Eagle Business Finance Matt Williams Defrauded my company of $14,759.64 for phoney equipment loan Irvine, California
In November of 2009 I was contacted by an employee of EAGLE BUSINESS FINANCE. They were interested in establishing a relationship with my company by providing us with a loan/lease back on our machinery.
We proceeded to complete the loan application and provided Eagle Business Finance with all of the requested financial information needed for the loan process.
We were very clear with Eagle that since our existing note was due on December 31, 2009 we must have new financing in place by that date. They assured us there would be no problem.
We were not funded in 2009. The funding committment made by Eagle was moved to January 29, 2010. Our present agreed to that funding date. Between January 28 and 29 we transferred $14,759.64 via wire transfer to Eagle. This dollar amount represented the first and last month's payment on our note with them. Eagle contacted our existing lender, requested a payoff and stated to them that the funding would take place on January 29.
To this date Eagle has never funded any loan for my company.
We have obviously secured financing elsewhere.
EAGLE BUSINESS FINANCE IS REFUSING TO RETURN OUR MONEY TO US EVEN THOUGH THEY NEVER FUNDED OUR LOAN. WE have requested a return of our money and Matt Williams has refused on numberous occasions.
Do not provide any information to Matt Williams or Eagle Business Financing. We have aware of 3 other companies that are in the same position that we are in. He is a conman and uses his limited knowledge of the law to defraud honest businesses of their money.
1 Updates & Rebuttals
Operations
United States of AmericaReport
#2REBUTTAL Owner of company
Wed, October 26, 2011
Our firm has a excellant reputation in our industry, providing much needed capital to small and medium sized companies. All this while this country is experiancing uncertain economic an polictical times. Our firm is commited to the main street businesses in this country and are happy to say we work with several national vendors as well as some of the biggest names in Franchises. We are continually seeking ways to improve both our products as well as ourselves and at the forefront of this is our commitment to providing best in class service. We have since legally as well as amicably settled this matter with Fortner Precision to the best interest of both our firms. As well as our firm has offered future financing with no advance payments to Fortner Precision in order to show our good will and demonstrate what we can do and to repair any ill will which may have arisen. We sincerely wish them all the best success in their future endeavors.