Investors Building And Loan/David Boyd Dave Boyd/Investors Building and Loan running scams Orange, California
David Boyd made guaranties for loan approval (even after specific questions were asked about up front payment) that's out right fraud. He sends PDF documents your unable to complete. Then hands you off to another loan officer with another company. In my case to a woman by the name of Kay Barzon, Listed as President of DMR Business Solutions Inc., in Woodland Hills, CA (Business that claims to help Woman Owned Business). When SBA loan is submitted I was told 4 to 6 weeks (when SBA states 36 hour turn around)? When questioning the time frame, I was forwarded an article stating lenders were submitting to many Express Loan Applications??? Once turned down by Innovative Bank for reason(s) David Boyd assured would not be a problem. Everyone disappears.
David Boyd, states he thought Loan was handled. Won't return calls, claims another loan application is in review, won't return e-mails, call (voice mail always full) and won't return funds of $ 495.00 paid in good faith for services David Boyd and Investors Building and Loan did not render.
Innovative Bank states in their letter that applicant is not to contact them or person that submitted the SBA loan application? Loan officer at Innovative Bank stated I could reapply in 90 days, once a minor issues was corrected. This is a scam being played by, I am afraid, more then just David Boyd and Investors Building and Loan.
Thanks Arnold, it's hard enough to build and run a business without these scam artists being licensed to operate!
Complaint filed with the California District Attorney's Office and deling with the fraud department at my bank!
Ann
SJC, California
U.S.A.
2 Updates & Rebuttals
Regis
Yorba Linda,California,
U.S.A.
corporate placement and lending
#3UPDATE EX-employee responds
Tue, August 04, 2009
is the new name of david boyd's scam:
www.lendingadminonline.com
Kay Barzon, President
Woodland Hills,California,
U.S.A.
DMR Business Solutions, Inc. is not associated with Investors Building and Loan
#3REBUTTAL Owner of company
Fri, May 15, 2009
With more than 25 years bank and lending experience, I founded DMR Business Solutions, Inc. As a business advocate, we help guide our clients nationwide through the maze of lending obstacles. My passion is helping businesses to succeed, especially the fastest growing business segment, women-owned businesses.
To clarify report #359946:
We are approved by the U.S. Small Business Administration (SBA), as a Technical Assistant Provider for SBA Express loans. We assist with the application submission and stay in contact with the lender regarding the application status. This assistance is arranged for and paid by the lender.
We are not associated with Investors Building and Loan.
We also do not have any control over the SBA or the lender's guidelines, timing for approvals, declines or funding.
For more information on our company and services, please visit our web site: www.dmrbusiness.net