AG Commercial Capital LLC, is a broker acting as Lender in all 50 states but is based out of Miami Florida. Once also operated as New Word Commercial Lending out of Oceanside FL.
As a Broker beware of the lies they tell you....as a borrower who supposely has a loan commitment beware! Do Not and I repeat to Do Not send a dime to these guys. They lie to borrowers on conference calls to get 4,500 dollars and no true loan approval nor do they refund money when they can not close the loan (well of course they can't, they have no real loan commitment from investors or banks) They do not know laws and regulations in the state of Texas and should never operate again here. They informed my borrower (after I requested they not make contact or discuss his loan with out me being on the call) that my client could leave a 82,000 state tax lien open and SBA would allow. Because my borrower felt a so called underwriter knew more about Texas liens than someone who has worked for Huge lenders such as Wells Fargo and other large banks in wholesale and retail and I have 20 years of lending experience in Texas, my borrower lost a very good business loan I had in place and now he has been ripped off by AG Commercial Capital with no viable SBA loan or a loan of any kind to pay of his growing lien! Outragious this company plays with peoples emotions and money by their lies and smooth talk.
The STATE AGENCIES IN TEXAS AND FLORIDA will catch up with AG Commercial Capital and those who practice operating in this manner. So if you have been in this situation as a Broker/loan officer or a Borrrower, please help me by doing your part and reporting these companies to all State or Federal Agencies in the state you live as well as Florida where they operate out of! Together we can stop crooks like this and put integrity back in our industy.
Signed Angela Vlasak/ Pres. of Tejas Commercial Lending