This company has quoted 3 different up front fees to get loans and investment. I have professional accountants and lawyers, all documents were in, in a timely manner complete, when I read the reports I thought those other complainers were just un organized, or didn't complete the requests on time which having a banking back ground my self know how important that is. Every time they call they ask for the balance of the retainer, I have them on recording asking three different times in different ways, they were more interested in the up front fee than getting the loan processed and when I called the out on it, Kelly Fontain called and screamed at me, blaming the broker. Not true! STAY AWAY, RUN. Thank You.
Below are 2 different quotes,
Dear Mr. Raines:
The clarity of the mattter is as follows; Normally we issue or formal documents after review of the transactions merits and the file was made into 2 separate tranasctions: The original Bridge Funding would normally recieve the refundable retainer of $2,750 for bridge financing
Re: $1,500, 000 Secured Bridge / Expansion Capital for Drake Book, Inc located in Long wood, Florida
Dear Mr. Raines:
This letter will confirm agreement between Borrower and Twenty Four Seven Funding, (24/7) with respect to the above referenced transaction.in the event that Borrower accepts and closes on financing from a funding source introduced by 24/7, then 24/7 will be entitled to receive a one-time fee of TWO PERCENT (2%) on the funded amount to be split on a 50/50 basis with United Capital Partners, the introducing broker, payable out of proceeds at closing.
If you need further information please call 407 520 9731 these people are not legitimate!
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