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report scamCountry | United States |
State | California |
City | Los Angeles |
Address | 6420 Wilshire Blvd STE 600, |
Phone | (855) 978-6106 |
Website | http://www.seekcapital.com/ |
Seek Capital, LLC. Reviews
I originally requested $20-25,000 in funding. When I spoke with Carl (Bernie) Garland he said that they could probably get me almost twice as much with cash capabilities. I said perfect as I need cash too! Bear in mind that these are business/personal credit cards. Here's the issue, I have two mortgages and one is from my previous marriage. This is impacting my debt to income (DTI) ratio and I already knew that prior to contacting Seek Capital LLC. I'd been turned down elsewhere on my own prior so I took a chance with them as a last resort. I made it clear to Bernie after his underwriting team approved me based solely on my credit score (which is greater than 730) that I had two mortgages and he made it clear to me that his "professional" underwriters shouldn't have an issue. Two months go by (not fast service which they advertise) and I begin receiving declined credit card inquiries in my mail including one even stating "no third party applicants please apply on your own" so now I'm skeptical ESPECIALLY when I'm assured by Bernie that Seek has a "GREAT relationship" with these lenders. Seek did however manage to aquire one $14,000 personal credit card. Gabe Feldman contacted me saying that they've done all that they can do and that they need to bill me for 11.99% of $14,000 which amounts to $1,678.60 I'm using the business start up capital for Real Estate investing so there's not a whole lot that I can do with a $14,000 credit card, less the $1,678.60 that I owe them. ... My advise is this, if you're going to use their services, can you really feel confident in what they say? I signed the contract so I'm liable to pay even though they come up incredibly short. If you've got the credit and you have a fair understanding of how it all works, GO IT ALONE!! You don't need a third party applying for you.
Scammed by Seek Capital LLC
Watch out for these guys at Seek Capital LLC. They will lie and cheat to get you to sign the contract. They will say everything you want to hear. At the end, your funding will come out short and you are stuck holding the bag. Like the previous poster said, apply for credit cards on your own. Seek Capital does not have any special business relationships with banks offering credit cards. These guys are worse than sub-prime lenders.
I originally requested $20-25,000 in funding. When I spoke with Carl (Bernie) Garland he said that they could probably get me almost twice as much with cash capabilities. I said perfect as I need cash too! Bear in mind that these are business/personal credit cards. Here's the issue, I have two mortgages and one is from my previous marriage. This is impacting my debt to income (DTI) ratio and I already knew that prior to contacting Seek Capital LLC. I'd been turned down elsewhere on my own prior so I took a chance with them as a last resort. I made it clear to Bernie after his underwriting team approved me based solely on my credit score (which is greater than 730) that I had two mortgages and he made it clear to me that his "professional" underwriters shouldn't have an issue. Two months go by (not fast service which they advertise) and I begin receiving declined credit card inquiries in my mail including one even stating "no third party applicants please apply on your own" so now I'm skeptical ESPECIALLY when I'm assured by Bernie that Seek has a "GREAT relationship" with these lenders. Seek did however manage to aquire one $14,000 personal credit card. Gabe Feldman contacted me saying that they've done all that they can do and that they need to bill me for 11.99% of $14,000 which amounts to $1,678.60 I'm using the business start up capital for Real Estate investing so there's not a whole lot that I can do with a $14,000 credit card, less the $1,678.60 that I owe them. ... My advise is this, if you're going to use their services, can you really feel confident in what they say? I signed the contract so I'm liable to pay even though they come up incredibly short. If you've got the credit and you have a fair understanding of how it all works, GO IT ALONE!! You don't need a third party applying for you.
helpful
Who did you get the $14,000 card with? I would like to take your advice and go it alone. Thanks!
Worst than title pawn
I sought capital from another predator lender who referred me to seek capital. I told them I needed $50,000 talking to a Claudius West I was assured based on my credit score is could get it. They came back with a $10,000 credit card from Capital One which I already have an account. They closed the account and stuck me with a $1,500 bill. They are based out of California I will contact the state commissions office to start proceedings to expose this deception. Please stay away
Bad business!
Seek Capital will help you very much throught the phone. When everything is "approved" they act like they approved you as a normal loan at the bank. They just tell you: you got approved! But later they changed everything. They make you sign the paperwork and then they explain that their job is actually apply for several banks and get the loans for you. Why we felt it was bad? Because you can apply to all those banks yourself! And the process is not even hard to do yourself. I called back and complained and they reviewed the contract they made you sign. They reviewed line-by-line. Yeah, we signed because on the phone they explained differently. Buy the way, they told us we got approved for $20,000 dollars. Then they said we got approved for $15,000. Then we we got the breakdowns we got only $7,000. Those $7000 will come in installments monthly. That means you don't have the $7,000 all in full. Very dissapointed. And if you need the money, try to apply yourself for those credit cards.
Quick and Reasonable Loans
I was seeking out a loan and I found these guys. They were beyond helpful! They were quick to get back to me and very reasonable, they truly helped me out. Without a doubt these guys deserve five stars, I recommend them to anyone, they'll be more than just a helping hand! And a special thanks to Gabe Feldman for his excellent consultation. I wish them all the best, and I'll definitely be using them again even for advice.
The people that you work with are very dishonest, they lie to you stating that this is a line of credit, promise you a certain about and then can not reach that amount. THIS IS NOT A LINE OF CREDIT. What this company does is, applies for a bunch of credit cards for you and then charges you 10%+ in fees and what not for them helping you out. It is not worth the effort as they will make you transfer funds around your other credit cards to "Make It Work".
The more credit cards you get, the more money you pay. They will also tell you that if they can't reach your goals you wouldn't have to pay for the funding that was received, this is untrue as well. Also per their contract they state that you may not harm the company for 3 years. Very shady. However, if credit cards are what you're looking for, then this may be the correct option for you.
If you need funding to help start a business, look elsewhere. Don't forget your first amendment rights! Buyer Beware.
Seek capital provides funding to startups and early stage business owners. Seek capital implements top rated small business funding procurement, working with tier 1 federal and regional banks.
Seek capital's primary goal is to solve one basic problem: small businesses need fast access to financing! when business owners are searching for funding for their business, they often don’t know what is required. Seek capital's mission is to help business owners by handling the behind the scenes work and help them achieve their business funding goals. We can assuredly tell you that there is no one who cares more about small business funding than seek capital. Startups and early stage business owners typically find it extremely difficult to obtain funding as they often don't have substantial, or any, business financials. Seek capital consults with each client and charges no upfront fees.
Seek capital provides funding services that are customized to fit each businesses unique requirements. Through industry experience and proprietary technology, seek capital is able to evaluate a business on performance and attributes, and provide transparency to the business on their ability to obtain funding. Seek capital's funding procurement service allows them to provide a funding estimate within 2 hours and same day funding approvals.
Seek capital unlike their competitors treates each business owner as an individual. We provide a detailed assessment of all factors of the business and business owner to help provide an accurate funding estimate within 2 hours. Our proprietary approach matches business owners with the best suited funding products for their unique requirements.
We provide all agreements electronically and have minimal document requirements. Our team handles all application submissions and provides a dedicated account manager to each client. Our goal is to not just have clients, but rather to have 'raving fans'. Our customer service by our dedicated account managers ensures our clients have an individual to discuss their application with as opposed to calling a 1800 number and speaking to a generic customer service representative.
Our team takes great pride in providing amazing customer and ensure that every client receives both the service and the results that they are quoted.