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Complaint Review: Commercial Capital Training Group | Ripoff Report Verified
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| Commercial Capital Training Group | Ripoff Report Verified 90 State St Suite 700
Albany, New York United States of America |
|
Commercial Capital Training Group REVIEW: Commercial Capital Training Group clients, feel safe, confident & secure when doing business with Commercial Capital Training Group. Commercial Capital Training Group commitment to client satisfaction, exceptional client experiences & success. Commitment to Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program, ..A program that benefits the consumer, assures them of complete satisfaction & confidence when doing business. Boston, Hartford, Stamford, Washington, D.C. Massachusetts
*UPDATE: Commercial Capital Training Group recognized by Ripoff Report Verified
*REBUTTAL Owner of company: Response from the founder of CCTG
Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™
Ripoff Report Verified REVIEW:
EDitors UPDATE: Positive rating and recognition has been given to Commercial Capital Training Group for its commitment to excellence in customer service.
Ripoff Reports discussions with Commercial Capital Training Group have discovered a commitment by the company to total client satisfaction. This means that clients can expect that the company will work towards finding a mutually satisfactory resolution to any complaints or concerns. Commercial Capital Training Group listens carefully to any client concerns and is constantly improving their business based on suggestions and feedback from past customers.
Ripoff Report Verified .. part of Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program.A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business..
The information provided in this report is based on comments made by Kris Roglieri during an on-site inspection held by a third party verification company with no biases toward Commercial Capital Training Group along with comments made to Ripoff Report.
Commercial Capital Training Groups principal, Mr. Kris Roglieri, has informed us that his personal philosophy for any of his multiple businesses is that his customers needs comes first. As a successful businessman, Mr. Roglieri feels it is critical to listen to his clients and respond properly. By always putting his organizations customers first, Mr. Roglieri hopes to maintain Commercial Capital Training Group as a successful enterprise both now and for many years to come.
Another top executive of the company told us that Mr. Roglieris personal business philosophy is based on a premise that "strives to add value in its services as they understand that a successful business model is based on value-added services, and client care. Commercial Capital Training Groups mission statement says it all: "Our goal is to provide our clients the best quality, value and professional excellence in the industry." Some of the other things Ripoff Report learned during our review: typical customer feedback reads: Commercial Capital Training Groups commitment to supporting us after training is nothing short of excellent. It has been over a year now and the support that I have received after training is just as good as the first day out of training. There are few companies that take as many steps in making their customers feel satisfied as Commercial Capital Training Group.
Commercial Capital Training Group targets any organization or individual looking to expand into commercial finance and becoming a commercial loan consultant. According to the company, their 7 day training is much more complete and comprehensive than competitors who usually have 3 to 5 day sessions. The training teaches between 40 and 50 different financial products as compared to competitors focusing on 15 to 20 products. Additionally, the training company also has exclusive access to Mr. Roglieris other companies in their Albany location and also in Rochester, NY. The training companys access to lenders in-house is unique for this financial training. The instructors are not only financial trainers they are also financial lenders that bring that experience to the trainees.
The purpose of the Commercial Capital Training Group is to seek to develop entrepreneurs to work in the field of commercial finance. The experience consists of on-site seven day training in all facets of underwriting, finance, and running an independent business. Consumers (trainees) are taught 45 different commercial financial instruments involving in person and conference call/webinars with commercial lenders representing different asset types. The training also enables the trainees to gain personal access to lenders. A critical component of the training is the support of the company to each trainee following the end of the on-site one week training experience. Lifetime support is offered by the company through 5 support staff members that are available by direct phone contact at any time following the conclusion of the training.
The company advertises in financial trade and business publications as well as business opportunity and franchising journals (although it is not a franchise). Additionally, many of the potential clients may have a very specific business-type focus and are looking to branch out or expand their repertoire of financial products by gaining the knowledge from this training. As to turning leads into clients the process is with clearly conveying to potential clients all the upfront information about the training and the lifetime support following conclusion of the class.
Currently, the company feels that they do not have any internal processes or procedures where there was a documented need for improvement. They have had earlier instances of both the change from a 5 day program to a 7 day program and also about making an internal change so that at the conclusion of the program all trainees now have a direct cell phone line to their on-staff support person. When the company first started out all support calls were required to be made to the office phone number during normal business hours. Based upon feedback where participants may be working on the west coast or on a project on a weekend it was determined that the support staff would provide direct cell phone numbers and be available after normal hours to address these concerns.
In dealing with complaints, it was stated that the company feels they are an open book. They thought that they had not experienced what would be considered a true complaint; but rather, honest feedback from the trainees that have led to improvements to the program. As a case in point several attendees in early sessions indicated that the initial training sessions that were only five days in length was not enough to convey the information. This resulted in now once a month offering is a seven day session running from a Monday through the following Sunday.
Another example of what might be considered a complaint was when individuals that had completed the program where having difficulty in getting phone calls returned from private lenders that were presenters during the week of training. In these instances the companys support staff members have interceded on behalf of the trainees in getting lenders to communicate with the trainees on a timely basis.
The company stated that they did not know of an instance or issue where a client/trainee was dissatisfied with their training experience. They stated that there have been some instances where following the conclusion of the classes where individuals did not have a clear understanding of some of the specific materials and needing a little hand-holding to help them to adequately complete a task. They spoke of two instances of reports on Rip-off where the claims were investigated and found not to be substantiated. They indicated that due to the confidentiality and anonymity of those complaints they do not believe these false claims were filed by program participants; but, perhaps by competitors. They also noted that they have received no complaints from the Better Business Bureau. The company feels that an important part of ensuring the trainee will not end up being dissatisfied with the training is that the company is very selective in who they will accept into the program. The company predetermines if the prospective attendee has the skills and knowledge to participate in the program and be able to work independently following conclusion of the on-site training.
The biggest change to the company in response to do whatever it takes was extending the duration of the training from 5 to 7 days based on the feedback from the initial offerings. They feel it is important to educate the trainee prior to the start of the training as to what to expect during the training and being upfront on their commitment to the attendee before, during and after the conclusion of the week of on-site training. The other change that has been instituted that the owner of the company must be personally notified immediately of any reported complaint to ensure that all appropriate steps can be taken to resolve any issues.
Commercial Capital Training Group feels that to be a part of the Corporate Advocacy Business Remediation and Customer Satisfaction Program through Ripoff Report conveys the level of trust and demonstrates complete integrity to potential clients of his company. They feel individuals will know that the staff will handle all complaints professionally and will do everything possible to make things right.
Commercial Capital Training Group recognizes that complaints posted on Ripoff Report (whether true or not) are issues that need to be addressed, not ignored. If handled correctly, complaints can be valuable learning opportunities. With the feedback generated by Ripoff Reports review, Commercial Capital Training Group has made organizational changes allowing its clients a more streamlined approach to problem resolution and a commitment to a great client experience.
In summary, after our review, which included discussions with executives at Commercial Capital Training Group, Ripoff Report is convinced that Commercial Capital Training Group is committed to quality delivery of services resulting in total client satisfaction.
Read more about why consumers should feel confident when doing business with a member of Ripoff Report's Corporate Advocacy Business Remediation & Customer Satisfaction Program. Yes, its a long name for a program that does a lot for both consumers and businesses alike.
Read about Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program,.. A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. this program works.
http://www.youtube.com/watch?v=K90isDjnwso&feature=player_embedded
http://www.youtube.com/watch?v=BIDfoDC-lx4&feature=player_embedded
http://www.youtube.com/watch?v=nSQXUiaQqdI&feature=player_embedded
http://www.youtube.com/watch?v=ssmsGe-Tq14&feature=player_embedded
http://www.youtube.com/watch?v=6ryqhrzKFhI&feature=player_embedded
http://www.youtube.com/watch?v=5rBfHDidOUE&feature=player_embedded
http://www.youtube.com/watch?v=oDlbNeJFQQU&feature=player_embedded
http://www.youtube.com/watch?v=XXFk_-iTJZA&feature=player_embedded
SPECIAL NOTE ABOUT THE ONE REPORT BELOW THAT WAS FILED ABOUT Commercial Capital Training Group:
As a matter of policy, when a business becomes a member of the Corporate Advocacy Program they agree to allow Ripoff Report to contact every client who filed a complaint so they can make things right with them. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses so we can insure that the member business did right by their customer .. Commercial Capital Training Group did just that. It should be known the author of the Report below never responded to Ripoff Report so the company could make things right with them.
NOW TO THE ORIGINAL REPORT THAT WAS FILED
---------------------------------------------------------------- Commercial Capital Training Group - Owner Kris Roglieri Prime Commercial Lending - Parent Company Commercial Capital Training Group - A Bad Bet for a Business Career Albany, New York
I also attended the Commercial Capital Training Group (CCTG) course in Albany, New York. I concur with a previous Ripoff Report on this business entity and its principal. The previous report was very similar to my experience. I was told by another classmate that they had seen the Ripoff Report and even sent a copy of it to CCTG and Kris Roglieri prior to attending. The response he received was there was no one by this name who attended the course. that is likely because like myself they changed their name and location to remain anonymous. Second, the Ripoff Report said he was introduced to brokers not lenders. The response from an associate of Kris Roglieri responsible for marketing the training class told him that he would "personally meet lenders of the type impossible to find on your own." His experience and mine was you do NOT meet any direct lenders. There were a few personal presentations and only one could qulaify as a direct lender and this as a business partner of Kris Roglieri. In other words, in introduced us to a lender he was a invested in! You mostly spend five days calling other brokers affiliated with CCTG and Prime Commercial Lending via conference phone. These are scheduled one after the other such that your head is swimming. Breaks are scheduled for five minutes to keep you off-balance and to keep you from discussing the material in small groups. We had some very qualified and highly experienced people in our class. No one caught-on to the fact that these were brokers not lenders. After I got home I started contacting these "lenders" and found they had not disclosed all the qualification of their lending programs during the course...and theta they were actually brokers and not direct lenders. One by one the "lenders" we were introduced to were discovered to be unworkable and non-competitive finance programs. Therefore - think twice before dropping $20,000 plus in this training program. It is not worth it. There is no introductions to lenders and you will only figure out you have nothing to promote except high-cost finance programs to the most desperate of borrowers....you will end up being a legal loan shark and a referral source for brokers and nothing more!
EDitors UPDATE: Positive rating and recognition has been given to Commercial Capital Training Group for its commitment to excellence in customer service.
Ripoff Reports discussions with Commercial Capital Training Group have discovered a commitment by the company to total client satisfaction. This means that clients can expect that the company will work towards finding a mutually satisfactory resolution to any complaints or concerns. Commercial Capital Training Group listens carefully to any client concerns and is constantly improving their business based on suggestions and feedback from past customers.
Ripoff Report Verified .. part of Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program.A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business..
The information provided in this report is based on comments made by Kris Roglieri during an on-site inspection held by a third party verification company with no biases toward Commercial Capital Training Group along with comments made to Ripoff Report.
Commercial Capital Training Groups principal, Mr. Kris Roglieri, has informed us that his personal philosophy for any of his multiple businesses is that his customers needs comes first. As a successful businessman, Mr. Roglieri feels it is critical to listen to his clients and respond properly. By always putting his organizations customers first, Mr. Roglieri hopes to maintain Commercial Capital Training Group as a successful enterprise both now and for many years to come.
Another top executive of the company told us that Mr. Roglieris personal business philosophy is based on a premise that "strives to add value in its services as they understand that a successful business model is based on value-added services, and client care. Commercial Capital Training Groups mission statement says it all: "Our goal is to provide our clients the best quality, value and professional excellence in the industry." Some of the other things Ripoff Report learned during our review: typical customer feedback reads: Commercial Capital Training Groups commitment to supporting us after training is nothing short of excellent. It has been over a year now and the support that I have received after training is just as good as the first day out of training. There are few companies that take as many steps in making their customers feel satisfied as Commercial Capital Training Group.
Commercial Capital Training Group targets any organization or individual looking to expand into commercial finance and becoming a commercial loan consultant. According to the company, their 7 day training is much more complete and comprehensive than competitors who usually have 3 to 5 day sessions. The training teaches between 40 and 50 different financial products as compared to competitors focusing on 15 to 20 products. Additionally, the training company also has exclusive access to Mr. Roglieris other companies in their Albany location and also in Rochester, NY. The training companys access to lenders in-house is unique for this financial training. The instructors are not only financial trainers they are also financial lenders that bring that experience to the trainees.
The purpose of the Commercial Capital Training Group is to seek to develop entrepreneurs to work in the field of commercial finance. The experience consists of on-site seven day training in all facets of underwriting, finance, and running an independent business. Consumers (trainees) are taught 45 different commercial financial instruments involving in person and conference call/webinars with commercial lenders representing different asset types. The training also enables the trainees to gain personal access to lenders. A critical component of the training is the support of the company to each trainee following the end of the on-site one week training experience. Lifetime support is offered by the company through 5 support staff members that are available by direct phone contact at any time following the conclusion of the training.
The company advertises in financial trade and business publications as well as business opportunity and franchising journals (although it is not a franchise). Additionally, many of the potential clients may have a very specific business-type focus and are looking to branch out or expand their repertoire of financial products by gaining the knowledge from this training. As to turning leads into clients the process is with clearly conveying to potential clients all the upfront information about the training and the lifetime support following conclusion of the class.
Currently, the company feels that they do not have any internal processes or procedures where there was a documented need for improvement. They have had earlier instances of both the change from a 5 day program to a 7 day program and also about making an internal change so that at the conclusion of the program all trainees now have a direct cell phone line to their on-staff support person. When the company first started out all support calls were required to be made to the office phone number during normal business hours. Based upon feedback where participants may be working on the west coast or on a project on a weekend it was determined that the support staff would provide direct cell phone numbers and be available after normal hours to address these concerns.
In dealing with complaints, it was stated that the company feels they are an open book. They thought that they had not experienced what would be considered a true complaint; but rather, honest feedback from the trainees that have led to improvements to the program. As a case in point several attendees in early sessions indicated that the initial training sessions that were only five days in length was not enough to convey the information. This resulted in now once a month offering is a seven day session running from a Monday through the following Sunday.
Another example of what might be considered a complaint was when individuals that had completed the program where having difficulty in getting phone calls returned from private lenders that were presenters during the week of training. In these instances the companys support staff members have interceded on behalf of the trainees in getting lenders to communicate with the trainees on a timely basis.
The company stated that they did not know of an instance or issue where a client/trainee was dissatisfied with their training experience. They stated that there have been some instances where following the conclusion of the classes where individuals did not have a clear understanding of some of the specific materials and needing a little hand-holding to help them to adequately complete a task. They spoke of two instances of reports on Rip-off where the claims were investigated and found not to be substantiated. They indicated that due to the confidentiality and anonymity of those complaints they do not believe these false claims were filed by program participants; but, perhaps by competitors. They also noted that they have received no complaints from the Better Business Bureau. The company feels that an important part of ensuring the trainee will not end up being dissatisfied with the training is that the company is very selective in who they will accept into the program. The company predetermines if the prospective attendee has the skills and knowledge to participate in the program and be able to work independently following conclusion of the on-site training.
The biggest change to the company in response to do whatever it takes was extending the duration of the training from 5 to 7 days based on the feedback from the initial offerings. They feel it is important to educate the trainee prior to the start of the training as to what to expect during the training and being upfront on their commitment to the attendee before, during and after the conclusion of the week of on-site training. The other change that has been instituted that the owner of the company must be personally notified immediately of any reported complaint to ensure that all appropriate steps can be taken to resolve any issues.
Commercial Capital Training Group feels that to be a part of the Corporate Advocacy Business Remediation and Customer Satisfaction Program through Ripoff Report conveys the level of trust and demonstrates complete integrity to potential clients of his company. They feel individuals will know that the staff will handle all complaints professionally and will do everything possible to make things right.
Commercial Capital Training Group recognizes that complaints posted on Ripoff Report (whether true or not) are issues that need to be addressed, not ignored. If handled correctly, complaints can be valuable learning opportunities. With the feedback generated by Ripoff Reports review, Commercial Capital Training Group has made organizational changes allowing its clients a more streamlined approach to problem resolution and a commitment to a great client experience.
In summary, after our review, which included discussions with executives at Commercial Capital Training Group, Ripoff Report is convinced that Commercial Capital Training Group is committed to quality delivery of services resulting in total client satisfaction.
Read more about why consumers should feel confident when doing business with a member of Ripoff Report's Corporate Advocacy Business Remediation & Customer Satisfaction Program. Yes, its a long name for a program that does a lot for both consumers and businesses alike.
Read about Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program,.. A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. this program works.
http://www.youtube.com/watch?v=K90isDjnwso&feature=player_embedded
http://www.youtube.com/watch?v=BIDfoDC-lx4&feature=player_embedded
http://www.youtube.com/watch?v=nSQXUiaQqdI&feature=player_embedded
http://www.youtube.com/watch?v=ssmsGe-Tq14&feature=player_embedded
http://www.youtube.com/watch?v=6ryqhrzKFhI&feature=player_embedded
http://www.youtube.com/watch?v=5rBfHDidOUE&feature=player_embedded
http://www.youtube.com/watch?v=oDlbNeJFQQU&feature=player_embedded
http://www.youtube.com/watch?v=XXFk_-iTJZA&feature=player_embedded
SPECIAL NOTE ABOUT THE ONE REPORT BELOW THAT WAS FILED ABOUT Commercial Capital Training Group:
As a matter of policy, when a business becomes a member of the Corporate Advocacy Program they agree to allow Ripoff Report to contact every client who filed a complaint so they can make things right with them. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses so we can insure that the member business did right by their customer .. Commercial Capital Training Group did just that. It should be known the author of the Report below never responded to Ripoff Report so the company could make things right with them.
NOW TO THE ORIGINAL REPORT THAT WAS FILED
---------------------------------------------------------------- Commercial Capital Training Group - Owner Kris Roglieri Prime Commercial Lending - Parent Company Commercial Capital Training Group - A Bad Bet for a Business Career Albany, New York
I also attended the Commercial Capital Training Group (CCTG) course in Albany, New York. I concur with a previous Ripoff Report on this business entity and its principal. The previous report was very similar to my experience. I was told by another classmate that they had seen the Ripoff Report and even sent a copy of it to CCTG and Kris Roglieri prior to attending. The response he received was there was no one by this name who attended the course. that is likely because like myself they changed their name and location to remain anonymous. Second, the Ripoff Report said he was introduced to brokers not lenders. The response from an associate of Kris Roglieri responsible for marketing the training class told him that he would "personally meet lenders of the type impossible to find on your own." His experience and mine was you do NOT meet any direct lenders. There were a few personal presentations and only one could qulaify as a direct lender and this as a business partner of Kris Roglieri. In other words, in introduced us to a lender he was a invested in! You mostly spend five days calling other brokers affiliated with CCTG and Prime Commercial Lending via conference phone. These are scheduled one after the other such that your head is swimming. Breaks are scheduled for five minutes to keep you off-balance and to keep you from discussing the material in small groups. We had some very qualified and highly experienced people in our class. No one caught-on to the fact that these were brokers not lenders. After I got home I started contacting these "lenders" and found they had not disclosed all the qualification of their lending programs during the course...and theta they were actually brokers and not direct lenders. One by one the "lenders" we were introduced to were discovered to be unworkable and non-competitive finance programs. Therefore - think twice before dropping $20,000 plus in this training program. It is not worth it. There is no introductions to lenders and you will only figure out you have nothing to promote except high-cost finance programs to the most desperate of borrowers....you will end up being a legal loan shark and a referral source for brokers and nothing more!
Click on image to enlarge:
This report was posted on Ripoff Report on 10/24/2012 03:40 PM and is a permanent record located here: http://www.ripoffreport.com/r/Commercial-Capital-Training-Group-Ripoff-Report-Verified/Albany-New-York-12207/Commercial-Capital-Training-Group-REVIEW-Commercial-Capital-Training-Group-clients-feel-959593. 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.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
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Search Tips#1 REBUTTAL Owner of company
Response from the founder of CCTG
AUTHOR: CCTG Founder - (United States of America)
SUBMITTED: Thursday, October 25, 2012
POSTED: Thursday, October 25, 2012
This post recently came to my attention and I felt the need to expose the untruthfulness of the statements presented and conveyed about our company. Our company has been attacked recently by so called people who claim to have attended our training class and have posted false and untruthful statements that would strongly lead us to believe that these statements are from other companies that try to do what we do and unfortunately resort to unethical tactics to try to compete with us. Our company does nothing but strive to educate and support our graduates after training and we have worked hard to build and maintain our integrity amongst the industry and our lenders.
This is the reason we are an accredited member of the Better Business Bureau due to our quest to demonstrate our ethical business practices and outstanding customer service to the graduates we serve. There was a previous post on here where we actually decided to use Ripoffs report Arbitration service which the results proved several false statements about our company that ripoff report redacted. In the same post there were statements such as I took their training late last year and could not learn everything in 7 days which would have been in 2011.
This statement and other ones were suspicious due to the fact that we did not have a 7 day training in 2011. We had a 5 and 6 day training in 2011 and have since grown our course outline. Or that we have an answering service when in fact we have a live paid secretary that answers our phones and a direct 24-7 line to our support staff. The problem with forums such as this is anybody can say anything about anybody or a company without being held accountable whether the statements are true or not. In the end we can never prove who the real identity of the poster is due to the protection Ripoff report has under with the first amendment but instead, only respond with statements that expose the inconsistencies and falsehoods of the posts.
With regards to this post I denounce everything that is said here. If this is a real graduate of our program I invite the poster to call me personally anytime (518-694-3047) and I will go over each lender that participates in our coarse to re-familiarize yourself and simply demonstrate how they are direct lenders and not brokers. Out of 45 core lenders that participate in our class we have 3 firms that have unique programs in which the services they provide do not involve lending their own money. One is an advisory firm on commercial securitizations for debt and equity, another is a firm that represents high net worth investors who pool their money together to fund projects and the other is a CMBS and commercial loan modification company.
Outside from that all of our lenders are direct lenders funding off of their own balance sheets. Most of our lenders have Billions of dollars under management or on their balance sheet. Some lenders are publicly traded and have FDIC regulation. We have large private lenders such as Prudential and large banks such as Wells Fargo that participate in our training too small private lenders that have innovative products that cater to businesses that present all different types of credits.
Yes there are some products that serve the financially challenged business in which their product has a higher than normal rate but in turn they are lending to higher risk industries and businesses that could not otherwise get conventional financing. Then there are lenders and banks that have some of the most competitive programs in the country at interest rates and terms that are more competitive than most banks today. So I struggle to see how anybody that has actually been through our class can say our lenders are nothing more than brokers and are not competitive. Again I will personally take the time to show you the 40 plus call reports of our bank lenders and educate you on our private lenders and how they are direct lenders and not brokers as you state numerous times.
In every training that we do, our graduates meet our lenders via in person or on a conference call. There are multiple lenders that fly in to our office to present live to our students every day of our 7 day training. So to state that you only meet 1 lender and it was my company is totally farcical. Training is intensive in the sense that you are constantly learning new topics and introducing lenders but we allow ample time so that each lender is understood, has time to present, and the topics being taught are being comprehended.
Our lenders and banks hand out their information about their lending programs and their qualifying parameters. So there is no mystery when our graduates get home as to what the lenders offer. Two out of the forty five lenders that our graduates work with are companies that I own. There is no mystery around this and we make this very clear in training and is disclosed on our website. These two companies serve two specific lending products where we lend directly to commercial real estate investors and businesses.
As a company we dont tolerate slander and find every portion and statement on this post/ Ripoff report to be libel. We offer our promise and guarantee to what our graduates can expect and also put it in writing in terms of meeting direct lenders, supporting our graduates and additional items given throughout our training.
This is the reason we are an accredited member of the Better Business Bureau due to our quest to demonstrate our ethical business practices and outstanding customer service to the graduates we serve. There was a previous post on here where we actually decided to use Ripoffs report Arbitration service which the results proved several false statements about our company that ripoff report redacted. In the same post there were statements such as I took their training late last year and could not learn everything in 7 days which would have been in 2011.
This statement and other ones were suspicious due to the fact that we did not have a 7 day training in 2011. We had a 5 and 6 day training in 2011 and have since grown our course outline. Or that we have an answering service when in fact we have a live paid secretary that answers our phones and a direct 24-7 line to our support staff. The problem with forums such as this is anybody can say anything about anybody or a company without being held accountable whether the statements are true or not. In the end we can never prove who the real identity of the poster is due to the protection Ripoff report has under with the first amendment but instead, only respond with statements that expose the inconsistencies and falsehoods of the posts.
With regards to this post I denounce everything that is said here. If this is a real graduate of our program I invite the poster to call me personally anytime (518-694-3047) and I will go over each lender that participates in our coarse to re-familiarize yourself and simply demonstrate how they are direct lenders and not brokers. Out of 45 core lenders that participate in our class we have 3 firms that have unique programs in which the services they provide do not involve lending their own money. One is an advisory firm on commercial securitizations for debt and equity, another is a firm that represents high net worth investors who pool their money together to fund projects and the other is a CMBS and commercial loan modification company.
Outside from that all of our lenders are direct lenders funding off of their own balance sheets. Most of our lenders have Billions of dollars under management or on their balance sheet. Some lenders are publicly traded and have FDIC regulation. We have large private lenders such as Prudential and large banks such as Wells Fargo that participate in our training too small private lenders that have innovative products that cater to businesses that present all different types of credits.
Yes there are some products that serve the financially challenged business in which their product has a higher than normal rate but in turn they are lending to higher risk industries and businesses that could not otherwise get conventional financing. Then there are lenders and banks that have some of the most competitive programs in the country at interest rates and terms that are more competitive than most banks today. So I struggle to see how anybody that has actually been through our class can say our lenders are nothing more than brokers and are not competitive. Again I will personally take the time to show you the 40 plus call reports of our bank lenders and educate you on our private lenders and how they are direct lenders and not brokers as you state numerous times.
In every training that we do, our graduates meet our lenders via in person or on a conference call. There are multiple lenders that fly in to our office to present live to our students every day of our 7 day training. So to state that you only meet 1 lender and it was my company is totally farcical. Training is intensive in the sense that you are constantly learning new topics and introducing lenders but we allow ample time so that each lender is understood, has time to present, and the topics being taught are being comprehended.
Our lenders and banks hand out their information about their lending programs and their qualifying parameters. So there is no mystery when our graduates get home as to what the lenders offer. Two out of the forty five lenders that our graduates work with are companies that I own. There is no mystery around this and we make this very clear in training and is disclosed on our website. These two companies serve two specific lending products where we lend directly to commercial real estate investors and businesses.
As a company we dont tolerate slander and find every portion and statement on this post/ Ripoff report to be libel. We offer our promise and guarantee to what our graduates can expect and also put it in writing in terms of meeting direct lenders, supporting our graduates and additional items given throughout our training.
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