The Business Finance Store This company overcharged my husband and I for trying to help us start our business! Fountain Valley, California
*REBUTTAL Owner of company: This Complaint Is Proven to be Completely False. Irrefutable Proof Below.
*Consumer Comment: The Business Finance Store does nothing but stroke your ego and then pull the rug out from under you. SCAM!!!!
*REBUTTAL Owner of company: Business Funding is Available. Get A Free Analysis.
I found this company when I was searching on the internet for financing options when my husband and I decided to buy a truck and start a trucking business. We started the process in January 2011 and it took 2 1/2 months for us to get the funds we requested! Everything sounded good at the begining until we got to the point where we were paying out all these fees for their services.
The local gentlemen we started working with required us to pay him $400 before we could continue in the program and try to get the funds we were requesting. We then started talking with 2-3 other people about getting the funds we needed. They told us it would be business lines of credit and that the money would always be there if we needed it for emergencies unlike a regular small business loan. That all sounded good to us because in the trucking business you never know when you may have a major breakdown! We agreed along with my father-in-law who cosigned to get the funds, that we would proceed with the program. We then came to find out that we would be recieving business credit cards with unknown interest rates and we would have to pay this outragous fee before we could get the funds. We were also told there was no guarantee that we would get the funds we requested.
So against our better judgement we decided to move forward so we could finally after a long 2 months get our funding to make a better life for our family. We were charged over $4000 to get our funding! They also told us that when we got our cards and we needed to use them to do a cash advance that it would be best to go through them to get it because we would be charged 6% for the advance but after 60 days we would get 3% of that back. It has been almost 9 months and we have yet to receive that money back and they tell us they never promised that.
We also back in June had a breakdown on the truck and needed to use the rest of the funds that was on one of the cards but when we went to use it the card was declined. When I called the credit card company to find out what was going on they told me that they had discovered the card was opened through a 3rd party finance and they dont work with those types of companies. So there we were with funds we were told we had and couldn't use them.
We would like to get our money back that we have losted through this program and would hope this doesnt happen to anyone else!!!!
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