In November of my business was approached by a sales agent for a company called EPS90. The pitch: They can set up a 90 day in-house financing program for our customers. The customer post dates checks for their payments, the checks are scanned into a terminal for conversion to an ACH withdrawl on the date specified and I don't have any worries because EPS90 guarantees the checks. CALL ME A SUCKER!
I have experienced nothing short of outright theft by this company. First, they do NOT guarantee payment as they said. Their "policy" is that they only guarantee check volume under 5% of the total amount of the dollar transactions that they have processed. Had that fact been disclosed at the time of sale, I would NEVER have considered doing business with them. To date I have over $8000 in uncollected funds and I'm on the hook for a $4800 lease on a terminal I can't use! Repeated calls, emails, and faxes have proved useless.
The only advice I have is FIND ANOTHER SOLUTION! This company is poor at best, bordering on complete fraud. Do not believe a word they say. There is no support from a company that should be shut down fraud. EPS90 90 day financing is a complete joke, at best, and a complete ripoff without a doubt.
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