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Currency Reviews

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About Currency

Currency is the global leader in online business financing. With over a decade of experience in large equipment lending, Currency has now expanded its product line to supply any type of business with the funding they need to grow.

Visit www.gocurrency.com

Currency Reviews

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    Page 4 Reviews 230 - 380
    Verified purchase
    Customer ServiceContract & TermsStaff

    Reviewed Jan. 20, 2018

    Currency Capital was listed as one of the finance companies when I went to finance my commercial vehicle. They helped me with equipment financing. We got a major contract signed to Ohio Turnpike and the financing allowed me not to spend that money for the equipment so I can keep it in my account and I hired three different people to drive. The financing took the stress and worry out. It would have been tough if we haven't gotten it.

    I worked with Amir and he was excellent. He returned my calls, packaged everything and answered every question for me. He was very polite, informational and he knew his job. He was a people-person and when I had a problemhe jumped right on it. Because I’m so busy I like the fact that I could send him an email and he would respond in a timely manner. I recently sent an email out because we wanted to buy two more trucks and we were hoping that Currency Capital will consider financing those.

    Currency Capital was great and I appreciated them. They helped me out and I’m really grateful. I would tell others to give Currency Capital a consideration when financing any type of equipment or to help out with any growth for their business. And I will recommend Amir to them because he was giving me calls based on my hours and not on his hours as Currency Capital is on the West Coast and I’m on East Coast.

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    Customer ServiceCoverageStaff

    Reviewed Jan. 18, 2018

    I've seen a truck that I wanted on eBay and Currency Capital was the company that did the financing through eBay. I got an Equipment loan from Currency Capital. I’ve got a lot of work so I needed the equipment to start making more money and cover my spots. Without the loan I would have still been struggling a little bit because I would have to save the whole amount up. It would take me about a year to save it up.

    I had a good relationship with their manager. I called the other day and they had a problem when I bought the truck with the title. My payment was due like the following month and I couldn’t title the truck. So they work with me on that and put some payment to this month. I appreciate that because technically it wasn’t my fault. It was title error. So they work with me from the get-go on the first payment. I’ve tried to explain to her that I had to pay insurance on a truck that I couldn’t title. And the truck just sat there for a month that I couldn’t title. She understood that and she was patient with me. She pushed my first payment to this month.

    So far everything is going good and I’m liking it.

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    Customer ServiceContract & TermsSales & MarketingPricePunctuality & SpeedStaff

    Reviewed Jan. 14, 2018

    Currency Capital are loan sharks. Two words: Bait and Switch. They fooled me into taking a loan with them a very high interest rate to buy a work truck on eBay because they were the only lender that could come up with the money on time (they paid late). It was extremely stressful experience working with them. My first conversation with them was just an inquiry: "Can I afford this work truck?" By the end of the conversation I had stupidly signed a lease agreement while still on the phone with them without understanding the document. I was told I needed to sign the document to see what payments would be and that if I didn't buy the truck the document would dissolve. Their reps told me so many inaccurate statements about details of the contract I lost count and now I don't trust anything currency tells me.

    Financial institutions are not bound by statements their employees make! Especially when they slyly avoid telling you anything in writing. Especially when the employee is new and constantly making mistakes and botching the loan process. They told me what monthly payments would be and then after I put a down payment on the vehicle, Currency changed the numbers: $145/mo payment went to $185/month. They added sales tax that was way higher than the tax rate where the truck is being bought. They never mention their $600 processing fee till the last minute, which wasn't in the initial contract and seems to pay for sales tax AGAIN. They changed the numbers with an addendum. They insisted I had to pay New Jersey sales tax as an out-of-state buyer which is not true.

    I did some research and triple-checked with them again and THEN they told me it was North Carolina sales tax. North Carolina doesn't have a sales tax. We have a 3 percent highway vehicle use tax. But their reps in California don't know those details and just says "um yea, that's just what the state charges us," (I would love to see that receipt). They roll these "taxes" into the loan amount, increasing monthly payments, and then hit you with processing fees to pay for tags and title, I.e. taxes (and some other expenses) again. They can't explain the details of tax amounts and processing fees. You just have to trust them. The titling and tag fees are much higher than what my local DMV would charge. I had already paid $2000 down payment on the vehicle before they told me what the numbers would actually be.

    I felt trapped. Forced to move forward with them because the payment for vehicle was due in full very soon, and I couldn't find a loan elsewhere on short notice, and I didn't want to lose my down payment. Their interest rate on $7000 loan has me paying them back $3500 in interest. If they had just been upfront and transparent through the process I could have accurately budgeted the costs involved with this purchase (and perhaps would have decided to wait till I could actually afford it), but instead it felt like they hid the costs and then presented them to me once I didn't have a choice to back out. As a result it felt like I was being hit with lots of questionable up-front costs beyond my budget.

    I will definitely be seeking a loan elsewhere to escape from this trap I've fallen into. It feels like I made a deal with the devil. I imagine their board meetings full of vampire shapeshifters laughing at how rich they are from their naive victims. I would caution anyone from working with them. I only trusted them because they are partners with eBay, but eBay has no recourse for complaints with Currency. I just hope that if enough people are having a similar experience to mine working with Currency that they will change their business practices or that eBay will stop working with them as a financing partner.

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    Staff

    Reviewed Jan. 14, 2018

    I was looking for a business loan and took a $15,000 one from Currency Capital. However, I had a discrepancy with them since they're a third party. I went to them because of the loan and they sent me somebody else. In addition, the numbers the rep gave me weren't right. The payment was supposed to be $560 a month, but he tried to turn it up to $600 a month. He said it was some kind of fee he had to charge. Moreover, he took money out of my bank account twice without permission. Right now, I have to close my bank account and open a new one to stop them from taking money out. They lied to me and have taken more money out of my account than they were supposed to take. If I had to do it again, I wouldn't do business with them. I've been stuck with that one person. If I can trade that trail back in and give it back, I'd do it right now.

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    Verified purchase

    Reviewed Jan. 8, 2018

    We got a machinery and equipment loan from Currency Capital. It helped us grow and provided us with the equipment that we needed to expand our business. When we were applying for the loan, we provided them with the information they needed. They calculated everything and we were able to get everything that we needed with relative ease. They handled all the business end of the transaction which was convenient for us. Although the way it was done was a little different than what we’re used to and a little confusing because we had never done it before, everything went smoothly.

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    Installation & SetupStaff

    Reviewed Dec. 26, 2017

    I have a loan with Currency Capital which helped me purchase a trailer that is a big part of my business. I have learned about them through the Big Tex where I purchased my trailer from. The whole experience with the relationship manager was great. Their team members were nice, very professional, and didn't stress me. Also, the process was easy and the format of the whole setup was good. I've already referred Currency Capital to somebody.

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    StaffProcess

    Reviewed Dec. 25, 2017

    I started working with Currency Capital three months ago and I received an eight-month term loan from them for my business. The person I spoke to, Joshua, was unbelievable. He went above and beyond. He’s the first person that reached out to me and made this whole process very easy. I was very happy with his service and the way he handled the whole situation. I got the money in my bank really fast and every day they take $105 from my bank account. I applied to a few other financing firms before and there were things that I didn’t like about them. Their process was too complicated and I just gave up.

    The loan I obtained from Currency Capital gave me a jumpstart to buy some products that I couldn’t because I was a little tight on my budget. There was no room for me to spend money on products, a home care and all kinds of things that I need for my business to be proactive for my season because South Florida works on seasons. It was a good loan for me and it helped me a lot. I would highly recommend them.

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    PricePunctuality & SpeedStaff

    Reviewed Dec. 24, 2017

    It was easy to do business with Currency Capital. It was quick and that was what I was looking for. My company doesn't have a lot of credit and Currency Capital was one of the only ones also that would give the company the credit even though the interest rate is extremely high. I got an equipment loan for a trailer. It helped me get an additional equipment in the fleet. We are a trucking company and we make our money by moving loads so I needed to put another trailer on the road. The experience with Currency Capital and the person I worked with have been good so far. The gentleman I dealt with was Cedric and he was responsive and very knowledgeable. I would recommend them if others are having issues getting credit elsewhere. The only problem is it's got the high-interest rate so you got to be careful.

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    Verified purchase
    Staff

    Reviewed Dec. 23, 2017

    I found Currency Capital on the website where I was looking at the piece of equipment I wanted to buy. One of my tractors broke down and I needed to replace it, so I took an equipment loan. I could have done it with somebody else but the outfit I was working with was a little bit slower than I needed. Currency Capital's rep answered all my questions and everything went smoothly. I've been with them for about 3 months and I'm only two payments in, but I like to keep track of what's going on and I'm going to contact them shortly because I'm not thrilled about not getting a monthly statement. Still, the service is great so far.

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    Staff

    Reviewed Dec. 22, 2017

    I received an equipment loan from Currency Capital and got a trailer. I've started working with them about 3 months ago and they helped a lot on my business. I also have good interactions with their courteous relationship manager. Everything was perfect and Currency Capital is a good company.

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    Customer ServicePunctuality & SpeedStaffProcess

    Reviewed Dec. 21, 2017

    I was shopping around for a truck and got a link to Currency Capital's website off of TruckPaper. I filled up the information and they called the next day. It was convenient, instead of going around different banks. I got to talk to a couple of people in the process and everybody was helpful and good, but because of the different branches, some of the people did not know what the procedure was for a different process, which led to confusion. For instance, the loan officer was a lady who was working on my loan. She was my main guide on what to expect and what to do, but she did not know about the registration and title transfer, so I had to talk with someone else. We got a bit of a misunderstanding about it, but it was resolved .

    I recommend them for other people who are looking for a truck. I was satisfied with their process, which was mostly simple and fast. There were a couple of phone calls and a couple of paperwork done online. However, the finance rate was not clear until I signed and it came out to be almost 12%, a little bit higher than the 9% promised in the beginning. Plus, the first couple of withdrawals were from Currency Capital, but yesterday a different company came up. The amount was the same as what the monthly payment was, so I'm assuming it's Currency Capital, but the bank information was different and I need to clear that up.

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    StaffProcess

    Reviewed Dec. 20, 2017

    I got the equipment I needed with the two loans I received from Currency Capital and without these loans, I wouldn’t be as diverse. I also had a great experience with their manager. He helped me all the way through the process and he was really good. I would come back if everything pans out and if my friends say they need an equipment or a business loan, I would mention how efficient and good the service was from Currency Capital.

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    Customer ServiceStaffProcess

    Reviewed Dec. 19, 2017

    I'd been looking for an 18-wheeler truck and see if I could get it financed. As soon as I clicked on Currency Capital, I filed the application and I was contacted within three or four hours. The rep was cool, calm and collected. He was easy to talk to and with everything going, he told me to stay with him, not give up and that it was going to work until we got the financing loan for my equipment. The process took two weeks because we ran into an issue where one equipment had hot mileage. So, I had to go back and find another piece of equipment with lower mileage.

    The loan helped me manage my money a lot because I didn’t have to come out of my pocket too much. Although, I didn’t like that Currency didn’t tell me about the fees I had to pay that they took from my account. It caught me off-guard and I went spending it. I had to call and check the money down there. But Currency Capital is reasonable and they are going to help you get what you need so I highly recommend them.

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    Verified purchase
    Customer ServiceStaff

    Reviewed Dec. 18, 2017

    I bought a piece of equipment through Aerial Titans and they said they use Currency Capital for financing. The process took about a week. It was neat that I didn't have to go through a bank and everything was done online. The rep I talked to was nice. However, I didn't like online documents and would rather have paperwork sent to me through the mail. But they finally sent me some via email and I've got it. I'd tell others to use them.

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    Customer ServiceStaff

    Reviewed Dec. 17, 2017

    I had three trucks, I was doubling my business and I went through business loans with Currency Capital. I called them and got the cash loan even if it was unplanned and I had to file immediately. They’re professional, they treat me excellently and they listen to my point of view. If I see that I can't pay on a daily basis, I call to tell them about it and they say it’s not a problem. Then at the end of the week, I pay what I have to. For me, it's better to build up what I have at the end of the week and not pay per day, like if I have my transfer of paycheck once a week. But I'm very happy to work with them and I'm looking forward to working with them again in the future. I’ve also explained about them to some people.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed Dec. 16, 2017

    I had a good experience with Currency Capital. Their rep called me and said he would be able to help me out with what I needed help with. I wanted to purchase a trailer and they were quick in getting my loan through. The rep always called or emailed me quickly for anything I needed and I was very happy with everything that he did for me. With the loan, we're going to be able to bring in more income. Currency Capital is true to their word that they will give you what you need and try to help you out the best that they can.

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    Contract & TermsPunctuality & SpeedStaffProcess

    Reviewed Dec. 15, 2017

    Currency Capital helped me in a tremendous way and allowed me to stay on my feet. It wasn't a hard process and the gentleman I worked with was very helpful, courteous and kept me in the loop. He let me know what was going on, how quickly it can be done and what we needed to get it done. There are a lot of bad reviews on them, but each reviewer is their own and they have their own reasoning. I found that those tend to be more of zero financing or they were not able to pay their part of the agreement. I would recommend Currency Capital to any small business that’s trying to make it and has the clout to back up what they’re trying to do. I've already told a friend that if he was interested in progressing in his business and if he needed to finance a piece of equipment, Currency Capital is the place to go.

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    Staff

    Reviewed Dec. 14, 2017

    We didn’t have to push out more money than expected because of the material loan that we got from Currency Capital. It's been about two months since we've used Currency Capital, and they were great. They were very helpful and answered my questions. I’ll recommend it.

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    Punctuality & SpeedStaff

    Reviewed Dec. 12, 2017

    My brother got connected with Currency Capital and we got an equipment loan from them for another piece of equipment we needed. It became really useful and we are doing more business after we got the loan. Things will start to pick up and there will be more production with the equipment once springtime comes. Everyone at Currency Capital was really good, helpful and nice. They answered all the questions that we had and they were timely with giving the loan. If I had to do another loan and I want fast customer service, I would seek out Currency Capital first before going to anyone else.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed Dec. 11, 2017

    I got a business loan with Currency Capital and I've used it to have a nice walk-in cooler installed into our convenience store. The relationship manager was really helpful, very informative, and I would recommend him to others. He made sure that communications were open in getting things done between his company and the rest, and also took care of meeting my needs quickly. The loan process took about two weeks. I appreciate the business done with them and hopefully we can work together again in the future.

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    Customer ServiceStaff

    Reviewed Dec. 10, 2017

    My experience with Currency Capital was great and I was able to upgrade my equipment. I received a business loan from them for the company Trusty Trucking Enterprise in August. The relationship manager and I went through a couple of companies and we talked every day until we got it together. Our interaction seems more personal and it was good working with him. Also, I need to talk to him with some more. The only thing I'm curious of is not having an account number or a way of keeping account of the loan when I want to try to pay the loan off a little early or make more payments. Other than that, I was greatly satisfied with my first experience with them and I highly recommend them to friends who need a loan for their business.

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    Customer ServicePriceStaff

    Reviewed Dec. 8, 2017

    The broker that Currency Capital hired gave me the wrong information. He told me that there wouldn't be a pre-paid penalty, that I could pay off the loan anytime and if I did, I only have to pay interest on the time that I used the fund. They also they told me I was getting a line of credit but it ended up not being one at all. It was a $70,000 base loan that they're going to charge me $26,000 for and they'll debit the account every day for $300 and some. So there's no prepayment penalty but I still got to pay the entire interest amount no matter if I paid off in a year or one month. I told them I only needed the money for one month but they did it anyway which was really bad!

    I asked the broker several times about these things so it wasn't just a misunderstanding I was outright lied to. They sent me a 20 some page contract which they asked me to sign and send over to them. After I did that, I got a follow-up phone call telling me that if I paid the loan back on this date I would get a 2% discount. So I was outright lied to by the broker but Currency Capital told me that they have no control over what their broker said. They should be closed because so many looked into these and they're robbing people. They should be honest.

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    Punctuality & SpeedStaffProcess

    Reviewed Nov. 26, 2017

    I got an equipment loan from Currency Capital and I was able to update my equipment and be more efficient. I dealt with Dominic and he was great, very helpful, and easy to get a hold of. And even to this day, I can get a hold of him if I need something. He takes care of me. Overall, the process was very quick and easy and it took about a week and a half to be completed. It’s a very good experience and I’m very satisfied.

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    Customer ServiceStaff

    Reviewed Nov. 20, 2017

    I got an equipment leasing type of loan from Currency Capital and it helped me expand my business a bit and helped me grow. My interactions with the rep were okay at some times. It was okay but it could’ve been better. The communication broke down after I was told that my loan was approved a month ago. I wasn’t able to finish getting the truck together until a couple days ago because it was an old title for the truck. It wasn’t their fault, but the communication with the bank on their behalf trying to get the title was sort of a breakdown.

    It was a pleasant experience but a rough ride as well. You go out and find a vehicle that you want and then you go back and then they will do the process to see if you could get approved for the amount that the vehicles costs. They may tell you, "We can get you a little less or if you can find another truck a little less, it’ll work better." Currency Capital gave me a loan to get my business vehicle but they impacted my life in kind of a negative way right now because I’m paying for a truck that I haven’t even gotten on the road yet. So that held me for three weeks before I was able to get tagged on it and they did yesterday. I paid them one truck payment and haven’t even made a dollar with the truck yet.

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    Staff

    Reviewed Nov. 17, 2017

    I got a commercial loan from Currency Capital and it helped us buy equipment and make our business more successful. The people that I dealt with were very easy to work with. The first guy that I talked to was Daniel and he was very, very nice to us and very professional, and I felt like I was working with somebody on my team. I had an awesome experience with Currency Capital and I would definitely recommend this company to my friends. Everything went perfectly and it was amazing.

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    Customer Service

    Reviewed Nov. 14, 2017

    I got a trailer equipment loan from Currency Capital which was a big deal. It helped me get my first trailer and go on my own business. I want it grown quick and it would've been slower without the loan. Alex was also very good and it went really smooth. I’m glad I did business with Currency Capital and I will call Alex again first when I need something else. I’d even give Alex’s number to others interested.

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    Customer ServicePunctuality & Speed

    Reviewed Nov. 11, 2017

    I needed a rollback truck and Currency Capital could finance it. It was not a good experience. I paid $4000 plus down and they told me I'd be set in a couple of days. However, I didn't get a title and when they finally sent it six weeks later, it was the wrong one. They screwed the title up and I had to go to the title department. They had to print another title and send it to me. I couldn't use the truck for a month. I'm paying $1,800 a month for it but can't make any money with it. The lady from their title place told me that they'll make the title so that I don't have to pay until the following month. Then Currency Capital called me today and told me that they didn't get my payment today. I told them that the lady told me I'm supposed to pay next month since I didn't get the title until three days ago. Now they're investigating and told me my truck might be taken back. They need to get their words all straight.

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    Verified purchase
    Staff

    Reviewed Nov. 9, 2017

    The equipment leasing loan I got from Currency Capital helped me out to get started. I worked with Tyler on the loan and he was good. It was a learning experience for me and a breath of fresh air. I would recommend and use them again.

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    Customer ServicePricePunctuality & SpeedStaff

    Reviewed Nov. 8, 2017

    The salesperson was okay. He was friendly and was really on top of things with me. However, I'm not satisfied with the loan. It doesn't help at all. I'm also not satisfied with Currency. They are not organized. When I write it up, I need to know my loan and my information. Nobody is telling me anything. I also wanted to know a pay-off amount and they said I owe $98,000 when the machine I bought is only $50,000. They didn’t give me anything. I still don't have my information until today. What they charged me for interest and all that, I don’t know either. I called them many times too and they said they were working on it and I didn’t want to argue with them. They said that’s what they saw on their computer.

    And another part is I used to make the payment on Currency, but they withdraw it from another name. I cancelled the check because I didn’t know who that is so they claimed I knew of it because I was late. They changed their name without any letter or anything notifying me that they did. They claimed that they work together according to my papers I signed for Currency. And calling them doesn’t solve the problem. I go back and forth, and I have a day job to work, too.

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    PriceStaff

    Reviewed Nov. 5, 2017

    I had a great experience with Currency Capital. Their rep was a good guy. He answered every question that I had. The loan I got from them helped me get a bulldozer so that I could do waterways on my farm. Without the the loan, it would’ve cost me more money because I would have had to hire somebody to do it. I would use Currency Capital again.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed Oct. 27, 2017

    Horrible, bought a truck on 10-10-17 for my business. 3 weeks and a few day later I have still not received the information needed to register my truck. This is our livelihood and not to mention we have a driver who has not worked for this amount of time. It has cost me approx. $5000.00 a week in lost revenue. If I don't get this resolved quickly my business is going to go under. We have sent emails with no response and now they won't even pick up the phone. They were quick to take the down payment out of my account but now no response to getting my truck up and running. If I don't get this resolved today I will go broke. DO NOT USE THEM!!!

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    Reviewed Oct. 26, 2017

    I got hard money loan from Currency Capital and it has allowed me to step on out and get what I needed to be very productive. Without it, we would still be pulling the ship and I thank God for the opportunity to live another day.

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    Process

    Reviewed Oct. 20, 2017

    I met a dealer in Bedford and he referred me to Currency Capital. I got a loan for a big truck and I want my business to grow. Their process was faster than I thought and it was a great experience.

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    Staff

    Reviewed Oct. 19, 2017

    Currency Capital made my business plans possible by giving me an operating capital. I got a commercial loan from them and that helped me purchase the equipment I needed for my business. Their reps were all professional and everything's fine so far. I'd recommend them to a friend.

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    Staff

    Reviewed Oct. 17, 2017

    We were in desperate need for a truck since we couldn't deliver anything without it. So, we went to Currency Capital and got a loan from them for equipment financing. The rep, Dennis, was awesome, excellent and polite, and he was on things the second that we asked. By and large, everything was easy with Currency Capital and, without the loan from them, our business performance would not have been good.

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    Reviewed Oct. 16, 2017

    We got equipment financing from Currency Capital for our plow. They were responsive, followed up well, and enabled us to get the plow. On the other hand, there was a little bit of back and forth that took longer than what we thought it should have taken.

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    Staff

    Reviewed Oct. 15, 2017

    I wanted to borrow $4,000 to buy a loader and the bank wouldn’t let me have it because the individual who had it couldn’t show proof that he bought it off of eBay in 2005. I went to Currency Capital and told their rep that I was looking for a 450V RA 450 Case Dozer. He said he'll see what he could find. He called me after a couple of days and said he found the dozer for me. But it was in Tennessee even though I told him I didn't want it to be too far because I work 40 hours a week mowing grass and I couldn't afford to travel to go look at the equipment. I asked what shape was the dozer in and he said it was in great shape so I bought it.

    But when the dozer got here, it would start and run but it has no pushing power. It is junk and I'm stuck with the $12,000 loan. It's not 100% their fault though. It was my fault too because I did not go look at the dozer. Their rep sent me pictures of it but nothing to show me it was functional. If the dozer had been running, it would have been paid off the week that I got it because I had a $23,000 bit to do and I was going to turn around as soon as the job was done and pay it off. But it didn’t work that way because they screwed me over. I told them I was not paying for it so they’ve got me in court over that. It would have been no problem getting the $12,000 loan but now they’ve caused my credit to go to crap and 90% of that was their fault. I was very dissatisfied with my experience and I would not recommend them to anybody.

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    Reviewed Oct. 14, 2017

    We got a loan from Currency Capital and our broker was the one that placed the loan. It was a working capital loan that is not secured and we pay it daily. We were able to do all of our Christmas partnership with it. I reached out to their relationship manager to get an amortization schedule and he added it to me in 10 minutes or less. It was a painless experience, it's working and it makes life easy. Life’s good and everything is A-okay.

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    Customer ServiceProcess

    Reviewed Oct. 13, 2017

    I got a commercial loan from Currency Capital which allowed me to buy a truck. But I’m pretty upset with them as there was no communication. All they cared about was getting the loan done. I never knew what was going on unless they wanted money. A couple of weeks ago, they took $500 out of my bank account for something that I knew nothing about. Their staff said it was in my contract. I’ve kept every piece of paper they sent me and all of a sudden, I’ve got something with my name on it. I screwed up at first and they keep sending me e-mails and loan applications. There's no way to discontinue it. They did this through the whole process. I won’t recommend Currency Capital to anybody. They're sharks and they suck. My business would probably have been a lot better without the loan.

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    Installation & SetupPunctuality & SpeedStaffProcess

    Reviewed Oct. 12, 2017

    Currency Capital specializes in equipment purchases and not all other loan institutions do that. They usually try and do a wide range of loans and it makes it complicated because they’re not specifically doing equipment, whereas Currency Capital understands the procedures of what needs to be done and they do it. The whole concept and program is great. It’s quicker and easier than having to go to the bank and borrow on titles once I purchased them and do all the paperwork and accounting.

    Before, I would buy things out of my pocket and then have to take them to the bank and surrender the titles to them. Then I’d be back next week getting the titles back because I had already sold the items since I buy and sell. Trying to schedule my appointment around the banker’s appointment time makes it harder and more time-consuming. But with Currency Capital, I can do it as I find time to do it. Plus, Jake, their relationship manager, is very thorough and follows up well once he gets things completed. And I really appreciate that. The whole experience was really good.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed Oct. 11, 2017

    My experience with Currency Capital has been absolutely horrible nightmare. The most annoying thing is not able to talk to anyone via telephone because they will not answer their phone (your phone number is recorded and goes directly to voicemail via computer). If they do decide to call you back it's always at 6:00 PM with them wanting more information that is impossible to get that late in the afternoon. When I bought my other truck I was in and out in 2 days, it has now been over a month and a half and I am still dealing with this company. And I just found out that the title to the truck has been lost and now I can't get truck's license plates until the truck is been registered.

    I don't know if the people are just incompetent or because they're ripping so many other people off that they know there have been a lot of complaints, I highly recommend not going with this company for a loan. If you are reading this please, I beg you to do your own homework. I wish I would have dug a little deeper. You'll find reviews on other websites of how horribly this company has treated their customers and I beg you to do your own homework and not only look at one review site but look at several and you'll see the thousands and thousands of complaints to this company. I will be filing a complaint with the Texas Better Business. Also with the Texas General Attorney.

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    Staff

    Reviewed Oct. 10, 2017

    My business would have closed without the business loan I received from Currency Capital based on my accounts receivable. They gave me capital and I used it to make payroll and for materials. It would have been great, but I misunderstood and it messed me up. They didn’t know if it would be $95 a day coming out, and the troubles that I had ready to come in came in. Other than that, they were easy to work with. My relationship manager was Heather and she has done well. She’s working with everything so I’m pleased with her and I appreciated Currency Capital working with me.

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    Customer ServiceStaffProcess

    Reviewed Oct. 9, 2017

    I'm leasing equipment and Currency Capital gave me a fresh break so that I can take in more business. Their reps were pleasant and informational. Anytime I called, they tried to answer my questions in a timely manner. They also told me exactly what was going on through the process. It has been a very pleasant experience and without the loan they gave me, my business' performance would be down by 15%.

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    Reviewed Oct. 7, 2017

    I was looking for a way to get a trailer and I got a loan for this from Currency Capital. I was able to get my own trailer, so I don't have to pay somebody else to rent a trailer. The people I worked with at Currency Capital were friendly and helpful. Everything was professional, smooth and easy.

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    Reviewed Oct. 6, 2017

    I looked at a truck online and a link came up for using the financing of Currency Capital. I got a secured loan for the truck from them as I thought it would be easier that way since the truck was far away. The loan let me keep some money in the business, instead of putting the cash out for the truck. Although it got the job done, I would use my own bank if I had to do it again. Currency Capital rushed me along and said it would be faster and easier to get a loan from them, but it wasn't.

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    Punctuality & SpeedStaff

    Reviewed Oct. 4, 2017

    Norwin, our relationship manager, made things easy for me. He was awesome, super friendly, very prompt and did what we needed to do. And, our line of credit from Currency Capital helped us buy additional equipment, including vacuum cleaners.

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    Staff

    Reviewed Oct. 3, 2017

    Our company has been in business for 16 years. We got two loans from Currency Capital, and they processed the first loan and we got it in a couple of weeks. The second loan was for a commercial equipment. But it took over two months for the man we were buying the equipment from to get his money. It was a nightmare. We almost lost the piece of equipment that we were buying and the downpayment we had put down because it just took them so long to get their act together. They couldn't decide what paperwork needs to be done. Also, they just kept telling excuses. They said I need to fill out this and that, or I need to finish my taxes. I submitted my income tax three times. We have excellent credit. We just hadn't borrowed big lumps like that before.

    Our agent assured us he'd have the money but it took him forever to get it. We committed to the deal and got a $100,000 from our local bank and put that down. Still, it took two months to get it after we had committed. I was almost calling daily, and sometimes even more. Soon we started talking with other people at Currency Capital too. We finally got the money but it took so long to get it all done that some of the work we had lined up just didn't come our way. It also made the person that we were purchasing the equipment from very unhappy and delayed him in getting his business together. It was a painful and terrible experience. I would never recommend them.

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    Staff

    Reviewed Sept. 27, 2017

    Currency Capital put me in touch with Vine, which is a partner of ours. They brokered it out. The rep that I dealt with did a good job. I then used the funding I received for an equipment purchase.

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    Customer ServiceContract & TermsSales & Marketing

    Reviewed Sept. 26, 2017

    I entered into a loan agreement with Currency Capital approximately one year ago. The agent I dealt with is Bobby **. I expressed on several occasions that my plan was to pay this loan off at the end of 2017. I contacted them a few weeks ago to get a payoff amount and to pay the loan off and I was told that the loan was actually a lease and I would need to pay the entire lease agreement including all interest charges. When I originally set up this loan, I specifically asked on numerous occasions if I would be responsible for the principal or principal and interest? I specifically asked that when I called back to pay this loan off if I would be allowed to pay off only the principal. I was informed by Bobby that yes I can pay off only the principal at any time. Just like any other loan.

    Apparently this is not true and after speaking with Bobby a couple of weeks ago he informed me that there was a mistake and that he did remember me expressing on several occasions that I would be paying the loan off early and he also remembered telling me that I would be able to pay off on the principal. After several phone calls back-and-forth I spoke with Scott who is apparently Bobby's manager and I am now told that there is no way for me to pay off only the principal.

    This was completely dishonest and Bobby told me that he was excited about getting this deal done because it allowed him to meet a quota. And he would be advanced to a higher position or a bonus structure or something like that, I don't remember entirely what incentive he got for getting this deal to go through. Now that the dust has cleared it is apparent that he scammed me into an agreement that I did not want. Nowhere in the agreement does it say I will be responsible for 100% of the interest charges. Nowhere in the agreement does it say I am unable to pay the loan off early. This is horrible business practice and a complete scam. Stay far away from this company!

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    Customer Service

    Reviewed Sept. 26, 2017

    I've received numerous phone calls regarding a vehicle loan inquiry that was submitted a long time ago (perhaps almost a year ago). After the first or second time I spoke with them, I explained I was not interested at this time but would contact them if I should change my mind. Instead, they kept calling me. Each time I said I wasn't interested and I'd call them. Obviously that means diddly squat with these people. It's borderline harassment. Sometimes several times a week. I don't get it - the other reviews here are overall pretty good. Am I one of the few experiencing this with them or do many other customers get cold called and actually sign up? I dunno, but I'm going to start logging the calls.

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    Customer ServiceStaff

    Reviewed Sept. 26, 2017

    I was looking for an earthwork equipment on a machinery trailer and when I clicked on the button, I ended up applying to lease from Currency Capital. The guy I worked with was very friendly overall. However, they could have been clearer on the way that they handle things. There were some things that were a little confusing because it ended up being a lease instead of an outright loan and they weren't sure on that. Also, there were some confusing factors on deductions upfront out of my bank account for the initial payment. Sometimes they were also a little bit hard to get a hold of on the phone. I had some problems getting them to call me back because they were always on meetings when I really needed to talk to them and I found that really frustrating. But they worked really hard on trying to get everything approved for me. I'd recommend them.

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    Contract & TermsPunctuality & SpeedStaff

    Reviewed Sept. 25, 2017

    We got a Bobcat and a trailer through Currency Capital and because of that, we are able to do more work now. Working with their reps was okay at first, but then it went sour. Initially, we thought we were getting out a loan. I was in banking so I asked for the terms two days before we finalized it. I read through everything word-for-word. And then, on the day they had me sign the contract, they told me it was the same exact contract they had already given me to review. So, I signed it.

    Within minutes, I started reading through it and it was completely different than the one they had me review. They switched it out without letting me know. And apparently, I had signed up for a lease and I didn't want that. But it was too late at that point because I had already signed it. I wanted to cancel out of everything but the guy convinced me to keep it and change some of the terms to what I was semi-acceptable with. Also right after I signed the contract, I checked out ConsumerAffairs.com because I was freaking out that I got burned by Currency Capital. I read a bunch of reviews about them and some were good, while some were bad. I was hoping that I wasn't being scammed.

    I still ended up getting the Bobcat and a trailer, but we're paying double than I originally thought we were going to be paying at the end of it all. We were planning to pay off the whole loan in five months, but because they switched to a lease, I'm now required to make all my payments and even though I wanted it paid off early, it doesn't matter. It's not like a traditional loan where you don't need to worry about the interest if you paid off in full. So, that's not what I wanted, but I had no choice. Currency Capital was able to get the job done but only pulling out the half of my teeth.

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    Customer ServicePricePunctuality & SpeedStaff

    Reviewed Sept. 20, 2017

    It was at a point and click thing at a bid auction where I knew about Currency Capital and I’ve had a couple of dealings with Mike, the manager. The first one was very fast. He quoted me a certain price when we bought another piece of equipment but the interest rate was way more than what they quoted. So, we ended up having to pay cash for the machine because I wasn't going to pay the interest rate that he proposed. I gave him a second chance and he followed through and the interest rate he proposed was what ended up being on the documents so that was good.

    A couple of months later, I got a notice from a company called Pacific Capital which bought the lease but there wasn't any communication about these people. They called me out of the blue wanting to know where my payment was. And I told them I signed the documents and Currency Capital has an auto debit. They're supposed to be taking it out every month. It got straightened out but it was a lot of extra legwork on my behalf that I should not have done if Currency communicated correctly with whoever they sold the note to.

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    Punctuality & SpeedStaff

    Reviewed Sept. 19, 2017

    I'm pleased with Currency Capital. We did lease-to-own deals with them for a windrower and for two different balers. Getting the loan wasn't anything too difficult. Their rep, Conner, was a fabulous guy to work with and I’m happy with him. He was timely, punctual, easy to talk to, and very understanding. Also, I felt that even though we're half a country apart, he went to bat for us. I've told other guys about Conner and about this company. I hope to continue to do more business with Currency Capital in the future.

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    Staff

    Reviewed Sept. 13, 2017

    I received a business loan from Currency Capital. I was able to buy the products that I needed for my shop and I was able to have a working capital so that helped. It was a bit easier with capital and everything seems to be going very smoothly so far. But it would have been a little harder if I did not have the loan so I'm very happy with. Currency Capital's rep was also very helpful, very attentive and had a lot of professionalism. It was a great experience overall.

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    Customer Service

    Reviewed Sept. 3, 2017

    I got a three-year equipment loan from Currency Capital and my experience was efficient. All of my interactions with them were through email and phone calls but there were no problems. The loan has provided the equipment for my business.

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    Customer ServiceStaff

    Reviewed Sept. 1, 2017

    I obtained a loan from Currency Capital for a startup business equipment lease. The reps at Currency Capital are all nice. They were responsive to me when I call them with an issue. The fact that I have a startup company without business history and just needed to get the loan with the equipment, it was surprisingly easy to get the loan. It helped supply me with the necessary equipment that I needed to perform my service.

    There was one incident that I didn’t like very much though. I was told the first payment of my loan was September 1st. I received my equipment in July and they charged me an interim rent which I didn’t know anything about. The interim rent was not mentioned at all. They just deducted it from my account and I didn’t have a chance to talk to them about it or send it in. I had found out about it after the fact and it was $700 so I was a little pissed off about that. I was blindsided with that. But going forward I thought everything about it was good but I won’t be financing my next deal with them because of that. They should have been fair with me. Overall Currency Capital was accessible but you better read the fine print.

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    Customer ServiceContract & TermsStaff

    Reviewed Aug. 30, 2017

    I needed a newer trailer and I got a lease from Currency Capital to purchase it. Dealing with their relationship manager was really good. He was able to explain all the products and made the contract easy to understand for me. I got it all closed and everything went well. However, I had a follow-up question, but I couldn’t get through to them because their phones were messed up. Their computer answering service would say that their voice mail is full every time I called.

    It went on for about a month and finally, I got on the internet and got a hold of their headquarters’ 800 number and called every selection on the recording and I got through to the Accounting Department. The guy who picked up the call couldn't really do anything because he's from the Accounting dept, but they were made aware that there was a problem with their phone system and then they got it fixed now. However, there are probably some people I recommended it to who didn’t get the loan because of that phone system problem.

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    Reviewed Aug. 24, 2017

    I got a small business loan from Currency Capital and I'm happy I got it. It helped me buy some equipment needed for the business and it was a good experience.

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    Staff

    Reviewed Aug. 23, 2017

    I received an equipment financing from Currency Capital. I was leasing a truck before and the loan paid for my first truck. It helped me out pretty good payment wise. Without the loan, my business performance would not be as good. When I first got the loan, I paid $500 on document fees last month for the first month. However, on Friday, they took out some more money out of my account for the old fees and I don't understand what's going on with that. I spoke with somebody about it and I'm still trying to figure out what was going on with this money. Other than that, everything else was good and they were excellent.

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    Punctuality & Speed

    Reviewed Aug. 19, 2017

    I took out equipment financing from Currency Capital and we were able to use it for expansion into some other aspects of the industry. Without the loan, my business would not have improved. The funding was fast and we were able to go into several unique situations like auctions. We also had the credit lines available to fix stuff so that worked out good.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed Aug. 17, 2017

    I am opening another insurance agency, my 3rd, having sold my prior two. I opened the doors a few weeks ago and just got my business banking started but am also transitioning my current revenue from the sole pro to the Corp. The staff at Currency Capital was informed of this as well as provided the date of my Incorp. They asked for me to complete their apps and submit my last 4 bank statements. I DID so. Then they come back a day later and tell me that I must have my business bank acct for 4 mos before they will lend to me. I wasted 3.5 hours doing the paperwork and gathering the docs they requested. They wasted my time and money and not even a call to say they were sorry for the inconvenience. The rep was Jenil **, stay clear of her. She doesn't know what she is doing.

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    Customer ServiceStaff

    Reviewed Aug. 15, 2017

    We started with our first equipment loan with Currency Capital and we basically jump through hoops. I gave them everything they ask for along the way and they kept asking for more although we were more than qualified. It was a bit of a unique situation with the saunas and the vibration machines because it wasn't an approved vendor as it was coming from China. We figured all that out but then they'd say it was happening but then nothing happened. We're waiting for the computers and iPads but it's been two months and they've already took the money two weeks ago for the first payment. We also didn't get the funds for the saunas and vibration machines until a couple of days ago. It is really frustrating.

    The rep who was pushing things through at the end said that it was more of the bank that they were working with. But when I spoke to the girl that was funding the loan at the bank, she said that they're not responsible for taking out first payment, it was Currency. That was last week and now we're pushing on a week and a half and I was wondering where's my stuff. We still don't have the computers and iPad as well. I'm at the point now where I think I've paid enough. We're at a point in our business where we’re growing so quickly and the iPad and the computer are super necessary so I bought them instead.

    Alex was our original rep who helped us with a money loan which happened in three days, which is fine. I emailed and called him but I still haven't heard from him. We still don't have the equipment loan happening and it's ridiculous. I don't like getting the runaround. It's fine to wait if they would tell me what's going on and stop asking me for new things. I messaged Alex yesterday that they need to refund us for the difference of the first and last payment. They also need to send me a new document signed and edited that it would just be saunas and vibrations machines and cancel the iPads and computers. Overall, the money loan went smoothly but the equipment loan did not.

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    Reviewed Aug. 14, 2017

    I already have a lift but I upgraded to one I could work off a little better than the one I have. I got an equipment loan from Currency Capital and it helped out a lot. We’ve done the receipt about a month and it took a month before I saw the lift. When I bought it, they wouldn’t let it go. United had ended up with it and had to do some work to it. They got to go through all their tests and they got to check it all out before they'll let it go. Other than that, it was good service. I was impressed with Currency Capital but I was a little scared at first because I’ve never done the DocuSign and especially when I’m giving them all these information I shouldn’t be giving. Overall, it was an easy experience. They were kind and courteous to me and made sure I was taken care of.

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    Reviewed Aug. 13, 2017

    We started a new way to create profit through another branch of our business that we weren’t involved in and there was a market for it. So, we got a business loan from Currency Capital to purchase new equipment. There was a lot of interaction with their employee and it was great at first but we’re still not done. I was sent all the DocuSign agreements to read through, what I was paying for, what it was going to cost me and how much I was borrowing. And then I’ve called Kenneth last night at Currency Capital. I left a personal message on his voicemail because I have a $50,000 piece of equipment sitting here that I can’t register and can’t use. I’ve received my equipment, but I was told it’s going to take five days for registration and title package so I can put it on the road. I’ve not received that or anything from the accounting or financing department in regards to the payment plan and when will it be deducted from my account and we’re now into it for over a month.

    It's frustrating because I do not have any information at all. So other than the initial down payment that I paid, my first and last month’s payment, the next payment was set to come out within the next few days, and I don’t have anything legally on paper that says I have 20 payments left at this amount. There is no invoice or anything like that. I would like to have something from them. At the beginning, getting the money was the easy part. And then now that they have already taken care of me and moved onto the next guy they can sign up, then I’m in the background. I’m not upset with them by any means though.

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    Customer ServiceStaff

    Reviewed Aug. 2, 2017

    We got a loan through Currency Capital for a mower for our business. It was truly the worst customer experience I have ever had. Agents were pushy to get the loan done and were very transparent about loan details. We had deductions coming out of our checking account before we even had the mower in our possession. We were passed off to different people that I feel just told us what we wanted to hear for that moment. They took out in a one month period 19% of the mowers worth. We ended up closing our checking account so they could not deduct any more money without our knowledge.

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    Customer ServiceContract & TermsCoveragePunctuality & SpeedStaff

    Reviewed July 27, 2017

    I got a loan from Currency Capital which was mostly for marketing expansion for digital advertising and internet sales. CC has helped to cover my business plans all right but the terms on how to pay them back were harsh. They automatically take $83 a day out of my account. It takes time to make money work for me and I'm not totally set up on the internet yet. I would’ve liked to have some easier terms. I appreciate what they’ve done and what they’re doing but it really wasn't enough, only enough to get started. With easier terms, I could have the business going a bit better and even though sales started coming in, the payment would have been easier for me.

    In addition, I received a statement in May, but not for June or July. Apparently, I don't have an online account set up so I can go on and look at what I've done, and that would’ve been nice. Other than that, the relations manager was good. He answered emails promptly and resolved a couple of issues with getting set up. Overall, my experience was okay.

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    Customer Service

    Reviewed July 26, 2017

    I tried to get a truck loan on the internet and somebody from Currency Capital contacted me after checking one truck. However, I got a bad experience with them because now it's a mess. They offered me a loan but after we drew all the paperwork, they told me it's a lease. I never asked for a lease. I don't know how the lease works but now a company takes money from my account. I don't know if they are the same company or a different one. But I have called the telephone number four or six times and nobody answered. I don't want to deal Currency Capital again because I can't speak with anybody there.

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    Customer ServicePricePunctuality & SpeedStaff

    Reviewed July 21, 2017

    Our loan with Currency Capital will help us grow our business tremendously. I used the funding to get a vehicle on the road. Basically, we just purchased a vehicle and put the logos on it. Without the loan, the business performance would've been a slugger. We would've gotten there eventually, but it would have taken a few more months.

    The entire experience was very friendly. All of the guys I dealt with were on top of their game. They got back to me fast and they walked me through a couple of questions I had. Everything was good and I'm definitely keeping them on the line if there’s something I need. The only thing is, they cost an arm and a leg. It's probably perfect for any other businesses, but ours is family-owned and we're not getting into the hundreds of thousands yet. Recuperating the funds takes a little while but once we do, it’s all ours and we don’t have to pay anybody else.

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    Contract & TermsStaff

    Reviewed July 18, 2017

    Currency Capital contacted me and I got from them an equipment loan which I used to buy a truck. My business wouldn't be what it is right now without the loan. But it was not good with the relationship manager of Currency Capital. We had an agreement with something and when I sent the contract, they wanted me to switch. I would never ask for anything else from Currency ever again or recommend it to anybody.

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    Punctuality & SpeedProcess

    Reviewed July 15, 2017

    I received equipment financing from Currency Capital and it enabled us to buy a piece of software that saves me 20 hours a week of a $100 an hour person. They were easy to deal with and the process was very quick. The loan was definitely beneficial and it's saving us a fair amount of money.

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    Customer Service

    Reviewed July 14, 2017

    I had a good experience dealing with Currency Capital. I had a business loan from them for a trailer. It allowed me to get some new equipment to do my job. Payment is automatically debited out of my account each month and I got along good with the account manager. I don't talk to them at all but they send me email sometimes.

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    Customer ServiceStaff

    Reviewed July 9, 2017

    I saw Currency Capital online with the heavy equipment. I had no way to get a gravel pit going, but the loan got me an excavator so that I could do what I need to do and get people in there to buy gravel. David, their relationship manager, was super. Anything I ask of him, he gives me an answer within an hour. He knows what he's doing. Currency Capital was honest, upfront and let me know what's going on before I start.

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    Reviewed July 4, 2017

    With my loan from Currency Capital, I was able to get the equipment I needed for some startup stuff. However, the staff wasn’t great. The way that they stated things didn't make sense to me and I didn't understand how things went through at the end of the payment and repayment of the loan, so I don’t think I will get a loan with them ever again.

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    Staff

    Reviewed July 3, 2017

    The loan I got from Currency Capital gave me a truck to operate with. Without this loan, my business would be about $150,000 a year less. Their relationship manager was extremely knowledgeable and they have done what they were supposed to do. Everything went smoothly and I have recommended them.

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    PriceStaff

    Reviewed July 2, 2017

    I got a loan for equipment from Currency Capital and it helped in adding more income to my business. The relationship manager that I worked with went above and beyond. He got me approved and within the price range I was trying to pay each month. Everything was great. Currency Capital will work to get you the loan. If they can find it, they’ll do it.

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    Contract & Terms

    Reviewed June 29, 2017

    Financing equipment with Currency Capital was the biggest pain in the ** I've ever had. I tried financing my equipment with three-year note biannual payments, and their representative said that would work fine. And so, I signed an 11-page contract online that never had any mention of the terms or of the annual percentage rate. Thereafter, I found out that my first payment came out of my checking account before I ever signed the note. Furthermore, I was to pay $50 that didn't go towards the note but rather, as a carrying service. Currency Capital apologized for the delay as the loan was taken out of house. It was a big runaround. While I ended up getting a monthly term, it was still a terrible experience. I'll never finance with them again.

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    PricePunctuality & SpeedProcess

    Reviewed June 28, 2017

    I got an equipment leasing from Currency Capital and it has helped save in cost. It also helped me to be more efficient as far as the timeliness when I have the equipment myself, I can work on my own schedule instead of having to rely on someone else. Also, the relationship manager went through the process step by step for me instead of me having to figure out the whole process on my own. He told me what he exactly needs me to do or what they were going to do so, I could have things ready for the next part of the process. He did the packaging of everything together and it was easier because he knows the way they are looking for things so he was able to put it together in the order they need it.

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    Staff

    Reviewed June 23, 2017

    I got a business loan from Currency Capital and so far, it has helped me land some jobs, find material for jobs and pay for some labor. If not for them, money would be a little tighter. My experience was okay in terms of interacting with their relationship manager. I talked to him one day, he emailed me and it went well. Overall, Currency Capital was a nice company and they were very helpful. The only thing I don't like is that they take $76 a day out of my bank account, but that's part of the payment.

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    Punctuality & SpeedStaff

    Reviewed June 22, 2017

    I got a small business loan from Currency Capital. I made a machine and I financed it with them. And then, they processed the loan quickly and it helped a lot. Their relationship manager was unbelievable. He explained everything to me and he followed up, too. In fact, I got a mail from him the other day to see how’s the equipment. So far, they’re doing fine and they’re beautiful. Overall, I was very satisfied with this company.

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    Customer ServiceStaffProcess

    Reviewed June 20, 2017

    I wanted to purchase a vehicle on eBay plus a trailer from another vendor. This is eBay's preferred lender and I was redirected and called immediately. I explained to agent Alex what my plans were, and they offered to help. The combined total was around $20k. The whole process has been handled in a very amateur way, with excuses, and passing the buck.

    6 weeks later, Currency Cap have lost both titles, have not registered the vehicles, they are not licensed to drive because I can't get plates. Neither vendor that the vehicles came from have ever heard or experienced the way Currency Cap do business when buying vehicles. It should have been as simple as us having the title, with Currency Cap as a lien holder. I could have then got everything done within 48 hours, not 48 days. Watch out for their upfront & paperwork charges, They change! I have paid the 2 months upfront payments, the $500+ fees, another monthly payment, and yet I still had to rent a Uhaul Truck, which was the reason I got the vehicles in the first place. I will be seeking legal advice to sort this mess out. Very unhappy.

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    Reviewed June 20, 2017

    We needed equipment that’s necessary for our production but it was out of our budget to just outright purchase it. We searched and Currency Capital popped up as an option for equipment plan. It was really instrumental.

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    Customer ServicePrice

    Reviewed June 16, 2017

    Currency Capital is the lender of choice with IronPlanet.com, which is an auction website for heavy equipment. The loan application process was easy. Currency Capital guided me through an electronic signature process on the DocuSign website and I signed electronically on my phone. However, I didn’t have the ability to save the PDF for future reference and the document was not accessible to me after I signed it. I'm a contractor and my days are hectic and crazy, so during the day I often don’t have time to look at details. Everything was fine except for the most important thing to me as a consumer, which was understanding the details of the loan or the interest rate and the financing.

    The interest rate was misrepresented and ended up being 30%. The selling agent said the interest rate was only gonna be 4%. She told me not to worry, that since it's a lease, I can write off all of my lease amount every month in my tax filings. After I had already signed everything, I emailed her asking for what the numbers were again, she wouldn’t reply to my email or answer my calls. I've done business with so many lenders already and that was the one that screwed me. Overall, the experience wasn’t great in terms of transparency and disclosures. I was very dissatisfied.

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    Rolandas increased rating by 3 stars.
    Customer ServiceInstallation & Setup
    After a positive interaction with Currency, Rolandas increased their star rating on July 4, 2017.

    Updated review: July 4, 2017

    After bad experience and review I was contacted by the company representative unexpectedly. I really thought bad about this company. However, I was pleasantly surprised to find out that company views and operation is totally different of what I experienced with this one loan specialist and his supervisor. I had all my money back since I did not finance my purchase with the company. All my problems and complains was resolved.

    I am giving 4 stars just because if not this complain I would have no means to find main branch contacts or phone number and reach to higher authority myself.

    Original Review: May 30, 2017

    I won Sprinter van on eBay. eBay had link to financing company right on the winning page, so instead going to my bank I clicked on that link. Set up was easy, with just a few changes. They told, they can't make it as a financing but they will do lease with an option to buy. Instead of 36 months as promised initially they told that they can do only 24 month lease. We agreed on that. Before even finalizing all the paperwork they charged first and last month payment from my bank account saying that they are trying to speed up process. After payment was charged questions regarding insurance arise which we could not agree on. We had to stop dealing with them because we could not afford the loan anymore and asked to return money for the 2 monthly payments they charged for the loan it was never finalized.

    We offered them to keep paperwork fee only. This company did not return our payments, did not email us back with explanations or representative did not return calls. When talked with our rep Alex I asked to talk to manager and was told that they do not provide name or phone # of the managers because they are very busy. BE CAREFUL, it is not the company you want to do business with.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed May 29, 2017

    I had equipment leasing from Currency Capital two years ago. The guy that handled it all, Josh, was excellent. I wanted to have everything stat and not mess around. The loan process went on for a couple of months then it started to get ahead of time. It's hassle going back and forth for all these paperwork. But Josh really went out of his way and worked with my loan.

    However, I probably wouldn't go with Currency again because of the other guys I talked to. They're supposed to call me back but they do nothing. I needed to get a title for my trailer and I still don't have all the paperwork completed because it got screwed up. I have to have something filled out from the State of Pennsylvania. So, it's going to be over two months. They didn't go out of their way or they didn't try to complete anything. The rates, the loan and the money were totally different than what we talked about and what it was supposed to be. Overall, Currency was okay at first, but at the end of it turned sour.

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    Reviewed May 28, 2017

    We took out a loan from Currency Capital when we purchased company equipment in order to offer different services for the industry where we’re at. It gave us an advantage over our competitors. Currency Capital has assisted us a lot in the process of acquiring equipment and they're always looking for the best option we can get on any loan. So far, it has been an aid for our company.

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    Installation & SetupPunctuality & SpeedStaff

    Reviewed May 25, 2017

    We were getting ready to do a large project and at that time, Currency Capital had sent an offer to our company for financing and so I responded to that. They, through a working capital, were able to help us fund the activities related to getting that project installed and working. Without the loan, the project would've still survived. But with the loan, it certainly made things easier. The interactions I've had with our relationship manager were all professional and timely. I’ve always been able to get ahold of them when I need to and it has been satisfying.

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    Customer ServiceContract & Terms

    Reviewed May 24, 2017

    I was applied to finance 20000 with them but when I look the contract I won't like to go forward and I call them to tell that am not agree with the contract and am try to stop the process. Am never get any money from them but they did from my account. Just to make a contract they took $1947 and Alex one of them tell me that they be unable to refund anything. Am tell him that am agree to paid any penalty for not go forward but $1947 is too much, don't you?

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    Customer ServicePunctuality & SpeedStaff

    Reviewed May 22, 2017

    I required a number of industrial machines for my expanding business in landscaping, removing foliage, and clearing trees. Currency Capital leveraged their wide network of financiers and was able to quickly and reliably secure a loan for me to purchase this equipment despite the complexity of the order. Their mobile and online platforms are impeccable and their representatives were present along every step of the way to answer any questions and fix any issues that arose during the process, making the extension of credit very expedient and safe.

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    Customer ServiceStaff

    Reviewed May 21, 2017

    I had to find a lender and Peter from Currency Capital was the one that called me. The relationship manager was helpful and did everything he can. I was trying to get a truck that was at least ’04 to ’07, but he said it was too old and they wouldn’t be able to finance it. Now that I’ve been trying to get a new truck, he says, me being from the towing industry, a whole truck, new truck, day-in, day-out was a region issue, so I had no choice but to get a 2008 model truck that has a lot of issues that I’m sure the sellers didn’t know about, but when I tried calling the relationship manager a couple of weeks ago to let him know what was going on, their comeback for us was that I didn’t get the warranty and that I’ve already had the truck for a month. Nobody offered me a warranty or said anything about it, so I’m SOL on that one.

    I bought a semi-truck and got a commercial loan that put me into hold. They took a month to get everything done and the money I had saved up threw me in the hole. Now, I’m about $2,000 in the hole trying to catch up. The company I got leased on with is not paying much money to operate it. I’m sad but I am satisfied for what it is in first time buying. I’m glad that I was able to get approved, but I wish it would’ve went a little bit better in my way money-wise and for them for taking so long.

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    Staff

    Reviewed May 17, 2017

    I got a small business loan from Currency Capital. Cash flow was a big issue, and it helped me out with that. I would've survived without the loan, but it made things a lot easier. It took the sleepless nights away. The rep that I deal with is wonderful, helpful, responsive, informative and definitely steered me towards the right direction. I'm very satisfied, and I'd recommend them to anybody.

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    Staff

    Reviewed May 15, 2017

    I purchased a piece of equipment that I wanted to finance and Currency Capital was recommended to me. I got a $17,000 loan for a pre-cooler that goes into a refrigerated system. It was for a lease term and a buyout at the end of the lease. They're very nice people and I do appreciate the loan. I'm glad it's there. However, I should have gone with my bank. I would only have had to talk to one person and not have to do all this confirmed payment. Or I could have and should have paid cash for it instead of taking out the loan. It's too much of a hassle. We had about three different people handling the loan. There's a lot of layers to the system and it seemed to be excessive. It held up shipment in some cases when we were trying to get it shipped here quickly.

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    Customer ServicePunctuality & SpeedStaffProcess

    Reviewed May 14, 2017

    Without the help of Currency Capital I would not have been able to purchase the TV camera that I needed to kind of get my business off the ground. It'd be really hard to do my job as I work in the TV industry. Getting the commercial loan was a very easygoing experience. They're a great company to deal with. The relationship manager walked me through the process mostly via email, and he was very helpful. We were able to get it done in a quick fashion because I needed it very quickly. He answered any questions I had so I was pleased. If I ever need that type of product again, they'll be my first call.

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    PriceStaff

    Reviewed May 13, 2017

    Opened a loan from Currency Capital for getting material for a project. The loan helped out quite a bit. They're actually small loans and I'm trying to build it up to something that will make a serious difference. But it had been slow so we're going to increase it and they're aware it was my intention. Their rep was good and anytime I need anything, I have no problem getting hold of them and get questions answered. Everything is great. As long as everybody does what was agreed, there's no problem. Their interest is a little high but I will still recommend them. Very good experience.

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    Punctuality & Speed

    Reviewed May 6, 2017

    Some old equipment broke down and it was time to replace. Needed a small quick loan and fast for operating business operations. Was able to fulfill my request fast without missing a beat. Highly recommended.

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    Customer ServicePricePunctuality & SpeedStaffProcess

    Reviewed May 5, 2017

    I got an equipment leasing loan from Currency Capital and the process started about a month ago. But it’s been a few things after another that needed to get handled and came down to the finalization of it all. We went through this whole process thinking that it would probably take two weeks. I made it very clear that we needed the truck immediately and that we were dealing it. From that point, I thought it was going to work a month later. But when I got the truck about two weeks ago, I noticed that there was no tagging on it. When we got into the DMV, they looked into those titles and they didn’t have one for us. I called and I’ve been on the phone for probably about a week straight talking to different people trying to get it situated. The truck was sitting out in front of our Town Homes as we were losing money and we couldn’t move the truck. We had contracts lined up and that’s the whole reason why we went and got the truck.

    Then, a month and a half later, our contracts were gone. We were supposed to pay them $1090 and when they asked us about it, I was pretty much being honest with them that we haven’t made any money. I was informing them that we’re going to pay this money but we haven’t gotten anything for our situation and we’re not able to work yet. But we went ahead and paid the money. We had to borrow money for that because we tapped out on the whole situation. All of these was contingent on this time that we can’t let go of. We have two or three contracts lined up including through Home Court, Dash By and a company called Safa. I didn’t want to hold these companies up or be unprofessional with them so I told them we’ll give them a call back whenever we get things situated. But at that point, I didn’t know when things were going to be situated.

    I called Currency Capital and they referred me to a young lady named Shanna that worked at Pacific Leasing. I called her phone and left her various messages but I didn’t get to speak to her until about a week and a half later. I went to full investigation mode and have spoken to the manager of the titling department at Pacific Leasing. That’s when they told us that the title had been sitting at Circuit Leasing for about a week and that they needed to send it back out and send it to her. Then, they sent it back out there and they had it for a while. Also, we had given over about $2000 for this situation - insurance for the truck was $600 and $1090 to Pacific Leasing or Currency Capital.

    I got very vague answers from Pacific Leasing. They're not really informative but when it came to getting the money, they were very spot on. They showed me the lease and that I can put the money and how I can do it, but I can’t get a callback. I would have to call them back and speak to different people. They've given us a hard time. They said to write a letter to them and explain to them what’s going on. I’ve spoken to them different times throughout the process letting them know exactly what was going on and I think it was more settled up. I don’t know if that’s on Currency Capital's end or Pacific Leasing' or how it goes but I’ve got to know. We have to make another payment to them, coming up soon and we haven’t been able to do any work.

    I don’t even understand what happened with the title. I had an officer come to my house about the truck being without a tag. I explained to him exactly what happened and he was looking at me like it doesn’t make any sense. It didn’t really make too much sense to me either. He said he doesn’t see why they can do this and that he'll see what he can. The whole process has been a little hard but we did everything we're supposed to do in a timely fashion. I even made phone calls over to Arizona to expedite the title. I pretty much had to stay on it just to make it happen. But we have our truck and everything is situated now. Also, the guys that I've worked with, Royce and Agustin, have been good. They were very friendly and they definitely went out of their way to make everything happen. They helped me out a lot and I don’t have any complaints about them at all.

    The only reason why I probably wouldn’t recommend is because of the individuals that Currency Capital is working with. Pacific Leasing is the only other company that they work with that I would know about but that process was hell. I’ve gotten loans before and I never really had gone through anything like this. They were supposed to take care of the registration but we ended up having to pay for it, which cost us almost $500. We got screwed. Then, our payday was coming up in a few days and I know that they’re going to be expecting that money. But they didn’t really show any empathy or compensation for it.

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    Punctuality & Speed

    Reviewed May 3, 2017

    Needed a fast, small business loan for a startup venture. Bank was unwilling to fulfill my request in the short time needed. Went to Currency Capital and they were very fast, friendly, and informative. Helped explain everything before I decided to take out the loan.

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    Contract & TermsPunctuality & SpeedStaff

    Reviewed April 30, 2017

    We got a small business loan for $20,000 from Currency Capital. The Capital relationship manager was a really good guy, very helpful, and very on time when we were working out the whole deal. They do immediate ACH transfers, which really helps when building and needing money, so they were able to do a one-day turnover. We deal with the city of San Antonio and we're the official lender for them. They got backtracked with other payments in December so we didn’t have much revenue coming in and generating.

    Without the loan, we would have also backtracked in our projects. We wouldn’t be able to order concrete, buy the materials that we need, and then possibly we would have had to pass some of our work because the workers couldn’t work if we wouldn’t be able to pay. The loan helped us a lot to complete our job and got us back on track. Everything was really great except for the payment term. They could have changed the terms so we could do a monthly payment or twice a month other than me doing the withdrawal every single day. Then we ended paying around $30,000. Nonetheless, I've been satisfied and they were able to give me the help I needed.

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    Contract & TermsStaff

    Reviewed April 28, 2017

    I got a business loan from Currency Capital that helped me a lot but they don't tell you the fine prints. The loan officer was always in a hurry trying to get you to sign the docs without going through them. (1st time around) I did a short term loan for 6 months and the renewal is coming up in 30 days, So I called them to check if I could take out another loan. I qualified, signed and was ready to go. During the verification process I found out many things that I was not told before signing. (I was trying ask questions before the closing but as always THEY MAKE IT SOUND AS IF THEY ARE TOO BUSY OR IN A HURRY FOR QUESTIONS.)

    I cancelled my loan with them immediately and will NOT be using them again. Read the contract before you sign, ask question and don't let them hurry you! I did the mistake of not reading it all (cause they were hurrying me) and almost got myself into a bad situation. Thank God for the verification process.

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    Installation & Setup

    Reviewed April 27, 2017

    I thought Currency Capital was just a loan and I didn’t realize it was a rental thing. It wasn't explained very well and that's my issue with it. I bought a truck from a person through pictures and it wasn't what it was when I picked it up. There was no way to get my money back because Currency Capital had already taken the first and last month's payment and the guy already had his money. So basically, it was my truck already and the title had been transferred before I even said that I'll definitely take the truck.

    Then in less than the first month, they were already taking money out of my account and said it was a pro-rated rent. It's also a really a bad deal when one would go through and read the fine print. When I got the last bit of paperwork after they kept taking the money, they added a $400 fee towards the end and I was like, "Why do you keep taking money for?" I'm really dissatisfied with them and I don't like the setup. I would like to get out of it as soon as possible and I'd never do it again.

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    Customer ServicePriceStaff

    Reviewed April 26, 2017

    I borrowed money from Currency Capital for 300 Komatsu and they seemed to be doing good. They gave me a loan and they draw the payments out from my bank account. They have high interest rate but it’s okay. The guy whom I’ve dealt with was great. I bought a piece of equipment on IronPlanet. I called him and he financed it and handled everything. It went really smooth. I’ve got about 10 or 20 loans and that was one of the better loans that went through.

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    Customer ServicePrice

    Reviewed April 25, 2017

    Currency Capital was great and very helpful in the beginning. But once we signed on the dotted line, their customer service went down the tube. They told us that they send an inspector to look at all vehicles before they’re purchased because they want to protect their investment as well as ours which was awesome. So we thought we didn’t need to send in an inspector and he thought that was good because that means the inspector is going to be overly nitpicky. My husband’s like, “I’m just gonna let their inspector do it because there is no inspection I or anybody else can do better than the bank." And then they turned around and said, “Oh, our inspector just was going to verify the title.” They tried to back paddle on that.

    They sent an inspector and verified everything on the tow truck we are getting was in working order, just as the owner explained. It had brand new tires and a wheel-lift which is expensive. Their inspector was going to go out and verify and exchange the title. We got the vehicle and the wheel-lift is a 1990 and it doesn’t work, all the lights did not work which cost us $80 to replace, it has an electrical problem and the belts were bad. The wheel-lift is about a $1,200 issue. What’s wrong with the hydraulic pump is a $1,600 issue. They overlooked about $3,200 worth of things that don’t work. That’s a big oversight for all of these things that they said they inspected.

    We’ve made two, going on three payments and the truck is not even road worthy. They keep trying to take money out of our banking account unauthorized, telling us that we owe them rental payments. Our financing bank, Pacific Lending, told us that Currency should not be withdrawing from our bank account and they have been paid in full. But Currency is trying and we blocked them. They’re shady. We’re regretting this deal and not sure what we’re going to do now because they’ve left us holding the ball. They don’t care because they already have their money. I understand things happen but the support for us isn’t there. Currency did nothing but cause us headaches and problems. I wouldn’t recommend them to anyone.

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    Staff

    Reviewed April 23, 2017

    I got an equipment loan from Currency Capital which helped me grow my business. The loan process took longer than I expected, but I’m just glad it was over with. Their reps were fine and it was a great experience.

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    Customer Service

    Reviewed April 22, 2017

    I got an equipment leasing loan from Currency Capital. The loan helped me purchase more equipment for my business to help generate more income. The relationship manager reached out to me, gave me a call and we discussed some of the things and articles of stuff I needed to get it done. It was a great experience.

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    Customer ServicePriceStaff

    Reviewed April 21, 2017

    I got an equivalent loan through pawning with Currency Capital and it's helping me start up my karaoke business. I contacted the relationship manager mostly through email. It took a long time to be able to assist me, but they eventually helped me out. I'm making payment once a month for three years. The interest rate is high, but my credit is low, so it balances out. They should have a little more timeliness and more disclosure though. They had a fee that I don’t know about and they didn’t tell me those in the paperwork. If they were a little more upfront, that would help. But overall, it was a good experience.

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    Contract & TermsStaff

    Reviewed April 20, 2017

    We deliver mail for the post office and I got a loan to purchase a truck from Currency Capital. They took really long in processing the loan. I talked to the loan officer, Alicia, quite a bit, but she didn't explain much to me. Originally, I was buying two trucks and Currency Capital initially gave me a contract for two trucks. Then, because the invoice number was for a different truck, they had to change the contract and they took off one truck and only did one truck. But they had already taken the down payment for the two trucks, which was more than $6,000, out of my account. I ended up only buying one truck, but they still haven't given me my money back, so they owe me money. and I'd like to get my money back

    I've also seen another charge coming out of my account for $798. They just took it out and I need to know what it's for. They shouldn't just take money out of my account without telling me or letting me know what it's for. My monthly payment for the loan is $1500 and this comes out automatically from my account. That $798 charge could have been a part of my monthly payment, maybe for part of a month, but they should at least send me something saying that at this date they'll be deducting a certain amount from my account and tell me what it's for. Overall, Currency Capital wasn't extremely great but neither were they really poor, just in the middle.

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    Punctuality & SpeedStaff

    Reviewed April 16, 2017

    I got an equipment leasing loan from Currency Capital. It's very good and makes my business grow, make more money, and move forward. I called to ask how I'm going to make my payments — if they're going to send out a payment book to me or if I'd get a link to my account so my payments can be drawn out. That’s the only thing I have not been aware of. The representative, Katie, was good. She took care of the problem and made everything happen for me quickly, so I was happy with everything.

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    Staff

    Reviewed April 15, 2017

    I got a business loan to buy a piece of equipment through Currency Capital. And while I enjoyed working with the manager that I dealt with, some of the other people in financing were a bunch of ** and their attitudes were **. Also, I didn't know that the service was leasing and I thought it was a loan. I didn't fully understand it until I was already deep into it.

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    Customer ServiceSales & MarketingStaff

    Reviewed April 14, 2017

    After dealing with enough of their sketchy agents over the phone, and after trying to communicate to management, or any other department, it became very clear that the company is not to be trusted. When I asked them for their business address they started giving me the inquisition. "Well, I can help you with that but first I need to know who are you and what is your address? We don't give our address out to people we don't know." When pressed, they hung up on me. I then repeated this simple request 6 more times and got the same results with Jake, John, Stephanie, Phil, Royce, Dennis, and their manager, Alex. Each time the conversation got more heated and they got more resistant to giving out their business information... Ultimately they put me on endless hold or simply hung up on me.

    For fun I immediately called Chase and without even introducing myself I asked for their address. It was given to me without hesitation. I did the same with for a random "business loan" company I found online. They were happy to give me their contact and business information, too. Why is Currency Capitol so secretive and evasive about their public company information? Why are they hiding? I should also note that this company also has a reputation for not following the National Do Not Call list. Which, again, makes them especially untrustworthy. If they refuse to follow the laws in telemarketing then how can you trust a loan they get for you?

    When you get them on the phone everything seems fine until you take them "off script". As soon as they can no longer follow their per-defined phone sales scripts because you are asking questions they don't expect to answer that's when you start to see their deceptive ways. Why would any company that wants customers hide their company details? "Just Google it," Alex, the manager, told me... I did also note, the company's website also excludes their company information. HUGE RED FLAGS!

    There are so many reputable loan companies out there, why risk damaging your future, finances, and business with a company like this? Do some research and get a honest loan from and honest company. Very sketchy company, very untrustworthy agents...You won't really know where your loan is coming from with a company like this. Don't do business with anyone you can't 100% trust. Especially if it is about your financial future.

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    Currency
    Response from Currency

    Hi Ed –

    We sincerely apologize for any inconvenience you may have experienced with Currency. It is our company policy not to disclose the location of our offices in order to ensure employee safety. This is a particular measure we are very sensitive to due to the increase in workplace violence. As well, there may have been some confusion as you spoke to a representative from each of our four offices (Los Angeles, Orange County, Scottsdale & San Francisco).

    Once again, we apologize for your experience with Currency. If you have any further questions or comments, please reach out to our Vice President of Sales at 310-571-9600 or our Customer Service Team at CustomerService@currencycap.com who are happy to answer any additional questions you may have.

    Factual basis uncertain
    Verified purchase
    Customer Service

    Reviewed April 14, 2017

    Currency Capital's lending process was great and they were hands on. I’ve had some questions and called them. They’ve been happy to comply and gave me what I needed. They communicate well with the bank that you lend from. I had an issue with getting the tag for my delivery truck and they called the specific place for me, so I didn’t even have to do it and we got everything set up. They got me the equipment I needed to make my deliveries and make more money - it's that easy. On the other hand, they stay pretty busy and they don’t always call me back so I simply have to call them a lot. But overall, it's been a pretty good experience with them.

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    Customer ServiceSales & MarketingPunctuality & SpeedStaff

    Reviewed April 13, 2017

    We needed another truck to expand our business and we have a lot of customers that asked for non-runners because, at present, I was just moving moveable cars. So, I was in the market of getting a tow truck and I contacted NeedALender and Currency Capital contacted me so I applied for an equipment loan from them. Currently, I'm not using the tow truck. They told me they would handle the inspection and make sure that the truck is worth funding. So, I left it in their hands to make sure that the truck was good and running. However, that didn’t happen. I had to drive to Colorado, where it was at, to pick up the vehicle. And when I got there, the truck was all bad. I contacted Currency Capital to let them know that I wasn’t happy with the truck.

    First, the guy said he’d take care of it, fix everything that’s wrong and to send him the invoice from the repair shop. I did that, but I didn’t get a response. I left him messages but he never called me back. A guy called and told me there was nothing they can do about it. The only thing they can do is give me more working capital and that’s not what I need. I needed to have a truck that's running good, to put it to work and not a truck that was broken down and not drivable at all, and with some mirrors missing. For commercial driving, I have to be safe on the road. Therefore, these mirrors need to be in place.

    So, whoever inspected it through Currency Capital did not do a good job at all. They gave me reports saying good, but it was all bad. The truck is still in Colorado and I haven’t used it. I had to tell some of my customers that it’d be a bit later before I can actually move the non-runners and here I am, I’m still with the trucks that I previously had. I was polite when I told them what was going on. I sent several pictures of the truck, about 19 pictures of the motor, the check engine light, the missing mirror, the dented bumper and the damaged driver’s side. It’s like the whole tow truck bed is rusted. I felt I was scammed.

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    Staff

    Reviewed April 12, 2017

    I had a very good experience with Currency Capital and the loan enabled me to purchase the vehicle I needed. Plus, the reps that I talked to were knowledgeable and easy to get a hold of.

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    Contract & TermsPrice

    Reviewed April 11, 2017

    When I started out thinking I could get a loan for Truck Planet it all sounded too perfect. They told me they would send me a application in the next day. They approve my loan. It was for auction but the strange they sent me a contract agreement. They do not even know if I win the item but they want I sign electronic agreement with no item description. But my nightmare start when I won the item. They change everything. They sent new contract agreement with not interest rate and not how many months. They said my item was a rent for 36 month, after 36 months just pay 1 dollar and the item will mine. Look good right!!! But in my contract they sent me my contract with not interest rate neither how many months.

    That is when I realize it's a not good company. I have to paid my item with cash, after see fraudulent make my agreement. But they have my bank. They take out from my bank $1063.00 for "don't take his loan" they said. If you make any application and don't take any loan is not fair you charge with over $1000.00 for fee. They are the most unprofessional company I have ever dealt with. They will lie, lie, lie until you do what they say. So please anyone that ever wants to do business with them please stay away because they will only make your life a living nightmare.

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    Currency
    Response from Currency

    Hi Jose –

    We sincerely apologize for any inconvenience you may have experienced with Currency. A Currency representative has tried to contact the customer on multiple occasions in order to figure out the root of the issue and find a resolution. Currency has still been unable to reach the customer in order to help find a solution.

    At your earliest convenience, please reach out to us at the contact number below in order to find a resolution. If you have any further questions or comments, please reach out to our Vice President of Sales at 310-571-9600 or our Customer Service Team at CustomerService@currencycap.com who are happy to answer any additional questions you may have.

    Verified purchase
    Staff

    Reviewed April 5, 2017

    When I decided to get an equipment loan from Currency Capital, my relationship manager has been easy to contact and was very helpful. Before, I would have to ask for help with my business and people would never want to help or lend their stuff. That would slow me down or I would have to pay extra. But now, I have a truck and I can bring my merchandise to people. The loan has helped out a lot.

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    Punctuality & SpeedStaffProcess

    Reviewed April 3, 2017

    My experience with Currency Capital has been great. I’ve been in business for 20 years and I’ve always managed. I really didn’t need the money, but it has obviously made things a little bit easier having it available if needed. We do quite a few construction projects and a lot of times we’re out of funds on labor and materials while we wait to get paid. So the loan with Currency Capital has allowed me to fill that gap when needed until I collect on my end. Whereas in the past, I would either just get a cash loan somewhere at a high-interest rate and it was costing me quite a bit on the back end. This loan with Currency Capital is more ideal for those times. The young lady that was helping me out has been great, too. When we did a equipment loan, we were able to do the DocuSign and everything there on the same day and we were able to take care of that fairly quick, as well. She made the whole process very easy and I’ve been happy with the service.

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    Customer ServiceStaffProcess

    Reviewed March 31, 2017

    Everybody was pretty good with everything at Currency Capital and Cody, the guy I talked to the most, was really cool. However, the whole process was extremely lengthy, and processing for this loan seemed more excessive than buying a house. And Cody handed my paperwork off to another kid whose bedside manners were a little off compared to his. In fact, I had to call Cody four times and he handled a few things for me instead of that other guy. But still, everything went well.

    Also, the banks were wanting 35% down, but Currency Capital wasn't as excessive for the down payments. In my case, my credit score was low but I was absolutely stunned that the loan went through, although I'm sure I'm paying for it in some way, shape or form. Additionally, unlike the other lending company where I have to purchase from a vendor, it's anything with Currency Capital. Because I buy most of our equipment through United Rentals or in an auction. So for any of the auction stuff, I'll more likely go to Currency Capital. I'd recommend them, too. In fact, one of my sons is going to buy a piece of equipment too and I told him to call Currency Capital.

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    Customer Service

    Reviewed March 23, 2017

    I was impressed to see how fast they called me back but quickly disappointed to talk with aggressive and very rude salesman. They could not provide me no information at all unless I give them my Social Security # to proceed. And when I told them, "Let me check on them first, before we go forward," the nasty salesman ask me without any shame and pudor "Do you have a problem with your credit or do you think we are going to give you $13000 just like that?" with a very rude tone and for no reason. So, I just hang up and call right back them to talk to a manager about the experience. It was even worse! So my personal suggestion to YOU is to stay away from these rude and vulgar salesmen...

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    Currency
    Response from Currency

    Hi Serge -

    We apologize for your experience with Currency. Currency treats every consumer complaint with the utmost respect and sensitivity. Per every complaint we receive, we conduct an internal review of the case in order to better understand the complaint and reach a solution.

    We encourage you to please reach out to our Vice President of Sales at 310-571-9600 or our Customer Service Team at CustomerService@currencycap.com who are happy to answer any additional questions you may have.

    Verified purchase
    Staff

    Reviewed March 21, 2017

    I got an equipment loan from Currency Capital. Their rep, Jeff, has been friendly and easy to get a hold of. However, I didn't get the information out like I wanted from the lease part that we dealt with. I don't think he was clear on that. He said that was a lease deal, but at the same time, I can ship it back but I would have to pay for it. So, I was stunned about that. I thought the lease was something I'd paid for. And once I've finished, if it's still all right, I can send it back. That's why we're doing this as a lease deal, to have what they would say collateral just in case something goes wrong. And even though I couldn't afford the thing, it doesn't go back. It comes against me. Other than that, everything else was a decent experience. And because of the loan I got from Currency Capital, I am able do more jobs with the machine than I can with just hand digging so, it was just producing better.

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    Staff

    Reviewed March 19, 2017

    I worked with Jake at Currency Capital and he helped out a lot. He was very communicative throughout everything. We were able to get some extra start up funding for some equipment. Without the loan, it would’ve been a little bit difficult to get that extra cash that we needed. Everything worked out and it was a great experience with Currency Capital.

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    Punctuality & SpeedStaffProcess

    Reviewed March 18, 2017

    We got a working capital loan from Currency Capital and it got us through the whole month of February, which was really what we needed. Arizona didn't have any winter and we're a HVAC contractor. And when March 1st hit, everything was back to normal, so it was the perfect pad to get us through that slow time. Without the loan, our personal credit would take a huge hit because everything for the business is personally financed right now. The business has only been in operation for three years and we wanted to go five years with no credit. Even all of our service vehicles are personally financed. All payments would have been late if we wouldn't have gotten a loan. The rep was awesome. She answered all my questions and was very responsive. The process was done really quickly and Currency Capital was just so easy to work with.

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    Price

    Reviewed March 17, 2017

    The cash flow from the cash advance that Currency Capital gave me helped me get new equipment and other stuff that I needed for my business. It would be a struggle without it. However, I'm a little displeased with the interest rates especially with the fact that I dealt with them before and it should've gone down for me a little bit on the second time. But the relationship manager, Jake, was right on top of everything and I really like dealing with him. So although they have to work on that interest rate, I would still recommend them to a friend.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed March 16, 2017

    I had looked Currency Capital up and they were always available, accessible and easy to reach out to that's why I stayed with them and tried to get funded. I got a truck financing type of loan. They expanded my company to meet some contracts that I have pending and now we're able to go ahead and facilitate those. I make monthly payment and they were okay. Also, my relationship manager has been pretty knowledgeable. He calls me back, we communicate and he emails me promptly so he's really good. We have no problem with communication. It's been a really good experience.

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    Staff

    Reviewed March 15, 2017

    Currency Capital gave me the money and was very nice. They were good people, very efficient and did their job. They said they could do something with all my credit stunk. Though they didn't get me what I really wanted, they did help me stay in business by paying my insurance because it is very high here in New York where I live. All my business insurance, liability comp and what all is around $8000 a month. Also, I paid $31,000 in the last four months in insurance which is a lot of money. I'm a roofer and I do a lot of missionary work and exterior work. When the winters come and my business takes a hoot, I need to borrow money to stay in business.

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    PriceStaff

    Reviewed March 14, 2017

    I got an equipment loan from Currency Capital to purchase a backhoe. They were helpful and all of my questions were answered. I was talking with a guy first then they switched to another guy. However, the new guy didn't talk that much. Other than that, my loan's interest rate was fair. Now, I don't need to spend a lot of money on rentals.

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    Staff

    Reviewed March 12, 2017

    It's been a good experience with Currency Capital. I received an equipment loan from them and it helped us out a lot. We'd be in a problem without it. We needed it and we need a little more still. Hopefully, it's given us another piece of equipment on the road to help productivity. Also, Matt, the one who handles us was genuine and straightforward with me. He has been awesome and a good guy to work with. I highly recommend him to anyone.

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    Contract & Terms

    Reviewed March 9, 2017

    My initial contact with Currency Capital was on February 2, 2017. I sent an email with the terms I wanted in the lease (no personal guarantee and a reasonable interest rate). On February 6th, the sales rep emailed an application which I filled out and returned the same day. On February 7th, he emailed over a proposal which stated, "This proposal expires on 02/07/2017 at 3:00 pm". Currency Capital treats this document as an actual contract and if you make the mistake of accepting this "proposal", before a legal contract is signed, Currency Capital deducts money from your bank account.

    When you do not agree with the terms and conditions in the contract, Currency Capital's sales representatives (or at least the one I dealt with) tells you that they have already done extensive work on your lease and that it is non-refundable. Today is March 8th and my vendor has still not been paid (going on two weeks since the final contract was signed). And all this over a $25,000.00 deal... I could go on and on about the miserable experience I had, but my main goal is to forewarn others about this company's practices.

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    Currency
    Response from Currency

    Hi Deborah –

    We sincerely apologize for any inconvenience you may have experienced with Currency. After investigating the case further, we have gathered the following details: The customer initially signed a proposal to receive financing with a personal guaranty. This mutually agreed upon proposal was set for funding at the beginning/middle of February. Unfortunately the PG then decided that it needed to be a “corp only” lease with no personal guaranty. Currency’s Account Executive went back to the drawing board for California Organic Fertilizers, Inc. and got an approval from credit on a “corp only” lease.

    Currency worked to put together an additional financing proposal, however, the client wanted language in the contract changed on multiple occasions. Although this is nothing we’ve ever done before, we facilitated her requests and revised our contracts to meet her needs. The delays did not stop there unfortunately, and various objections continued to arise, ranging from not wanting to pay sales tax, to not accepting our pre-funding conditions. Of course we continued to facilitate the needs of California Organic Fertilizers, Inc. and after extensive delays we still managed to successfully fund the business for $25,000 in equipment. We offered a refund to the client on multiple occasions but they wanted to continue with funding despite the ongoing complaints.

    Currency tried our best to meet this clients’ needs and expectations. Once again, we apologize for your experience with Currency. This particular case is not indicative of how Currency conducts business. If you have any further questions or comments, please reach out to our Customer Service Team at CustomerService@currencycap.com.

    Verified purchase
    Staff

    Reviewed March 9, 2017

    The working capital loan I got from Currency Capital allowed me to hire more employees, keep the ones I got going and opened up other doors because I was able to do more work. They were really good to work with, explained everything and walked me through step by step. And my relationship manager was awesome. He made sure I was taken care of and followed up. It was a great experience overall and I have recommended them.

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    Customer ServicePunctuality & Speed

    Reviewed March 8, 2017

    I got a business loan to increase my inventory which helped a lot with our business performance. It was a very quick process once they got all my paperwork. They even offered a lot more than what I was asking for. They were very professional, fast in the payment sending and their customer service is very good. They always contacted me afterward to make sure everything went fine with the loan. They told me to contact them if I ever needed anything else from them. They always send me emails to keep them in mind for future loans. I would definitely recommend them.

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    Customer ServiceStaff

    Reviewed March 7, 2017

    I got a loan from Currency Capital to buy a Hopper Bottom trailer which I needed to make more money with. I contacted them and they called me right back. They were awesome. They bend over backward to help me and stay in constant contact with me. They were also there to answer any questions I had. If I hadn't gotten the loan, I would still be in my old job making a lot less money. It was a very pleasant experience and I enjoyed it. I would use them again.

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    Punctuality & SpeedStaff

    Reviewed March 6, 2017

    We got a commercial loan from Currency Capital and purchased a Rollback. We already have two Rollbacks and this third one will help us financially. It’s gonna add more to the business, and we’ll be able to pick up more vendors. So the loan helped tremendously. Rebecca, our relationship manager, was awesome. She worked really fast and I was completely satisfied with the overall outcome. I also worked with David towards the end. And both of them were very professional.

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    Steve increased rating by 4 stars.
    Customer ServicePriceStaff
    After a positive interaction with Currency, Steve increased their star rating on March 21, 2017.

    Updated review: March 21, 2017

    Helped with loan proceeds, very helpful and professional. Thank you.

    Original Review: March 5, 2017

    I called a person I knew with Kennett Capital and they weren't doing any funding at that time, so they turned me to Currency Capital. The loan has helped me get through a couple months of bad winter here, but I'm not real happy with the 18 percent I'm paying on the credit card since it's not affordable. I also haven't received any statements or correspondence from them and I would like to because I got some confusion on how the money is being paid and how it's been delivered into my account.

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    Price

    Reviewed March 4, 2017

    I got an equipment loan and a cash loan from Currency Capital and I was able to get the equipment that I needed at the time that I needed to get it and to open a new store and do all the stuff I had to do. However, nobody mentioned that Currency Capital has an internal rent fee. It was in the document but it was never verbally stated that there's a rent I had to pay basically for having a loan out without receiving equipment yet.

    I had my equipment built for my building and it didn't get delivered within the first four days of receiving the loan because the company who was making the equipment didn't actually finish fabricating it. It was a little bit upsetting because on the first half a month in before I ever got my equipment, a couple thousand dollars that is half the amount of a month of the loan was removed from my bank account and it didn't even go towards the price of the loan. It went towards them for giving me a loan and me, not receiving equipment. That wasn't normal to me and I felt that was a little bit unfair because how can I be in control of the company fabricating the equipment? So, that's something people must know as a downside, to be prepared to pay fees that they're not expecting. In the end, I still ended up paying more than I wanted to for my clean room, but I got the room I needed. So, I wouldn't take it back but I wish I had known upfront.

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    PriceStaff

    Reviewed March 3, 2017

    Currency Capital put the money in my account and they withdraw payment every day. This loan helped to grow my business because it allowed me to buy more merchandize and expand a little bit more. But, the interest was high. The relationship managers were very good and very nice. They took care of me well and they explained everything clearly.

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    Verified purchase
    Punctuality & SpeedStaff

    Reviewed March 2, 2017

    I've worked with Currency to obtain two different loans for my retail store. My experience with them has been great. My account manager, Veronica, was excellent. She was very diligent and resourceful in getting me the best rate possible on both loans. Both of my loans closed VERY quickly, in a matter of days. I will be working with them in the future, and I highly recommend them to other small business owners looking for financing.

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    Price

    Reviewed March 2, 2017

    I was able to invest more money in inventory with the short term capital loan that I got from Currency Capital. But it would be better if they have cheaper interest rates and less frequency on the payments. I currently do my payment daily and it would be nicer if it was bi-weekly.

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    Price

    Reviewed March 1, 2017

    I have two leases with Currency Capital. The first one, I thought that I could pay it off sooner and I was going to pay it all off, but they told me that it wasn't paid because basically I would have to pay the whole thing no matter what. They won't come off with the interest and they were going to do the same thing with my last lease but I didn't want it so they were able to do a different kind of lease where they could just lease the principal and not the interest. Hopefully with that idea I'm going to pay it off sooner.

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    Customer ServiceStaff

    Reviewed Feb. 26, 2017

    I have equipment financing loan from Currency Capital and I have two trackers financed there. The equipment I bought spent the first month in the shop and I tried to explain that to the lady but she didn't want to listen to that. She called the dealer and they told her that they gave me a loaner. I got a loaner on the fourth time they had it in the shop. Then, I talked to the lady and we had it worked out that as long as I get the payment in by the end of the month, they are good. Now, they got to have it by the 21st. They're not working with me at all. They could've given me a break but that's okay. I'm about 3/4 done with a good-sized job, I'm gonna make them about three payments and I won't have to hear from them until I find somebody else. I'll get rid of them and I’m not happy at all.

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    Staff

    Reviewed Feb. 23, 2017

    I had several other places that would have given me a loan, but I would have gone somewhere else if the rep from Currency Capital didn't take the initiative in getting involved in what I was doing. She was awesome. The first night she called, we spent three hours trying to figure out what I needed the loan for and how it works. She knows more about it than most people in the world.

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    Punctuality & Speed

    Reviewed Feb. 22, 2017

    From the time that the money from my loan with Currency Capital was forwarded to me, I immediately had a payment due for the repayment back. So it didn't really allow me to use my capital in a more traditional way. But it's allowed for some smaller capital purchases which has been good. Also, I experienced a lot of back and forth with the relationship manager I worked with. Most of the information I was given would have been better to know the first time around so that I didn't have to do some steps a couple of times. And I didn't realize I had been approved for a much more significant loan until I proceeded with the current one. But for all time and purposes it's worked out and it's been rather seamless.

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    Staff

    Reviewed Feb. 21, 2017

    The weekly loan that I got from Currency Capital helped me get through rough times, and for some repairs and on-demands. My relationship manager and I have always gotten along fine. He always treated me with the utmost respect and gives me the best rates. Any future business, I'll just give it all to Jonathan of Currency Capital. If I had to deal with anybody, it would be him.

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    Staff

    Reviewed Feb. 20, 2017

    Everybody in Currency Capital has been positive and helpful. I got a small business loan leasing from them and the loan is very good to use to ensure capital on our business.

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    Reviewed Feb. 19, 2017

    I borrowed some equipment from Currency Capital, and so far so good. I’m still using it right now, though it’s got a learning curve.

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    Staff

    Reviewed Feb. 17, 2017

    I was ordering equipment for my restaurant and that's how I first got in contact with Currency Capital. The second time was for the operational loan. The loan is giving me enough capital to keep things growing better with employees and paying those few vendors off my back. Also, the person I talked to told me that it's better to build a relationship and then things will get better from there. It has been good with Currency Capital and I am fairly pleased.

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    Customer Service

    Reviewed Feb. 15, 2017

    I wanted to get some loan and Matt of Currency Capital helped me with the paperwork that I needed to provide and I've been able to go through everything. They explained all the things over the phone and through the email. I got a small business loan from them that I could use to buy materials. I'm glad I did it. My experience with them was okay and I would recommend them to friends.

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    Customer ServiceContract & TermsStaff

    Reviewed Feb. 14, 2017

    A guy named Anthony called me and said he hadn't heard back about an equipment loan that I had applied for. He said to me "Do you know you have been approved? I was wondering why you didn't respond back?" I said to Anthony, " I didn't know I was approved." He said all I need to do is get my invoiced together and email them over to him. He called the vendor and talked to them several times and the vendor sent him the equipment invoice. I was really pleased at first and excited to get the loan and even offered to send my bank statements to show proof of income. He said I didn't need to get them because they would use the equipment as collateral. I asked him 4 times on a recorded line if he was for sure in stone I was approved and Anthony said yes. So I went out of town for a couple of hours and then came home with no answer. I waited 2 weeks because Anthony said he was waiting on the underwriters to type everything up.

    The phone number I called kept going to voicemail with message box full. I called main office number in Los Angeles and they put me on hold each time and said they sent him emails to call me back. A week later which is today someone named Matt pulled up my account and told me they couldn't finance my equipment due to not having any credit. I thought to myself, the guy told me I didn't need credit. He said the equipment was collateral. Then I have everybody waiting for money that he said was approved and can't even call me to say I didn't get the loan? What kind of business is this? They sent me over a contract through DocuSign. He said my equipment had been approved. Why would a finance go through the vendor to get invoices without the customer getting approved?

    I read these reviews and even if I didn't have the credit like some of these others it still doesn't make it right to do all that work and lie to a customer, send a contract to make a person think they have the loan and then not have the nerve to answer the phone. If this company is such a great place to work for why would someone that works there do that to a small business that's depending on the word Yes?

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    Customer ServiceSales & MarketingStaffProcess

    Reviewed Feb. 14, 2017

    I ended up going with Currency Capital for my small business loan. I used it for equipment and for advertising as well and it helped us to get more business in. The relationship manager was knowledgeable and she helped me through all the process. If I had a question, she answered it right away. If she didn't know the answer, she would get me the answer. If somebody asked me about Currency, I would be glad to tell them to go with them.

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    Staff

    Reviewed Feb. 11, 2017

    Currency Capital provided excellent service. I received equipment leasing from them and the loan has made me more productive production-wise. Their people have been great. Hopefully, in the near future when I do get a lot more money, they can help me out again.

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    Reviewed Feb. 10, 2017

    When I started out thinking I could get a loan for a customer it all sounded too perfect... They told me they would send me a wire in the next three days after they verified my Business. I told them how urgent they had to pay for the machine they were buying. After two weeks went by they lie to me about 13 times and counting. They are the most unprofessional company I have ever dealt with. They will lie lie lie until you do what they say. So please anyone that ever wants to do business with them please stay away because they will only make your life a living nightmare. All of their reviews are fake Because I know a person that used to work there and they get paid to write fake reviews...

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    Staff

    Reviewed Feb. 9, 2017

    I got a loan from Currency Capital for a tow truck. We're doing roadside assistance and we started off with a small personal vehicle so adding a tow truck to our business helped us a lot with our income. The rep I dealt with was a very great person to work with, very friendly, and he'll do everything possible to help me out if I need anything. He was there to guide me when I had a bunch of questions so it was great. Everything's been good.

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    Reviewed Feb. 8, 2017

    I've done merchant loan with Currency Capital and it helped to get caught up on taxes and have a little bit of a cushion with the working capital. Overall, I'm happy with them.

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    Currency Company Information

    Company Name:
    Currency
    Address:
    12100 Wilshire Blvd
    State/Province:
    CA
    Postal Code:
    90025
    Country:
    United States
    Website:
    www.gocurrency.com