"INVESTIGATION OF COMPLAINTS" concerning "FUNDING RESOURCE NETWORK".
There has been some internet chatter recently about "COMPLAINTS" pertaining to "FUNDING RESOURCE NETWORK" After extensive investigation there has indeed been complaints about this company. The results of our investigation is as follows.
Based on BBB files, this business has a BBB Rating of A- on a scale from A+ to F.
Factors that lowered this business' rating include:
•6 complaints filed against business
Factors that raised this business' rating include:
•Length of time business has been operating.
Name: Funding Resource Network
Business Contact and Profile
Phone: (702) 436-5656
+ 3 Administratively Closed
3 - BBB determined that despite the company's reasonable effort to address complaint issues, the consumer remained dissatisfied.
+ 3 Resolved
1 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
2 - Company addressed the complaint issues. The consumer failed to acknowledge acceptance to BBB.
Government Actions
BBB has no information regarding government actions at this time.
When deciding to do business with a grant company, you may want to read some of these useful tips the BBB has outlined:

Fax: (702) 435-7793
Address: 4060 E. Patrick Ln.
Las Vegas, NV 89120
Original Business Start Date: April 2002
Local Start Date: June 2010
Principal: Mr. Gregg Thompson, President
Customer Contact: Mr. Gregg Thompson, President - (702) 436-5656
Incorporated: April 2002, NV
Type of Business: Business Consultants
Customer Complaint History
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB processed a total of 6 complaints about this company in the last 36 months, our standard reporting period. Of the total of 6 complaints closed in 36 months, 5 were closed in the last year.
These complaints concerned :
+ 1 regarding Customer Service Issues
1 - None of the Above - Customer Service Complaint Issue
+ 1 regarding Delivery Issues
1 - None of the Above - Delivery Complaint Issue
+ 4 regarding Refund or Exchange Issues
4 - None of the Above - Refund or Exchange Complaint Issue
These complaints were closed as:
+ 3 Administratively Closed
3 - BBB determined that despite the company's reasonable effort to address complaint issues, the consumer remained dissatisfied.
+ 3 Resolved
1 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
2 - Company addressed the complaint issues. The consumer failed to acknowledge acceptance to BBB.
Government Actions
BBB has no information regarding government actions at this time.
When deciding to do business with a grant company, you may want to read some of these useful tips the BBB has outlined:
Generally, obtaining a grant is a complicated process, requiring documentation and research. The vast majority of grant-making foundations require that applicants for funds meet very specific guidelines that the foundation has established, and that the funds be used for specific projects that the foundation wishes to support.
BBB Reliability Reports are provided solely to assist you in exercising your own best judgment. Information in this BBB Reliability Report is believed reliable, but not guaranteed as to accuracy.
BBB Reliability Reports generally cover a three-year reporting period. BBB Reliability Reports are subject to change at any time.
If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Reliability Report.
ID: 80576
Report as of March 10, 2011 22:10
Copyright© 2011 Better Business Bureau
Customer Service Issues - Claims alleging unsatisfactory customer service, including personnel's failure to provide assistance in a timely manner, failure to address or respond to customer dissatisfaction, unavailability for customer support, and/or inappropriate behavior or attitude exhibited by company staff.
BBB Definition:
Delivery Issues - Claims alleging delayed delivery of ordered merchandise.
BBB Definition:
Refund or Exchange Issues - Claim of alleged failure to honor company policy or verbal commitment to provide refunds, exchanges, or credit for products or services.
BBB Definition:
Administratively Closed - BBB determined that the complaint could not be satisfactorily settled using standard methods of voluntary dispute resolution
BBB Definition:
Administratively Closed - BBB determined that the complaint could not be satisfactorily settled using standard methods of voluntary dispute resolution
BBB Definition:
Resolved - The company resolved the complaint issues.
BBB Definition:
Administratively Closed - BBB determined that the complaint could not be satisfactorily settled using standard methods of voluntary dispute resolution
BBB Definition:
Resolved - The company resolved the complaint issues.
BBB Definition:
Report - A summary of activity reflected in a company's BBB file. Includes basic business background, BBB Accreditation information, and BBB complaint activity over the previous three years. Also reports may include any known government actions, advertising issues or other information that results from activity conducted by BBB.
BBB Definition:
Report - A summary of activity reflected in a company's BBB file. Includes basic business background, BBB Accreditation information, and BBB complaint activity over the previous three years. Also reports may include any known government actions, advertising issues or other information that results from activity conducted by BBB.
BBB Definition:
Report - A summary of activity reflected in a company's BBB file. Includes basic business background, BBB Accreditation information, and BBB complaint activity over the previous three years. Also reports may include any known government actions, advertising issues or other information that results from activity conducted by BBB.
BBB Definition:
Report - A summary of activity reflected in a company's BBB file. Includes basic business background, BBB Accreditation information, and BBB complaint activity over the previous three years. Also reports may include any known government actions, advertising issues or other information that results from activity conducted by BBB.
© 2011 Council of Better Business Bureaus
Loans vs Grants:
Highlighting the differences between Grants and Loans
Before you can get a full understanding of what companies like Funding Resource Network do, you must first understand the difference between Grants and Loans. With the recession at an all time high for our generation, it is still a wonder that banks are able to give out loans. Loans can seem like a saving grace at a moment’s first look, but the negative quickly becomes apparent when you need to pay the loan back. Interest rates are high, making loans even less attractive right now. Most loan agencies, often called "loan sharks", will start charging you interest on top of your base payback and what you owed on the last payment if you’re late with your money, continuing to pile up each time you fail to make a full or on-time payment. Then as your debt grows with them, your credit score steadily declines. This in turn makes it harder to obtain the things you need.
The most obvious alternative to loans, are grants. Grants are becoming an increasingly popular method of obtaining business and personal funds. To start with, grants are given by the Awarder, whether it is a government, large corporate or personal donation, to the recipient of the grant without having to pay a cent back. In a lot of ways, grants are "free money". Secondly, grants are non-taxable for the recipient. The money you are given could also be used for different types of investments, giving you opportunities to further your money amount. Often times, people even donate their money to non-profits, earning them a chance to qualify for another grant or tax write offs, not to mention the satisfaction of doing a good deed. It seems clear that in the eyes of the individual, obtaining grants are clearly better than taking out loans. Companies like Funding Resource Network, make this process as simple as possible.
The standards of allocations Funding Resource Network presents their customers involve: Allocations for Not for Profits, Study, Business, Community Growth Grants, Women's Allocations, Educational Allocations, Individual Grants, Minority Grants, and Housing Allocations. Most people start to complain when a process does not move fast enough to fit their fancy.