One of your other scam companies ripped me off for 82. USD and I'm not the only one who is contacting the BBB. And the phone number you have is as worthless as tits on a boar's hog. Shame on you and I have a feeling you are not from this country if not shame on us for trusting you
In February of 2015, I partnered with Kyzer Funding/Presta Funding and obtained nearly $50,000 in loans to fund my business. While I should have done further research, I did not realize that these loans were actually just credit cards with low interest rates for 12 months.
To obtain $50,000 in loans, Kyzer funding issued 6 credit cards in my name with low interest rates for 12-18 months. They made me pay 7.9% consulting fee for my funding before I received all of it. In addition to the 7.9% commission I paid for these credit cards, I had to pay a 3% balance transfer on each card before I ever received any funding. That is nearly 11% of total funding paid just to obtain funding. Not a good idea people! But it gets much worse!
One of my credit cards came and was maxed out to the tune of $8,500 by Shawn Kinney. The only problem was, I never received the money for the credit card which was maxed out. I called Kyzer Funding and Shawn Kinney and sent dozens of emails but I kept getting responses like "our funds are tied up with other merchants and we are working as hard as we can to get you your money." I was told this same story for months before I got the credit card company involved.
It wasn't until December of 2015 that my credit card was credited for the $8,500 I never received. Unfortunately, I had to make payments on this card every month, even though I never received the funding. All year, I was concerned that I would be liable for the $8,500 I never received.
Unfortunately, I never was reimbursed by Shawn Kinney for the commission I paid for the credit card even though I never received the funding.
Presta Funding/Kyzer Funding is a scam. Shawn Kinney is a crook. Please save yourselves from making the same mistake I did by never doing business with these criminals.
You've posted a couple of bad reviews a few different times, & with different figures each time. We've settled with you, but you want more because your business is failing & other personal issues. The main reason you utilized our services is because the banks wouldn't grant you any loans, due to credit, income & debt. We successfully obtained funding, but not at the 0% on every account.
I didn’t get full funding and the problem hasn’t been solved
Complaint Rating: 0 % with 0 votes
Contact information:
9480 S Eastern AveLas Vegas, Nevada
United States
kyzerfunding.com
I worked with Kyzer Funding Presta Funding Shawn Kinney. This company provided $60, 000 funding to my business. The company promised to send 7 credit cards for my name with the whole sum on these cards. I have paid 10% for their consultation. As well as they noted that they would take 13% of total funding in order to get it only. But the worst thing was that only two cards, which I got, contained some money. Others were with zero balance and when I called them, the rep said that their funds were tied up with other customers. They promised to solve this situation, but nothing was done.
Our last response to Mr. McGonigle:
First let me start off by stating that our team had extensive conversations about why your Start Up could not qualify for a Conventional Business Loan & explained how we could still access the capital @ very low rates for 12 months. You agreed to this procedure, so we sent you an overview of the program. The Funding Agreement explains the program in full detail, along with interest rates, monthly payments & more. You actually received 7 credit cards totalling $61,600. This was mainly due to your Income & Credit Profile not being strong enough to be granted $20,000 per lender. Our main goal, which you agreed to was $50,000 minimum, so your objective could be met. When i found out that it took more than the assessed amount of lines we actually billed you @ 8.9% on the 50K & let the other $11,600 in funding be at no charge.
The $8500 card that was mentioned had a 0% rate, but the lender wouldn't allow it to be transferred via a check, only to another card. You didn't want to wait for that, so other steps were put into place. We deal with several hundred clients per month that sometimes experience difficulty accessing the cash, so we make every step possible to aid & assist. We began liquidating cards for clients that were in a bind, such as yours & it allowed them to access their cash & start their venture. This came back to bite us when a client used a Co-signer for the program, but failed to make the payments to the lender. I was contacted by the lender, due to the client claiming fraud against their friend/partner & made aware that there would be a charge-back. This charge-back caused my merchant to take extra precautions, just in case there were others.
I have several emails & voicemails from you threatening to put this information out on public forums, unless i didn't give you extra money. I was instructed by my lawyer that those types of threats were illegal & that we should file a case, but I quickly refused. I understand your anger & the stress level that this has caused.
I've assited over 4,000 clients raise 210 million or more to begin their venture or start their business & this is the first Fraud has been claimed. A simple mishap, shouldn't warrant this type of response.
The main reason for the delay is because you kept submitting a charge-back, during the refund process. Below are the exact dates that it finally went through in September, not December as you quoted in your statement.
Kyzer Funding Reviews
Scam
One of your other scam companies ripped me off for 82. USD and I'm not the only one who is contacting the BBB. And the phone number you have is as worthless as tits on a boar's hog. Shame on you and I have a feeling you are not from this country if not shame on us for trusting you
In February of 2015, I partnered with Kyzer Funding/Presta Funding and obtained nearly $50,000 in loans to fund my business. While I should have done further research, I did not realize that these loans were actually just credit cards with low interest rates for 12 months.
To obtain $50,000 in loans, Kyzer funding issued 6 credit cards in my name with low interest rates for 12-18 months. They made me pay 7.9% consulting fee for my funding before I received all of it. In addition to the 7.9% commission I paid for these credit cards, I had to pay a 3% balance transfer on each card before I ever received any funding. That is nearly 11% of total funding paid just to obtain funding. Not a good idea people! But it gets much worse!
One of my credit cards came and was maxed out to the tune of $8,500 by Shawn Kinney. The only problem was, I never received the money for the credit card which was maxed out. I called Kyzer Funding and Shawn Kinney and sent dozens of emails but I kept getting responses like "our funds are tied up with other merchants and we are working as hard as we can to get you your money." I was told this same story for months before I got the credit card company involved.
It wasn't until December of 2015 that my credit card was credited for the $8,500 I never received. Unfortunately, I had to make payments on this card every month, even though I never received the funding. All year, I was concerned that I would be liable for the $8,500 I never received.
Unfortunately, I never was reimbursed by Shawn Kinney for the commission I paid for the credit card even though I never received the funding.
Presta Funding/Kyzer Funding is a scam. Shawn Kinney is a crook. Please save yourselves from making the same mistake I did by never doing business with these criminals.
KyzerFunding McGonigle
Dear Mr. McGonigle,
You've posted a couple of bad reviews a few different times, & with different figures each time. We've settled with you, but you want more because your business is failing & other personal issues. The main reason you utilized our services is because the banks wouldn't grant you any loans, due to credit, income & debt. We successfully obtained funding, but not at the 0% on every account.
Kyzer Funding Presta Funding
Kyzer Funding Presta Funding Contacts & Informations
Posted: 2016-01-10 by Reviewer22625
I didn’t get full funding and the problem hasn’t been solved
Complaint Rating: 0 % with 0 votes
Contact information:
9480 S Eastern AveLas Vegas, Nevada
United States
kyzerfunding.com
I worked with Kyzer Funding Presta Funding Shawn Kinney. This company provided $60, 000 funding to my business. The company promised to send 7 credit cards for my name with the whole sum on these cards. I have paid 10% for their consultation. As well as they noted that they would take 13% of total funding in order to get it only. But the worst thing was that only two cards, which I got, contained some money. Others were with zero balance and when I called them, the rep said that their funds were tied up with other customers. They promised to solve this situation, but nothing was done.
Our last response to Mr. McGonigle:
First let me start off by stating that our team had extensive conversations about why your Start Up could not qualify for a Conventional Business Loan & explained how we could still access the capital @ very low rates for 12 months. You agreed to this procedure, so we sent you an overview of the program. The Funding Agreement explains the program in full detail, along with interest rates, monthly payments & more. You actually received 7 credit cards totalling $61,600. This was mainly due to your Income & Credit Profile not being strong enough to be granted $20,000 per lender. Our main goal, which you agreed to was $50,000 minimum, so your objective could be met. When i found out that it took more than the assessed amount of lines we actually billed you @ 8.9% on the 50K & let the other $11,600 in funding be at no charge.
The $8500 card that was mentioned had a 0% rate, but the lender wouldn't allow it to be transferred via a check, only to another card. You didn't want to wait for that, so other steps were put into place. We deal with several hundred clients per month that sometimes experience difficulty accessing the cash, so we make every step possible to aid & assist. We began liquidating cards for clients that were in a bind, such as yours & it allowed them to access their cash & start their venture. This came back to bite us when a client used a Co-signer for the program, but failed to make the payments to the lender. I was contacted by the lender, due to the client claiming fraud against their friend/partner & made aware that there would be a charge-back. This charge-back caused my merchant to take extra precautions, just in case there were others.
I have several emails & voicemails from you threatening to put this information out on public forums, unless i didn't give you extra money. I was instructed by my lawyer that those types of threats were illegal & that we should file a case, but I quickly refused. I understand your anger & the stress level that this has caused.
I've assited over 4,000 clients raise 210 million or more to begin their venture or start their business & this is the first Fraud has been claimed. A simple mishap, shouldn't warrant this type of response.
The main reason for the delay is because you kept submitting a charge-back, during the refund process. Below are the exact dates that it finally went through in September, not December as you quoted in your statement.
Sep 28, 2015 Chargeback Settlement Completed ... -$4,500.00 USD -$20.00 USD -$4,520.00 USD
Name: Chargeback Settlement
Total amount: -$4,500.00 USD
Fee amount: -$20.00 USD
Net amount: -$4,520.00 USD
Invoice ID: Mcgonigle Check
Date: Sep 28, 2015
Time: 21:34:56 PDT
Status: Completed
Subject:
Chargeback Settlement
Sep 28, 2015 Chargeback Settlement Completed ... -$3,900.00 USD -$20.00 USD -$3,920.00 USD
Name: Chargeback Settlement
Total amount: -$3,900.00 USD
Fee amount: -$20.00 USD
Net amount: -$3,920.00 USD
Invoice ID: Mcgonigle Check 2
Date: Sep 28, 2015
Time: 21:47:17 PDT
Status: Completed
Subject:
Chargeback Settlement