I had a very disappointing experience…
I had a very disappointing experience with SPG Funding while attempting to obtain a business loan. A representative named George Faham contacted me and informed me that my loan had been approved and that they only needed a few additional documents to complete the process. I promptly provided everything he requested. For approximately a week, there was a constant back-and-forth communication. Throughout that time, I was repeatedly told that everything was approved, that the documents I was providing were the final items needed, and that the loan would soon be funded. After spending an entire week providing personal and business information and documentation, communication suddenly stopped. I ultimately had to contact them myself to find out what was happening. I was then told that they could not move forward because they did not approve of my industry. If the industry was an issue, I believe that should have been identified and communicated at the beginning of the process—not after a week of being told that the loan was approved and that funding was imminent. Overall, I found the experience extremely frustrating and disappointing. The lack of transparency and communication wasted a considerable amount of my time and effort. Based on my experience, I would not work with SPG Funding again. I strongly recommend making sure all eligibility requirements are clearly confirmed before providing extensive documentation. (sorry it didn't work out George)