[BROKER TIME]

Does anyone who funds and pulls under ”CLOVER ADV”
had 2 clients that i have renewed multiple times
that were tricked by this company

in each situation the client was promised a big line of credit
if they took a smaller advance and payed off in 2 days they would have the line of credit.

iam not a funder but unfortanetly this caused me 2 refis
because they missed payments because clover adv drained their accounts

[Shorebird]

I have a merch that clover over pulled by 12k and refuses to return it and refuses to issue a zbl. Will not answer the emails from the merch.

[BROKER TIME]

re

[Zonefund]

replies like this is what gets posts taken down

clowns who just write assumptions and add other companies who may not be associated
unless you know who they are please dont reply

I didnt make a statement i asked a question, read my post.

[BROKER TIME]

I didnt make a statement i asked a question, read my post.

ask somewhere else

i need to know who this company is if anyone has any leads would be great

and if you can let me know how the merchant can get back the money they lost?

[Zonefund]

ask somewhere else

i need to know who this company is if anyone has any leads would be great

and if you can let me know how the merchant can get back the money they lost?

Yes, have them contact the attorney general, fbi, etc. What they're doing is flat out fraud.

[BROKER TIME]

clover.JPG


attached is how they debit and deposit

it doesn't show a bank name

[abfunders]

Have the merchant contact the bank to run a trace on the ACH to find out the "hidden" information. It's all a paper trail. In the meantime, they can also tell the bank that the ACH outbound was fraud. Mention r08.

[BROKER TIME]

havent found a name yet

but found out what bank they are using

they are using the address of

clover advance group llc
111 john street new york ny 10005

still trying to find out who runs the shop

[BROKER TIME]

havent found a name yet

but found out what bank they are using

they are using the address of

clover advance group llc
111 john street new york ny 10005

still trying to find out who runs the shop

getting closer to finding out who runs this place will post when i have the concrete evidence
has anyone had the same issue with them doing this to a client?

[sweetleadz]

getting closer to finding out who runs this place will post when i have the concrete evidence
has anyone had the same issue with them doing this to a client?

I had three files over the weekend with clover doing there scam

[sweetleadz]

clover.JPG


attached is how they debit and deposit

it doesn't show a bank name

How long have they bin around?

[DiamondCapitalFunding]

That's funny. Clover did something similar to a client of mine as well before we got them funded. They also just sent me a threatening email thinking I* started this thread.

If the merchants I've spoken to are telling the truth - then Clover has done things like you are describing to them as well. In fact the name Clover keeps making me think of the POS system that also does loans, which is perhaps why they picked this name to begin with.

I am not an attorney, I can not state that what they do is fraud, but in my book, in my opinion 1.499%, 10% to 30% fees, and 30 day terms are abusive. If that term is too strong I just all around think "funders" that do that are heartless and mean.

Clover does not seem like a company I would ever want to refer any of my clients to. Would love to hear their stance on this.

[sweetleadz]

That's funny. Clover did something similar to a client of mine as well before we got them funded. They also just sent me a threatening email thinking I* started this thread.

If the merchants I've spoken to are telling the truth - then Clover has done things like you are describing to them as well. In fact the name Clover keeps making me think of the POS system that also does loans, which is perhaps why they picked this name to begin with.

I am not an attorney, I can not state that what they do is fraud, but in my book, in my opinion 1.499%, 10% to 30% fees, and 30 day terms are abusive. If that term is too strong I just all around think "funders" that do that are heartless and mean.

Clover does not seem like a company I would ever want to refer any of my clients to. Would love to hear their stance on this.

Another two this weekend shhhheeessshhh >

[GoldStandard]

They are not tHE Same entity.

[sweetleadz]

they are not the same entity.

who ??

[GoldStandard]

Have the merchant contact the bank to run a trace on the ACH to find out the "hidden" information. It's all a paper trail. In the meantime, they can also tell the bank that the ACH outbound was fraud. Mention r08.

You are the Man and extremely knowledgeable.

[abfunders]

So now Clover Advance Group is filing in the NY courts. Someone by the name of Matthew Robertson is signing off on the affidavit, can't find anything about him. There's "Robert Loch" from Summit who's involved as well as a "David Collins" and "Douglas Wood" who emailed a term sheet from "Concord Venture Capital Group" with a LOC of 24 months at 4% and the remainder at 8%. The "David Collins" phone number is linked to "Anne Starks" or "Anne Starkley" with a 214 area code.

[Sachip24]

If they use Clover system to accept credit cards it can be them, they give advances to clients based on credit card processing sales. But It can also just be another mca company using the Clover name purposely since its well knows for credit card processing equipment. You can also white label an ACH so it can be anyone

[Zonefund]

If they use Clover system to accept credit cards it can be them, they give advances to clients based on credit card processing sales. But It can also just be another mca company using the Clover name purposely since its well knows for credit card processing equipment. You can also white label an ACH so it can be anyone

Sachip I haven't seen you on here for some time. What shop are you at currently? Premium?

[Sachip24]

Sachip I haven't seen you on here for some time. What shop are you at currently? Premium?

correct