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Report: #1531237

Complaint Review: Archer Capital - Denver Colorado

  • Submitted:
  • Updated:
  • Reported By: ALEXANDRO — Broomfield United States
  • Author Confirmed What's this?
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  • Archer Capital 7010 Broadway Street, Ste 315 Denver, Colorado United States

Archer Capital This company deceives ALL CUSTOMERS and VENDORS and SALES REPS Denver Colorado

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Be very careful with this company!!! 

If you are a business owner/customer, they will try to hide details of your transaction from you in order to have you owe a balloon payment at end of term, without which you will not own the equipment you're financing/leasing. If you do not pay, the equipment will be taken from you. There are many other details of each transaction that they hide from you in order to close the business, and then surprise you later on when you're locked in. 

If you are a sales representative/potential employee, they will bleed you DRY until you no longer have anything to give and then kick you to the curb. They will have you build THEIR customer database and do business that only benefits THEM, while planning your exit strategy. Once they cut you off with email and customer database, all of the work you've done for them goes down the drain and only into their pockets. You will never reap any benefits after they cut you off. They are greedy, deceitful and they will do anything and say anything to get you to bite. 

If you are a vendor, they will deceive and lie to your customers until they're blue in the face. On the off chance they CAN get a deal done, they will be astronomical rates only a desperate business owner will accept, and this will put them in a terrible future financial situation. Archer knows this, and operates and proceeds with this knowledge. BE VERY CAREFUL DOING BUSINESS WITH THIS BROKER. That's what they are, a broker. You don't even need them. You can go to the funding source directly. 

This report was posted on Ripoff Report on 02/21/2024 11:03 AM and is a permanent record located here: https://www.ripoffreport.com/report/archer-capital/denver-colorado-company-all-1531237. 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. READ: Foreign websites steal our content

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