started coming through. The bottom line is we listen to every business owner who comes to us for working capital or who needs funding for an opportunity or unexpected expense, and dig as deep as we can to help them find the best possible financing solution.”

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