Gary B.
Beware - you MAY NOT get interest for upto 30 days or More.
Beware - you may not get anything (interest or distribution - Zero) on your funds for possibly up to 30 days or MORE from the time you/they transfer the funds from your account. Then they will be elusive about it. Here is my experience: 3/13 After about a week they still showed my funds as "Processing". When I asked the excuse was "..well it takes time... the ACH will be submitted this week(after my funds had already been withdrawn)...". I sent copies of my bank statement showing where they had already pulled the funds from my account on 3/6. Then on 3/16 they made it a BIG Deal - Nic said they would mark the funds received from the date they were taken from my account. 3/19 Hi Tom. online still says "pending in progress". I'm not worried because the 1% interest started March 6th as you texted, correct? Notice in his reply how he doesn't just say "yes". 3/19 The investment start date is March 6th. (To me this implies I will get the 1% starting March 6th.) An email from our 3rd Party admin should have just gone out confirming receipt of funds and the start date as well. 4/13 I check online and it says "Fully Funded" BUT the effective date is 4/1. So I text "Tom, am I getting any interest for March 6th through Marck 31st? 4/13 Your funds were used with a purchase on 4/1. Your first distribution will be the first week of May for the whole month of April. There was no interest accrued in the month of March. I asked where it states that. He replied "It is disclosed that SIGICF has 30 days to place the funds after it is received. I think I could have wrote a more positive review IF they had just been more transparent from the first instead of elusive.