- Report: #995055
Report - Rebuttal - Arbitrate
Complaint Review: YELLOWSTONE CAPITAL LLC
YELLOWSTONE CAPITAL LLC160 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
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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