Bank of America would have been able to fund our PPP loan were it not for the fact that Ready Capital had already locked us in with them. Affordable Mortgage Insurance . I was approved months ago and it is taking forever for them to release funds. I can tell which reviews are fake. The nonprofit owners owed the county’s community development office more than $1.8 million on. Short Term Loans – Lending Stream – 4.8 stars – out of 5 based on 11436 reviews. restrictions may apply. You will never speak to an agent or manager from either company. Finally got ahold of a really person by consistently calling emailing and texting all 3 companies Lendio, Ready Capital and Customers Bank. I applied for a SBA PPP Loan and used Lendio and Ready Capital. I can't go to another bank because this outfit pulled an SBA number. I'm screwed. Information about Cash Loan USA was first submitted to Scambook on Sep 20, 2014. On average users reported $712.75 of damages. ReadyCap Lending also has customer testimonials on its website. It has not been a week and still no funding and yet again I’m starting the round of trying to contact people with no response. On June 17th I recieved a revised version that changed things to a 5 year term.. and now on June 24th I received my funds at 7:30am!! We can send cash to your bank in under. When the PPP was first getting out there. I had SBA loan approval in May and never received a penny from UNREADY CAPITAL! Phone numbers just ring, if you do get a voicemail no one ever responds. I really wish there was a point of contact that could help. ready loan usa is not a financial institution or a lender and cannot guarantee final approval of your loan. Ready Loan USA is a free, no obligation financial service, connecting prospective borrowers with prospective lenders for Personal loans. Brandon Molitor (Professional Home Solutions, LLC. 4 reviews of Ready Mortgage Lenders "Real estate is a people business. Applied April 3rd via Lendio and approved April 16 and assigned APP #. PLEASE BE WARNED OF USING THIS BANK. Archrock also benefits from having a lower cost of capital than its two primary competitors USA Compression (USAC) and CSI. Every single one of them was approved after Lendio sent us to Ready Capital.RC does not communicate much, but when they do it's to sign your promissory notes and fund your bank account. I have am still waiting. For a $5,000 36-month loan at an interest rate of 5.99% with a 2.5% origination fee of $125.00, you will receive a loan amount of $4,875.00 and will make 36 monthly payments of about $153.61 at a 5.99% APR. Ready Capital is anything but ready. I was then contacted yet again to complete another application which I did. You guys are so much better than the other lenders a few of our men were sent to by Lendio.Keep up the great work!! Yikes. Luckily I applied through another bank (Wells Fargo) who was able to get me my PPP money in less than a week. 2 reviews for Readysetgo, 1.0 stars: 'My husband got a loan according to ready set go back in 2016. Simplicity. It has been 7 weeks and I have received NO FUNDING. ?It is May 29th,they requested the same docs all over again.If you are going to help businesses and there families ,then DO IT! I have never experienced the runaround and lies that this company spews out in emails because you cant get the lies on a phone call that they wont answer or return. Ready Capital looks forward to working with you to gather the remaining documentation needed, including your loan contract, to get your business funded. Thank you. I got my PPP funds just now!! No one responds to emails. The document by that point was voided, and several calls to various branches of Ready Cap were not returned, so I could not get the document re-instated or the loan to be released, meaning my credit union could not proceed. I heard nothing for weeks, and finally called my bank directly. No workflow. Our bank account was attacked by the mystery shopping network that same year, which come to find out … Reached out again and I had to resign because it was longer than 20 days. I have been locked out of the PPP program because of these scumbags. On 4/3 I went to my bank BOA to try to file for the PPP. I was unable to do so. I applied on the very first day of the PPP loan program. THIS BANK WAS A REFERRAL FROM LENDIO. I sent all the requested info and requested them to confirm receipt. Additionally, model year, loan-to-value, minimum loan balance mileage, income, debt, etc. Your application number is ***********. I applied on April 2nd via Gusto who dished me off to a broker who dished me off to another bank who dished me off to Ready Capital. Its all just a made up group that is probably ran in a basement. I will echo what a ton of people have said about Ready Capital...horrible customer service at best and no customer service at worst. © 2015. It has been 7 weeks and no funding. However, the company does have two 5-star reviews on Yelp. The money appeared in my account on 5/4. I think they are going to be the demise of many small businesses. I feel bad for everyone that lost out on the PPP opportunity and likely lost their business because of Ready Capital's incompetence. Thanks Ready Capital. No one answers emails or calls. Expert review. They pulled an SBA loan number for my account, which locks themselves in as my PPP lender (thus earning their fees from the government); however, they NEVER COMPLETED MY LOAN! Not all independent loan companies will approve a loan up to $15,000 or approve all credit situations. Whether your concerns are unpaid or overdue bills, unexpected expenses such as a broken appliance or emergency dental work, ReadyLoanUSA has got you covered! I received closing documents almost 2 weeks ago. I am the CEO of MBN. We sent them a full package, it was approved with a loan number, signed docusign, and now they want to know if i still want to proceed and start the loan application from the beginning again. Months of trying to get funding thanks to the support of Lendio and helped apply! I read all the applications to the SBA where it was assigned a PLP/PPP number county ’.. Sba where it was assigned a PLP/PPP number a point of contact that could help bank! Loan through any other lender was unable because i have received no.... Have listed to no avail 10 days to spend the $ to Lendio submitted all my and... 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