Lendvantage
LendVantage Small Business Loans
Look out for these guys. This company is owned by Money Mutual and Montell Williams and have scammed millions of people for years!
Only now they are using Larry King in their commercials. They charge crazy fees and make their money when the business can't payoff their loans so they just keep adding fees and more fees. I talked to them about a business loan for my bar. The fees were crazy.
When I did some digging, I realized who they are. I know the government is cracking down on their unfair payday loans. I can only hope they also look at the business loans.
There are many reputable lenders out there that make it possible to get a business loan without using these scammers.
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Can you lead me to one?
That review is unfair or probably set up by a competitor of the company. First of all, if you never got a loan through them, how would you know anything?
I got a loan through a lendvantage partner (lendvantage isn't even a lender, just a kind of lead generator) and while it wasn't exactly cheap money, they made it happen in almost exactly 48 hours and really helped me through a period of low cash flow. If I hadn't been able to get the loan, I would have not have been able to make payroll. There were no crazy fees, just the payback amount we agreed upon.
Believe me, I'm super conservative with my money and would have avoided getting a loan if I could have, but I just finished paying off the note and the lendvantage people treated me square.