Capital Alliance

The business is using deceptive practices to lure in customers. This needs to stop. They are sending out fake checks for $250,000. That has got to stop. Their agents are telling people that they are "already approved" for $250,000 loans. That has got to stop. They told me I was already "approved" for $250,000" They also told me their rate of interested could be 5%. I would like the $250,000 loan for 5% so they hold true to their word. If not, this complaint goes unresolved. They are very, very deceptive in trying to get new business. Look at the attached check - it has an issue date. It has a check number! It says "pay to the order" on it.... it even has a place to endorse on the back! The average business owner using reasonable thought, would understand this to be a real commitment to these funds. Combine this with the fact that their agent, [redacted], told me on the phone 3 times on 8/19/15 that I was "Already approved due to my [redacted] rating" Makes this a simple matter. But it is all deceptive. Should we get the Attorney General involved? I will be seeking legal representation. This is the most deceptive you can get. The only way to resolve this is for them to be true to their word, and promise, and loan $250,000 for 24 months at 5%. Otherwise, this has to go to the public and let them see what this company is doing. After this complaint, their A+ rating with the Revdex.com will be a lie, or no more, as they are not using legal tactics.

We have received this customer's inquiry. Unfortunately it appears this complaint was never brought to our attention. Normally we receive an email notification.
Please be advised that Capital Alliance will send a written response to, and/or will speak directly with, the customer...

addressing the issues raised in their complaint. 
Thank you

The following information has been removed from our databaseCustomer Information:[redacted]Daytime Phone: [redacted]E-mail: [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.
Regards,
[redacted]

If you've lost money to Capital Alliance Group, please email me: [email protected]. I'll make it well worth your while, and you'll help put an end to their many scams. With your help, I'll help put them out of business. But I need your help to do it.

Review: I arrived to my office and found a FAX advertizing LOAN LEASING EQUIPMENT. I responded by calling and routed to [redacted]. He identified himself as a Financial Consultant for Capital Alliance Corporation Ph: ###-###-####After a smooth interaction and questions about my Business Plan he asked for my Social Security, Bank Business Account Number and latest FICO score which, it is over 720.I provided the information without hesitation. He qualified me for a Equipment Lease in the amount of $51,000 with a monthly payment of $1,621.79.Since I am in the process openning a "new convenience store" I am spending lots of money from my Business Account and by surprise at 3:07AM a charge for $695.00 was electronically made against my balance. Subsequent to that he called me a few hours later at 7:20AM to let me know the GOOD NEWS, that he have approved me for the $51,000 however, he stated that it will be done in two parts, $27,000 for one vendor and $24,000 for the other.He informed that he will be sending paperwork to be signed and to be returned via FedEx overnite. So he initiated a contact with the two vendors in California and Colorado and explained the procedure. Each responded by sending the requested invoices in the name of Capital Alliance. My insurance also send CERTIFICATES.Then he didn't respond to phone calls nor e-mails. I didn't heard from him until Monday, December 2, letting me know that he was breaching the authorized funds and that he was not refunding the $695.00.I certainly regret the lost of over two precious weeks into the development of the business which, it impacted the Master Plan Schedule. When the funds were deducted from my bank account I told him over the phone and in writing via e-mail that I have lost some sleep due to his questionable actions. He apologized that he didn't explained me the procedure and offered to refund the money.Today he send me a form with a WRONG last name and there is no mention of the $695.00 to be refunded also stating that it will take 4 weeks.Desired Settlement: To stop that unethical and unlawful business practices. I need to continue moving on although Capital Alliance have negatively impacted my Business Plan, Business Master Schedule and Bank Account as well as my Business Profile regardless of [redacted]'s apologies.1.- IMMEDIATELY I NEED THE ELECTRONIC REFUND TO THE MY BUSINESS BANK ACCOUNT SO NO FURTHER ACTION WILL BE TAKEN!!!2.- Destroy the provided sensitive and private information: Business Bank Account Number; Social Security Number and Federal and State ID numbers.3.- It is unfortunate that [redacted] have sent to me e-mails with personal information from other business that includes sensitive and personal financial data.So I am afraid that he may sent to someone else personal and business information about myself and that, it MUST be corrected with a sensitive training process as to how he should handle files within Capital Alliance and its customers.Regards,

Business

Response:

As soon as the client claimed the process was taking too long, we offered a full refund. We sent the client paperwork to sign for the refund to be issued.

Payment will be mailed out today.

Review: Received a fake check for $58,965.02 that looks legit. Capital Alliance Group and its affiliates do not have permission to use information about or market to our business or the individual named for any purpose. This information should be removed from their databases and their methods of marketing should be investigated for ethical and potential fraud risk.Desired Settlement: Remove from list and stop marketing to identified company and individual; Revdex.com investigate/consider ethics of marketing practices.

Business

Response:

The following contact information has been removed from our database:Customer Information:[redacted]Business: [redacted]Daytime Phone: [redacted]E-mail: [redacted]

Review: I have received several "checks" in the mail over the past year from this company. I have researched this company and this seems like a scam. This kind of advertising is misleading as many other complaints on this website have stated. I would like this company to remove my company from their mailing lists.Desired Settlement: I would like them to stop mailing and calling my business.

Business

Response:

We have removed this customer from our database

Consumer

Response:

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.

Regards,

Review: Cold Calls Do NOT CALL listed number hiding their ID to hawk scam financing services

This lowlife company called my DO NOT CALL listed cell phone to hawk their scam financing services. They hid their ID from Caller ID which is illegal, and used an automated system. The Operator I finally got in touch with was very secretive about who she was calling on behalf of.Desired Settlement: IMMEDIATE REMOVAL OF MY CONTACT INFO AND CEASE AND DESIST OF ALL FURTHER COMMUNICATIONS. This fraudulent company should be put out of the public's misery

Business

Response:

Mr. [redacted] has been removed from our marketing database and should no longer receive unwanted faxes or calls.

Consumer

Response:

We'll see. If I get any further contact, another complaint will be filed

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.

Regards,

Review: The business practices of this firm comes across as a phishing scam and now I'm concerned my business information may have been compromised. I received a letter in the mail and responded for more information. I wish I hadn't because I then received numerous calls each week about a business loan.

When I told them I didn't feel comfortable giving out my tax id# over the phone, I was told I could research the company and complete an online application. Even after declining the application several times, it kept popping up in my email every day for several weeks.

Because my company needs capital, I finally decided to research them on the Revdex.com website and because of the Revdex.com rating I completed the application. Because I was still apprehensive about putting my social security number online, I sent the application and figured a representative would get back to me for the 2 pieces of missing info.

To my surprise, I never got a phone call, instead I got an email with subject line "Application Denied." The rest of the email was completely blank. Which is quite unusual for a financial company.

I called and was told I was probably denied due to my company's annual income. If they would deny you purely on your company's annual income and not credit worthiness, why didn't they tell me that in the numerous sales calls and emails.

This looks and feels like a scam because they hound you relentlessly until they get your information and then send you a blank email. I would not recommend this company to anyone.Desired Settlement: To prove this isn't a scam, this business should submit verifiable references to the Revdex.com. I also want this business to stop calling and emailing me and remove all of my information from their system.

I will be monitoring my business credit to see if there is any suspicious activity.

Business

Response:

We have removed this customer from our database.

Consumer

Response:

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.

This business should explain their business practices. After an interview with the company, they repeatedly called and sent emails asking me to apply for a business loan. As soon as they got my business EIN and other very confidential information, they sent a blank email with a subject "Denied." and all phone calls stopped. However, after my Revdex.com complaint I've received 2 more emails asking for my confidential business information again. They should be investigated to see what they are doing with this "confidential" information and why they don't respond like normal lending institutions with a formal letter or phone call to explain their decision making process.

Review: I received a very misleading advertisement with a check attached for $58,965.02 that appears to be real. Nothing in the attached letter explains what the check is all about. In fact there is no mention of it. The letter informs me that I have been approved for a business loan of $250,000. I feel the advertisement is misleading and does not give correct information regarding the attached check. This is unfair to the public and preys on the less informed.Desired Settlement: To have this company stop false and misleading advertisements and send me an apology.

Business

Response:

The following contact information has been removed from our database

Review: This company mailed out a fake check for fifty eight thousand nine hundred and sixty five dollars and 2 cents. I want [redacted] removed from all mailing list. Capital Alliance Group 1950 East 17th Street 3rd floor Santa Ana California 92705 does not have my permission [redacted] to use any of my personal information or any information pertaining to [redacted] company.Desired Settlement: Stop contacting

Business

Response:

The following information has been removed from our database

Review: I received an advertisement from This company about business loans. I sent in for more information and was contacted. After speaking to the representative I applied for the loan was debited $295.00 processing fee required due to conditionally approval for 11,000.00. Now after the so called approval I was told the loan would be split into 2 deposits $4,000 and $7,000. I was then ask to give my Bank log in password and security questions, and ask to sign a power of attorney over all my finances including my direct deposits etc... This is absolutely bogus. I immediately called my accountant and attorney and they advised me that I would be making a huge mistake if I gave them this information. I was advise to terminate the loan and request a full refund of my $295.00. I sent them an email refused the loan and requested my $295.00 back. Then Ben called me I was on a phone conference when he called and told him to call me back in about 15 minutes. My phone conference however went over and he call back spoke to my employee and rudely and unprofessional demanded to talk to me and went on to say if I wanted there $4,000 loan then I would speak to him. She replied that is none of my business and you are very unprofessional to display her business out to me like that, and if it was me I would be very angry. When he called me back I addressed the issue and told him I was disappointed in his un-professionalism and he had no right to talk about my financial situation to my employee. He than replied you don't speak to me that way I did you a favor by getting you approved now do you want the money or what? Ben is an arrogant pompus unprofessional bully. I would never do business with a company like this and that have an employee that thinks because I applied for a loan i'm desperate, and have to take his unprofessional behaviors. NO WAY! Please Just Give Me My $295.00. People don't do business with this company! Consult with your attorney and accountant before making any hasty decisions that make cost you!Desired Settlement: I WOULD LIKE TO HAVE MY $295.00 REFUNDED BACK TO MY ACCOUNT IMMEDIATELY!!!

Business

Response:

A refund has been issued to this client.

A copy of payment is attached and will be going out in today's mail

Review: I believe Capital Alliance Group is running a SCAM. I received a letter stating that the funding department has already approved the business [redacted] Sewing Svc for up to $250.00. This business quit about three years ago, so I don't know where they got the name from. However I have never solicited a loan from this company. The loan is for to have business working capital. There was a check attached for $68,217.56. The phone number to call to activate the account is 1-877-871-9221

I tried to research their number on the internet and it was not in the yellow pages. I found the number 1-877-871-9221 relating back to a business in GA.

I have previously had letters offering me loans for business, and called back to be taken off their mailing list.

These are very sketchy unethical business practices to send out checks offering loans. People with a business needing cash might fall for this scam. I don't know what would happen if I called

the number to see what the next step would be. Please get them to take my name and address off their scam list. The business they are sending to is: [redacted] Sewing Services. Thank you.Desired Settlement: Remove my closed business name and address from their mailing list

Business

Response:

We have received this customer's inquiry. Please be advised that Capital Alliance will send a written response to, and/or will speak directly with, the customer addressing the issues raised in their complaint.

Consumer

Response:

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.

[redacted] at 1-[redacted] called me and said that my name will be removed from the data base, and to let him know if I should ever receive anything more from their marketing company.

Regards,

Review: This company was faxing us regularly that the arrange for business loans. On contacting them they talked me into that they can arrange a business loan in spite of my personal bankruptcy in 3 business days . they made us sign the documents and took all our bank info with the condtion that they will fund us first and then take out the installments. they came back to me and knowing from my talks the person [redacted] asked me to submit papers from 2 other companies I own too so that he wanted to see where the loan can be arranged so basically he tool bank info for three companies and then they stopped corresponding to me and picking up our phones and then all of a sudden I found 2 debits out of my two accounts without my authority and permission

please help one charge is of 295 and other is 495Desired Settlement: they should pay back our money and destroy , cease and dessist alusing all our info

Business

Response:

A full refund has been issued. A copy has also been provided to the Revdex.com.

Review: The representative says get the processing fees after I will get funded but they charge before and told me I am not approved for funding. The person talked to me told me I am already approved for that. They send the form to fill and signed which I did not signed but I fill it up. Now they are telling me I signed which like to me fraud

Business

Response:

We have received this customer's inquiry. Unfortunately it appears this complaint was never brought to our attention. Normally we receive an email notification.

Please be advised that Capital Alliance will send a written response to, and/or will speak directly with, the customer addressing the issues raised in their complaint.

Thank you

Consumer

Response:

Hi Sir / Ms they have sent me a attachment / document for refund in which I don't understand In the last sentence of first paragraph I never had a loan from them. I am going to call them too to verify to make sure about this. But I also liked to bring to your notice just in caseregards[redacted]###-###-#### bus###-###-#### fax

Business

Response:

We have received this customer's inquiry. Please be advised that Capital Alliance will send a written response to, and/or will speak directly with, the customer addressing the issues raised in their complaint.

Review: Scam Company- Claim to be a lender to small business's like mine (Residential Construction Services Inc.- an Accredited Revdex.com Member in New York State with "A" rating)-and notified me that(I)my company had been approved for a $25,000.00 short term business capital loan and I needed to send in 6 months of Bank statements along with a Voided check and the monies would be then transferred into my account within 2-3 business days. They immediately electronically remove $495.00 from my account and I have not received the loan nor have they returned my calls which now go to a voice mail ([redacted]), And the broker I had been dealing with a Mr. [redacted] @ ###-###-#### has fallen off the face of the Earth. as the number has been disconnected with no forwarding number available.The listed Business number for this company is ###-###-#### and fax is###-###-####Desired Settlement: I would like a refund of the $495.00, as I believe I had been drawn in by a lender who only collects funds and never delivers.They can refund in the name of my Buisness as That is where they stole the money from.

Business

Response:

We have gotten in touch with the client

Review: I received this flyer with the name [redacted] so when I called to speak with her they kept saying she was unavailable and they would help me and would try to get information. When I didn't give them information they hung up on me twice.

I then called to speak with management to inform them that their employees were very unprofessional and I wanted to be taken off their list, I spoke with a guy named Derek and he informed me that [redacted] did not exist and then he tried to make a sale. I let him know that I believed that their company was a hoax and I wanted to be removed from their list. He said he would remove me from their list and that since I was a business I would continue to get from other business as well. His demeanor in saying this was very hostile and I told him that he was being very unprofessional. (This is where the conversation became very heated and degrading.) He called me a-- hole and used all kind of filthy language after that. Such as Mother Fu--er etc. I finally hung up on him.

It did not stop here he called me back and proceeded to cuss me more and said he would make sure he gave my name to other business and I would be getting calls all the time.. He also made the statement that he was going to blowup my business.. These things need to be addressed.Desired Settlement: There should be an apology and I do not want to contact me in any way again.

Business

Response:

Mr. [redacted],

Just spent the last WEEK waiting on approval from Capital Alliance only to be floored by their terms and conditions. The amount approved is less than an open balance available on just ONE of my credit cards. Then they tell me after daily payments drawn ACH from my business account, mind you money they have approved for my business expansion they are now taking back plus interest due they will re evaluate to see if I would be approved for more money just to up the daily amount withdrawal. OK here is the kicker, they wanted me to pay them 35% interest rate on that 3 month loan. I nearly joked as a gasp for air, you would think my credit rate was in the 400, I had a prior BK, and I had judgments. OMG after first asking several times what the terms and conditions are APPROX, and exposing my financial information they offer that rate. I was insulted beyond words as I look fabulous both on paper and in person, lol. It's a sad day when business get away with such **. Buyer truly beware if I was quoted 35% with average 700 credit score, on time payments, no judgments, no BK, defaults, just think what rate they will charge you.

Review: On 6/2/14,I was seeking working capital online and came across Captial Alliance Group. [redacted] emailed me a pre-approval 100k business loan. In the email, he never mentioned there is a $995 non refundable flat fee regardless the deal closing or not. He deliberately asked me to sign and return the documents, stating that it was for funding purpose. After I returned all the needed documents for the loan, he told me that he can't offer me 100k loan, but instead a 20k loan with a very short pay back period. I denied the offer. On 8/1/14, I found capital alliance group initiated a $995 ACH payment against my business bank account. I have contacted [redacted] for a refund. [redacted] replied that he has completed his law school and cautioned me to tread with him lightly.

Resolution I am seeking: refund $995Desired Settlement: Resolution I am seeking: refund $995

Business

Response:

Good morning,