FundingStage - Upfront Fee Warning

Posted on Thursday, May 2nd, 2013 at 6:22am CDT by Marcus W.

Product: Start-Up Business Capital

Company: FundingStage

Location: NEW YORK, NY, US


Category: Business, Finances

This company has created a reliable and excellent appearing internet presence. However, despite my compliance with all their requests, I did not receive funding and they kept my deposit. No response has been made to my request for a deposit refund. Other businesses I referred to them lost deposits as well. Only one of 5 applicants received a funding offer and the lease interest rate was exorbitant.

If you work with these people, I believe you will lose any money you send as a deposit. I know of no company that has received a promised deposit return as yet.

I lost $2000 to what appeared to be a legitimate business. I will be happy to answer questions about my experience. I can be reached at [email protected]

My recommendation is not to send them any money. This business appears at this point to be an elaborate and well-designed scam.


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