Complaint / Review
U.S. Medical Funding, Marc Cornella, Glenn Cornella
U.S. Medical Funding, Inc. U.S. Medical Funding Marc Cornella U.S., Glenn Cornella Scammed us out of over $22,000.00

The first thing about this company that is completely misleading is its name.

U.S. Medical Funding does not "fund" anything!

They are simply brokers. That's what they don't tell you. It was not told to us up front. We thought we were paying a "Good Faith Estimate Fee" which would go towards the loan of our project. The estimate of our construction project was 2.2 million, so naturally they asked for 1% which was $22,000.00 in our case.

Well, what they don't tell you is that all they did was call someone at Wachovia Bank (not a great choice) and gave our phone number to them. That's it! That's all these characters did for $22,000.00!!!

We had to file tons of paperwork with Wachovia only to get a terrible rate.

We eventually secured a better offer with a local bank. That's another promise they fail to deliver; they have a guarantee on their website about beating any rates, etc. This guarantee doesn't really mean anything.

The bottom line is that we are in the hole for $22,000.00 just for asking for a loan for a construction project!