Marc marin and gateway commercial finance have engaged in unsrupulous and fraudulent business activities by improperly witholding funds and improperly deducting fees from loan proceeds and claiming legal and other expenses. They have also refused to return witheld funds unless we sign a full release absolving them of any wrongdoing. They are holding a $40,000 deposit to which they are not entitled, but have fabricated additional fees and expenses totalling $16,000.
Numerous professional requests have been made for return of the deposit and proof of the basis for other fees and they have refused, stating that we must sign the release to get any of our money back.
We paid over $5,500 of legitimate fees for a 25-day loan which they doubled to $10,500 of fees claiming it was not repaid in time despite the fact that it was, and we have documentation to prove it.
They have refused to provde any documentary evidence to back up their claims, and continue to impose additional fees - $10,000 to date - for responding to a request for payment letter from our attorneys.
We will also be filing complaints with the better business burea and presenting the facts to criminal investigators at fdle.
Note that this is the second similar complaint regarding the business practices of marc marin and gateway cfs.
Marc Marin runs this business. He factored a construction invoice I had that a general contrctor owed me. He fronted me 70% of that invoice with the remaining 30% (minus their fees) be paid to me after he collected on the invoice. He has been paid 100% of the invocie but refuses to pay me my remaining money that is roughly $40,000.
This man and company do not do what they say they will do and there are multiple reviews by other business' who he has also ripped off.
Marc Marin runs this business. He factored a construction invoice I had that a general contrctor owed me. He fronted me 70% of that invoice with the remaining 30% (minus their fees) be paid to me after he collected on the invoice. He has been paid 100% of the invocie but refuses to pay me my remaining money that is roughly $40,000.
This man and company do not do what they say they will do and there are multiple reviews by other business' who he has also ripped off.
Gateway Commercial Finance Reviews
Marc marin and gateway commercial finance have engaged in unsrupulous and fraudulent business activities by improperly witholding funds and improperly deducting fees from loan proceeds and claiming legal and other expenses. They have also refused to return witheld funds unless we sign a full release absolving them of any wrongdoing. They are holding a $40,000 deposit to which they are not entitled, but have fabricated additional fees and expenses totalling $16,000.
Numerous professional requests have been made for return of the deposit and proof of the basis for other fees and they have refused, stating that we must sign the release to get any of our money back.
We paid over $5,500 of legitimate fees for a 25-day loan which they doubled to $10,500 of fees claiming it was not repaid in time despite the fact that it was, and we have documentation to prove it.
They have refused to provde any documentary evidence to back up their claims, and continue to impose additional fees - $10,000 to date - for responding to a request for payment letter from our attorneys.
We will also be filing complaints with the better business burea and presenting the facts to criminal investigators at fdle.
Note that this is the second similar complaint regarding the business practices of marc marin and gateway cfs.
Satisfactoy Resolution
Please be advised that as of this date we have satisfactorily concluded our business affairs with Marc Marin and Gateway Commercial Finance.
Marc Marin runs this business. He factored a construction invoice I had that a general contrctor owed me. He fronted me 70% of that invoice with the remaining 30% (minus their fees) be paid to me after he collected on the invoice. He has been paid 100% of the invocie but refuses to pay me my remaining money that is roughly $40,000.
This man and company do not do what they say they will do and there are multiple reviews by other business' who he has also ripped off.
Marc Marin runs this business. He factored a construction invoice I had that a general contrctor owed me. He fronted me 70% of that invoice with the remaining 30% (minus their fees) be paid to me after he collected on the invoice. He has been paid 100% of the invocie but refuses to pay me my remaining money that is roughly $40,000.
This man and company do not do what they say they will do and there are multiple reviews by other business' who he has also ripped off.