| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Igor Volshteyn CEO | OTC PINK Exchange | 12509F206 CUSIP |
| US Country | 6 Employees | 9 Mar 2020 Last Dividend | 9 Jul 2008 Last Split | - IPO Date |
CCUR Holdings, Inc., originally established as Concurrent Computer Corporation, underwent a significant rebranding in January 2018 to better reflect its diversified business model. Now headquartered in Duluth, Georgia, the company, founded in 1966, has evolved beyond its initial focus to embrace the merchant cash advance (MCA) and real estate sectors. Through its subsidiaries, CCUR Holdings, Inc. explores various avenues within these industries, providing specialized financial services and engaging in real estate development and management. The transition from its original name to CCUR Holdings, Inc. symbolizes a broader strategic redirection aimed at exploring lucrative opportunities in emerging and established markets.
CCUR Holdings, Inc. offers financial services under the MCA model, supplying businesses with prompt access to capital based on future receivables. This arrangement benefits merchants needing immediate funding by leveraging their future earnings. In addition to direct financing, the company plays a pivotal role in facilitating the syndication of capital and generating merchant leads for MCA funders, thus acting as a crucial intermediary in the merchant cash advance ecosystem. Additionally, it renders reporting and other essential administrative services, streamlining the operational complexities associated with MCAs.
The company extends its expertise to the real estate sector by offering commercial mortgages. These loans are aimed at a wide audience, from local and regional builders to national developers and commercial landowners. CCUR Holdings, Inc.'s financing solutions are designed to accommodate the varied needs of property developers and owners, ensuring they have the necessary resources for their projects and investments.
Apart from financing, CCUR Holdings, Inc. actively engages in the acquisition, ownership, and management of a diversified real estate portfolio. This not only includes developing properties for commercial use but also strategically managing these assets to maximize their value and returns. Through this vertical, CCUR Holdings positions itself as a comprehensive real estate operator, contributing to and benefiting from the sector's growth.