Complaint / Review
CapNet Leasing Corporation
Maxim, AEL Financial, Financial Pacific Leasing, Axis Eric Slegel promised $100,000.00 at low interest. Turned out to be 62%!

When our company needed some financial help, CapNet sounded like a really good deal. All Eric did was farm out the loans to the others mentioned. One of the loan's interest rate is 62%, another 43%, and another at 37% and 39%. These loans are all non-cancelable agreements. This means that we cannot pay them off early. A $262,000 loan will now cost $680,249 to pay off. If the loan is a five-year loan, you will be obligated to pay ALL of the taxes and ALL of the interest even if you are able to pay it off in 6 months.

This was an awful tough lesson. Don't ever be taken in like we were. They are nothing but crooks!