Capital Alliance Capital Alliance Group Business Loan Working Capital SCAM Santa Ana California

Writer suggests that no legitimate business charges application fee or processing fee for a loan. Banks do so all the time, and so do other lenders that our business works with. I don't know what the writer's experience is with Capital Alliance, but I can attest that the statement about fees is absolutely false.

Capital Alliance helped me out when nobody else would or could. I had poor credit, and no collateral to put up, nor did they ask me for any. I was pre-approved for a line of credit for 275,000 dollars. I only needed 250,000 at the time. This guy named John S who was very honest and professional with me the entire time walked me through the process. said that because of the way the loan was structured they would only have to make sure I was who I said I was, and verify the business. All you lying jackoffs on here either got disqualified for a loan because your FICO score was under 500 (which is low) Or you were not a business owner. This guy named John S. said that I woiuld have my money in 24-48 hoiurs. I had my money deposited into my account the very next day. Capital Alliance, I tip my hat to you guys. Becasue of you I was able to purchase my equipment and material I needed. As far as interest rates go, they do not charge any compounding interest.

I was impressed by the way John, and the financial consultant handled my case. When the funding coordinator called me back that same day, she explained to me in full detail the 10 or 15 different  options they had to choose from. When all was said and done, I came to the realization that Capital Alliance always chooses the best option that suits the business owner according to what the business owner's financial status is in now. There is no reason why these shuck n jives are on here posting false alligations, and things that simply are not true. I even had my brother deal with them. He was struggling financially, and they got him a business line of credit for 125,000 dollars. He barely had an annual gross revenue of 100,000, and an average bank balance of 4,000. They required zero collateral from him, and explained to him that that with an unsecured loan, they are the ones that take the full risk. All emails are sent through secured links and this company can be trusted big time. I Googled the BBB and seen they had an A+ rating with them. I also Googled Capital Alliance.com to see what i could find out.

They have been in business for about a decade, and have loaned out more than 600 million dollars now. They do business nationwide, coast to coast, and even loan money to certain parts  of Canada. I give Capital Alliance a huge thumbs up. Because of them I did not lose my house. they are licensed, bonded, and insured, and one thing I learned is that their phone calls are recorded and monitored, and this John guy was very polite and respectful. He stayed on the phone with me for about 33 minutes. I must say..........JOHN S. IS A MAN OF HIS WORD. If you call there looking for some working capital, and funding for your business, ask for John S. 

Makes no difference.

its ALWAYS a SCAM if you are asked to PAY for applying for a loan. Regardless if it is called an "Application Fee" or "Deposit" or "Processing Fee".

NO LEGITMATE COMPANY CHARGES $$$ to have someone APPLY FOR A LOAN. they make their money in INTEREST on the LOAN. PERIOD.

if ANYONE asks you to pay ANY FEES for a LOAN - HANG UP

I would like to clarify something that I've seen in common with these complaints.  It appears that there are some legitimate former employees of the real Capital Alliance Group who are trying to vouch for the company, which makes sense based on a BBB +A rating.  I believe several of the people who have made complaints are not working with the real Capital Alliance Group.  I recently found a website that a client was referred to after receiving a promotional check in the mail.  It appears to be a site associated with Capital Alliance Group, but has all the inner workings of a scam page. 

Scam Page: http://go.obtain.capital/ Contact: 844-882-9454

The scam page link that is provided with a "Business Account Statement," directs you to a page with a prefilled out check for $250,000 that appears to be legitimate.  When I viewed the root page, by removing some of the link it displayed a blank check with an expiration date in 2015.  This scam page is set up to look legitimate and fool people into emailing contact information to the scammers, or calling these scammers directly to provider personal information and/or payment for a loan that cannot be fulfilled.

Real Page: https://www.capitalalliance.com/ Contact: 855-329-9922

The scam page utilizes Capital Alliance's logo, address, and likeness to perpetrate fraud.  The site has limited to no functions other than reviewing a loan offer, which is really just sending the webpage designer an email with your contact information.  If you visit the real secure site for Capital Alliance you can gather tons of information, and research loan requirements prior to contact.  The scam page has a copyright of 2015, and is missing the lender license number. 

I think some of these complaints are with a scammer/fraudster using Capital Alliance's persona to commit fraud. 

there is a several services like this one who simply wants to make money on us

my story is simple: I was contacted many times by this company and another one as well

so when I spoke to a life representatives they was sounds reasonable 

but when I submitted all required paperwork they called me back right away and saying everything alright and they will talk to me soon with their results ...

only thing it was never happen and when I try to contact them back they did not respond at all ...

after a while I was find out that these companies simply collecting our data and sell it for investors or even for commercials ...

that's why my phone and email was fulfilled by spam right after I share my info with these guys

My conclusion on it: stay away from these easy fundling deals because there is no one who giving the money for free ... and remember that if you giving away your data someone will use it for their advantage first

therefore THIS IS SCAM !!!!

I am a former employee of the company. What the lady above is saying is true. The initial quote a potintial client recieves is a total scam to bate you into the deal so they can take the processing fee.

This was the worst place I have ever worked. They are simly the kings of bate & switch running a sweat shop. 

When they call, grab your wallet and run.

Obviously written by one of Capital Alliance's cronies. By the way the real name of your company is CITADEL EQUIPMENT FINANCE. Google that. You'll be enlightened. 

We did EXACTLY as we were told when Greg called us to secure the loan. we sent our true, valid bank statements from our only bank account. we gave Greg a correct, accurate and true copy of everything he asked.

If he was NOT going to be able to make the loan - the time to tell us that would have been BEFORE he collected the due diligence fee of $295. He didnt. Instead, he contined to state he has "lenders" who will make the loan.

Only, and ONLY once did we give them a void check and they drafted $295 from our account - were we presented with a requirement we could not meet. In business, you state all your requirements first. then you let the other person decide if they want to do business with you BEFORE any money changes hands.

Imagine I signed up for a Verizon cell phone say $129 a month unlimited text and data. I bought the phone for $300 in the Verizon Store with a 2 year contract - then the moment I got home - Verizon called me. they can NO LONGER offer UNLIMITED VOICE AND DATA UNLESS I AGREE to MAKE ALL MY CALLS FROM SAY, TEXAS, instead of NEW YORK CITY...

That is the level of impossibility to complete the deal Capital Alliance presented us with. It was timed, it was professional. it was obvious once it happend. we complained to the BBB and they refunded our $$$. there are legit fuding companies that help small business with loans. If Capital Alliance is going to be a good firm to work with they need to

1) State the terms - ALL THE TERMS PRIOR to taking the $295 due diligence fee.

2) State they themselves are NOT the lender - that they work with lenders - this was definitely not clear until we paid the fee

3) IF the firm is ultimately NOT approved send a WRITTEN notice what was done for the due diligence fee and in WRITING state why the firm was not approved.

We are all adults in business here and not every situation is made to work - but changing the terms at the end, once the deal is signed in a bad way to do business. Oh, and please stop sending me letters in the mail to borrow money. we are find. we dont need any $$$. We ended up expanding as planned with out a loan after all.

Joe Brunner

Affirmed Systems

I am a former employee of Capital Alliance and I find this post offensive, invalid, and outright irresponsible.

I was already retired when I chose to join Capital Alliance, so it was not for a paycheck or to further my career. What I found was very refreshing compared to other financial service companies I worked for throughout my career. Just visit their headquarters in Santa Ana. Not only will your claim seem out-of-line, but you will find wonderful people that genuinely have the customer's best interest in mind. In fact, MOST of our team and company meetings were focused on improving customer service, bettering the work/life quality of the employees, and planning how we can contribute to charitable causes in the local community.

The fact that you would name these employees while you remain ANONYMOUS is malicious and cowardly. I am familiar with both of the reps you mentioned. Greg is a family man who is dedicated to his work and his clients. Tim is an honest kid who commutes 2 hours to work to be part of the company vision and achieve his goals. Both are stand-up professionals who have much more going for them than to take your few hundred bucks. It breaks my heart because your misrepresentation of the facts are hurting good people who make an honest living with the company.

The company funds millions to small businesses every month with very happy customers. The only time there is a dispute or misunderstanding is when a client falsifies or hides credit information on their application. It was probably because of your intent of fraud that the company could not honor your approval. I would bet that you fall into this boat for 3 reasons:

1. You are anonymous.
2. Your baseless use of the word "scam" and "ripping people off."
3. Any rational person can see the intent of this post is MALICIOUS rather than to try to work toward a RESOLUTION.

In fact, why don't you attempt to resolve your claim directly with the company? You would be welcome to their office and these gentlemen would be happy to meet face-to-face to help resolve the issue. That is of course, if your intentions did not include loan fraud, then that is a different story.

Your lies are hurting a very credible company and honest people who work there to feed their families. Please be more considerate and responsible of what you post online.

I am a former employee of Capital Alliance and I find this post offensive, invalid, and outright irresponsible.

I was already retired when I chose to join Capital Alliance, so it was not for a paycheck or to further my career. What I found was very refreshing compared to other financial service companies I worked for throughout my career. Just visit their headquarters in Santa Ana. Not only will your claim seem out-of-line, but you will find wonderful people that genuinely have the customer's best interest in mind. In fact, MOST of our team and company meetings were focused on improving customer service, bettering the work/life quality of the employees, and planning how we can contribute to charitable causes in the local community.

The fact that you would name these employees while you remain ANONYMOUS is malicious and cowardly. I am familiar with both of the reps you mentioned. Greg is a family man who is dedicated to his work and his clients. Tim is an honest kid who commutes 2 hours to work to be part of the company vision and achieve his goals. Both are stand-up professionals who have much more going for them than to take your few hundred bucks. It breaks my heart because your misrepresentation of the facts are hurting good people who make an honest living with the company.

The company funds millions to small businesses every month with very happy customers. The only time there is a dispute or misunderstanding is when a client falsifies or hides credit information on their application. It was probably because of your intent of fraud that the company could not honor your approval. I would bet that you fall into this boat for 3 reasons:

1. You are anonymous.
2. Your baseless use of the word "scam" and "ripping people off."
3. Any rational person can see the intent of this post is MALICIOUS rather than to try to work toward a RESOLUTION.

In fact, why don't you attempt to resolve your claim directly with the company? You would be welcome to their office and these gentlemen would be happy to meet face-to-face to help resolve the issue. That is of course, if your intentions did not include loan fraud, then that is a different story.

Your lies are hurting a very credible company and honest people who work there to feed their families. Please be more considerate and responsible of what you post online.

Same story here but it goes a bit further. 

Was contact by Capital Alliance. Spoke to a guy named Joe. He was nice and explained me the process. Paid him his processing fee of $295 & filled out the appliancation. He got me approved by their partner lender Yellowstone. Keep in mind on my initial call with Joe I was told there would be no fees but the processing fee. 

I did end up getting approved for 1/2 of what I was requesting. I was able to live with that. Here is where it gets interesting.

After I signed my contracts with Yellowstone (which included about $1400 in fees!) I received a welcome call from the underwriter at Yellowstone. On the welcome call the underwriter had the audacity to request an additional 10% fee!! I was already paying back $4500 for a measely $10,000. Now Yellowstone wanted another $1000!! So for $10,000 I am paying $4500 in interest and $2400 in fees. So really I am getting only $7600. He explained that this was the service fee for the broker at Yellowstone. Wait wasnt Joe my broker that I just paid $295 to?  I cancelled the deal with Yellowstone on the spot. I know my credit is weak but that doesnt mean you can take advantage of someone like me. These people prey on the needy. 

I paid a small price to learn a big lesson!! 

I want to know it sounds like this is where we are going with this.. not good total scam.  I want to know did they send out an inspector to see the office .

I completely disagree with the comments above and had a different experience all together. My company was looking for a loan for 25k so that we could purchace inventory at a discounted price. I was pre aproved for the 25 k, but I had to submit my bank statements to back up my applicatation. After I turned in my paperwork, my file funded in two days. I do make daily payments 21 days a month, but this has turned out to be a great thing for my business. Good Job Capital Alliance. You are a great company to work with and I would highly recommend.

When I read your report it was as though you were telling my story. I was contacted by Capital Alliance as well by a different representative. Timothy Hall "account executive" ie telemarketer 949-283-6621 with Capital Alliance www.capitalnow.org He also quoted numbers and made promises that at the end of the day were simply a lie. I was told to complete paper work and that the numbers provided would only get better. They charged my card $295 even though they said that would only happen if the deal got done. These guys are bad news. I agree, dont walk, run! They claim to have many different lendors but if you simply go to one single reputable lendor they will smoke the offer Capital Alliance will make if Capital Alliance makes one. There guys are all about stealing $295. I got a better loan with better amounts and terms by just talking to one other lender. These guys are a joke except for they are ripping people off left and right. It is pretty obvious after reading the other posts that this is how their people are trained and grabbing $295 is the business model not doing legitimate loans.