- Report: #1516107
Complaint Review: Everest Business Funding - Florida
Reported By:
Frustrated Consumer -
Las Vegas, United States
Submitted:
Updated:
-
Author Confirmed
Why?
Everest Business Funding
Florida, United States
Web:
N/A
Categories:
Business Rating:
(2)
Tell us has your experience with this business or person been good?
Everest Business Funding, LLC EBF; EBC, LLC There are several Everest; Everest Business Funding etc.. Run as far, and as fast, as you can from this Predatory Lending Firm. Florida
Run as far, and as fast, as you can from this Predatory Lending Firm. They will lend you money, and then use every unethical, immoral, and likely illegal tactic to try and get you to pay MORE than you owe. They are loanshaks disguised as "Merchant Cash Advance" firms and they will do everything they can to put you out of business. BEWARE>>>>>
They will contact your clients, associates, and others you deal with and tell them LIES; share your PERSONAL information without your consent, and basically threaten to destroy you if you do not give in to all of their ridiculous, outrageous and, very likely illegal predatory actions.
2 Updates & Rebuttals
Tonja
Las Vegas,Nevada,
United States
Rebuttal to "Michael" AKA - Everest Business Funding Employee "Grunt"
#2Author of original report
Wed, May 11, 2022
"Michael" - you have no idea who I am or what the issue is. Or if I am writing as a friend to someone who has dealt with YOUR firm. Please... you sound like a 12 year old who is defending his piece of the playground.
These firms are predatory sharks - and that is why the Senate is looking to outlaw companies like YOURS.
Nice try, though.
You should get a real job - and then come back to talk.
Michael
Tupelo,Mississippi,
United States
Everest Business Funding...DON'T BLAME OTHERS FOR YOUR MISTAKES!
#3Consumer Suggestion
Tue, May 10, 2022
So I am a small business owner. I have used Everest Business Funding, Mayfield, YesLender and several others over the past 2 years. I can get the money I need when I need it. YES IT IS EXPENSIVE! You are advance selling your recievables. However, if your running a legit business that has good sales, this shouldn't be an issue to pay it back, UNLESS you are a deadbeat!
In which case, you took a loan for money, you KNEW you couldn't payback and didn't care if it hurt the investors of the loan company. So in reality who is the ripoff? These loans are not intended to be free money.
They are intended to help you grow, secure product etc. Somthing that will increase your revenue! Most of you people complaining are not REAL BUSINESS OWNERS! Your a person who owns a side hustle and most likely funnels all the money from the company, putting you in this perdicament in the 1st place!
You are not a lawyer or a CPA. You should have taken the contract and had it viewed and read over. This was YOUR MISTAKE, not the loan company's mistake. They know what their forms and contracts say. I have personally read over at least 10-15 of them and if I didn't like the terms, I told them.
They are like most anybody else selling something. Price is negotible! Fees and Payments are negotible! Never take the 1st offer. This is most likely what most of y'all did! NOT EVEREST BUSINESS FUNDINGS PROBLEM! You were greedy and just saw the dollar signs $$$ !
In the future, pay attention! Read the agreement and ask questions if you do not understand it! All of these contracts say you will pay between $2000-$10,000 if you stop payment or do not pay them as agreed. Its clearly written and usually in a box or a section called FEES!
