Express Business Capital, LLC, (EBC), and it's managing partner Bill Holliday and his wife Tami Burgess Holliday are total scam artist.
Express Business Capital guarenteed a business line of credit to me in the amount I requested $150,000. After I completed (what I now know to be) a bogus "preliminary application, I was sent a bogus "pre-approval letter, and a "good faith deposit" request requiring $1500 to go further and have EBC secure my business line of credit.
I discussed this process with Mr. Holliday over a 2 month period before I wired him the $1500, and in those discussions, I was assured his process only took 2 to 3 weeks, and I would be guarenteed the line of credit. I chose to go with Mr. Holliday as opposed to another company that told the truth, that to secure a business line of credit would take 10-12 weeks, but their fee was a bit higher, and I did not have that amount of time as I was trying to market my businesses to get ready for the 2010 spring market.
After I paid the money, I did not hear from Bill Holliday. I called him and emailed his wife, and it was a couple of days later that he finally responded and verified he had my money, and the process was underway. The money was wired to him on 1/26/10 and I sent the required documents to him on 2/1/10, which included credit reports for myself and my father, company articles of incorp, DL, and other documents he requested. I doubt if he reviewed any of the documents, once he got the money.
After 3.5 weeks, there was no approval, no communication from Bill Holliday other than my calls and emails, when Bill Holliday would finally call back, he would assure me that all was going well, and I would have my approval shortly.
I got an approval but it belonged to someone else, which showed the carelessness of EBC in sending someone's personal financial information to my email. I informed EBC of their mistake, and two days later, I got the same type of bogus approval letter. The approval was for something called an "Aged Corp/Credit Enhancement Program" which required going through a broker from 2nd Street Financial, and paying an up front fee of $2500 and another 6 - 10 weeks before I would be funded, if I would have been funded at all. Under 2nd Street Financial, my companies did not meet the requirements to be approved for the $150,000, so there was no other choice but to pay the $2500 and buy a corporation with good credit.
I immediately emailed Bill Holliday, and told him this is not what we agreed upon by phone or in his documents, I told Bill Holliday, I did not have $2500 to put up to "buy a corporation, with good credit", or have time to wait another 6 - 10 weeks. I contacted the name of the person from 2nd Street Financial, and he said he had never seen all the documents I sent to Bill Holliday, once I did send the documents to 2nd Street Financial, he was concerned about the 30 day late on my father's credit who was applying with me, and felt unless I had a stronger co-signer, I could not get an approval without buying a Corporation with good credit for $2500.
When I was able to get Bill Holliday on the phone, after my emails, and phone messages, he told me he never told me the process would take 2-3 weeks, and since I was doing this business line of credit with my father (who had a 30 day mortgage late), he told me he never knew that my father had a late mortgage payment, (which shows he never looked at the 45 pages of documents I sent him).
Bill Holliday to this day insists that I am approved for a business of credit for $150,000 and he has said will not refund my deposit of $1500.
Bill Hollliday, and his wife Tami Burgess Holliday, are total scam artists that take people's money, and do nothing. It wasn't until I started getting concerned did I Google this company and found out, Bill Holliday and EBC, have an F rating from the BBB, various complaints filed with the BBB and have been reported on another consumer scam web site. I was even told they were ripping Consumers off under another company name. Bill Holliday is a dishonest person, whom I let scam me because he sounded like an honest old man over the phone.
Even after talking to him for 2 months, before I paid him the money he was able to keep up a very good pretense.
Do not use Express Business Capital, and stay away from Bill Holliday and Tami Burgess Holliday.
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