KapitusReviews of kapitus.com

Nothing but lies during the approval process. Stay away from this company. May as well take a loan from the Mafia.

I should have listened to the reviews! STAY AWAY FROM THIS COMPANY. They take all of your personal data and do not respond after that. Even major banks give you a response to say if you’re approved or not. HORRIBLE AND UNPROFESSIONAL.

BEWARE OF PREDATORY LENDER! BEWARE! Bait and Switch predatory lender! I have mid 700s scores and established business credit, sufficient verifiable income, and somehow I was not approved for 12 years term loan for a small amount and was offered $25k loan with $350 per day payments to pay back $38k in 6 month. That is over 200% APY. Even worst credit cards have 27% to 35% apy, but 200% it is something new. Most review here showing people are so happy with terms....you got to be kidding me...lol. Either people are stupid, desperate or these are simply fake reviews. Either way I would not trust any lender who uses bait and switch tactics and who is predatory by nature.

Accountability Consumer Beware. There contract says 7% but they charge you 65%. Beware of Manual Rodriguez says he works for Kapitus I have a recorded call. Manual Rodriguez is practicing fraudulently. Consumer beware if you get a call from manual Rodriguez, and he says he works for Kapitus. Any activities Manual Rodriguez says or does. Kapitus will not honor. They will wipe your bank account empty. Kapitus will say the 3rd party companies they hire to write there contracts they are not responsible for. CONSUMER BEWARE: False Advertising. Invision Funding LLC, Kapitus Equipment Finance LLC, and Kapitus LLC. Do not offer loans. They mail you flyers of loans stating they have low rates but what they do is give you an extremely high interest CASH ADVANCE and tell you it's a loan. You pay double fees from what they deposit for the aka cash advance then they bill you all the fees in your loan. For example if you get what they call a loan of 50k they will deposit only the money after the fees. So they will deposit 24K into your bank then charge your bank 68K in return. Then they will schedule your payoff to pay and cover all the fees again. So if anyone wants a loan with a 85% interest rate. This is a good option. The sales person will tell you that you can pay off the loan early to reduce your fees if you pay off early. When I requested to do this there response was "oh those sales people don't actually work for us they are 3rd party so they just tell you what you want to hear to close the deal. They refuse to take responsibility for the unethical wrongdoing of the people who work for them. But beware this is a sales pitch only. If you request to pay off the loan early they will not give you any deductions off the fees. I know from experience. I asked to pay the loan off early 41 days after I got the money. I asked to payoff and they refused to discount any fees in fact a 8 month early pay off they offered me 0$ in reduced fee and used the excuse well the sales person told you that but they don't work for us they just draw up the contract. This is illegal and unethical behavior. Any other reputable company would reduce the fee charge. I would never borrow money from this company there are to many other good reputable companies out there. Consumers beware. They changed there name in 2019. I suggest to review all the lawsuits pending. It's unethical for a small business trying to borrow capital and setup a force face failure for them. All I wanted to do is borrow funds and honor what was agreed to. Nothing more. But to setup small business owners for failure those of you out there do your research. You don't deserve what happened to me. Best of luck. Small business owners are trying to make it right now and unethical lending companies setting us up for failure is no real way to get business. It's called bad business. Take responsibility for your actions and fix the problem stop ignoring the request from the customers. And do the right thing. Stop defrauding small businesses. At the end of the day we are your business. I wish someone would do something about this. But nobody will ever respond or fix the wrongful lending practices.

Invision Funding LLC, Kapitus Equipment Finance LLC, and Kapitus LLC. Do not offer loans. They mail you flyers of loans stating they have low rates but what they do is give you an extremely high-interest CASH ADVANCE and tell you it's a loan. You pay double fees from what they deposit for the aka cash advance then they bill you all the fees in your loan. The sales person will tell you you can pay off the loan to reduce your fees if you pay off early. But beware this is a sales pitch only. Stated by the customer service rep at Kapitus. If you request to pay off the loan early they will not give you any deductions off the fees. I know from experience. I asked to pay the loan off early 41 days after I got the money. I asked to payoff and they refused to discount any fees in fact a 8 month early pay off they offered me $264 in a reduced fee. Any other reputable company would reduce the fee charge. I would never borrow money from this company there are to many other good reputable companies out there. Consumers beware.

Very interesting group of scammers. First they'll spam you with email and calls. Then they will collect all your personal and business data. Then they'll have someone "deny" you even though you've passed all their parameters. Then they'll tell you that "oh im sorry. we can't delete your data" Small businesses be VERY careful with this company.

THIS COMPANY IS A SCAM---THE GAVE A LOAN TO SOMEBODY WHO STOLE MY IDENTIFICATION. THE DID NO RESEARCH BEFORE SEND $135,000 TO A FAKE. THE CHECK THE THIEF SUBMITTED TO KAPITUS HAD THE ROUTING NUMBER FOR WOODFORD BANK AND THE FAKE CHECK WAS FROM CITIZENS BANK. ALSO THEY HAD MY HOME ADDRESS AND EMAIL INCORRECT. WHEN I CALLED TO TELL THEM THAT THE LOAN WAS NOT MINE THEY ACCUSED MY EMPLOYEES OF STEALING MY INFO. AFTER 3 WEEKS OF GOING BACK AND FORTH THEY FINALLY ADMITTED THAT THEY WERE WRONG AND DROPPED THE LAWSUIT AGAINST ME. YOU WOULD THINK THAT THEY WOULD HAVE APPOLOGIZED TO ME FOR THEIR ERROR BUT THEY DID NOT. THEY JUST KEPT TELLING ME THAT IT IS NOT THEIR FAULT, IT IS MY FAULT THAT THEY GAVE THE LOAN. MAYBE THEY SHOULD DO THEIR HOMEWORK BEFORE SENDING MONEY. I EVEN TRIED TO REACH THE CEO ANDREW REISER AND WAS TOLD HE DOES NOT SPEAK TO CUSTOMERS. I GUESS WHEN YOU SCAM PEOPLE YOU DON'T NEED TO APPOLOGIZE.

I got sick had to close bussiness they agreed to payments then changed mind after they asked for documentation that violated hippa that's against the law stay away from kaptis. Update today they withdrew money out of my account even they they said no to the discounted payments unless I give them info that they can't ask for because of hippa if anyone else has a problems like this let me know maybe we can file a class action lawsuit