Consumer reviews and reports on scam companies, bad products and services
Unsecured Business Funding is more like Unsure Business Scamming!!!! St George, Utah
2nd of Nov, 2011 by User672251
Unsecured Business Funding is nothing but a scam!! The only service this company is good at doing is collecting money from its innocent clients!! Having a desire to operate a business, I was naive enough to trust this company. They were so helpful at beginning, advertising that the funding is easy and will get approved within a week or 15 days. In addition, they will assign a personal loan officer to work with me and guide me step by step through the whole process until the funding is approved,,,,well, this is nothing but false advertising!!!!!!! After charging me an upfront fee of $250 and persuaded me to file loan as an LLC instead of a personal loan (which costs me another $2500!!), they were no where to be seen/heard!!!! It is almost impossible to contact them. It turned out that there’s only one loan adviser –David Clark, that is taking care of all loan applications and reaching him is like finding a needle in the Safari desert,,, good luck of hearing back from him unless you have sent countless emails, voice messages, then maybe you’re lucky enough to get a vague response from him. But here is anther twist, after a bunch of complaints via both emails and voice messages, they then transferred me over to the so called loan processor –Paula McComb which cannot be contacted at all through telephone!!! Yes, what the hell!!!!! What kind of “guiding me step by step” procedure that I couldn’t even call the damn individual???? And listen to this, thought they would guide me on how to put together a business plan,,,guess what,,,dream on!!!!! They left me all alone,,,having to spend more money and time to come up with the business plan to only come to a realization that the only thing they’re supposed to do (that is getting the fund), they couldn’t do it nor give me any status as how my funding progress was going… Should have known better from the beginning as how fast they wanted to collect my money and what kind of a company that runs only on three or two individuals that mostly cannot be contacted????? Long story short, I’m filing a dispute to have my money reverted back as well as seeking a lawsuit on this scam. Unsecured Business Funding is nothing BUT a SCAM!!!!! Stay away from them.

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