i signed my documents 9 days ago and was told it would be 1 to 3 days for deposit 9 days later i still have no deposit and cant apply with another company every time i contact them they say 1 to 3 days wile they play games with peoples lives im fixing to be completly out of business this company is the worst mistake i could have made rite now
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You all should see the horrible reviews other BlueAcorn customers have left! Sounds like this is happening to everyone. Is anyone getting their funds?!? https://www.trustpilot.com/review/blueacorn.co
I don't know if its Biz2Credit or my funding specialist who is the real problem. I've had no luck with this company securing a 1st or 2nd draw loan. I withdrew my first application because it just sat there for over 30 days with no action & no movement; they claimed I had an E-Tran number which I never saw on my portal nor on "c-web", withdrew the application and processed with another lender who's ready to fund me and now it seems Biz2Credit never cancelled my first application with the SBA.
Like an Idiot I gave them the benefit of a doubt, thinking maybe, just maybe, our application got lost/ stuck in their system and applied again with another company I own and got the same funding specialist. This go-round the process was moving very smoothly; I even got an E-Tran number I could see, at least on Biz2Credit's side (still nothing on c-web).
I've submitted paperwork I've never had to submit before and I know other business owners who applied didn't have to submit. I've been waiting for 5 days now for a simple acknowledgement/ answer they claim Ii was supposed to get within 48hrs.
To date my portal still shows "Information Needed" for two weeks now... SMDH
They need to be careful as discussions of class-action lawsuits are beginning to occur...
I dont think everyone is required to have a business account BUT if you use an online company look at the reviews. Biz2Credit is not accepting new applications anyhow and you wouldn't want to use them. Find a lender that does PPP loans in this List and read the recent reviews before applying. The list shows you the highest rated companies on trust pilot. Biz is # 179th. You want someone in the top 40. Hope this helps https://www.trustpilot.com/categories/non_bank_finance
https://americanlendingcenter.com/
(562) 449-0139
No. I do not have payroll. I am an S Corp, no schedule C, no payroll and no salary. I use my profit as my salary. I took gross sales and divided it by 12 x 2.5 for my PPP loan amount. I was approved by a few lenders and chose American Lending as I was able to call them and speak to someone. Every other lender I was dealing with was like black hole. I saw something about ALC on Reddit about 3 weeks ago and applied and the next day Ed contacted me. Call them yourself. Ask for Ed Hart. You can tell him Patricia C recommended him. I do not know him or work for him. He helped save my business - end of story. If you need additional help just let me know. When you apply they ask for a referral code. Ed's code is 8824. This will direct your application to him. Good luck.