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Report: #873874

Complaint Review: The Business Finance Store - Internet Internet

  • Submitted:
  • Updated:
  • Reported By: Rhino — United States of America
  • Author Not Confirmed What's this?
  • Why?
  • The Business Finance Store 200 Sandpointe Ave. #750 Internet United States of America

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I opened up my internet and viewed the yahoo page which had a link for small businesses which I have.  I click on it and yahoo is promoting a site called "The Business Finance Store."  They are a ripoff, they ask for money to give you money which is against the law and is fraud.  Stay away from this company!!!

This report was posted on Ripoff Report on 04/25/2012 04:44 PM and is a permanent record located here: https://www.ripoffreport.com/reports/the-business-finance-store/internet/the-business-finance-store-these-people-ask-you-for-money-to-get-a-loan-this-is-against-873874. 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
2Consumer
1Employee/Owner

#4 General Comment

This Guy Has No Idea What He is Saying

AUTHOR: Alex Estrella - (Dominican Republic)

POSTED: Thursday, May 24, 2012

Wow you are clueless. There are whole industries where all they do is get loans and financing for fees. 

Do you think all of the following organizations are criminal or acting illegally?

National Association of Commercial Finance Brokers http://www.nacfb.org/
National Association of Mortgage Professionals http://www.namb.org/
National Association of Equipment Lease Brokers http://www.naelb.org/

There is nothing illegal about providing a service in exchange for fees. Business financial services are completely legal.

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#3 Author of original report

Message to CEO

AUTHOR: Rhino - (United States of America)

POSTED: Thursday, May 24, 2012

The way you speak in your last comments tells the public just what kind of man you are and tells them what kind of company you are.  None of what I have said is false and all someone has to do is try to get a loan from you.  You are just like all the other ripoff companies and people should stay as far away from you as possible.  The law states that nobody is to EVER charge money for a loan.  So, just because you charge a fee after you get somebody a loan, rather than charging them before, does not mean that you are legit. 

I would stay as far away from companies like this.  There are many of them out there who say they can get you a loan and who say that they have helped thousands of people.  Actually, they have helped thousands of people get ripped off. 

Clearly, the CEO of this company does not care to much about clients because of his attitude in his comments.  A CEO is supposed to have the highest standards and speak on behalf of a company without turning away the client. 

STAY AWAY FROM THIS COMPANY!!!!!

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#2 REBUTTAL Owner of company

{Official BFS Response} Business Funding Is Legal. So Are Our Services.

AUTHOR: The Business Finance Store - (USA)

POSTED: Wednesday, May 23, 2012
IMPORTANT: We do not charge upfront money to get loans.

My name is Tim McCormack. I am the President & CEO of The Business Finance Store and I have decided to respond personally to this message. This will be our only response.

Our company helps small businesses and startups obtain funding. This is completely legal.

Learn more about our company & services
 www.BusinessFinanceStore.com 
Call us toll free at this number (888) 777-7713
Email us for further information at info@businessfinancestore.com 

The person who posted this complaint has a point, but is confused as to what we do. Generally it is a bad idea to give someone money hoping they will bring you back more money. There are many fraudulent companies out there who abuse your trust and do not deliver on their promises. We are not one of them.

We charge no advance fees. You only pay for our services once they are completed to your satisfaction.

We stand behind our services, and fulfill out commitments. If we don't get you the funding you need - you don't pay. This completely eliminates any risk that we won't fulfill our obligations to you as our client.

If you are seeking business funding its hard to know whom to trust.  To help you, weve built numerous safeguards that leave you in control and set the correct expectations for how we will perform. We're happy to review these steps with you. And because of this we are very effective in achieving our funding goals. Over 90% of our clients receive funding amounts either within or above the range projected and agreed to in advance.

We have many clients. We process over 100 new clients every month. We raised over $100 Million in funding between January 2009 and January 2012. We achieved this goal by being ethical and straightforward in how we deal with our clients.

Again, if you are seeking financing we are happy to help. We will treat you fairly and with respect, and we hope that you will do the same in return.  And if you own a business we wish you the best of luck. We love small business owners, we understand the unique difficulties the joys and pains that we all share. We are all in this together, and we are happy to support you in any way we can.

Sincerely,

Tim McCormack
CEO / President
The Business Finance Store

One last note: We stay out of Internet flame-wars. The possibility exists that this client will make all sorts of false claims in response to this post. We have no desire to continue to respond, and no one from our company will make any further comments. If you need funding, please contact us through the website or our toll free number (888) 777-7713. Feel free to investigate our company with anyone you like. We have nothing to hide.

Here is how you can contact us:
Learn more about our company & services www.BusinessFinanceStore.com 
Call us toll free at this number (888) 777-7713
Email us for further information at info@businessfinancestore.com 
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#1 General Comment

Yeah

AUTHOR: Outrageous - (United States of America)

POSTED: Friday, April 27, 2012

Yeah, usually should avoid

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