Yellowstone Capital

Yellowstone Capital, LLC is a New York City-based company founded in 2009 that specializes in providing small business owners with merchant cash advances.
History
Yellowstone Capital was founded in 2009. Their CEO is Isaac Stern, who was also a company co-founder, and their president is Jeff Reece. David Glass was another one of the company’s co-founders, but left the company in August 2015 when he sold his stake in the company to an investment group led by Reece.
In 2014, Yellowstone was included in a list of the top funders in the business financing industry compiled by deBanked Magazine.
In October 2015, Yellowstone Capital restructured under the formation of a new parent company called Fundry alongside fellow business financing provider Green Capital. Shortly afterward, it was reported that venture capital firm FinSight Ventures acquired a small financial stake in Fundry, although neither Fundry nor Yellowstone have released an initial public offering.
Services
Yellowstone Capital provides small business owners with merchant cash advances. With a merchant cash advance, the merchant sells a certain amount of their future receivables in exchange for a share of their future profits. They are a directed source of funding and have many in-house funders who specialize in working with business owners in specific industries, in addition to having many other partners within the industry.
Yellowstone Capital does not use a fully automated process for approving applications. Instead, they prefer to use automation for smaller deals and a more traditional sales call-driven approach for larger advances.

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