- Report: #995055
Complaint Review: YELLOWSTONE CAPITAL LLC
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| YELLOWSTONE CAPITAL LLC 160 Pearl Street 5th Floor
New York, New York United States of America |
|
YELLOWSTONE CAPITAL LLC Isaac Stern ..Managing Partner BROKERS..."DO NOT USE THIS COMPANY FOR YOUR MERCHANT CASH ADVANCE" New York, New York
*Author of original report: DESMOND MILLER STOLE MY RENEWAL BUSINESS
*REBUTTAL Owner of company: Managing Partner
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To all Brokers and ISO's who work very hard to creat and keep their Cash Advance Merchants..
I started doing Business with Yellowstone Capital in Dec. 2011, and was active in submitting my deals to them. I didnt know at the time that they are a BROKER and not DIRECT LENDER as they represented themselves to me. I established a Relationship with DESMOND MILLER who was my assigned Rep. He started out with OK customer Service but that quickly changed.
I asked his Managing Partner, ISAAC STERN to please assign me to someone else.
I was renewing several of my clients at this point, and called Steve to ask for my Balances.
THe next thing i know, is DESMOND MILLER called 3 of my Clients and renewed them for Yellowstone, and told my clients that I work for them, and they will automatically renew them and also raised their Advance Amounts. these transaction took $3700.00 out of my pocket.
I was so upset, I called Isaac Stern who is the owner of this Company, and told him what happened, and he did NOTHING!!!..
My understanding is that they are nothing but a BIG ISO and they will NOT PROTECT you in anyway, They will Steal your business. All they do is BROKER your deals out!!
So if you want to keep your Merchants and keep your renewals and keep your HARD EARNED
MONEY in your pocket, NEVER USE THIS COMPANY..YELLOWSTONE CAPITAL LLC. based on Pearl Street, in New York, New York..STAY AWAY!!!
I started doing Business with Yellowstone Capital in Dec. 2011, and was active in submitting my deals to them. I didnt know at the time that they are a BROKER and not DIRECT LENDER as they represented themselves to me. I established a Relationship with DESMOND MILLER who was my assigned Rep. He started out with OK customer Service but that quickly changed.
I asked his Managing Partner, ISAAC STERN to please assign me to someone else.
I was renewing several of my clients at this point, and called Steve to ask for my Balances.
THe next thing i know, is DESMOND MILLER called 3 of my Clients and renewed them for Yellowstone, and told my clients that I work for them, and they will automatically renew them and also raised their Advance Amounts. these transaction took $3700.00 out of my pocket.
I was so upset, I called Isaac Stern who is the owner of this Company, and told him what happened, and he did NOTHING!!!..
My understanding is that they are nothing but a BIG ISO and they will NOT PROTECT you in anyway, They will Steal your business. All they do is BROKER your deals out!!
So if you want to keep your Merchants and keep your renewals and keep your HARD EARNED
MONEY in your pocket, NEVER USE THIS COMPANY..YELLOWSTONE CAPITAL LLC. based on Pearl Street, in New York, New York..STAY AWAY!!!
This report was posted on Ripoff Report on 01/11/2013 08:57 AM and is a permanent record located here: http://www.ripoffreport.com/r/YELLOWSTONE-CAPITAL-LLC/New-York-New-York-10005/YELLOWSTONE-CAPITAL-LLC-Isaac-Stern-Managing-Partner-BROKERSDO-NOT-USE-THIS-COMPANY-995055. 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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Search Tips#1 Author of original report
DESMOND MILLER STOLE MY RENEWAL BUSINESS
AUTHOR: Carmella - (United States of America)
SUBMITTED: Tuesday, January 15, 2013
Issac Stern,
You Are a BiG ISO and except for a few deals that you fund directly, Most of them you BROKER. Secondly, you as the Owner you didnt protect me from having DESMOND MILLER Steal my Business, i didnt see you dispute that ! Also Brokers out there, if you sign up with this ISO, make sure that your agreement is signed by Issac Stern otherwise thats what he will use as an excuse to ignore you. He has done it to other Iso's who he cheated. WARNING to YOU!
You Are a BiG ISO and except for a few deals that you fund directly, Most of them you BROKER. Secondly, you as the Owner you didnt protect me from having DESMOND MILLER Steal my Business, i didnt see you dispute that ! Also Brokers out there, if you sign up with this ISO, make sure that your agreement is signed by Issac Stern otherwise thats what he will use as an excuse to ignore you. He has done it to other Iso's who he cheated. WARNING to YOU!
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What's this? #2 REBUTTAL Owner of company
Managing Partner
AUTHOR: Isaac D. Stern - (United States of America)
SUBMITTED: Monday, January 14, 2013
While Yellowstone Capital does have a large group of brokers who work in our offices, contrary to what is falsely stated above, we are primarily a funder. We fund the vast majority of our own deals, in addition to the numerous deals submitted to us by our extensive network of ISOs. We work very hard to keep our hundreds of ISOs happy, and our track record with our ISO partners reflects how satisfied they are and have been in dealing with us, many of whom have been doing so for years.
Furthermore, Desmond Miller is a stellar sales rep who also works with dozens of ISOs. These ISOs could attest to Desmonds proficient and professional manner, and ability to get tough deals funded where other reps cannot.
Furthermore, Desmond Miller is a stellar sales rep who also works with dozens of ISOs. These ISOs could attest to Desmonds proficient and professional manner, and ability to get tough deals funded where other reps cannot.
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