First Down Funding

First Down Funding

We were contacted by an asian speaking representative telling us that we were apporoved for a business loan. We were interested, so asked for the application. Once filled out, we were contacted by Paul, who stated he was the senior loan agent. He advised that he “fought” for our loan and we were approved to be funded. He told us the terms would start at daily repayment, then after 10 consecutive payments, they would go to weekly or bi-weekly. After receiving a form requesting my bank log in passwords and information, I began to question, why they would need such information. I refuse that option, and he sends me a link for Decision Logic. This is supposed to be an on-line bank verification service. After completing it, the next day, I call and send an email checking on the status of our funding. I then receive another form teling me that I have to authorize another $299.00 to be taken out of my business account. No explanation, no call, just the form. After finally getting Paul to return my call,and asking him questions about this amount, he rersponds” I don’t have to answer you, I will just hang up the call.” | This confirmed what the previous report on this company stated. They are predators looking to obtain business financial information. I sent an email requesting the documents I sent back, but have yet to receive them. DO NOT SEND THIS COMPANY YOUR PERSONAL BANKING INFORMATION! THEY WILL NOT PROVIDE YOU WHAT THEY STATE.

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