About Us

Our Story

Welcome to Purple Peach where we empower businesses with tailored financial solutions to help them thrive and grow. Founded in 2020 by Abe Chassid, we started with a simple mission: to make business financing accessible, transparent, and fair for small to medium enterprises across the Country.

Our Mission

At Purple Peach our mission is to support the backbone of the economy—the small business owners. We understand that traditional banking often overlooks those who do not fit into a predefined box. That's why we offer a variety of financing options that cater to the unique challenges faced by modern businesses. From lines of credit to equipment financing, each product is designed with flexibility and your business's success in mind.

What We Do

  • Revenue Based Financing: Aligning funding with your business's cash flow

  • Business Lines of Credit: Offering flexible access to funds

  • Term Loans: Providing stability for growth and expansion

  • Equipment Financing: Helping you invest in necessary tools without the heavy upfront costs

  • SBA Loans: Facilitating loans with favorable terms through government backing

  • Merchant Cash Advances: Delivering quick funds based on future sales

Our Values

Integrity, innovation, and customer focus are at the core of all we do. We believe in building relationships, not just banking transactions. Our team is committed to providing personalized service and expert guidance through your financial journey.

Testimonials

When my car broke down unexpectedly, I was hit with a massive repair bill that I simply couldn't afford. Thanks to Purple Peach's service, I was able to get the cash I needed within hours to fix my car and get back on the road. Their hassle-free process and friendly staff made a stressful situation so much easier to manage. I'm grateful for their help during my time of need.

Zac Lamb

As a single mom, juggling bills and unexpected expenses can be overwhelming. Last month, when I was hit with a higher than normal utility bill, I didn't know how I would make ends meet. Fortunately, the Purple Peach Team provided me with a short-term solution that allowed me to keep the lights on until my next paycheck. Their service was confidential, and the process was clearly explained. I can't thank them enough for their assistance during a very difficult time.

Max Rami

FAQS

Can I pay off my balance early with no penalty?

Yes, we does not charge any penalty for paying off your business financing early. In fact, many customers who pay off early qualify for Early Payment Discount. If you would like to find out your early payoff amount, you can request it from us at any time and we are happy to let you know what your payoff balance is.

What do I need to qualify?

To Qualify, your business should have the following:
• Minimum of 6 months in business
• Minimum of $50,000 in monthly revenue

How do you protect my personal information?

Purple Peach goes through great lengths to make sure your information is safe and secure. Here is how:

• 128-bit secure sockets layer (SSL) Technology

• To access your account, you must use a browser that supports 128-bit encryption. This is one of the best commercial methods available.

Do I need to put up any collateral?

No.

I have more questions, can you help?

Yes, you can contact us and one of our dedicated experts will assist you with any questions you have.

Are there restrictions on what I can use the funds for?

The funds can be used for any business purpose. It is up to you to decide how you want to use it. These are some of the most common ways that customers have used their loans:
• Increased Cash Flow
• Marketing
• Everyday Business Expenses
• Payroll
• Purchase Inventory
• Hire Additional Employees
• Equipment Upgrades
• Renovations/Refurbishments
• New Locations