Anyone hear of Fora Financial?

[One7]

Got a pre approval letter from a company called Fora Financial for a business loan card. They said I was pre approved for $85,000!! Most likely a shark company but I was just curious if anyone has heard of them. Don't see any kind of reviews any where online. Thanks in advance.

[MT936]

Nope

[RushXTC]

From what I read, They do "High Risk Loans" which usually means high APR.... I'd keep looking if you were out for a loan.

[Anonymous]

http://www.bbb.org/new-york-city/business-reviews/financial-services/fora-financial-llc-in-new-york-...

[One7]

Don't need a loan, just wanted to start a thread just in case anyone got the same letter I did. I finally found some things about the company after doing some research and 90% was negative. So don't do it people!!!  

[sccredit]

Their site say "merchant cash advane"  'nuff said

[Anonymous]

Thanks for the research and insight!

[Anonymous]

Fora Financial is a standard Shark-lender company. The will lie and missrepresent just to get you to work with them.

They told me that Fora will do a Soft pull on my credit reoprt. Instead they did hard pull- which stays for 2 years and lowers your Fico score. Lower score means higher interest rate and not as good terms which directly translates into higher fees, more interest payed and more revenues lost. They are predatory liers. 

They played dumb and gave me a run-around to no avail- when confronted. Real bustards- with no conscience. Just cold blodded liers looking for selfish advancement - on the back of others.

And their rates?  Straight from hell: 60-80% per year. Are you kidding me? They should not have any self-respecing clients. 

DO NOT DO BUSINESS WITH THEM- IF YOU HAVE RESPECT FOR YOUR CREDIT, YOUR BUSINESS AND YOURSELF.

You have been worned!

Best Wishes, AN

[Anonymous]

Fora Financial is a standard Shark-lender company. The will lie and missrepresent just to get you to work with them.

They told me that Fora will do a Soft pull on my credit reoprt. Instead they did hard pull- which stays for 2 years and lowers your Fico score. Lower score means higher interest rate and not as good terms which directly translates into higher fees, more interest payed and more revenues lost. They are predatory liers. 

They played dumb and gave me a run-around to no avail- when confronted. Real bustards- with no conscience. Just cold blodded liers looking for selfish advancement - on the back of others.

And their rates?  Straight from hell: 60-80% per year. Are you kidding me? They should not have any self-respecing clients. 

DO NOT DO BUSINESS WITH THEM- IF YOU HAVE RESPECT FOR YOUR CREDIT, YOUR BUSINESS AND YOURSELF.

You have been worned!

Best Wishes, AN

[Anonymous]

Can we assume from your post that you are not fond of this company?