Alliance Funding Group

Revdex.com, Mr***, The piece of equipment, a year old crane, was owned by you at the time we started negotiatingHowever, it needed serious repairs to be operationalPer the terms of the contract, we took title to the crane as collateral when paying $100,for new parts to get the crane up and runningA new crane would cost over $300k As the owner of your business you are also responsible for reading contracts before signing them and asking questionsTo simply pass blame on us is ridiculousOur contracts are crystal clear sir Your attempts to bad mouth us as a way to ignore your contractual obligation is sad and hurtful We do not agree with your remorseful statements towards Alliance FundingWe would like to reach an amicable solution I've made phone calls to your office that have gone unanswered( Alliances attempt to negotiate and resolve) It only works when you participate Mr***, I urge you to call our office in attempt to resolve this once and for all Your negligence and misunderstanding are not an excuse to default on the terms of the contract you read and signed Respectfully,

Revdex.com: I have reviewed the response made by the business in reference to complaint ID [redacted] , and have determined that this proposed action would not resolve my complaint For your reference, details of the offer I reviewed appear belowRevdex.com, The response from Alliance was misleading and of very little detailTo address their arguments: Mr [redacted] entered into a 2Year lease contract with an option to purchase after the 24th paymentNowhere in the contracts does it lead Mr [redacted] to think this is a loan We were looking to finance a repair of a machine, we already own the piece of equipmentWhy would we have an option to purchase a piece of equipment that we already own? If any of this was properly explained prior to execution, this entire situation would have been avoided As Alliance is a professional financing company, we feel that they failed to properly explain the details of the agreement To state that Alliance Funding Group is unethical, misleading &threatening are unfounded and gross overstatements These are not “gross overstatements”We reached out to Alliance to finance a repair We explained our situation and asked for their expert advice on the best way to have the repair financedAlliance assured Mr [redacted] that this option would be best for himMr [redacted] unfortunately instilled his trust to the agentWe do not think it is reasonable for us to effectively make Alliance the owner of our equipment, in order to finance repair of said equipmentThey are now essentially trying to sell us back our own piece of equipmentHad this have been adequately explained to Mr***, he would have never agreed to this type of financing structureNo reasonable person wouldTo recommend or even draw up documents for this type of finance in our situation is both unethical and misleadingWe challenge Alliance funding to counter this statementAlliance has both threatened to commandeer our piece of equipment and to withdrawal, without our consent, additional funds from our bank accountWe do not have any documents stating any sort of reasonable compromise To the contrary, Alliance has attempted to resolve the issue through negotiations in which Mr [redacted] refused to partake in The “attempt” of Alliance was to slightly reduce the buyout figure of the machine Mr [redacted] did not refuse to partake, he refused an unfair compromiseWe would like Alliance to share with the Revdex.com their “attempt to resolve” the matter at hand In closing, a professional financing company would not in good faith execute this type of lease structure to any of their clients, plain and simpleThey assured [redacted] construction they would assist us in financing the repair in the best possible method to suit our needs, any they obviously have done just the oppositeTo ask for approximately 35K on top of the amount financed and its interest, is overly excessive and we stand by the statement that is unethical business practiceWe would like to thank the Revdex.com for helping us expose these damaging practices and look forward to closing this case Regards, [redacted] ***

Revdex.com: I have reviewed the response made by the business in reference to complaint ID [redacted] , and find that this resolution would be satisfactory to me I will wait for the business to perform this action and, if it does, will consider this complaint resolved as snotty and unprofessional as they are Regards, [redacted]

As a CA licensed lender in business for over years with over 10,customers and a A+ Revdex.com rating, I can assure you, we do NOT run loan scamsI also ran a call report with your business numberWe've called your business during business hours a total of times, NOT a dozen, in the last yearI listed the dates and duration as evidence belowWe are a very reputable Equipment Leasing LenderHowever, I do apologize that you feel we've harassed you and assure you, we will not contact you offering our services againI have taken the necessary steps to purge your company data from our systemThanks, *** 04/13/@ 11:1: 04/27/@ 3:: 07/07/@ 2::

I called Mrs [redacted] 10/20/and she indicated this matter has been resolved to her satisfaction

The terms of the contact are what are most importantHearsay is not a legitimate argument for breaching the contractsThere is nothing in the contract that supports Mr [redacted] 's statementsThe terms and responsibilities of the original signed agreement cannot be changed or altered

In response to Mr***’s complaint, Alliance Funding Group has agreed to refund the amount of $2,for the interim rent portion of the chargeAlthough the interim rent is a valid
charge per the contract terms, Mr*** claims he wasn't made aware of itI spoke with Mr*** and he is in agreement with this resolution Sincerely,
*** ***
Account MgrAlliance Funding Group

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and find that this resolution would be satisfactory to me. I will wait for the business to perform this action and, if it does, will consider this complaint resolved
Regards,
*** ***

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and have determined that this proposed action would not resolve my complaint. For your reference, details of the offer I reviewed appear
Everything I previously said I can prove
1.I have more than a witness to our conversations between us and Mr***Since Virginia law prohibits recording phone conversation, I have many witnesses to support my alleged.
Misleading contacts are not final and will easily be revoked if proven deceiving Alliance gave us wrong information, I had credit cards to pay the full amount with no interest rate for monthsMr*** was calling us almost every day convincing us to buy the machines through finance since credit cards were personal I thought it is good to build up a credit for our brand new company
2.I can also prove the term was for 1500+/ month and they were taking1800+/ monthI didn't ask since I knew it was going to the principal whenever
I pay it off
I can prove that we have recently contacted Mr*** and never returned back to us
Everything I said in my claim I am accountable for it and able to prove it
Regards,
*** ***

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and find that this resolution would be satisfactory to me. I will wait for the business to perform this action and, if it does, will consider this complaint resolved
Regards,
*** ***

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and have determined that this proposed action would not resolve my complaint. For your reference, details of the offer I reviewed appear belowWe wish to offer Alliance funding a $5,payout for the crane to resolve this issue
Regards,
*** ***

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and have determined that this proposed action would not resolve my complaint. For your reference, details of the offer I reviewed appear below.
The information provided is in contradiction with the Salesman Mr*** Offered and told us. There was no way will accept the term of paying off a loan of 40k to 100k since we were already able to pay the whole amount up front with Alpine. Mr*** has misled us to go to this deal. We asked him many times and very clearly if we can do a refinance after months and if we can pay it off at any time, he was ALL the time giving us the same answer which was "Yes, Alliance will refinance and there is no penalty for paying off the balance at anytime" and was also saying this is very good for you and you will build up your credit and as start up company we were looking to improve our credit record even if we may need to pay some interest for months
The fact that Funding Group has never mentioned a refinance terms or loan that has nothing to do with the truth at all and it is not more than a lie. Mr*** Knows exactly what he said and what he has promised us. Just a few days before the months he was answering our phone calls regularly. Since we mentioned to him we need to pay off the balance or at least do refinance he had never responded to our calls again till now. Our agreement with him was very clear. The machines are our and we can pay it off at anytime. We had enough money to pay all machines upfront, there was no way we will lease our machine and paying 250% of it is value for no reason. Alliance has misled us with unneeded and injustice terms
Regards,
*** ***

In reply to complaint ID#***
Mr*** *** entered into (2) separate lease agreements with Alliance Funding Group, Incon 7/16/Mr*** *** was the salesman for both lease transactionsMr*** offered Mr*** (2) separate equipment lease contractsOne for
months, and another for months
The month term was sold to Axis Capital, IncAnd the month term was sold to Pawnee Leasing Corpfor servicingThere was never any mention of refinance during the negotiations as these are leases not loansIf Mr***’s intent was to exit the lease in the first year, he should have either: A.)Sought alternative financing such as bridge financing or a simply interest loan; B.)Agreed to a much shorter term e.g., monthsAll payoff amounts are inclusive of the remaining stream of payments plus the purchase buyout amount as per the terms of the contract that Mr*** read, signed and agreed to
There is absolutely no deception in any of the terms outlined in these (2) contracts
Mr***’s misinterpretation of the responsibilities and requirements of the Lessee as outlined in the contracts are the only reasons for his remorseAlliance Funding Group, Incdoes not offer any type of refinance on lease agreements
There are no penalties for paying off the contract earlyHowever, Mr*** is liable for the full stream of payments plus the purchase value as stated in the contractThe banks that purchased the stream of payments are entitled to the entire full repayment of the stream

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and find that this resolution would be satisfactory to me. I will wait for the business to perform this action and, if it does, will consider this complaint resolved
Thanks VERY MUCH for your assistance in this matter !!! I am now a fan of the Revdex.com
Regards,
*** ***

I called Mrs. [redacted] 10/20/14 and she indicated this matter has been resolved to her satisfaction.

Dear Revdex.com,
On 10/25/13 Mr. [redacted] entered into a 2 year lease contract with an option to purchase after the 24th payment. Nowhere in the contracts does it lead Mr. [redacted] to think this is a loan. To state that Alliance Funding Group is unethical, misleading & threatening are unfounded and gross...

overstatements. To the contrary, Alliance has attempted to resolve the issue through negotiations in which Mr. [redacted] refused to partake in.
We wish to settle this matter amicably with Mr. [redacted].

Thank you,

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID [redacted], and have determined that this proposed action would not resolve my complaint.  For your reference, details of the offer I reviewed appear below.
Revdex.com,
The
response from Alliance was misleading and of very little detail. To address
their arguments:
Mr.
[redacted] entered into a 2Year lease contract with an option to purchase after the
24th payment. Nowhere in the contracts does it lead Mr. [redacted] to think this is a
loan.
We
were looking to finance a repair of a machine, we already own the piece of
equipment. Why would we have an option to purchase a piece of equipment that we
already own? If any of this was properly explained prior to execution, this
entire situation would have been avoided.  As Alliance is a professional
financing company, we feel that they failed to properly explain the details of
the agreement.
To
state that Alliance Funding Group is unethical, misleading &threatening are
unfounded and gross overstatements.
These
are not “gross overstatements”. We reached out to Alliance to finance a repair.
We explained our situation and asked for their expert advice on the best way to
have the repair financed. Alliance assured Mr. [redacted] that this option would be
best for him. Mr. [redacted] unfortunately instilled his trust to the agent. We do
not think it is reasonable for us to effectively make Alliance the owner of our
equipment, in order to finance repair of said equipment. They are now
essentially trying to sell us back our own piece of equipment. Had this have
been adequately explained to Mr. [redacted], he would have never agreed to this type
of financing structure. No reasonable person would. To recommend or even draw up
documents for this type of finance in our situation is both unethical and
misleading. We challenge Alliance funding to counter this statement. Alliance
has both threatened to commandeer our piece of equipment and to withdrawal,
without our consent, additional funds from our bank account. We do not have any
documents stating any sort of reasonable compromise.
To
the contrary, Alliance has attempted to resolve the issue through negotiations
in which Mr. [redacted] refused to partake in.
The
“attempt” of Alliance was to slightly reduce the buyout figure of the machine.
Mr. [redacted] did not refuse to partake, he refused an unfair compromise. We would
like Alliance to share with the Revdex.com their “attempt to resolve” the matter at
hand.
In
closing, a professional financing company would not in good faith execute this
type of lease structure to any of their clients, plain and simple. They assured
[redacted] construction they would assist us in financing the repair in the best
possible method to suit our needs, any they obviously have done just the
opposite. To ask for approximately 35K on top of the amount financed and its
interest, is overly excessive and we stand by the statement that is unethical
business practice. We would like to thank the Revdex.com for helping us expose these
damaging practices and look forward to closing this case.
Regards,
[redacted]

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID [redacted], and have determined that this proposed action would not resolve my complaint.  For your reference, details of the offer I reviewed appear below.
We wish to offer Alliance funding a $5,000.00 payout for the crane to resolve this issue.
Regards,
[redacted]

In response to Mr. [redacted]’s complaint, Alliance Funding Group has agreed to refund the amount of $2,033.63 for the interim rent portion of the charge. Although the interim rent is a valid charge per the contract terms, Mr. [redacted] claims he wasn't made aware of it. I spoke with Mr. [redacted]...

and he is in agreement with this resolution. Sincerely,[redacted]Account Mgr.Alliance Funding Group

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID [redacted], and find that this resolution would be satisfactory to me.  I will...

wait for the business to perform this action and, if it does, will consider this complaint resolved. I have sent a request to have this complaint closed. 
Regards,
[redacted]