John K.
Awfully deceptive
Awfully deceptive, tells you there’s no early payout penalty verbally. Final contract shows in fine print “you still have to pay the full finance charges even if you pay off early”. Jack was very nice to speak with but this was very deceptive. MUST read the fine print before signing anything here for sure
Response from Better Business Funding ®Apr 20, 2023
Hi John, we reviewed your Equipment Financing program approval and you have a 4% prepayment discount for early prepayment. Alternatively, you also have an option to book a shorter term to reduce total cost. If prepayment discounts are important to you, I would suggest one of our Working Capital Loan programs in which all remaining interest is waived for early prepayment after the first 14 weeks. Please reach out with any questions directly to 844-294-2622. Thank you!