W L.
This group is toxic
This group is toxic. They quickly got me a small loan but claimed the payback terms were monthly. Later they provided a document with a forged signature that said payback was daily. I was late a day and they garnished ALL my income from three contracted businesses and blocked my square and cash ap systems. After I got a lawyer involved and paid they off, they released my funds but then continued to try to bill me. I had to put up a stop payment on my account. They sent me a pay off letter written in legalese that other lenders sometimes would not accept. My credit report tanked and I am listed as a defaulter.
Response from Arena Funding SourceDec 15, 2025
We take all feedback seriously and believe it is important to clarify the facts reflected in our records. The merchant entered into a written revenue-based financing agreement that clearly disclosed the remittance structure, authorization terms, and remedies in the event of non-payment. The agreement was executed electronically and governs the relationship between the parties. On 04/08/2025, the merchant stopped authorized remittances, which constitutes a default under the agreement. As a result, contractual enforcement actions were initiated in accordance with the authorizations provided by the merchant, including coordination with payment processors. These actions are not punitive; they are contractual protections triggered by a remittance stop. Despite the default, we worked directly with the merchant to resolve the matter amicably. The merchant elected to complete a one-time payoff, and we extended a 5% discount, resulting in a final payoff amount of $5,526.42. Upon receipt of payment, all applicable release notices were issued and processors were authorized to resume normal disbursements. We do not forge signatures, alter contracts, or pursue accounts after a verified payoff. Any documentation provided post-resolution is issued in standard legal format to ensure accuracy and compliance. We regret that the experience was frustrating; however, we strongly dispute allegations of misconduct. We remain committed to transparency, professionalism, and fair dealings with all merchants. We also have a proof of all documents Mr Lawson. If you want we can upload them here as proof if you allowed us to do it or we can send it to you directly. Please confirm. Thank you Arena Funding Source [email protected]