Premium Merchant Funding provides a broad array solutions for small businesses, including merchant cash advances, business loans, credit repair and more...
Premium Merchant Funding (pmfus.com) has 64 customer reviews on Five Star Index, with an average rating of 2.5 out of 5.
Is this your business?
Correct your details and reply to customers in public. Both are free.
Claim this listing
Investments & Wealth · NEW YORK, New York
Excellent
Investments & Wealth · New York, New York
Excellent
Investments & Wealth · Manhasset, New York
Excellent
Investments & Wealth · Greatneck, New York
Excellent
Showing 39 reviews with 1 star · Clear filters
Mitch
These guys are bait and switch artists. They sent me 2 contracts both were wrong and everytime I pointed it out they told me they would call me right back. They also told me numerous times we would be funded and then they pulled it at the last minute sending me more bogus contracts and asking me to sign blindly. They are predatory lenders at best. Also no consideration to even return a call. Just scammers
THOMAS G.
Do not engage with this company. Everything they do is a facade hiding the fact that it's 100% a scam.
Response from Premium Merchant FundingMay 6, 2025
We’re genuinely sorry to read this and want to make it clear that we take these kinds of allegations very seriously. We understand that in this industry, trust is everything — and we work hard every day to operate with full transparency, compliance, and integrity. That said, if you had a negative experience or feel something was misrepresented, we’d like the chance to understand what happened and make it right. Please feel free to reach out directly to [email protected] with any details you’re comfortable sharing. We’re committed to accountability and always open to constructive feedback. — PMF Compliance Team
Tran Chanh T.
Be careful with companies like this. When you apply for an SBA loan, they will first require you to take out small MCA loans from them and provide pre-approval letters. Then, they will put your business in a critical situation, make you look like a fool, and disappear—leaving you with nothing but high-interest debt. I worked with them for over three months to apply for an SBA loan, and now my application has been denied. I’m struggling with high-interest loans, and they have vanished—no calls, no messages. I’m writing this review to warn everyone: stay away from these people to avoid ending up in the same situation as me.
Response from Premium Merchant FundingMay 2, 2025
We’re very sorry to hear about your experience and truly regret that we fell short of your expectations. At PMF, we pride ourselves on transparency, responsiveness, and follow-through. What you’ve described does not reflect the standard we set for our team or the quality of service we strive to deliver. We take your feedback seriously and would appreciate the opportunity to investigate what happened. Please reach out to us directly at [email protected] so we can look into this further and make things right. Even if you’ve chosen to go another direction, we’d still like to learn from this and improve for future clients. Thank you again for bringing this to our attention.
steve H.
Joe Melman is a con artist. Stay away if you value your money.
Response from Premium Merchant FundingMay 6, 2025
We take this type of feedback seriously and are sorry to hear you feel this way. Accusations like this are concerning and not reflective of the standards we hold our team to. If you had a negative experience with anyone at our company, including Joe, we’d like to understand what happened and address it appropriately. Please reach out to us directly at [email protected] so we can review the situation and take any necessary action. We are committed to transparency, professionalism, and doing right by our clients. — PMF Compliance Team
Jainess R.
Shady business tactics and aggressive, pushy teen salesmen claiming to be 30 don't stop harassing the businesses on their lead sheet.
Ryan H.
Was told we were approved for a term loan that can fix our high debt payments we are in but will only give it to me if i accept a scam MCA. Caught me totally off guard the guy seemed like a good person then does that. They just want to make money they could care less about the health of your business they will watch it burn to the ground if it means they can get paid. That's what happens when you're a loan broker its essentially working for the devil you give struggling business owners scam MCA loans to go into more debt that just make their financial situation worse to ruin lives and businesses.
Charles
Their agent called me. I could have used the funding so I was receptive and I gave him ALL of the financial paperwork that I was asked to give. Then he said I was approved for a $500,000 10yr term loan at an 11.5% rate. Then a day or two later he said he was able to get me approved for a $600,000 term loan. I was excited and spent many hours over the weekend planning on how to use those funds. Then he ghosted me. And when I finally caught up with him days after his last positive communication he said the funding was not available. It really sounds like they just have a lot of cold-callers who do not know what they are doing. They will make promises that they can not deliver on. I would avoid them.
Tyrell D.
Got a call from this company today and was suspicious immediately asking for my social security number over the phone asking for my birthday offering funding for a business that hasn't even made any money yet asking for my ein super suspect.