Huge waste of time
Huge waste of time, I contacted united capital source for a second business loan to assist me with more product inventory. Yesterday I sent in all my documents, proof of sales with square and even was transparent and upfront with them yesterday and said "Hey look I took out a loan with another company I am looking for additional funding I am not trying to hide anything just need the additional assistance. John Baum was upfront and transparent and said he could not guarantee anything, but he would try. John gives me a ring back yesterday and says hey I got you approved for 3K, but I am trying to get you 3-5 k but send your voided check and government issued id to me and your square sales history which I did, now he says I got you approved for 4k and I will send the contract. Long story short United capital source called me talking about "What did you do too Bitty?" I said what I didn't do anything then he goes well the bank is saying you put a stop payment to bitty and I said I just logged into my account the stop payment is for a check clearly which means capital funding source made false assumptions and decided not to fund me due to a stop payment on a check I had issued yesterday to a vendor, they falsely assumed I put a stop payment on the funds with the other loan which is impossible when my bank account still shows funds coming out from the other loan provider. I called my bank immediately from the store phone and gave them the allegations from the loan provider and they said no the stop payment you requested was for check number 1019 and they do not do 3rd party calls without the account holder on the line for any information on the account there was no record of the loan provider calling into First National Bank Texas. the only way you can stop payment on an ACH transaction is you would have to file an unauthorized dispute and close your account and reopen a new account if you are claiming fraud transaction but if you have a signed agreement. I gave them access to my bank account and everything manually over the phone so why would I need to hide anything lol. I do not recommend you waste your time because they are going to only make false assumptions and the fact, I provided my banking details over the phone just for them to access my account was kind of fishy, but I needed the funds and was desperate I would not recommend you go with this company total time waster.