4.9 of 5starsRead Reviews
Seek Business Capital specializes in providing funding to start-ups and early stage business owners. Funding ranges from $5,000 - $200,000. Credit Score of Business Owner must be 680+.
3 WORDS!!!!!!!!!!!!!!!!!! DON"T DO IT !!!!!!!!!!!!!!!!!!!!!! WARNING!!!!!!!
I was excited to see that I had hope for my business. I was in need of a Business Loan or Personal Loan to keep things afloat during COVID. Lending tree keeps emailing offers, so I tried this one to see what would happen. As a new business, it is very difficult to receive lending during a pandemic. Even HELOCs are down.
Seek Capital returned as a HIT! I read all the positive reviews. NOW i realise they are definitely written from within their circle. If you search legitimate reviews like mine, you will find errors, typos, and a reality check, most definitely a loss. I was excited to see that I had hope. I was desperate; not so much anymore. As a true Business Owner, sometimes we take the hit for our customers. I took the hit this time. Here's how it went right after Lending Tree raved about Seeking Capital-I'm upset with you, too Lending Tree. Your raving reviews were WRONG!!!!
Minutes after the search hit results, I get a call from Seek Capital rep. Very charming, police and nice- perfect HOOK! Im in, wow what a nice company- no wonder they have raving reviews. After 15 minutes of chit chat and little small talk about the application, finding, and process- he told me he will do me a favor! Sweet! A favor, never heard of in a lending process! DOUBLE HOOK! He says he will pass everyone else and submit my info to Ryan See, the head honcho, to get me finding like in 2 weeks! WOOHOOO! Im in the money jingle was playing on repeat in my head!!! I stare at the phone for 10 minutes waiting for RYAN SEE!!!!
Excitement turned to stress when RYAN SEE, somewhat intimidated me with his questions, I felt like he was my boss and I somehow had to please him. WARNING MENTAL GAMES HERE!!! He informed me of the fees and convinced me its best and only option for me since no one is lending and the credit I will get is revolving. WOW! REVOLVING LINE OF CREDITS?????? Too good to be true!! I'm already planning my raving review to add to all their review sites! Sounds great, I need this so bad for my company! Ryan emails me the forms to esign. I did it quickly because he said he would stay on the phone with me in case I had any questions. After I quickly signed, because he seemed to be in a hurry, I thought we would stay on to continue my funding information. Most of our converstaion was about funding and intimidation. ( Intimidated, because he started to heavily question my business and how I run it. So being sort of in need for funding, he mentally sways me to start to conform to his thoughts and agenda, Yea, I didn't realize that until after day 2_ My convo with LUCY(rean on)..WHO DOES THAT- kindly stays on the phoen with you whiole you sign a simple form to apply for the wonderful Line of Credit. Not just one, but TWO!!!!!???? I was sooo happy! Things are looking up! Soon as I sign- he says he had to go and will call later for funding info.
Cri********************************.the rest of my day was silent. I thought Ryan was supposed to call me back. Day 2- I get a call! LUCY G. Seek Capital is full of transparency and she is calling to verify what Ryan See said! EVERYTHING SHE SAID WAS NOT WHAT I UNDERSTOOD FROM RYAN SEE!!!! Now Im scared, frustrated, and angry. I can't pull out now, stupid me already signed!!!!!
Wait! Lucy why are you telling me this???? Why didn't Ryan tell me all this before I signed????? Her reply was, well this is why I am calling to verify everything. Nw that I did, and you NOW KNOW THE TRUTH, just esign agian and we will be done. HELL NO!!!!! I didnt respond or esign LUCY's form. BUT YOU KNOW WHAT???? Doesn't matter, LUCYS TRUTH costed me $795.00!!!!!!!
I signed with RYAN the MISLEADER, making me feel so important and they were doing me a favor that I quickly signed right through it because remember he is the head honcho and was on the phone with me to make me feel special, so of course I signed. BUT NO! RYAN just threw out bait and I bit, under the impression he was going to help me get 2 lines of credit. WELL LUCY TELLS the truth saying no thats not the case. You will get a hand full of credit cards and we will add and additional $ $$$$ thousands of dollars for our service to one of your cards PLUS you already owe us $795 for signing. She continues, regardless, you already owe us $795 if you change your mind now.
WAIT!!! WHAT???? IF RYAN SEE WAS TRANSPARENT I WOULD HAVE NEVER SIGNED!!!!
OH GREAT- BAIT, HOOK, CAUGHT. THAT'S ME!
LUCY calls to be transparent, but it's too late because I already signed. THIS is how SEEK CAPITAL lives up to its name- they SEEK YOUR CAPITAL!!! HOW SAD!
I lost $795 for agreeing to a false promise. MY understanding was 2 lines of credit. LUCY's TRANSPARENCY was a lot of credit cards, bother personal and business. Had I known this, I could apply for those cards myself and not lose $795!!!! WHERE IS THE TRANSPARENCY? Initially I was told LINES of CREDIT. If anyone heard of line of credit- its not really a plastic card. LUCY said credit cards are lines of credit. So they are misleading in a way. WHY DIDNT'T RYAN SEE EVER MENTION CREDIT CARD LINE OF CREDIT???????????????
RYAN SEE IS FULL OF IT. MAKING ME THINK SEEK CAPITAL HAS SPECIAL OPORTUNITY FOR BUSINESS OWNERS WITH LINES OF CREDIT WHEN IN REALITY ITS JUST A WHOLE BUNCH OF CREDIT CARDS!!!!!!
THEY ARE NOT TRANSPARENT!
First off, YOU LOSE $795 immediately when you sign, under false idea of process and approval. ( THEY HAVE YOU DAY DREAMING)
INITIALLY, YOU THINK $795 IS NOTHING FOR THE LINE OF CREDIT AMOUNT THEY ESTIMATE FOR YOU!!! JUST WAIT....I lost $795 and if I don't pay they will file collections and report it immediately.
Second, your promised line of credit, remember RYAN SEE told me business line and personal line, is now actually like 10 credit cards with different APRs and Interest rates.
*******NOT ONLY THAT????????
There you go. MY loss is your gain. Unless you are okay with paying them thousands of dallars and immediately losing $795, for something you can do on your own, by all means. I REGRET Answering the PHONE from SEEK CAPITAL. I REGRET reading LENDING TREE's LYING STELLAR REVIEWS! I am so upset with Lending Tree so set us up to be in a whole for $795- for nothing.
NO TRANSPARENCY AT ALL!!!!!!!!!!!!!!!! You can do all this for free on your own!!!!!!!!! Bunch of LIARS- Oh yes you get 2 credit lines: 1 Personal line, 1 Business line of credit. That is VERY DIFFERENT FROM A boatload of Credit Cards and A BOATLOAD of CREDIT INQUIRIES on your report. I bet they do that to put you in the hole, to then feel you have to use them and pay their greedy fees. I didn't even mention all their other outlandish cunning fees.
DON"D DO IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
There once was a shart named bart
He liked to smoke a fat dart
but that didnt matter
when he started to shatter
the fine china he called his art
Closed with Lender:
Not a lender, referral company for credit cards
Calling this company a lender is extremely deceptive on LendingTree’s part. They are not. They “connect you to banks offering unsecured business loans that match what you qualify for.” As the fast talking continues, oh, by the way, they’re credit cards, and oh by the way they’re personal cards too. So glad I didn’t give them anymore personal info. Sounds like their fees are outrageous. I can apply for credit cards on my own, thanks.