BriteCap Financial Reviews | Read Customer Reviews of britecap.com

BriteCap Financial Reviews | Read Customer Reviews of britecap.com

BriteCap Financial reviews

Showing 48 reviews with 1 star · Clear filters

Juan M.
Jul 12, 2023
They said I was pre approved fro…
They said I was pre approved for 150,000. And then I was declined a day later. They said it would be a soft pull and lied now my credit score went down 73 points terrible business bait and switch. Plan fat liars. Don't do business with them not true to their words and what they say. Waste of time. And will mess up your cerdit report. Horrible company.
Response from BriteCap FinancialJul 17, 2023
Dear Juan, At BriteCap, we are committed to our mission of helping America’s small businesses and we regret that you are disappointed in your experience applying for financing. The pre-approved offer you received was based upon information BriteCap received regarding your business from one of the major business credit bureaus. We regret that we were unable to provide your business with financing at this time. However, please be advised that our credit application does not include any hard credit inquiries and therefore, there is no impact on a business owner’s credit score when applying for financing with BriteCap. If you would like to share any additional information, please contact us at [email protected].
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Vadims S.
Jul 7, 2023
Tryed get money for business ,just…
Tryed get money for business ,just waste of time ,they are blowing air but result 30 percent need pay back in period 12 month .just another rubbery.
Response from BriteCap FinancialJul 7, 2023
Dear Vadims, At BriteCap our mission is to help America’s small businesses and strive to provide excellent customer service. We appreciate you taking the time to provide feedback. With respect to your concern, we offer fixed-cost business loans and apologize for your being dissatisfied with your experience with us. We pride ourselves on our transparency and providing competitive pricing in our industry. We are very sorry that that you had a negative experience with BriteCap, we wish you and your business the best in your future endeavors.
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Win S.
Jun 30, 2023
Every three months or so
Every three months or so, I receive a plastic card in the mail from BriteCap (formally known as FORWARD LINE). The advertisement states that I am "pre-approved for up to $150K". In reality, I am pre-approved for NOTHING. After submitting three(3) months of bank statements and other financial data, I MAY be pre-approved for something, but not anywhere close to $150K. With great reluctance, I was eventually quoted an ANNUAL PERCENTAGE RATE (APR) for the interest charged. The "usurious" rate charged is exactly why BRITE CAP is legally disallowed from operating in about five states. The other 45 states could care less if your business gets ripped off. The "final straw" was when one of the MANY Vice Presidents at BRITE CAP explained that they would be withdrawing $ from my corporate checking account DAILY! I've never heard of anything so absurd. Thirty (30) withdrawals in a typical month? Oh yeah, only 28 withdrawals in February. In summation, don't ask too many questions of your sales agent. They've been instructed NOT to honestly answer certain questions or provide certain information. Be wary. Be VERY wary of BRITE CAP (or whatever name they may change )
Response from BriteCap FinancialJul 25, 2023
Dear Win, At BriteCap, we are committed to our mission of helping America’s small businesses and we regret that you are disappointed in your experience applying for financing. We take pride in providing our customers with fast, flexible and competitive funding options. We wish you continued success with your business.
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Maquan L.
Jun 24, 2023
Thank you for your recent application…
Thank you for your recent application for business funding from BriteCap (Application Number Unfortunately, at this time, neither BriteCap nor any of our third party lending partners are able to provide funding for your business. Within the next 30 days you will receive an official decline notice via email as required by federal law; however, as a small business owner, we know how important funding is for your business and wanted to let you know as soon as possible so that you can plan accordingly. If you haven’t done so already, you may wish to contact the Small Business Administration for options. We regret that we are not able to help your business at this time, but we hope you will consider BriteCap for your future business financing needs and we wish you and your business great success in the future. Regards, The BriteCap Team
Response from BriteCap FinancialJun 26, 2023
We are sorry that we were unable to approve your application. If you would like additional information, please contact [email protected].
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Yansel C.
May 17, 2023
Disgusting how these people work
Disgusting how these people work, I applied and was pre-approved for 15k, and after I had to call them 2 times first to tell me they did have a system issue and I need to send the bank statements separately. The second time to know how were the application and my agent Christian Naulty didn't even know who he was talking to or the name of my business, I had to be transferred to another person because he couldn't tell me I was not approved to find out they were sending my documents to their partners without telling me and without my permissions.
Response from BriteCap FinancialMay 30, 2023
Dear Mr. Cespedes, At BriteCap (formerly ForwardLine), we pride ourselves on excellent customer service and regret that you were dissatisfied with your recent experience with us. We have looked into the matter, and will be replying to you directly with additional details.
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Danielle B.
Nov 16, 2022
Absolutely BS
Absolutely BS! If I could give a negative star rating I would! Don't even bother w this bogus company!
Response from BriteCap FinancialNov 29, 2022
We deeply regret Ms. Boggs’ negative experience applying for financing with ForwardLine. At ForwardLine, we are committed to upstanding business practices and are proud to have provided financing to thousands of America’s small businesses for the past 19 years. At ForwardLine, we pride ourselves on excellent customer service and a consultative sales process. Ms. Boggs should have received clear and timely communication from us regarding the requirements and status of her application and we sincerely apologize that this was not the case. We are carefully reviewing the situation and will take appropriate steps to ensure this does not happen again. We are very sorry that we were unable to help Ms. Boggs’ business and that she had a negative experience with ForwardLine. We wish Ms. Boggs and her business the best in their future endeavors and hope to be able to meet Ms. Boggs’ business financing needs in the future.
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Bette W.
May 24, 2022
didnt get the loan but jumped through…
didnt get the loan but jumped through several hoops balanced a beach ball on my nose for two days then when i had done all they asked and submitted every thing they asked for they wanted more. then when i say thanks for the effort they insult me and tell that if I dont use them that my credit is so low i have no other options. well my credits only 702 and my partners is 640 im not sure what he meant but read deep into the small print its expensive if your not on your game Steve in Panama City Beach
Response from BriteCap FinancialMay 25, 2022
We deeply regret Ms. Waddell’s negative experience applying for financing from ForwardLine. At ForwardLine, we are committed to upstanding business practices and are proud to have provided financing to thousands of America’s small businesses for the past 19 years. We regret that Ms. Waddell’s business did not receive final approval for funding. At ForwardLine, we pride ourselves on excellent customer service and a consultative application process. Ms. Waddell should have received clear and timely communication from us regarding the requirements and status of her application and we sincerely apologize that she does not feel this was the case. We are carefully reviewing the situation and will take appropriate steps to ensure this does not happen again. We are very sorry that Ms. Waddell had a negative experience with ForwardLine, we wish her and her business the best in their future endeavors and hope to be able to meet Ms. Waddell’s business financing needs in the future.
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Nick H.
Jul 1, 2020
Fake coronavirus support,
We had a loan with them, six months later coronavirus hits, they give me a temporary payment plan things are smooth. Then July 1 2020 they call and state we are ending the temporary payment plan ok no problem July 2 2020 I get a harrasing call telling me they will now report the temporary reduced payments as insufficient payment to my credit report unless I settle in full with them
Response from BriteCap FinancialJul 8, 2020
Dear Mr. Hiteshew We apologize for the miscommunication and misunderstanding regarding your loan during these challenging times. We can confirm that as long as you continue to make the agreed upon payments as part of your repayment plan, then we will not be reporting any negative payment information. A team member will be reaching out to explain this in more detail. Please don’t hesitate to call us if you have any further questions. Sincerely ForwardLine Team
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