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Feedback on Global Financial Services help obtaining a loan.
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3/11/2010 10:03 AM (PST)

Does anyone have any experience with Global Financial Services 468 N Camden Dr Suite 305 Beverly Hills CA 90210 for help obtaining financing or loans for business expansion.

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3/11/2010 12:29 PM (PST)

What exactly are they telling you and what fees are they quoting? Their website posts contradictory information; for example, that they offer "lines of credit" (among other things) but then in the next sentence that they are not a lender, investor, or agent for either of those parties. You can view their report by clicking on the link above your question.

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3/12/2010 10:19 AM (PST)

They will not even start to do anything unless a non-refundable $3,000 fee is paid. They justify it by saying that it will be taken off the 8.9% fee they charge for the loan they are able to get for you. For example if you get a $500,000 loan they get $44,500 of it less the $3,000 that has already been paid up front. They supposedly repair the D&B rating for you so lenders will want to make a loan to the business. They supposedly know of over 500 lenders, but only apply to 1 or 2 at a time and supposedly have a loan ready with 3 days.

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5/10/2010 2:14 PM (PST)

I got a business cash advance loan through EXS Credit Card Processing who i left a good review on earlier this year on this site. They set me up with a free credit card terminal (upgrade from my old one) and got me a cash advance to help my restaurant expand. Their website is eee.EXSCreditCardProcessing.com

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5/13/2010 7:27 PM (PST)

Hear is an update on the company who provided me with the business cash advance loan. It is Cash Advance Exchange and their website is www.CashAdvanceExchange.com. They set my up with a new credit card terminal and merchant account with EXS Credit Card Processing. Hope this helps!

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