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  • Report:  #412000

Complaint Review: Commercial Lending Capital Inc. Clcnationwide Clc

Commercial Lending Capital Inc., Clcnationwide, Clc Commercial lender that steals deposits, beware, have stolen over 20 deposits from clients in my network that i know of, no performance Riverside California

  • Reported By:
    Ramona California
  • Submitted:
    Wed, January 14, 2009
  • Updated:
    Thu, November 11, 2010
  • Commercial Lending Capital Inc., Clcnationwide, Clc
    3637 Arlington Avenue, Suite C
    Riverside, California
    U.S.A.
  • Phone:
    951-715-0084
  • Category:

Commercial Lending Capital says they're a direct lender, but they're not, they're just brokers. They're MO is to collect deposits and that is their income source. They don't close loans, that is a sham. My network of associates I have created when researching this matter has had over 20 deposits stolen, do not let this happen to you. www.clcnationwide.com

Integrity1
Ramona, California
U.S.A.

9 Updates & Rebuttals


Whistleblower

Upland,
California,
USA

Mislead Ex-employee Wants to Help

#10

Mon, September 07, 2009

I would absolutely love to help anyone who has had an unfortunate experience with CLC.  Trust me, we need to talk.  Please send email to cbat67@yahoo.com with your contact information and I will be happy to contact you.


Jerry

El Segundo,
California,
U.S.A.

Commercial Lending Capital

#10

Sun, August 30, 2009

Commercial Lending Capital one word : Beware!!! They will take your money without a Gun and rip You off. I have heard a lot of good decent hard working people been ripped off by this treacherous Company. I suggest you Investigate them first do they actually close loans? They are a Broker with a lender's licenses? They are arrogant I can attest to that. Do they need to be sitting in Jail with Madoff...I think so...


Jerry

El Segundo,
California,
U.S.A.

Commercial lending Scam Capital

#10Consumer Suggestion

Mon, March 16, 2009

You are exactly right. CLC is a disgrace. I am shocked that they haven't been shut down yet. CLC scammed 4 of my client's.


Jerry

El Segundo,
California,
U.S.A.

Commercial Lending Capital in Riverside is a Scam

#10REBUTTAL Individual responds

Mon, March 16, 2009

Smart4law works with CLC he is based in Riverside heres his response.

To say that CLC is a rip off isn't really a fair statement. 'Customer service' isn't always a happy ending but in the world of commercial property CLC has many more sucessful funding of loans

CLC is Not funding loans they shop there loan's out to other lenders. We have 7 consumers who gave this Scam Company DD fee's and everyone had problems.
No refund's but empty promises. They Scam good.
They steal you money and drag you on for 4-6 months with incompetent employees. Nicole Ferguson and Scott Oakley know what they are doing over there they are under investigation for scamming good decent consumers. There time will come. Stay away from this Fraudulent company beware consumers!!!
Commercial Lending Capital Inc., Clcnationwide, Clc
Phone: 951-715-0084
Fax: 951-848-9673

3637 Arlington Avenue, Suite C
Riverside, California, 92506
U.S.A.


Smart4law

Riverside,
California,
U.S.A.

CLC is funding loans

#10UPDATE Employee

Tue, January 27, 2009

To say that CLC is a rip off isn't really a fair statement. "Customer service" isn't always a happy ending but in the world of commercial property CLC has many more sucessful funding of loans, then not.
The deposits are simply the customer's money used for the customer's appraisal, etc. By collecting a deposit CLC is able to fund 3rd party services (on behalf of the customer) without waiting for individual payments. In essence, the funding process runs more smoothly and consistently.
CLC's theory is the fund loans; and our team is working with software that will custom fit a loan to each customer. Unlike a banking loan request; if they can't fund the loan, they will deny the application; period. CLC will continue to research different avenues until they can offer the customer a solution.


Smart4law

Riverside,
California,
U.S.A.

CLC is funding loans

#10UPDATE Employee

Tue, January 27, 2009

To say that CLC is a rip off isn't really a fair statement. "Customer service" isn't always a happy ending but in the world of commercial property CLC has many more sucessful funding of loans, then not.
The deposits are simply the customer's money used for the customer's appraisal, etc. By collecting a deposit CLC is able to fund 3rd party services (on behalf of the customer) without waiting for individual payments. In essence, the funding process runs more smoothly and consistently.
CLC's theory is the fund loans; and our team is working with software that will custom fit a loan to each customer. Unlike a banking loan request; if they can't fund the loan, they will deny the application; period. CLC will continue to research different avenues until they can offer the customer a solution.


Smart4law

Riverside,
California,
U.S.A.

CLC is funding loans

#10UPDATE Employee

Tue, January 27, 2009

To say that CLC is a rip off isn't really a fair statement. "Customer service" isn't always a happy ending but in the world of commercial property CLC has many more sucessful funding of loans, then not.
The deposits are simply the customer's money used for the customer's appraisal, etc. By collecting a deposit CLC is able to fund 3rd party services (on behalf of the customer) without waiting for individual payments. In essence, the funding process runs more smoothly and consistently.
CLC's theory is the fund loans; and our team is working with software that will custom fit a loan to each customer. Unlike a banking loan request; if they can't fund the loan, they will deny the application; period. CLC will continue to research different avenues until they can offer the customer a solution.


Smart4law

Riverside,
California,
U.S.A.

CLC is funding loans

#10UPDATE Employee

Tue, January 27, 2009

To say that CLC is a rip off isn't really a fair statement. "Customer service" isn't always a happy ending but in the world of commercial property CLC has many more sucessful funding of loans, then not.
The deposits are simply the customer's money used for the customer's appraisal, etc. By collecting a deposit CLC is able to fund 3rd party services (on behalf of the customer) without waiting for individual payments. In essence, the funding process runs more smoothly and consistently.
CLC's theory is the fund loans; and our team is working with software that will custom fit a loan to each customer. Unlike a banking loan request; if they can't fund the loan, they will deny the application; period. CLC will continue to research different avenues until they can offer the customer a solution.


Smart4law

Riverside,
California,
U.S.A.

Commercial Lending Capital, Inc. isn't a scam

#10UPDATE Employee

Mon, January 26, 2009

I would like to respond to the allegation that CLC is a scam and the deposit collected are the company's source of income...

First of all, CLC is funding loans. In fact, CLC is using software that hand picks a loan specific to each customer. CLC doesn't claim that all customers and completely satisfied; but we certainly try and fund a loan that satisfies everyone.

The deposits are not generated income; they are the customer's money and used for the customers' appraisal, etc. The deposits simply allow CLC to run a smooth operation; from appraisal to closing shouldn't be a hassle to the client.

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