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  • Report:  #462146

Complaint Review: HCR Bancorp - Steve Gurnee - Salem Connecticut

Reported By:
- Raleigh, North Carolina,
Submitted:
Updated:

HCR Bancorp - Steve Gurnee
20 Hartford Rd Salem, 06420 Connecticut, U.S.A.
Phone:
866-472-7781
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Mr. Gurnee purports to be the funding when in fact he is not. His listing on various internet sites is deceptive. He requird us to assemble due diligence information, transmit it overnight (hard copy) pay a fee of $750 and then avoided all of our calls. When we finally caught up with him he claimed our deal was in the underwriting department and caught up in the vast number of deals HCR was involved with. The company adress is in a strip mall and likely a mail drop station and the telephone is answered by a service that did not even know what city in which HCR was located. Each time we were told he was in a meeting. Someof the contact names (email addresses) on their website no longer exist. One did and I was told HCR exclusively arranges commercial loans. Mr. Gurnee then requested a $2500 fee to review the information we provided months earlier and he had absolutely no understanding of our deal. He is a loan originator, not an angel, and shops for loans through various web portals. He is 100% focused on the transactional aspects of the money flowing into him. Yes, he had us sign paperwork, under false pretenses and was deceptive in portraying the capabilities of HCR Bancorp.

Chuck

Raleigh, North Carolina

U.S.A.


1 Updates & Rebuttals

Hcr

Salem,
Connecticut,
U.S.A.
Really?

#2REBUTTAL Owner of company

Thu, June 18, 2009

I will keep this brief: 1) While it is Ok for my name to be splashed on the internet in a deragatory manner, the person filing the report hides behind "Chuckie Cheese"...really? 2) Just because we CAN invest in your company does not mean we WILL. That's what due diligence is for. 3) Yes the underwriting/due diligence took longer than normal. The business plan supplied for the "next best widget" was complex and technical. We needed to have a strong understanding of it. Obviously our understanding was different than Chuckie's. ( see #2 ) 4) Our Letter of Intenet mentions MULTIPLE times that "OUR OR OUR INVESTOR" may be involved in the funding of any deal. I am not sure where the deception is regarding that point. 5) Yes, our company is located in a strip mall, along with @ TWENTY other businesses. 6) Yes we do use a reception service. They provide 12hr a day phone coverage for a fraction of what a live full time receptionist would cost. This is called being fiscally conservative.

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