Re: Processing fee from Legitimate lender
If you are skeptical about the company you should consult a lawyer to understand the legality of the terms and conditions in the loan agreement.
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Re: Processing fee from Legitimate lender
Originally posted by Unregistered View PostSTUPID AF DUDE
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Guest repliedOriginally posted by davisbt58 View PostGetting ready to start franchise business in the Denver area, was put in touch with Intervention Loan Firm in Dubaim they have approved a loan for my business for $400,000 USD. I understand that there is a legalization stamp required to be applied to these documents, Intervention Loan Firm is asking me to pay a processing fee of $500.00 for this to go through, suppose to hit my bank with in 5 business days. There is a statement after the loan agreement that says if monies are not put in account within the 5 business days, the $500.00 processing fee will be refunded in full within 3 business days, need to know if this is legal aaand if this firm is legitimate, they say that they are a world wide lender, just want to be sure before signing document aaand submitting banking information.
Thanks,
Ben Davis
STUPID AF DUDE
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Re: Processing fee from Legitimate lender
Originally posted by davisbt58Getting ready to start franchise business in the Denver area, was put in touch with Intervention Loan Firm in Dubaim they have approved a loan for my business for $400,000 USD. I understand that there is a legalization stamp required to be applied to these documents, Intervention Loan Firm is asking me to pay a processing fee of $500.00 for this to go through, suppose to hit my bank with in 5 business days. There is a statement after the loan agreement that says if monies are not put in account within the 5 business days, the $500.00 processing fee will be refunded in full within 3 business days, need to know if this is legal aaand if this firm is legitimate, they say that they are a world wide lender, just want to be sure before signing document aaand submitting banking information.
Thanks,
Ben Davis
If you can't afford to pay for competent professional guidance, vis-à-vis, then you have no business engaging in this business.
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Re: Processing fee from Legitimate lender
One should shy away from foreign investors IMO.
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Processing fee from Legitimate lender
Getting ready to start franchise business in the Denver area, was put in touch with Intervention Loan Firm in Dubaim they have approved a loan for my business for $400,000 USD. I understand that there is a legalization stamp required to be applied to these documents, Intervention Loan Firm is asking me to pay a processing fee of $500.00 for this to go through, suppose to hit my bank with in 5 business days. There is a statement after the loan agreement that says if monies are not put in account within the 5 business days, the $500.00 processing fee will be refunded in full within 3 business days, need to know if this is legal aaand if this firm is legitimate, they say that they are a world wide lender, just want to be sure before signing document aaand submitting banking information.
Thanks,
Ben DavisTags: None
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