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Report: #1516107

Complaint Review: Everest Business Funding - Florida

  • Submitted:
  • Updated:
  • Reported By: Frustrated Consumer — Las Vegas United States
  • Author Confirmed What's this?
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  • Everest Business Funding Florida United States

Everest Business Funding, LLC EBF; EBC, LLC There are several Everest; Everest Business Funding etc.. Run as far, and as fast, as you can from this Predatory Lending Firm. Florida

*Author of original report: Rebuttal to "Michael" AKA - Everest Business Funding Employee "Grunt"

*Consumer Suggestion: Everest Business Funding...DON'T BLAME OTHERS FOR YOUR MISTAKES!

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Run as far, and as fast, as you can from this Predatory Lending Firm.  They will lend you money, and then use every unethical, immoral, and likely illegal tactic to try and get you to pay MORE than you owe.  They are loanshaks disguised as "Merchant Cash Advance" firms and they will do everything they can to put you out of business.  BEWARE>>>>>

They will contact your clients, associates, and others you deal with and tell them LIES; share your PERSONAL information without your consent, and basically threaten to destroy you if you do not give in to all of their ridiculous, outrageous and, very likely illegal predatory actions.

This report was posted on Ripoff Report on 02/15/2022 05:14 PM and is a permanent record located here: https://www.ripoffreport.com/report/everest-business-funding-llc/florida-several-run-far-fast-1516107. 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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Updates & Rebuttals

REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2 Author of original report

Rebuttal to "Michael" AKA - Everest Business Funding Employee "Grunt"

AUTHOR: Tonja - (United States)

POSTED: Tuesday, May 10, 2022

"Michael" - you have no idea who I am or what the issue is.  Or if I am writing as a friend to someone who has dealt with YOUR firm.    Please...   you sound like a 12 year old who is defending his piece of the playground.

These firms are predatory sharks - and that is why the Senate is looking to outlaw companies like YOURS.

Nice try, though.

You should get a real job - and then come back to talk.

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#1 Consumer Suggestion

Everest Business Funding...DON'T BLAME OTHERS FOR YOUR MISTAKES!

AUTHOR: Michael - (United States)

POSTED: Tuesday, May 10, 2022

So I am a small business owner. I have used Everest Business Funding, Mayfield, YesLender and several others over the past 2 years. I can get the money I need when I need it. YES IT IS EXPENSIVE! You are advance selling your recievables. However, if your running a legit business that has good sales, this shouldn't be an issue to pay it back, UNLESS you are a deadbeat!

In which case, you took a loan for money, you KNEW you couldn't payback and didn't care if it hurt the investors of the loan company. So in reality who is the ripoff? These loans are not intended to be free money.

They are intended to help you grow, secure product etc. Somthing that will increase your revenue! Most of you people complaining are not REAL BUSINESS OWNERS! Your a person who owns a side hustle and most likely funnels all the money from the company, putting you in this perdicament in the 1st place! 

You are not a lawyer or a CPA. You should have taken the contract and had it viewed and read over. This was YOUR MISTAKE, not the loan company's mistake. They know what their forms and contracts say. I have personally read over at least 10-15 of them and if I didn't like the terms, I told them.

They are like most anybody else selling something. Price is negotible! Fees and Payments are negotible! Never take the 1st offer. This is most likely what most of y'all did! NOT EVEREST BUSINESS FUNDINGS PROBLEM! You were greedy and just saw the dollar signs $$$ ! 

In the future, pay attention! Read the agreement and ask questions if you do not understand it! All of these contracts say you will pay between $2000-$10,000 if you stop payment or do not pay them as agreed. Its clearly written and usually in a box or a section called FEES! 

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