ED Magedson – Founder
BD Funding6010 New Utrecht Avenue Brooklyn, New York USA
BD Funding Pauline Cannella Vice President of SalesJoe Wasserman CEO BD Funding Scam, Fraud, Dishonest Brooklyn New York
BD funding is a young and small merchant cash advance funding company in Brooklyn, NY. During the short time I worked there, they lied about the compensation, leads and sales process. I was hired for isnide sales and not informaed that I was an independent contractor. I was told there was a base salary of $300 per week, then told there was no base but rather a $300 weekly payment only after closing sales of at least $20,000.
I requested a signed and written independent contractor agreement and did not receive one.
Five sales people resigned or left in the short three weeks I was there.
The leads were old and inaacurate, yet the sales people kept hammering them to try to close sales. Because BD Funding is a broker and not a direct lender, no one knew who woul review anj application, what the status was and it was very difficult to give accurate and timely information to applicants.
Some of the sales people were rude to customers and prospects and there were no conistent guidelines, processes or systems followed for psoepcting, sales and customer serviuce.
The owner and managment did not seem to know what they were doing, could not offer clearn explanations and answers or retain staff.
This is a company to be avoided. there are better run cash advance companies.
This report was posted on Ripoff Report on 02/28/2014 10:19 AM and is a permanent record located here: http://www.ripoffreport.com/r/BD-Funding/Brooklyn-New-York-11219/BD-Funding-Pauline-Cannella-Vice-President-of-SalesJoe-Wasserman-CEO-BD-Funding-Scam-Fra-1127282. 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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