Pioneer Capital Group (PCG) concluded its first full year of operation with an impressive track record of success in its target market, small and mid-size businesses. Founded by two former Rewards Network executives, Russell Dash, Patric Palcic and business finance veteran Paul Hakim, the new company provided funding to more than 130 independent businesses, including a $2 million cash advance facility for a multi-unit restaurant group that Dash says may be the largest such deal of its type for 2013.

Dash and Palcic, with more than 30 years combined experience in aiding business owners in achieving their financial goals, and Hakim with 20 years of expertise in capital advisory and asset-based lending, attribute their early success in the growing alternative lending sector to three factors. First, PCG through their capital partners is able to offer very aggressive rates for larger well-qualified operations. Secondly, PCG delivers a diverse product offering providing the right capital product to meet the needs of their clients. The third factor crucial to the company’s success is a signature innovation &mdash’ PCG’s exclusive Line of Capital, designed specifically for restaurant and retail operations. It offers merchants next-business-day access to capital like a bank line of credit, but with far greater flexibility and without the massive application paperwork and bank restrictions.

“Capital is one of the key elements to business growth and success,” notes Dash. “This product provides it quickly, easily and cost effectively. We have a one-page application and are able to turn around approvals in one to two business days.”

PCG’s Line of Capital program assures the availability of requested funds the next business day to pay unexpected expenses and take advantage of new business opportunities. Clients report the ready access to cash is like having an insurance policy and that it makes their operations easier to manage.

Another aspect of PCG that distinguishes the company from its competitors and has been an important element in its success is the personalized approach PCG takes with clients. PCG works with each client to custom tailor programs to meet their needs. Dash, Palcic and Hakim make it a point to be available to clients in a consulting capacity to help them meet both their long and near time objectives.

“We have a breadth of offerings and take the time to understand our clients’ business and capital requirements to identify the product that best meet their capital needs,” states Palcic. “It makes us different in a marketplace that tends to be rooted in online applications and pre-determined products.”

In addition to the Line of Capital product, PCG offers uncollateralized working capital and loans, commercial real estate mortgages and refinancing, as well as non-real estate ABL.