• Report: #999653

Complaint Review: American Allied Funding Inc.

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  • Submitted: Sat, January 19, 2013
  • Updated: Sat, January 19, 2013

  • Reported By: Loan.specialist — Brooklyn New York United States of America
American Allied Funding Inc.
new york, New York United States of America

American Allied Funding Inc. Nathan DONT PAY COMMISSIONS new york, New York

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I've came across american allied funding and the owner Nathan Abadi online where they were marketing to fund all your DECLINES (terrible business model). They were supposedly the pioneers at dealing with High risk businesses and still capable of providing the business with funds. However, they are not pioneers when it comes to paying commissions. as my firm tried to build a rapport with american allied funding inc "AAF" we've encountered many problems.

Our clients were complaining that they cannot get a hold of any of "AAF"s staff members to get updates, balances etc. for weeks and months. As we tried contacting AAF , they will not respond to our phone calls, email nor faxes. They are listed at 210 5th ave New York NY however come to find out they were operating out of a tiny office in brooklyn NY. I noticed the decline ratio on the clients we've sent over had increased drastically over a short period of time.

I decided to find alternatives so I've contacted my clients and come to find out, they were funded through american allied funding inc (nathan). i was very skeptical about this and tried to contact nathan to be compensated however no luck. He nor his staff returned our phone calls. I did go by the address in brooklyn ny and the office was vacant and the neighbors had told me that the office had been shut down and the tenants (nathan) were there for a very short period of time.

I just cant understand why companies like this would try to make extra money at one shot and lose out on longer term relationships with other independent offices? not to mention, im not sure if they are real with multiple addresses sounds like a "boiler room" gig. When you come across the name AMERICAN ALLIED FUNDING inc. please be very careful.

This report was posted on Ripoff Report on 01/19/2013 08:04 AM and is a permanent record located here: http://www.ripoffreport.com/r/American-Allied-Funding-Inc/new-york-New-York-10010/American-Allied-Funding-Inc-Nathan-DONT-PAY-COMMISSIONS-new-york-New-York-999653. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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