Second Chance Funding AKA: Business Advance MCA Funding Loan Brooklyn NY
On 9/7/18, we got a MCA Funding Loan from Second Chance Funding AKA: Business Advance. We borrowed $4,000 and we had to pay back $5,996. This company had access to our business bank routing # & our business bank account # to withdraw payments Monday thru Friday until we paid back our loan plus interest in the total amount of $5,996.
The major problem with this company is that Yossi & Solomon know that we OVERPAID $4,545. This total includes our $432 in NSF'S Fees that was caused by this company because they kept withdrawing money from our business bank account after they knew that we paid back all of our money in Nov 2018. Yossi was emailed and texted and talked to many times to STOP withdrawing money from our business bank account because we OVERPAID and to give us our money back. Yossi would NOT stop after many attempts. Finally, one day, after getting LOUD in the funder world it got back to Solomon (a manager) who then finally stopped the daily withdrawals after 1/17/19.
The reason why we didn't stop payments is because we didn't want to be charged a $2,500 stop payment fee or a $5,000 default fee, especially since this company had a COJ (confession of judgement) on our massage spa which would cut off all of our revenue stream (i.e. Groupon, FetchRev) to survive.
Second Chance Funding AKA: Business Advance willing committed BANK FRAUD against our massage spa. To this day, Yossi and Solomon are not willing to give us a REFUND. This is WRONG on every level: 1) ethical; 2) moral; 3) professional.
This report is a WARNING for millions to see to avoid getting MCA Funding with this company. This report will stay up until Yossi and Solomon give us a FULL REFUND in the amount of $4,545, plus email our zero balance letter too. Date Report Filed: 3/28/19.