GCR Capital guaranteed they had found an investor for a skatepark and climbing wall gym. Requested down payment (first, last and security) for the lease and after receiving money called us to say they could not get the loan approved because the investors thought the business had liability risks. After not returning calls, they offered to obtain a personal or business and a lease-back deal which we refused and requested for the money back and they said they would not do so because we pulled back.
After contacting BBB and State Attorney's Office, we found out that companies that provide leases do not fall under loan/bank laws. Be aware of companies that request a down payment and do not deliver.
Dercilio
Boca Raton, Florida
U.S.A.
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