Your voice has a chance to be heard now! scamion.com - we bring changes together.
report scam| Country | United States |
| State | Missouri |
| City | Saint Louis |
| Address | 100 South 4th Street, Suite 550 |
| Phone | 314-797-5150 |
| Website | https://www.businesscreditliteracy.org/ |
Business Credit Literacy Initiative Reviews
BCLI is a Scam
I paid this company $2500 believing that they would assist me with receiving business funding. Supposedly, the $2500 was a refundable deposit and once I received a business loan, their nonprofit organization would be eligible to qualify for a government grant, and I would receive my deposit back. I've now learned that Thomas and Chuck are scam artists and thieves. They have actually not done anything to attempt to assist me. Instead, I receive "straight off the internet" to-do lists for me to complete to get my own funding. And by funding I mean that I've been asked to open accounts at stores like Uline, Grainger, and SupplyWorks. While I thought that I was only opening these accounts and making purchases so that I could build my business credit, I learned that Thomas considers this business funding and a part of the $100,000 that was guaranteed to me. I have a clothing company that absolutely does not need any items that these electronics and office supply companies have to offer. Therefore, after over 90 days they've only assisted me with wasting and spending my money. Please read this review and run! They have been poor communicators and inattentive during this process. They will not provide you with any results or assistance as promised. I've literally spent over thousands of dollars simply trying to launch a small business with them. Thomas and Chuck take advantage of entrepreneurs' situations.
I was very interested in this program, as I help small business start-ups, mostly non-profits and they all could use a line of credit when they first start out. I was told that there is a 5 module training that is mandatory to get the funding. I was told that there was also seed funding to help pay for the training - $995.
If I accepted the seed funding, I would be expected to pay back $100 per week. I referred a few people, and they told me that they get a bad vibe - he keeps asking for more money, with no assurance other than verbal that the business credit will come at all.
When I saw the other reports about this same person, I felt it was my responsibillity to report this.