Merchant Lending Network

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Category: Services

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Merchant Lending Network Reviews

Goldet July 7, 2011
Stay away from this one
I have to say that at the beginning of all this, I was real happy with what I heard about this business opportunity. I did like the people I talked to and it did sound legitimate, until about 3 weeks ago when all the phone numbers I received from Merchant Lending Network were out of service! I tried to call the key person who I purchased leads from, but she will not return my calls now for about three weeks. I have invested around $5000.00 with is company and I am starting to feel that I got ripped off! If anyone out there has a solution or way I can get back my money...please let me know by responding to this complaint with your comments!
Rugine June 10, 2011
All that they want is a quick $495 and a monthly maintenance fee
I recently spent about 45 min. on the phone with 4 different people from Merchants Lending Network about joining their team. The company claims to provide cash advances to merchants on their future credit card sales. Red Flag #1 When they said, 'The cost to set me up was normally $995, but Visa and Master Card would cover $500 of the cost. My cost for set-up would only be $495.' I think this is very unlikely. Red Flag #2 When I transfered though 4 different Rep's to get my questions answered. The first 3 could not or would not answer my questions on details about the service that they provide, instead kept telling me how I would be helping local Merchants and get rich by helping others. Red Flag #3 After getting my questions answered by the forth person that I talked to I was transfed back down. At this point I verified the name and contact number of the inital rep. that I talked to. I told him that I needed to verify some information and cruch some numbers to see if this would be marketable. At this point when I would not hand over my CreditCard number and sign-up, the Rep started to cuss me out. He also stated the the forth person was the company CEO. In my opinion this company is a Rip-Off. All that they want is a quick $495 and a monthly maintenance fee. If they were legit they would not object to someone verifing what they say.
Urban June 3, 2011
Scam
Please do not deal with these companies. All they want is take your money. There are several ripoff reports abut them already. Here's how their scam works: 1. You will get a call from a Merchant Lending Network Sales rep. 2. They will offer you a 'home business opportunity' to become a merchant cash advance sales rep. 3. They will charge you $495 for that. 4. They will charge you $19.95 monthly to run a website they provide for you. 5. This was just a start. The real ripoff happens once you signed up with them. You will get another sales call from people like John Dominick, Jesse Michaels, Casey Adams etc. They will offer to run a phone or fax marketing campaign for you. Supposedly this is being done by Zenith Solutions or Ace Promotions. Depending on their offer they will charge you several thousand dollar for that upfront. After you paid they won't do anything. You get no proof about the campaign they promised. You won't see any of those leads etc. Please don't fall for these scam artists. 7. Sometimes they even try to get a bank draft from you rather than accepting credit card payment, because you then can't cancel the purchase once they stole the money from you. 6. Here's a red flag for you. Go to BBB.org (Better Business Bureau). Look for Merchant Lending Network or Merchant Processing Network. They are not listed. How come they are not listed if they claim to be the bigest player in the field of merchant cash advances. If they write a rebuttal, please ignore it. Do your homework first. These people are plain evil. Don't give them your hard earned money.
Cussed Out June 2, 2011
Rip off
I recently spent about 45 min. on the phone with 4 different people from Merchants Lending Network about joining their team. The company claims to provide cash advances to merchants on their future credit card sales. Red Flag #1 When they said, 'The cost to set me up was normally $995, but Visa and Master Card would cover $500 of the cost. My cost for set-up would only be $495.' I think this is very unlikely. Red Flag #2 When I transfered though 4 different Rep's to get my questions answered. The first 3 could not or would not answer my questions on details about the service that they provide, instead kept telling me how I would be helping local Merchants and get rich by helping others. Red Flag #3 After getting my questions answered by the forth person that I talked to I was transfed back down. At this point I verified the name and contact number of the inital rep. that I talked to. I told him that I needed to verify some information and cruch some numbers to see if this would be marketable. At this point when I would not hand over my CreditCard number and sign-up, the Rep started to cuss me out. He also stated the the forth person was the company CEO. In my opinion this company is a Rip-Off. All that they want is a quick $495 and a monthly maintainance fee. If they were legit they would not object to someone verifing what they say.
Mad as H April 26, 2011
Scam
I have to say that at the beginning of all this, I was real happy with what I heard about this business opportunity. I did like the people I talked to and it did sound legitimate, until about 3 weeks ago when all the phone numbers I received from Merchant Lending Network were out of service! I tried to call the key person who I purchased leads from, but she will not return my calls now for about three weeks. I have invested around $5000.00 with is company and I am starting to feel that I got ripped off! If anyone out there has a solution or way I can get back my money...please let me know by responding to this complaint with your comments!

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