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  • Report:  #1388584

Complaint Review: First Premier Funding Verified TRUSTED Business | Ripoff Report Verified™... businesses you can trust. First Premier Funding providing businesses the financial solutions they need to continue to grow successfully. First Premier Funding offers a variety of useful services including business term loans merchant cash advance lines of credit capital equipment loans as well as traditional business financing solutions.

First Premier Funding Verified TRUSTED Business REVIEW: First Premier Funding, offers a variety of useful services, including business term loans, merchant cash advance, lines of credit, capital equipment loans, as well as traditional business financing solutions.


*UPDATE: First Premier Funding pledges commitment to Ripoff Report Corporate Advocacy, Business Remediation & Customer Satisfaction Program. A program that benefits consumers, ensuring complete satisfaction, confidence when doing business with a member business. First Premier Funding recognized by Ripoff Report Verifiedâ„¢ as a safe business service.

  • Reported By:
    Mary K. — Amityville New York USA
  • Submitted:
    Thu, July 27, 2017
  • Updated:
    Fri, November 03, 2017
  • First Premier Funding Verified TRUSTED Business | Ripoff Report Verified™... businesses you can trust. First Premier Funding providing businesses the financial solutions they need to continue to grow successfully. First Premier Funding, offers a variety of useful services, including business term loans, merchant cash advance, lines of credit, capital equipment loans, as well as traditional business financing solutions.
    6800 Jericho Turnpike Suite 120w
    syosset, New York
    USA
  • Phone:
    8883588484
  • Web:
  • Category:

ABOUT THE RIPOFF REPORT BELOW:

Ripoff Report would like to let readers know that Ripoff Report emailed this customer, so the member business could make things right with them. When a business joins the Corporate Advocacy Program, Ripoff Report emails everyone from the past so the member business can make things right with them. Of course, everything within reason. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses, so we can insure that the member business did right by their customer. The author of the Ripoff Report below never responded to our offer to help them.

STATEMENT FROM FIRST PREMIER FUNDING:

This “story” reported by “Mary K.” in my best estimation must have been concocted by a competitor in an effort to damage the excellent reputation we are proud to have established here at First Premier Funding. If this was indeed an accurate review, why is it that we have no record of a Mary K in our database? Why is it that no one within the organization can ever a recall a situation like this ever happening? Please Mary K, we strongly encourage you to step out from the anonymity of the internet, and provide evidence of such an occurrence. We will be patiently waiting for your response. More importantly, if a true and accurate depiction of who we are as a company is what you are seeking, you can simply take a moment to consider our BBB and TrustPilot ‘verified’ reviews from “actual” clients. In doing so, you will clearly see that customer service, honesty and integrity is at the forefront of everything we do here at First Premier Funding. Thank you to RipOff Report’s Corporate Advocacy Program for allowing us the opportunity to respond to these accusations through a forum that our customers can see are in fact very transparent and helpful in dealing with false accusations such as the instance presented here.

NOW TO THE ORIGINAL REPORT THAT WAS FILED

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This place is easily the WORST scam going out there!!  I have never dealt with a bigger bunch of con artists and liars in my entire life!  I went to them to try to get financing for my business which has turned out to be one of the biggest mistakes I have EVER MADE!!  In the beginning they are very very smooth talking and seem very nice and they have a way of making you feel very comfotable with them - but dont be fooled because this is all just part of the con!  I started dealing with them because I fell for their lines and their slick talk.

It took about 3 weeks of being given the run around but finally they told me they had a program for me to get me the capital I needed to grow my business like I wanted.  They laid out a daily repayment loan program for me which I found reasonable and I told them I would take it.  I was emailed a closing package to sign within a day or so and everything seemed ok.  The payments and loan amount they promised were there in black and white, so I signed everything and sent it back.  In 24 hours I had the money deposited in my account.  Eveything seemed fine.

After I got the money I knew the lender was going to start taking daily withdrawals as i agreed to.  The daily repayment that I signed for $245 per day 5 days a week.  Because I signed the paper work I never thought to check the bank account right away.  That was a huge mistake!  When I checked my account 4 days after the started withdrawing?  I found out they were taking $565 a day!  This was $320 more than I agreed to and signed for!

I immediately called the crooks at first premier back and was told "there must have been a clerical error, well get back to you"..Getting back to me apparently meant not taking or returning my calls for the next week!!  I couldn't even believe this was happening.  I finally got on the phone with the lender they paired me with and I was told that according to what I signed the paperwork stated a $565 payment per day!! I told them expressly that this was not what I signed,abd I had t go back and forth with them for two days - only to find out that the paperwork that I signed was not the paperwork they got!!

I've had to now shut down my bank account to deal with this disaster and stop paying this lender until my lawyer can sort this all out, and now I have this lender threatening  to sue me and my business!

Dealing with this company has been an ABSOLUTE NIGHTMARE FOR MY BUSINESS AND IN MY LIFE!!  They are liars and theives and I cannot even believe they are in business!! I now hve had to hire a lawyer and I have to go the attorney general and go through even more aggravation over this.  All I can say is STAY AWAY FROM THESE PEOPLE FOR YOUR OWN GOOD!!  DONT BE THE NEXT VICTIM!

1 Updates & Rebuttals


coast

Florida,
USA

Question

#2Consumer Comment

Sat, July 29, 2017

What was the lender’s response when you sent them a copy of the signed agreement that supported your claim that the payment was $245 a day?

Respond to this Report!