EMPIRE ADVANCE FRANK CODISPOTI IS A CROOK AND LIAR!!!! LIED ABOUT HOW THEY COULD FUND A SMALL BUSINESS LOAN brooklyn New York

I was contacted by Empire Advance a week ago in regards to a small business loan, at the time i was in the market to expand and thought this would be a good idea.  After faxing Frank Codispoti my Bank Statements , my business license, my IRS Tax info  he told me he had an approval for $30000.00, Terms were as follows $15000.00 up front I would need to make 25 Daily payments of 256.00 and after the 25th day the other 15000.00 would deposit into my account with no additional interest charges and the payment would lower for one year of  payments of 147.00. 

I was then contacted after agreeing to these terms by Yellowstone Capital funding, the guy took my bank info and I finally agreed to  a remote access to my bank account for his review to consumate the loan.  After giving up this information which i was not happy to do he then told me the structure of the loan.  It was as follows I was recieving 15000.00 with 85 payments of 256.00 which definatlely was not in the agreement.  I then tried to conference call Frank and Empire with the Yellowstone Capital funding guy on a conference call and Frank at Empire hung up on me.  He then text me and said that if i told the funding guy at yellowstone what he had initiitally said they would fund the deal.  to not tell them we agreed to a different amount.  I cancelled the entire transaction with all of them.  I called Empire after  hangin up with the other company and i  was again hung up on and told Frank was not available and the the other 15000 was going to come from a personal lender at Empire.  This is all Bogus and intentional  Fraud.  I am just glad i figureed it out before I commited to destroying my small business i have had for over 10 years. because that is exactly what would have happened in the interim.  this company needs to be shut down and not allowed to take advantage of small buisness owner such as myself..do onot do business with this company!

email as attached

Good afternoon Kevin,   We were able to obtain you a $30,000.00 line of credit. We are willing to offer you $15,000.00 @ $256.00 daily. This option yields you an additional $15,000 after 1.2 months (25 Payments). We will also extend your term so we can keep the daily or weekly debit relatively the same. We will NOT double your ACH. We will also extend the term to either a bi weekly or monthly payment pending on your payment history with us and our lending tree. Tier 2-15,000 for 15,000 paying back only principal. The total loan amount is 30,000 for 36,100 at $143 a day. This ADD-ON is only contingent upon you making your first 25 payments on time and that you have no other funding institutions run your credit.  You also have the RIGHT TO REQUEST FIXED ACH AMOUNT ADJUSTMENT, Meaning in times of seasonality or hardships, we are able to adjust your ACH debit according to your drop in volume, We would not have you in a situation where we are harming you more than aiding in your future success.      Details On Offer:      You saved $1200.00 USD on fees.   NO COLLATERAL NEEDED.   FUND IN 24 HOURS AFTER RECEIVING SIGNED DOCUMENTS AND STIPULATIONS.   Enrolled in 2 for 1 Credit line. (Along with funding we will provide you with a grant for your business)      Once again Kevin, my main objective is to make you and your business more bankable and provide you the best bang for your buck! In addition to coming into our 2nd tier, gives us time to build a relationship with you, and remove you from this volatile stacking environment and put you more towards a traditional base loan. Let’s remain loyal together, and see how far and successful we will be.   Let’s get this deal funded! I’ve been a straight shooter since the beginning, I will not steer you in the wrong direction. Stipulations remaining for funding: -Merchant sales agreement -Clear color copy of driver's license(text to company number 646-296-1452) -Voided check -Business license (K1 from tax return) - Landloard contact information - COJ Notarized and Fed Exed   Please let me know if you have any questions. If everything back before 8pm eastern time today, wire will go out and funds will be able to be used before the weekend.   Regards,     Frank Codispoti Director of Funding Direct Line          Fax (347)-492-6003    (844) 205-7453

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