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  • Report:  #832492

Complaint Review: Renewable Energy Equipment Leasing

Renewable Energy Equipment Leasing REEL (Unsecured Financing Program, Yeah Right!) Marietta, Georgia

  • Reported By:
    Honest Man — Albuquerque New Mexico United States of America
  • Submitted:
    Thu, February 02, 2012
  • Updated:
    Mon, April 24, 2017

     Renewable Endergy Equipment Leasing, or REEL for short is the most unethical, dishonest company I have ever had the misfortune of encountered.  They offer small companies an "unsecured" comsumer financing programs for the products and services that small businesses sell.  What people don't know is that the programs REEl is offering are not unsecured at all.  It is a classic case of bait and switch.

     REEL calles their programs unsecured, but the programs are actually home equity loans.  The programs cover financing from $1,000 - $30,000.  So, you could lose your home for a mere $30,000 loan.  You are putting a lien on your home, when all the while REEL is telling you it is unsecured.  Totally dishonest is criminal in my opinion. 

     REEL is located in Marietta, GA, and I recommend that you stay as far away from them as possible if you ever need financing. 

2 Updates & Rebuttals


reel Support Team

Marietta,
Georgia,
USA

Renewable Energy Equipment Leasing (reel)

#3Consumer Suggestion

Mon, April 24, 2017

Renewable Energy Equipment Leasing (reel) has always offered the "reel" Advantage 10 Residential Finance Product which is designed to provide all residential customers with the lowest rates and the longest terms possible when considering a home improvement project.  Advantage 10 is available in all 50 states.

The Advantage 10 Program is an unsecured FHA Title 1 Home Improvement Loan with terms as long as 120 months (10 years) with effective interest rates between 6.0% - 12.0%, for amounts up to $7,500.00.

To learn more about this product, please visit our website at  https://www.thinkreelgreen.com/advantage-10/

We hope this clarifies the misunderstanding about this particular product which is the quickest and best financing solution available to you other than refinancing your residence under the Advantage 30 program. 

Please contact us at support@thinkreelgreen or 1-877-914-7335 with any questions or concerns you may have.

 

 


Thinkreelgreen

Atlanta,
Georgia,
USA

Federal Loans

#3UPDATE Employee

Sat, May 02, 2015

Renewable Energy Equipment Leasing (reel) offers title 1 home improvement loans (Federal Loans) which are the most beneficial and cost effective for all homeowners. Unsecured loans up to $7,500.00. Please view all details at www.thinkreelgreen.com to review addition products. Reel has the largest dealer network of "qualified" Manufacturers, Distributors and Dealers throughout North America and the Caribbean serving the "green" space. Reel's core business focus and global presence for over a decade is primarily in financial advisory, underwriting, cash-flow modeling and structures, equity partnerships , debt financing of all energy equipment processes and technologies including solar, biomass, biomass, and more. Through this process we create a comprehensive "turnkey" solution to the projects most critical capital funding needs, while providing many additional benefits. Referenced below are key products, services, capabilities, and collaborative expertise of our resources. Please inquire at energyprojects@thinkreelgreen.com, visit our site at www.thinkreelgree.com and check back periodically for our upcoming relaunch . Overall Capabilities and Industry Focus Residential/Consumer Energy Project Loans Commercial- rated and non-rated Government/Municipalities/Not-For-Profit Universities/Charter Schools/All Educational Facilities Recycling Facilities Utility Scale Projects/PPA's/ESCO'S Energy Efficient Lighting Retrofits Financing Taxable and Tax-Exempt Bond Financing Preliminary Financial and Marketing Analysis Please contact us for more..... 1-877-914-7335. Dealer Support Team

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