I was looking for funding and I found an advertisement in a little magazine publication. It seemed okay. It had a huge ad that drew me in saying all the right things, "No financial statements, tax returns, business plans, perfect credit or application fees". It was one of those companies that works with businesses who accepted (POS) credit cards and debit cards. I called just to get some information, next thing I knew I was filling out an application. For me to get funding it depended on my monthly interac sales, which was fine. I was approved right away but for me to get the funding I had to switch interac companies. Plus, I had to lease their (POS) machine. They took an annual members fee and a setup fee out of my account, something they did not mention and another fee by the leasing company. AND I STILL DID NOT GET ANY FUNDING! After all that they informed me that I needed a co-signer. So, got one and still no funding till months and months later. Finally, I got tired of waiting and calling with no avail, I tried to cancel. No such luck! Apparently, there is a cancellation fee which I can't afford so I let them take their monthly service charge out of my account every month. AND I'm locked into a non-cancelable lease agreement with an interac terminal I don't even use, and that monthly payment also is credited out of my account. They informed me that I can transfer to another person or business who wants it but chances on that happening is slim. Really should have went with my instincts on this one but was desperate for some extra funding. BBB gave them a low rating. I don't know what to do. Someone please help me! Please!
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