Usacomplaints.com » Business & Finance » Complaint / Review: Quaker State Comercial Fiance - Len Keating A Broker who holds themselves out to be a Private Banker, Not!. #648059

Complaint / Review
Quaker State Comercial Fiance
Len Keating A Broker who holds themselves out to be a Private Banker, Not!

This company holds themselves out to be a private lender with 100 to 150 private investors ready to go if the project looks good. They charge you $15,000 a project. They did this. On one project we could not get the sellers to extend to meet the financing deadline. They then said they would do another project. After doing their boots on the ground report, all they did was send me to another lender who now wanted an additional $25,000.00. Funny thing was, I had already spoke with this group prior to contacting Quaker.

Be very wary. Quaker will take your money. They do a nice report and then submit your package to other lenders. They do not have, as I was told over the phone, 100's of private lenders. They are a broker who will refer you to a more expensive lender. You will most likely NOT get a loan, or if you do, it will cost you a lot more upfront they they let on!


Offender: Quaker State Comercial Fiance

Country: USA   State: Pennsylvania   City: Conshohocken
Address: 1950 Butler Pike, Suite 137
Phone: 6106676701
Site:

Category: Business & Finance

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