Complaint Review: Imperial Advance - New York New York
On April 7, 2014 I received an unsolicited mailing from Imperial advance stating that my business was pre-approved for working capital. I saw an opportunity to expand my company's services and increase revenues so I reached out to them via their online chat. A representative contacted me shortly thereafter and discussed my needs. I was emailed an application which I returned the next day with my bank and merchant acoount statements demonstrating my company's cash flow.
While their website states that they would contact me within 24 hours with an array of financial options, I spent the next 13 days attempting to contact my agent with no response to emails or hone messages. On the 22nd of April I finally got an email with a contract attached stating that I had been approved for funding. The emailed said that all they needed me to do was sign and return the contract and the funds would be wired into my account the same day. I took several days to read over the contracts before returning them, assuming that the money would follow that same day.
It has now been a month since then and no funding has occured. I have been required to provide more bank statements, more documentation, I have had to be subjected to an inspection of my business, and still have not receivec the funds that I was told I was approved for a month ago. Now they are telling me that they can only provide half of the original amount that they told me I was approved for, and that I have to rpovide even more documentation.
The amount of damage that Imperial's deceptive and ingenuine business practices have caused to my business is ridiculous. I have lost staff, business, and suffered financial losses all because they drug a process that they advertise takes just a day into a 6 week fiasco.
This report was posted on Ripoff Report on 05/22/2014 03:47 PM and is a permanent record located here: https://www.ripoffreport.com/reports/imperial-advance/new-york-new-york-10018/imperial-advance-took-me-for-a-serious-ride-new-york-new-york-1148975. 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
If you would like to see more Rip-off Reports on this company/individual, search here:
Advertisers above have met our
strict standards for business conduct.