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Report: #177051

Complaint Review: GCR Capital - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Delanco New Jersey
  • Author Confirmed What's this?
  • Why?
  • GCR Capital 200 9th Ave.North,ste.200 Nationwide U.S.A.
  • Phone: 877-735-1584
  • Web:
  • Category: Loans

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I entered into an agreement with GCR Capital on 02-01-06 to fund my new truck. Was to get the funding by the 02-09-06 and did not receive the funds after sending them 2,195.00 dollars in certified funds on the 02-02-06. Spoke to Lenny Freeman, John Grant, Judy DiVincenzo still have not received refund.

The contract was issued by a person by the name of Tim Labus to whom I have left many phone message's with and has not returned any call's to me. I run a small trucking company in New Jersey. IF any one wants to contact me feel free to use the rebuttal box below. Also spoke to a person at GCR Capital by the name of Cory Lockert and got promised all kind's of thing's which are not true.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Michael
Delanco, New Jersey
U.S.A.

This report was posted on Ripoff Report on 02/19/2006 01:49 PM and is a permanent record located here: https://www.ripoffreport.com/reports/gcr-capital/nationwide/gcr-capital-ripoff-stealing-money-saftey-harbor-florida-177051. 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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#2 Consumer Suggestion

scam

AUTHOR: Lisa - (U.S.A.)

POSTED: Sunday, March 19, 2006

This company is a scam, call your local authorities. You don't pay for a loan, this is a scam.

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#1 UPDATE Employee

In Response to Allegations Against Our Company

AUTHOR: Nicole - (U.S.A.)

POSTED: Thursday, March 16, 2006

GCR Capital receives sometimes as many 400 applications a month and last year alone funded almost 10 million dollars in applications for businesses across the country.

Although it is unpleasant to hear that some clients are unhappy with our company, obviously many more are extremely pleased with our services based on the amount of transactions we receive and fund.

We pride ourselves in working with several niche groups; once such group includes harder to fund transactions, who typically have less than average credit or time in business.

Unfortunately these individuals also seem to be less likely to understand typical parameters or pratfalls of a business financing transaction and take normal problems extremely personally. Often we find misunderstandings ensue purely because someone did not take the time to read their contracts, or pass them to a qualified person for review if they did not understand them.

We do not believe we are exempt from mistakes and try extremely hard to make things right if that happens. However, we also deal with many problems from our clients that create hurdles that we try to work with. Leaving off the names of guarantors with bad credit, overestimation of time in business, wanting money for other than the reason stated, are typical things we see every day. The list could go on and on, but suffice it to say that each client believes that when they are doing something, that they are right in doing or feeling the way they do about the situation, and often their re-telling of the story is not exactly the way the notes in the files describe the situation. Belaboring this point can become a he-said, she said which rarely has value for either side. Typically we find it best to act within the parameters of the contract they signed in resolution, which may or may not make that client happy with the situation. As a small example, we have people who are unhappy when a refund does not include the processing fees; almost every leasing company, bank or financial institution charges a non-refundable processing fee. This is hardly unusual, or cause to believe that we are in some way unethical, and is very clear on our documentation.

My hope is that your readership realizes that there are two sides to every story. It is very difficult to see one's name in print citing a something negative, however experience has taught us that not every one will be happy, but we take pride in knowing that the list of happy clients far, far, exceeds those that feel they had a bad experience.

Sincerely,

Judy DiVincenzo, the Board of Directors, and the Staff of GCR Capital

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