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National Atm Consultants

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National Atm Consultants Reviews (3)

The approval and funding was fast -- I did not have any issues with this But there were some things that I did not like, and I was not expecting First of all, they obviously don't care much about relationships The approval amounts were very low, even after our 3rd loan with them We never missed a payment, and paid off all our loans off early -- but nothing seemed to help any We had to go elsewhere to get a bridge loan to make up the difference Also, the rates are extremely high, and do not get better even after the 3rd loan The other troubling issue was that they pull a HARD inquiry on your personal credit EVERY SIX MONTHS, for the duration of the loan When I applied for a car loan (with different company), they told me that I had "too many inquiries on my credit report", and denied the loan It turns out that the bulk of the inquiries were from CAN CapitalI had of them in less than years! I would not recommend CAN Capital for your regular business lending needsI would only use them as a last resort 29.9% interest is not very appealing, and the damage to your credit prevents you from getting future loans elsewhere

I opened Automobile wholesale business on JULY/13th ,without capital and only 4,dollars which is very insignificant amount in today's market , I had a lot of promises and Credit inquiries one of those inquiries was for Can Capital so randomly I decided to call them and find out why I wasn't approved because my credit was fine but not 800+ , they looked into it and they told me I was approved but the middle company decided not to go forward with it because it wasn't much of a profit for them so they dropped and on the other side I was in a desperate need for funds so I asked Can I move forward with it? they gave me first approval 14,a year later they gave me 28,and within more months I received additional 32,so total funding in and a half years is 75,I you decide to do business with CAN CAPITAL that will be a decision you will never regret

The approval and funding was fast -- I did not have any issues with this. But there were some things that I did not like, and I was not expecting.

First of all, they obviously don't care much about relationships. The approval amounts were very low, even after our 3rd loan with them. We never missed a payment, and paid off all our loans off early -- but nothing seemed to help any. We had to go elsewhere to get a bridge loan to make up the difference.

Also, the rates are extremely high, and do not get better even after the 3rd loan.

The other troubling issue was that they pull a HARD inquiry on your personal credit EVERY SIX MONTHS, for the duration of the loan. When I applied for a car loan (with different company), they told me that I had "too many inquiries on my credit report", and denied the loan. It turns out that the bulk of the inquiries were from CAN Capital... I had 4 of them in less than 2 years!

I would not recommend CAN Capital for your regular business lending needs... I would only use them as a last resort. 29.9% interest is not very appealing, and the damage to your credit prevents you from getting future loans elsewhere.

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Address: 6320 Canoga Avenue Suite 1500, Woodland Hills, California, United States, 91367

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