Daily News: September 8, 2017

Former OnDeck Director Joins Pearl Capital as Chief Revenue Officer

Pearl Capital Business Funding, a provider of direct financing to small and midsize businesses, hired Jared Kogan as chief revenue officer.

Kogan joined Pearl following a 10-year career in the fintech space, most recently serving as the director of OnDeck’s broker division, where he funded 10,000 loans for more than $650 million in volume and was able to grow production from $14 million to more than $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,” said 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.”