KickfurtherReviews of kickfurther.com

They did what they said they were going to do. Not super complicated. They got the job done and when there was an issue they handled it....quickly.

Complete rip-off, possibly fraud? Fortunately, I only invested some 'play money' to check this out before investing further and thank goodness I did. Over half of my co-ops did not pay back in full, even months after due date, and multiple have literally paid back $0.00 yes, *ZERO* dollars on combined loans of over $350,000. I get there will always be some risk, but I can do better than 50% payback making loans to my drunk uncle. Months go by and all KF does is post some lame a** updates like "Our internal collection team will continue to try to make contact with the business owner." (that is verbatim from KF) Collection efforts are for s***, good luck trying to actually speak with a person there, "updates" do nothing but delay and give false hope. I have pulled out what little money I had remaining there and written off the rest. This is not some random rant - I have over 10 KF co-ops, these are my actual results over the past 12 months. AVOID AT ALL COSTS!!

Kickfurther is the equivalence of prioritizing company policy above the customer needs with failures of flexibility and reluctance to respond. When leads don't convert your paying clients move their business to a competitor. However, management is not Kickfurther's top reason to be cautious, increasingly charging inflated and back-end fees to businesses is how KF makes money. Completing Later than Estimated Co-Ops or even missing payment on partial Months after the Completion Date by a single cent or by a single hr/day?, KF in relation to our contract would gouge your business by over 2.20% in late fees — in our second contract KF tried to pull an over $5k late fees clause. We were advised to decline and move our business elsewhere, our lawyer were in complete awe: I 'll give you a scenario, if we were to ever be late by a fraction of a dollar other additional fees would apply. If KF now target businesses who have limited alternative options you should seek other capital alt. Firstly, KF contract termination clauses will leave your business on the hook for those out-of-control fees. Read your contract before signing, this new “fee economy” will make you a target for predatory lenders and brokers, prime lenders who engage in unethical predatory lending practices based on excessive rates and fees are often charging other back-end services. In our case, we were paying $1,200.00 monthly subscription from a previous contract, this should have been our first red flag. KF is lacking clear service strategy or adoption of industry best practices. Even though in the beginning the on-boarding process was great, we paid everything on time on the first Co-Op and even paid a fraction of the leftover loan in a lump-sum payment, 2 months earlier. A scrupulous person is full of scruples, watch your salesperson and the way disingenuous sales reps serve your Co-Op on KF, they're not all meticulous but it did feel that way. READ YOUR CONTRACTS BEFORE SIGNING and please beware the original Kickfurther model is really good for businesses but not this, remember a court will never enforce a contract promoting something already against state or federal law, if you feel harassed by these contracts go somewhere else. We have way better options than this and were hoping to do business with KF for a long-time but we cannot support this predatory pricing.

This company basically allows scammers to take your money and then does nothing about it. AVOID at all costs. Update based on the reply from Kickfurther: You've been ignoring my concerns, and the concerns of a lot of other investors who invested good money in the scams on your platform for years. I still have multiple projects for which I haven't seen a single penny of my money back. It's a special kind of rich to reply to this review to tell me you'll hear my concerns.

I recently had the opportunity to use Kickfurther to fund inventory for my small business, and I couldn't be happier with the experience. The platform is user-friendly and the process of listing and funding my offer was straightforward. Our Sales Rep was amazing at working with us throughout the process. I also found the community on Kickfurther to be helpful and supportive. There are forums and resources available for users to ask questions and get advice from other business owners and experts. Overall, I would highly recommend Kickfurther to anyone looking for alternative financing options for their business. It was a great experience for me and I will definitely consider using the platform again in the future.

I would say to companies seeking investment that there are better asset-backed lenders out there, and you should consider more established and mature players. The process to get funded is unnecessarily complex, and if you raise questions about whether their business model is legal or why certain steps are necessary, they get offended. In my case, they called the President of my company to say that I was mean and they didn't want to work with me. I do have questions about whether taking investments from individuals without verifying that they are accredited investors complies with SEC regulations. Raising this question is completely legitimate, and I would say that it is immature and childish for Kickfurther to respond by saying that they don't want to work with me because I am mean. As another example, they require that you complete a quiz before they will send you your money. But fortunately, they tell you the answers afterwards, so if you write them down, you can pass it the second time. Definitely the first time I've been required to pass a quiz before engaging in a business relationship. The website is quite buggy, and at one point I was unable to complete several of the many steps they require before funding. You will also be required to submit monthly updates or risk unspecified penalties. The interest rates are rather high, and they also require personal guarantees from the founder, although to be fair most bank loan facilities do as well. They require a large annual subscription fee that adds to the interest rate, making the overall financing rather expensive. I don't think this loan (although it apparently isn't a loan they say) can be prepaid, which is another negative. I hope this is useful for companies. I understand you might need a loan, but the amount they give you, and the cumbersome, expensive, sometimes insulting and overly complex process will make me look elsewhere. There are after all a lot of lenders. Bluevine was quite professional and straightforward, and they compare favorably. I wish Kickfurther luck with their model. They should start by explaining the legal basis for the financing.

We met Kickfurther representatives at the Expo East Gourmet Food Show about a month ago. We manufacture and sell high end sea salt with a variety of blends and infusions. We were able to receive funding at very reasonable terms for much needed inventory purchases for the holiday season. There consignment formula is a great way to grow your business compared to traditional bank and finance companies. The process goes very smoothly with a Kickfurther representative that helps to at each step. We are looking forward to working with Kickfurther on many more co-ops.

KickFurther is a fantastic platform for businesses of all sizes to keep a steady flow of inventory in order to grow and avoid out of stock issues. Highly recommend!