Results 1 to 19 of 19
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10-18-2023, 12:29 PM #1
- Join Date
- Aug 2021
- Posts
- 157
AJ Equity Group/Alternative Funding Solutions
Seems like this AJ Equity group does this fake LOC scams as well.
They sent all their docu signs from Alternative funding Solutions
AJ EQuity did like 100k 10% fee payback 149k
then in another docu sign $1,000,000 line of credit for 4% from Alternative
all the docusigns come from a guy called Nicki Santora
wtf man
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10-18-2023, 01:18 PM #2
- Join Date
- Feb 2017
- Posts
- 3,396
How do you know that AJ Equity sent both Docusigns? Did you see them both? Perhaps both Docusigns came from the broker (using the AJ Equity PDF)? Anything here is possible, this is MCA we're dealing with. I'm not taking sides, I just want the truth to come out.
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10-18-2023, 01:36 PM #3
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- Aug 2021
- Posts
- 157
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10-18-2023, 01:44 PM #4
- Join Date
- Nov 2022
- Location
- NYC
- Posts
- 48
i literally have the same thing going on with a client i have a IOU offer for. He Got a Docusign from AFS which basically has the verbiage as the bait and switch LOC scam everyone has seen.
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10-18-2023, 01:47 PM #5
- Join Date
- Apr 2018
- Posts
- 178
https://en.wikipedia.org/wiki/Nicholas_Santora - Maybe its this guys son LOL
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10-18-2023, 01:50 PM #6Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-18-2023, 02:00 PM #7
- Join Date
- Nov 2019
- Posts
- 669
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10-18-2023, 02:04 PM #8
- Join Date
- Nov 2018
- Location
- Miami
- Posts
- 116
AJ does not offer Docusign the ISO would have to manually send the docs via their own Docusign, Sounds like a typical shady broker move to get the deal closed.
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10-18-2023, 02:20 PM #9
- Join Date
- Aug 2021
- Posts
- 157
The email came from info@alternativefundingsolutions.net for both of the deals
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10-18-2023, 02:30 PM #10
- Join Date
- Feb 2017
- Posts
- 3,396
Bingo. If it had come from AJ Equity, it would have come from ajequity.com
Please contact AJ Equity directly, try to get the ISO fired, and steal the deal from the broker.
Also send them my abfunders.com/loanscam video
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10-18-2023, 03:43 PM #11
- Join Date
- Oct 2021
- Posts
- 216
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10-18-2023, 06:08 PM #12
Jesus,....if all this is true, garbage like this just makes all of our jobs that much more difficult navigating around it.
Then, you have the disgruntled merchants getting super skeptical and making closing a deal harder!
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10-19-2023, 12:34 PM #13
- Join Date
- Aug 2018
- Posts
- 729
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10-19-2023, 12:38 PM #14
- Join Date
- Aug 2021
- Posts
- 157
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10-19-2023, 03:48 PM #15
- Join Date
- Oct 2023
- Posts
- 13
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12-07-2023, 11:12 AM #16
Told the guy for months he was getting played. Then again, & again, & again.
Everything you have said is 100% substantiated and i would assume u have the docs as I do.
obviously aj was in the loop somewhat with the iso who pulled the bunk.
But does it really matter if the guy's been bunked 3+ times and is still falling for it?
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12-07-2023, 11:31 AM #17
- Join Date
- Mar 2020
- Posts
- 133
The brokers/funders who do this are obviously out of line. Such a wild move. That being said, it's hard for me to have a whole lot of empathy for the merchants. The scam is so outlandish it's just too difficult for me to walk in the merchants shoes for even a second. The vicious blind optimism of hope strikes once again.
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12-07-2023, 11:45 AM #18
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12-07-2023, 12:58 PM #19
- Join Date
- Aug 2021
- Posts
- 157
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