Well.Where do we start. First you should never bor...

Well.Where do we start. First you should never borrow from any of these predator lenders unless you really need to.You will pay up to 25 percent.We have used BFS for the past 5 years not because we were in love with them but we had developed a relationship with them. We have had about 5 loans with them totaling over $250 thousand.Never missed a payment then this year. My husband had a couple health issues and we asked if we could put our daily ACH on hold and double up on them when he got out.We are talking 2 weeks.They were very helpfully until we got to the end of our contract and it was brought up that we had been late on some ACH debits.We brought up that they made the offer and said they would not hold it against us.DO NOT BELIEVE It.We made over 1000 ACH debits .BFS made over Thousands of Dollars on us over 5 years and we are down to the last couple debits and we are done.We asked if they had any offers for us after we provided bank statements totaling over $100 thousand in last 90 days.We got NO answer. 3 weeks later we asked why and were told that our sales were down which we replied that ALL business is down.We were told that after 5 years and a near perfect record we did not meet the standards of someone higher up the ladder.Look, we all know we are being taken advantage of as we cannot get funding as a small business Through the normal banking system .This is how they make their money but if you feel that they are your best buddy because you have been with them for some time they will be loyal to you .FORGET It.
What we would like them to know is we as a small business are very proud of our payment record over 5 years That s more important to us then anything BFS has to offer at ANY PRICE.So if you need CASH shop around.Be aware of predator Lending.BFS was good to us and we developed a good relationship with their team but at the end of the day REMEMBER sometimes in life we make poor decisions and we may be forced to kiss their butt.Its a decision you ONLY can make.At this point we have decided that we will move on.The man up stairs has got this.As is written.Borrower be a SLAVE unto the Lender.NO MORE.Doug and. Cheryl