
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.
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Updated review: March 2, 2017
We were able to get a quick resolution to this misunderstanding. The company has issued a refund and so we are satisfied.
Original Review: Feb. 7, 2017
I was exploring both a capital loan and small business equipment "leasing loan". This company charged our business checking account $1507.00 without permission for a loan they never provided that we never agreed to. They made us fill out a "application" online where the document only lasted 60 minutes and was rushed through the application only to be told that this was a contract.
I made several phone calls to request refund for the debit from our account and discussed unprofessional business tactics being told he agreed to this contract and fine print says "we can debit your account just to start working with you." I was told the debit was for first month and last two months for loan we never received. When I tried to provide them with a piece of equipment that we would have liked to use a loan for, they told us it was not adequate. We stated we have no use for this loan if we can not use for this purchase.
Alex ** was the second sales person we dealt with. The first one Mike ** was the one who originally had us complete an application, disappeared after a few days. However Alex ** took over for Mike, was very aggressive and made a number of verbal commitments that were not true just to get us to complete "application" online which apparently gave them right to debit the checking account.
I am just looking for $1507 refund and any other debits made or will be made to be refunded and/or cancelled. When I asked for refund Alex said it was too late and company needed to be paid for their time and effort made despite never actually loaning us any money. This company has very deceptive sales tactics including: telling you one thing over phone like equipment loan versus "lease".
Until I saw the application I was told I would be getting loan to purchase equipment. When they showed me the application which I had to read online with expiring time line there was tons of information and fine print not reviewed by Alex with high pressure to sign. The amount debited $1507 was inappropriately debited from our account with no regard for where we were at in the loan exploration process.
The company name is Currency Cap or http://currencycap.com/. Consumers should be warned about the dealings, aggressive sales tactics, bait and switch techniques, and high pressure application process which is misleads consumers to think it is an application when it is a contract that allows them to debit your account before they do anything. Alex phone number **. I will settle for nothing less than a refund.
Reviewed Feb. 5, 2017
The gentleman at Currency Capital that I worked with, Dylan, was very helpful and explained everything to me. In fact, that's the reason I went with Currency. He was awesome, and I really appreciated him. He was there throughout, even late hours of the night if I called and needed something, and he answered all my questions. We worked online, and Dylan asked me for documentation, which I provided. We then went to a third party finance company. With the loan I got, we were able to obtain inventory.
Reviewed Feb. 2, 2017
When we learned about Currency Capital, we got in touch with them two months ago. We then decided to go with them because they were quick to act. We talked to their consultant and he was very friendly and answered all our questions.
Reviewed Feb. 1, 2017
Avoid this company. Horrible service, liars, took money out of my account without my consent. Now in a big battle to get money back to me. This place is a joke, avoid like the plague. Wish I could rate with negative stars or no stars but that isn't an option.

Hi Rachael -
We apologize for any delay from Currency due to internal miscommunication. Currency treats every consumer complaint with the utmost respect and sensitivity. Regarding this specific experience, Currency worked closely with the customer to agree upon a set amount of financing that fell within Currency's standard financing programs. The customer decided that they no longer wished to proceed with the funding process due to an inability to agree upon terms. Currency has seen issued a full refund for the customer.
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.
Reviewed Jan. 31, 2017
Currency Capital is as dishonest of a lending company as you will ever find. They contacted me about doing business with them. I normally do my financial business with local banks. But they made it sound like such a great deal you couldn't turn it down. I informed them what I need as far as terms and amount of money needed right away in our first phone conversation. The rep. that I was dealing with was Justin, I told him I wanted annual payments and told him I didn't want to pay any more than 6% interest. Justin said that would not be any problem at all. They informed me a day later that I was all approved to make my equipment purchase plus another $12,000 than what I asked for at the beginning.
After making the purchase is where the trouble really began. It took them forever to get the funds into my account which never happened. They told me I was all approved way in advance and to make that purchase, and then there was nothing but delays and excuses about why it wasn't getting funded. When they sent the paperwork to sign, the payments were monthly not annual like I requested, and the payments were almost double what it should have been. I did the math and the interest rate was 28% not the 6% originally agreed upon and it was a lease agreement not a purchase agreement. I was also dealing with Justin's manager Scott and they both lied every time they moved their lips.
If they were my employees I would fire the both of them on the spot. I told Scott to just forget it, I was tired of all the run around and got funding through my local bank in a 2 minute conversation over the phone. Now they refuse to refund the $1,750 that they took out of my account for the first 2 payments and their expenses. After I told Scott that I no longer need the funding because all the hassles and lies, both Scott and Justin started calling my cell phone none stop for about 15 minutes straight, I wouldn't answer the phone. They kept it up and wouldn't quit and started the next day the same way and lots of emails. Like I said, keep away they are so dishonest!!! So I guess they are keeping my money because they say they are entitled to it. I have all their text messages and emails and voicemails to prove everything.

Hi Darwin,
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 expressed in interest in receiving financing from Currency in which a Currency Account Executive worked with the client to begin the funding process. The customer and Currency were working together on obtaining funding for his business. Currency was able to secure an additional $12k more than what was initially asked for by the customer. The customer was approved by Currency and proceeded to go through standard procedures for funding. During this process Currency was obtaining information on the business that was required for the funding process in which the customer hot upset because the process was taking longer than expected. The customer was out of town on vacation so communication was much tougher than normal. Currency was not able to obtain important documents in an orderly fashion so we had to delay on our funding process in accordance with the documentation. The equipment that the customer was purchasing was also being re painted and specialized to the customer’s liking in which Currency had to wait until it was completed to obtain an invoice for the costs from the vendor. Currency maintained complete transparency during our funding process in regards to timing and pricing. Currency informed the customer multiple times that Currency would look into all term length options that would best suit the customer. The customer was well aware that the term was monthly when he signed funding document. The customer is ineligible for a refund due to the fact that the customer uni-laterally pulled out of the completed contract. Currency explained to the customer that we would keep his approval on file for a future purchase of equipment if the customer wanted to continue his funding process.
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.
Reviewed Jan. 29, 2017
We tried to get a loan to purchase a dump truck. The company turned the financing into a lease instead. During the process we were told that we would have to make the first and last months' payments upfront. Before we ever had any numbers, they withdrew money from our checking account. Later they told us that they didn't have the numbers correct and needed over $600 more. Finally another payment of over $100 was needed because they again made an error. It was around this time that the lady who was supposed to come for the final inspection of the truck started telling my husband things about this "lease." Among other issues, we discovered that there was going to be another $817 that wasn't in writing in order to complete the lease at the end.
While signing the lease I was worried about the fact that our contract contained a delivery and acceptance document. I asked why I would sign this before we got the truck and I was repeatedly reassured that it was standard procedure and that I would have a chance to review the truck and still back out if need be. We also discovered that the truck, that supposedly worked fine, was in need of major repairs that we could not afford to make if we continued. With our concerns about the lease and the truck itself, we decided that this was not the right move for our company. Our "representative" and his "boss" both told us that we signed a contract so we were not getting our money back. They tried to use that delivery and acceptance document against us.
They obviously didn't feel like that was good enough so they threw in another reason for ripping us off. We had been pre-approved for $12000 and would have to just find something else to buy with that money. They even said that the private party that we were trying to purchase the truck from would have to go out and find us another truck to purchase. They would not give us money back. We protested for weeks until the "boss" finally told us that we could file a claim to be reimbursed. Less than a week later we called and found out that we were DENIED. They have taken almost $2000 from us. It might not sound like a lot but it is huge for our small business. I am desperate to resolve this issue and get our money back!!!
Reviewed Jan. 28, 2017
I received $30,000 loan from Currency Capital. It was a very quick financing, which I needed, because bank loans take longer. It was expensive but because of the time issue, I was able to buy the used equipment that I didn’t have the cash for. I saved three times more money than the loan cost me. Their rep was great. However, once the loan was paid off, they didn’t immediately send me a paid-off notice, which was important to me for my other banking things that I do on a regular basis. They made me wait a week and I did not appreciate that. I felt like they weren’t responsive to my needs. But other than that, they were great. Customer service was awesome. It was very worthwhile. Although I’m not happy that I had to waylay other financing because of the delay, I still wouldn’t have been able to purchase the machines that I did without them.
Reviewed Jan. 26, 2017
I applied to Currency Capital via email and they called me back. I received a loan for equipment leasing worth $33,000 and it's going to increase my business because I needed the tow truck that I bought. My relationship manager was really helpful and he did pretty good. He called me, tried to get my loan approved and it was quick and done right away. So my experience was great.
Reviewed Jan. 24, 2017
I was looking to get a loan from them working with this guy William **. Went through all their paperwork, and told them I am going on vacation. While being on vacation they went into my account and stole $1159.00. When I got back, they proceeded to send me a contract to sign. I looked over it and the percentage was too high and terms were not good. I still had no idea they took money from my check and they didn't tell me. After reviewing their proposal I decided that this is not good fit for me. They kept pressing me on to sign the contract, and started calling like crazy, still no email, no voice mail that "hey we already took money out, a fee that we never told you about." So 10 days goes by and I go to reconcile my accounts and there I see they charged me. I call them back and they said, "sign the contract. You are not getting your money back."
I gave them no verbal or written permission to take money out of my account and they gave no indication they would. I gave them my checking info so they can deposit money for a loan for equipment. Instead they wanted me to sign a contract that was a lease and they own the equipment and at the end of the lease they would evaluate how much it is worth and then pay them 10% to buy the equipment off of them at that point on a 17,000 loan, and they wouldn't tell me how they would value the 10% at the end.
I was out of the country from 12/23/16 and got back late at night on 12/27/17. I got back to them on 12/28/17, after having time to review the contract and said this is not a good fit for me. They emailed and didn't say anything about my account having been already charged. Later I found out from the bank, had they told me the bank would have been able to stop the charge that day. I guess they knew better and didn't say anything so the money goes through. Stay away, they will steal money from you, not worth the risk.

Hi Robert,
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 expressed in interest in receiving financing from Currency in which a Currency Account Executive worked with the client to begin the funding process. The client agreed to financing terms with Currency and signed a mutually agreed upon contract authorizing Currency to withdraw the funds from the client's account beginning the funding process.
When the client returned from vacation, it came to Currency's attention that client was able to secure the funds from an alternative source to purchase the equipment and wished to no longer receive financing from Currency. Due to the fact that the client unilaterally backed out of the mutually agreed upon contract, the client is not qualified for a refund. Currency still holds an open approval for the customer shall the customer proceed with financing.
Once again, we apologize for any inconvenience you may have experienced 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.
Reviewed Jan. 23, 2017
Beware of the fine print and the repayment "discount" this company offers. Also, I have been dealing with contracts for 35 years and NEVER have I seen an agreement that did not have the option of opting out of the agreement if it was done within 3-5 business days. I originally had looked at an equipment lease for $37000 which would have cost $20,000 at the end of the lease. After checking into it more, I decided to cancel the agreement. NOT - so far it looks like it's going to cost $2,460 just to opt out the agreement. BEWARE. READ THE FINE PRINT.

Hi Jane,
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 had requested services from Currency for both Equipment Leasing and Working Capital and signed mutually agreed upon documents with a Currency Account Executive to move forward on one of Currency's programs. After signing the mutually agreed upon documents, Currency received an email that the customer wanted to cancel the already signed contract. Currency immediately called the customer and asked what changed and what the customer's concerns were. The customer stated that the equipment was too expensive in which Currency recommended the customer and Currency look at a lower price vehicle or a shorter term to reduce total number of payments. The customer stated that she wasn’t interested and wanted to cancel the previously signed contract.
Currency advised the customer that it was too late to cancel the signed contract since the customer had been approved in full and that the customer could apply her payments towards a different piece of equipment or that Currency could provide a separate program to recover the customers payments while the paperwork for the equipment was finalized. Currency presented a separate financing program offer with a repayment discount in which the customer did not accept. Due to a payment rejection from the customer's bank, Currency currently does not hold any of the customer's funds.
Once again, we apologize for any inconvenience you may have experienced 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.

Reviewed Jan. 23, 2017
My patience with Currency has run its course. We are a customer by default, since our account was purchased by Currency on a previous purchase of equipment, of which we have never missed a payment or have been late and are in good standings. And so for more than six months we have been receiving marketing calls from Currency to see if we need any added capital to buy more equipment. We finally caved and agreed to use Currency on our next equipment purchase. After negotiating a rate, and terms, we were approved, and the loan documents were sent via Email and signed via "Docusign". Meanwhile, on Currency's word and approval, we had committed to purchasing two pieces of equipment totaling a mere $6,300.00 or so.
Along with the loan documents, we gave our banking information agreeing that once the transaction was complete Currency would debit the first and last payment of the term. We waited almost a week thinking that the Representative had contacted the sellers and all was moving along. When we heard from one of the merchants demanding to be paid for the item, we called Currency and got no response. After checking our bank account, we found that Currency had taken the payments, and only after leaving a nasty message, got a response from the rep, stating that they had rescinded their approval without explanation, and promised that the payment would be sent immediately for the amount taken.
To date we have not received the payment, and it's going on to almost 3 weeks. Currency it seems, is in the business of taking funds without delivering on its word. They are the epitome of bad lenders. We will never do any further business with the likes of Currency and if we do not have our funds back this week will have no further option except to report this to the proper authorities. People beware of these people, they are not a lender to deal with. We have since purchased the equipment we originally set out to buy, with the help of a reputable lender. "The refund for $370.49 was processed and sent out "... This was the last correspondence from Nolan **, Currency's rep. two weeks ago, The infamous statement that the "check is in the mail".

Hi Tammy,
Thank you for contacting Currency. We sincerely apologize for the experience you have described. After investigating the case further, we have gathered the following details: Currency and the client discussed the option of financing equipment for the client's business for a number of weeks until the client decided they would purchase two pieces of equipment that would be financed through Currency. The client and Currency mutually agreed to terms and per standard operating procedure, the client had initial funds withdrawn from their account in which they were fully made aware of ahead of time.
After further review of the potential deal, the cost of the equipment to be financed was deemed not large enough to be financed through Currency's current financing programs. This message was immediately relayed to the client and a full refund was processed and sent to the client's address. The client has since received their refund in its entirety.
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.
Reviewed Jan. 19, 2017
Currency Capital is great. I had a loan for equipment rental with them and it made my business plan expand. The relationship manager was very pleasant and very easy to talk to.
Reviewed Jan. 18, 2017
I had a refinance deal with Currency Capital for a loan that I had through IMCA prior to the funding loan that I recently got from them. It helped me to buy stocks to be prepared for the slow time of the season. It was a very good experience and I appreciate all their help.
Reviewed Jan. 17, 2017
I Googled financial firms on the internet when I was trying to find a loan for lawn equipment and went with Currency Capital. It has made my business plans 100% possible because our other mowers were on their last legs and we had to get a new mower or we wouldn't be able to mow. Their rep was awesome, very knowledgeable and if she didn’t know the answer, she got the answer right away. She got back with me 100% of the time in a very timely manner. I was really happy with the experience. However, there were added fees that I wasn’t expecting but it wasn’t that bad. Other than that, I’m happy with them.
Reviewed Jan. 16, 2017
My husband and I applied for a loan. Before finalizing the deal we drove 500 miles to view a truck we were purchasing for our business, to find out it was fraud and there was no truck. When we discussed the matter with Rebecca our agent and advised we wanted to revamp this issue and go another route she explained they would not refund the money they stole in the amount of 1,408.16. This company is a fraud. Not only were we experiencing fraud from the seller but from the loan company too. When asked to justify keeping funds from a deal that was never funded, now we can't get them on the phone. Or a response to emails.

Hi Diana,
Thank you for contacting Currency. We sincerely apologize for the experience you have described. After investigating the case further, we have gathered the following details: The customer originally expressed interest in receiving financing from Currency for a box truck in which the customer proceeded with signing funding documents to approve the contract. During the final stages of the funding process, the customer decided not to move forward with their originally chosen vendor.
After deciding to not proceed forward with the customers original chosen vendor, the client decided they wanted to go a different direction wit the businesses and purchase a tractor trailer. Per the clients last conversation with their dedicated Currency Account Executive, the client was still searching for a truck to apply their approved financing towards. Currency's Account Executive attempted to reach the customer multiple times in which their was never a recorded response. The Account Executive never received a follow-up call or email from the client regarding a chosen truck.
Currency's Account Executive has recently reached out to the client and explained that it was our understanding that the client was in the process of searching for new equipment. After learning of the clients decision to not proceed with the funding transaction, the client's Account Executive has filed a refund request to reimburse the customer immediately.
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.
Reviewed Jan. 4, 2017
I had a very good experience. Stephanie and Eric made it so easy and stress free. I will be dealing with them when it comes to my business needs in the future! I strongly recommend your company for any business. Thanks again.
Reviewed Dec. 26, 2016
I was looking at a piece of equipment on eBay and there was a little button that I clicked on to apply for a financing with Currency Capital. I did an equipment leasing loan with them which has been helpful. I was able to add equipment that I'm gonna need to do a sizable job to start in the next month. Their rep has also been really good. He was easy to talk to and get a hold of so I had no problems at all. I would recommend Currency Capital to a friend.
Reviewed Dec. 25, 2016
I got a business loan from Currency Capital. They helped with the capital issue. Without this loan, in the short term, it would be more difficult because of capital issues. It would affect operations. On the other hand, it may have minor effect long term. I spoke with the relationship manager via phone and through email, then sent text messages to one another. The response times were quite good. It was good to know that there was a lender out there who could work with my current financial situation. Overall, it was a good experience. It moved quickly and I would recommend them to someone else if needed.
Reviewed Dec. 18, 2016
My cash advance from Currency Capital gave me a quick fix to a couple of issues I had. Overall there isn't anything horrible about it but it wasn’t an excellent experience either. It was pretty arduous as far as the process of it, having a liaison between Currency and then going into actual funding of the business or funding of it through a different company. I also had a lot of unnecessary paperwork digging that wasn’t clarified, which was a hindrance in the process. I would've cancelled it instead of taking any longer, but it’s taken so long that by that time I was pretty desperate.
Reviewed Dec. 13, 2016
I was hoping for a traditional loan from Currency Capital but unfortunately, I got a cash advance. Still, it helped with some funding needs for capital expansion. My business performance would have been a little strained without the loan. It would have survived, but the loan made it a little easier. I'm waiting on a response from my relationship manager to an inquiry I sent a couple of weeks ago and I hadn’t heard anything. He's been easy to contact up until this last time.
Reviewed Dec. 7, 2016
I sought a business loan from Currency Capital which helped me expand my business and grow my inventory. They got everything out for me and explained to me how to pay it back.
Reviewed Dec. 6, 2016
I received a business loan from Currency Capital. It gave me some cash flow that I've much needed at the time. It took some strain off of the issue. I've had a couple of interactions with their rep and these have always been good. My only issue is that when I applied for it, they didn't tell me I was gonna have about four hard pulls on my credit personally, from four different lenders. I lost a hundred points in my credit score. If they would've told me, I would've passed on it. Even their lender that eventually lent me did a soft pull. I'm not really happy about that part.
Reviewed Dec. 5, 2016
We were in a struggle and Currency Capital helped us a lot. We got a loan for a vehicle and the person I talked to was friendly, nice and really helpful. They were excellent and if I had the possibility to recommend them I will do so.
Reviewed Dec. 3, 2016
I received a standard loan for a truck from Currency Capital. The relationship manager was good and I have no complaints. She was able to answer all my questions and she was easy to contact. It was a positive experience with Currency Capital. It's a little slow to get the loan, but we got it done and that's all that matters. I'm happy.
Reviewed Dec. 2, 2016
I got a business loan from Currency Capital. It helped me to buy some new equipment and get my business on the right track. The relationship manager was well put together and he took care of what he’s supposed to take care of. However, I just thought the interest was a little over the top. But overall I had a good working experience with them and they were very efficient.
Reviewed Dec. 1, 2016
I've used them before and everything was fine, but this time the acct. rep was great but, I signed a contract for 36 months, but came back with "we can only do 18 months," putting the payments way too high for my small business. Don't feel like they appreciate return customers. If I treated my customers like this I'd be out of business. I feel like because I'm not doing big money, that not treated the same as the bigger customers.

Hi Darren,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: The client originally expressed interest in financing with Currency. After agreeing to proceed with the funding process, Currency was able to approve the client for an 18 month contract. The client’s Account Executive worked closely with the client to move the deal forward but the client was unsatisfied with the term length. We appreciate your business and are happy to move forward with the funding process if the client so chooses.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Dec. 1, 2016
My leasing loan from Currency Capital has made it easier to afford the equipment I need and be able to get it right away without having to outlay cash. Their staff has been very congenial and they always got back to me.
Reviewed Nov. 28, 2016
I have an equipment loan and a personal business loan from Currency Capital. The people working with them were good. They were timely and prompt on getting back to me and let me know what was going on. The loans gave me a little bit more freedom for being able to do some advertising and boost up the office.
Reviewed Nov. 22, 2016
Currency Capital approved my company for financing and they were supposed to finance a dump truck. Instead they sent me a lease agreement, removed over $2900 (first payment, last payment and doc fee) from my business account for a truck that they never purchased! CURRENCY CAPITAL said that they will not refund my company the money they stole even though they breached the contract and never purchased the vehicle. Please do your research on this company and stay away from these guys. They prey on start-ups and companies that don't have access to capital. They were going to finance me $25000 but wanted me to pay back over $65000 to their company after 4 years and still not own the vehicle. There are other options out there, please beware of CURRENCY CAPITAL.

Hi Shabere,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: The customer reached out to Currency after previously winning an auction on IronPlanet. After successfully winning the auction, the customer was approved from financing from Currency and began the funding process. As standard through Currency’s funding procedure, the customer signed loan documents authorizing the contract and financing.
With loan documents signed, Currency informed IronPlanet to expect payment for the customers purchase. The customer proceeded to unilaterally breach the loan contract with Currency. The customer was informed by Currency that the loan agreement the customer signed is un-cancellable which is clearly outlined in the loan agreement the customer signed. The customer is now in collections with IronPlanet for the unpaid auction piece. Due to the customers signed loan agreement, Currency did not breach the contract and is still able to fund the customers purchase if the customer chooses to move forward.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Nov. 21, 2016
My experience with this company was great. Guaranteed approval when you submit your information. They will let you know how they can help your company get funded for working capital to support your business. My financial agent helped me all the way until the deal was complete.
Reviewed Nov. 18, 2016
My boyfriend and I used Currency Capital because we needed extra funding for our small business. It turns out we were told that the payments would be 59.76 daily and there would be no payments taken out on weekends and holidays. That is not true. If there is a holiday and the bank is closed they take two payments a day on the following day that the bank opens. I went back over the contract and there it is in small print where most people don't notice enough to read.
Also, we had to pay 250.00 to have the paperwork processed thru currency capital and then we had to pay 300.00 to New Logic - which is a company that currency capital uses - once the money was deposited into our acct. We were never told about the 300.00. I got online a few days after the deposit to check our account and there was the 300.00 debit. I also went back and pulled all my emails to see if I missed something. All signatures were done docu-sign and now when I try to pull the contracts that were emailed to me there are no attachments attached to any of the emails. As for recommending this company I WILL NOT. They are misleading and untruthful. If you choose to use this company PLEASE be careful. Personally I would not use them and will never recommend them.
Reviewed Nov. 16, 2016
We secured a loan from Currency Capital in order for us to consolidate our business bills. We were having major difficulties with general contractors that we have done some big work for and they're slow payers so sometimes, it takes up to four or five months to get the bill paid. The money that Currency Capital gave us is getting us through right now. We have nine months to a year to pay it off, so the terms are decent. If you figure out the interest, it was a little high but better than the rest of them as far as that type of loan goes. And now we've started getting the money in from the general contractors so hopefully by next month, we're gonna have all of our debt caught up and are hoping to knock down this loan rather quickly after the first of the year.
My wife takes care of all the books in our company and she dealt with Miley who pushed the loan through for us really well. Miley stayed on top of everything and did the best of her part that she could do. As far as comparing them to the other companies that do what they do, Currency Capital has been the best overall.
Reviewed Nov. 15, 2016
The equipment loan from Currency Capital helped me buy equipment to get more business. It has helped tremendously. My business would be stagnant without it. Everyone I've spoken to over there has been really great.
Reviewed Nov. 13, 2016
Currency Capital sent me an advertisement which I thought was a secured credit card. I called the number and it turned out that it was business financing, short-term loans. I did a temporary business loan and then we got a lease with them for some equipment. Without it the loan, it would have been a stretch to cover some bills so it was very helpful for us. They were great to work with. They've absolutely accomplished what they said they could and got everything done in the time that we needed it done. So, I'm very happy with dealing with them and will continue to do business with them in the future on any other loans that I needed.
Reviewed Nov. 3, 2016
I was in the market for financing equipment so I put my name out and Currency Capital contacted me through email. It was supposed to be a loan and they said I was pre-approved but then it turned into a lease and it was one thing after another. It was like bait-and-switch. Said one thing, another thing came out. I'm not gonna lease a piece of equipment that I'm paying $20,000 for and it's $31,000 at the end of the three years that I'm paying them. I understand there's interest but they wanted almost a $4,500 security deposit plus the title of my dump truck. At the end of the three years, I can either give the tractor back and get my security deposit back or I let them keep the $4,450 as a payoff. They'll end up making $35,000 on my $18,000 backhoe. And it wasn't for me.
There's even a little bit of pressure to take the lease that they gave me and it was a little sketchy. They weren’t being upfront about everything. They told me that I can pay it off early and they gave me early payoff discounts. But that changed and none of it was true. I wasn't very happy so I did not take a loan out with them. I would never recommend them. They ended up setting me up with Snap Advances for a cash advance. I had the Snap Advance fortunately but there isn't much I can do about it.

Hi Paul,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: After speaking with the client’s Account Executive, the client expressed interest in receiving funding from Currency. The client agreed to move forward with the funding process and signed their application giving Currency permission to submit the client’s file for funding approval.
Currency’s lender partner presented terms to the client but the client hesitated because of there being no recourse for him if he were to miss a payment. The client is under the impression that if he misses one payment with Currency’s lender partner they will take the collateral, security deposit, the backhoe, and sue him for the reaming payments owed. The client did not feel comfortable moving forward knowing he was going to personally guarantee the deal and potentially open himself and his family to liability.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Updated review: Nov. 8, 2016
Again I am unsure of the way this works. I already marked this as resolved. Thanks!
Original Review: Nov. 2, 2016
I inquired about business loans on LendingTree.com. I was contacted by Joel of Currency Capital. He told me he could get me $20,000 in a "leasing" deal. My payments would be $658.00 per month for 60 months. I realize that the amount paid for the amount borrowed was pretty high, but Joel told me they report to the credit bureaus and I figured that the building of the credit would justify the cost. I signed a docusign document with the payment amount, but no principal amount... I should have been a bit more concerned with the fine print... it does say they keep the "first and last payment" pretty much no matter what. I thought we had a deal.
I was later told by Joel that I was not approved for the $20,000 as previously discussed, but I had been gotten a deal for $12,000 with payments of $610.00 a month... I need the equipment and the credit, but to agree to pay almost $30,000 for $12,000 in credit is simply borderline insane. I asked for a refund of my $1300 they took the very night I signed the document and was told that since they came to me with a deal they would not refund my money, it is my choice to not go forward so it's not their fault... anyways on the document I signed it does mention this as a term in the fine print, but it also says that the deal has to be approved on substantially the same terms as discussed... which it is not.
So my recommendation to anyone directed to this firm is to be extremely cautious and beware they will take your money and refuse to refund it when you do not take a deal that is not the deal discussed and differs substantially from the original amounts and terms discussed... this is a simple case of predatory lending and my court is going to define the term "substantially different".

Hi, Charles -
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.
The customer has successfully reached a resolution with Currency and issued a full refund. We highly encourage any further feedback to better improve our customer communication.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Nov. 2, 2016
I was searching for a machinery and I couldn't afford its total amount. I went through Currency Capital and got a business loan from them. They facilitated the payment for the machinery and were very helpful.
Reviewed Nov. 2, 2016
Our loan from Currency Capital helped to get us out of a bad situation pretty quick and it's worked so far. Their reps were friendly, business professional, and did everything they could to help. As of right now we're doing fine. They gave us what we needed and took care of us. I'm very satisfied and I would recommend them.
Reviewed Oct. 30, 2016
My manager is good, sharp, on it, and anytime I call him, he gets right back to me. Working capital loan has helped a lot, and our business is growing using it. Without the loan, I would be doing something else.
Reviewed Oct. 27, 2016
We went with them because of their response time. They were incredible and their representative, Jake, did a very good job. He was excellent, very professional, answered my questions quickly, and followed up on any requests that I had. From start to finish, we had the whole process done before the week's end. We started it in the beginning of the week, and two or three days later I knew that it was going to happen, and I was shocked. We received our contract by email. With them you could know if it's going to happen or not, whereas with banks the process takes from two to four weeks, and you start to plan on getting the loan, but a lot of times it doesn't happen.
It was for an inventory that we got a loan from them. We work on a cash basis, so this loan really helped on those slower months that we could use up our inventory. It put us in a better position. We're up almost 25% on sales this year. I'm very pleased. It's nice to have that type of service available to small business owners, so we really appreciate it.
Reviewed Oct. 26, 2016
Currency Capital was willing to work with me with no years of being in business so I went with them. We'd been struggling pretty hard at some point and having the loan allowed our business to keep operating. If we didn’t get funding at certain points, we’d probably be shut down for a week or so. They're really direct. If half a day goes by and I don’t get with them, they get to me to make sure we get it processed.
Reviewed Oct. 20, 2016
Currency Capital's relationship manager was good. The working capital loan I got from them helped me get back on track and catch things up a little bit. My experience was okay and I would recommend them.
Reviewed Oct. 19, 2016
So many other companies out there. This company has shady practices. They have reps that smooth talk, they are your friend, they are there to help you -- then you being trusting to a good rated company with good reviews (for the most part) sign your docusign paperwork. Then when you discover their shady business they get out of it saying "You signed the paperwork", "Can't you do the math?!" Even though what is on the paperwork is not what was promised. And oh.. well of course what was verbally agreed on doesn't count. So you're pretty much screwed, unless you want to ruin your credit.
MAKE SURE THAT WHATEVER is discussed verbally is followed up with an email. DO NOT let your contact 'go around' the question. GET a "YES", "NO", or "CORRECT" out of your response. Document via email all verbal conversations and get a firm acknowledgement out your contact. We are pretty much screwed. Beware. Don't finance with them.
Reviewed Oct. 19, 2016
I got some money through the Currency Capital program and it was fine. With the loan, we were able to buy more equipment and some advertising and raised our revenue for the year. With their relationship manager Ben, everything was great. He got back to me when I needed information and managed the process well. I received the contract electronically and I received it quick. It was easy to work with them. I wasn't too thrilled about paying all that interest but with my situation, I really didn't have a choice so it wasn't their fault.
Reviewed Oct. 14, 2016
I received a small business loan from Currency Capital. I was with another company before that was rather difficult to work with. They'd be like, "let's pay this loan back down 65%" or go about rules and regulations they didn't tell me about. On the other hand, Currency Capital was like, "you qualified for a $100,000", and they were gonna give me 80 now and then 10 two weeks from now.
When we start good-sized jobs, we can use that capital to mobilize, make payroll and then make it pay back every day. Instead of having to wait for a check to come in, we can keep current on all the bills on projects and then once their checks come in, the figure balances itself out, except for their exorbitant service fee. I was trying to job in to September and making preparations in the middle of September and the job was in two days, but their guys were quick and very easy to work with.
Reviewed Oct. 13, 2016
I financed a semi-truck through Currency Capital and it has been pretty good. However, I thought they could get it done faster and it actually took a long time to get it done. Working with my relationship manager was good and she did a great job, we got things by email but it went pretty slowly. We also had to switch back and forth a little bit from one truck to the other. They could get the process done faster. Plus, nobody seemed to be sure how much more information they needed all the time. They kept going back to dig out more and more information. And then, I was going to see about getting another truck and they wanted more information. That turned me off because they already have everything I had. I would've found a different loan somewhere else. Nevertheless, I'm really happy and everything worked out fine.
Reviewed Oct. 12, 2016
The whole setup from Currency Capital offered what we needed for our budget. It was very easy working with them, the rep has been really good and the contract we got was perfect timing. With the loan, we’re able to spend more money on marketing.
Reviewed Oct. 11, 2016
I went with Currency Capital due to their customer service. I've been with them for a good eight months now. We expanded our banquet room to make space for more seating. The process was good. Without our loan, our business would be less productive.
Reviewed Oct. 10, 2016
I was browsing on the web and came across Currency Capital. I looked up some things about them and gave them a shot, and everything worked out. The guy that I talked to was straight up with me. He told me how good the company was and I felt that he was being truthful to me. He told me exactly what he could do and if anything was to change, he would let me know. Every time he told me he was going to contact me or send me an email, he kept his word. That's what really bought me. Most of the guys that worked with me kept their word. If I call them and I couldn't get them on the phone, in 30 minutes they'd call me back which was really nice. And to me, when someone can keep their word, I can really do business with them. If I had a question that needed to be answered, their rep got right back with me within minutes sometimes.
CC helped my business a lot. I was renting trailers before and I won't have to rent from anybody now. I have my own trailer so I'm not limited to what I can do. It opened me up to different loads and there was stuff that I was missing on before that I wanted to do but couldn't because I don't own my trailer. I can now deal with who I want to deal with. I was talking to the rep about getting another 18-wheeler and I told him when that time comes, I will get in touch with him to do business again and I'm looking forward to that in the future. I received my contract in email and it wasn't long at all. When their rep would send any paperwork, they would give me a call to make sure that I got the paperwork, get it signed and back to him. That's how it was every time. It was easy working with them and it has been a good experience.
Reviewed Oct. 7, 2016
When I went online to look at a building, they suggested I talk to Currency Capital who then called me. The rep was very pleasant and very nice to talk to. He’s even returned my call, asked me how things were. Everything was absolutely wonderful and happened a lot faster than what I was expecting. They were great and I'm very happy with them.
Reviewed Oct. 6, 2016
I was contacted by Currency Capital and they told me they were a direct lender, not a loan broker. I was told they would only do a soft pull on my credit, not a hard pull without speaking to me first. I quickly received a notice from Experian of two unauthorized credit pulls. They claim that the disclosures allowed them to contact other lenders, but in my conversation with them I made it completely clear I DID NOT want them to contact other lenders. They are irresponsible and they lie. I told them to CEASE sending my application to ANYONE. I am pursuing legal action to get those credit pulls removed. Horrible company.

Hi Carol,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: After speaking with the client’s Account Executive, the client expressed interest in receiving funding from Currency. The client was informed that Currency is a direct lender and does in fact provide in-house financing. The client was also informed that Currency works with a multitude of lending partners in order to provide the best possible funding options for our clients.
The client agreed to move forward with the funding process and signed their application giving Currency permission to submit the client’s file for funding approval. It is during this step that there was a miscommunication with the client’s understand of the complete funding approval process. Currency accepts full responsibility for not presenting this process in a more clear and concise manner. Currency values each individual client’s information and privacy with the utmost respect.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Oct. 6, 2016
I got a small business loan and a purchase for some equipment from Currency Capital. Having the extra money and buying the equipment was helpful. I do that to build the credit. Everything was good with the manager that we talked to and he was very on top of it. However, it doesn't really do anything for me. My biggest concern is my interest rate that I feel like I paid too much on, and I only did it to build the stepping stone with Currency Capital. But next time around, if it's the same, I would have to go elsewhere. Other than that, the experience was pretty good.
Reviewed Oct. 4, 2016
I had an excellent experience with Currency Capital even if it was a longer process than I hoped for. The loan was for a group of equipment and Currency Capital authorized the seller who is local for me. Joel, my account rep from the company, took over corresponding with the guys from buying slightly used fitness equipment and I didn't get involved until I was told they're bringing the stuff at a particular date. That was excellent. Joel was very friendly and knowledgeable and even when I spoke to other people at Currency, they were very helpful and respectful of him and there was no bad mouthing. It came off like it was a family-type business which I also appreciate. They were really good with approval and payment schedules. When I call them up and they say they're gonna call back in an hour or two, they do.
What I also like about them is I didn't start paying until I received my equipment and approved it. That was really nice. When I leased equipment before, I had to pay two or three lease payments before it was sent out. We have a boxing gym and now have commercial-grade equipment for specific body parts that are beneficial towards boxing. So it gave me another dimension for my customers. I'm very satisfied. Currency Capital was able to take care of my situation which is hard to find nowadays.
Reviewed Oct. 3, 2016
We received an equipment loan from Currency Capital for a piece of equipment of ours. The manager was pretty knowledgeable and got us set up with the correct loan, so it went very well. They did helped with the equipment.
Reviewed Oct. 1, 2016
When we got equipment leasing from Currency Capital, our business changed 360. It has helped our business a lot. Their relationship manager did so well. She took care of everything. I have no issues nor complaints. I recommend them all the way.
Reviewed Sept. 29, 2016
I received an equipment and cash loan from Currency Capital and everything's been good so far. We have a seasonal issue during the summer and it got us through the summer. Without the loan, I would have been be a nervous wreck trying to get money together to cover that.
Reviewed Sept. 28, 2016
I’m starting a new business and I Googled small business loans. I clicked on the first item and didn't even know it was Currency. I filled out some information and Joel from Currency Capital got in touch with me immediately. My initial application was for some equipment and he asked how much equipment I was looking at. I told him $8,000. He said we'd start with that and then once it has been approved and if I needed more equipment for my business and working capital, then the application process would be a lot faster because they would have all my information on file.
Working with him wasn’t confusing. He would give me one thing to search for and once I sent it to him and it was approved, he went on to the next item. He didn’t continue with the next step until we were 100% on what we needed on the current step that we were taking. I really liked that part and didn’t feel bombarded. With my current two jobs and then trying to get my business started up, I felt I had a really good and manageable pace. He was very clear on everything. I was giving him all my personal information, and I trusted him. He was very nice and patient with me, which meant a lot to me because technology at my age can be challenging. Even when I ran across a bump in the road, he stayed on the line and we walked through every step on the computer. He made sure that I was on the right track and right page to make that piece of that document sent to him.
The process was easy and quick. I had a really good experience with Joel. I had gotten an email saying that if I wanted to pursue some more financing with Currency, that I had to verify that everything on file was current, which I did right away. I filled out the application. I just needed to scan and send it to the email address that was sent in that email.
Reviewed Sept. 26, 2016
I applied to Lending Tree online for a small business loan. Before I'd even completed the online form, lenders began calling me. One was a Ben ** from Currency Capital and the other was from Capital Advance Solutions. The latter company was very honest and made me submitted formal documents to prove my eligibility. But Ben from Currency Capital said he'd get me the loan, and I signed 3 Docusign contracts offering at first 21k, then 15K, then after submitting more documents, came down to 9k. Then a $540 withdrawal occurred from my business account. I immediately called Ben and he said it's a good sign and that the loan should fund shortly. Just to wait on everything to process. That was Sept 13, 2016.
Afterwards when no funding appeared I tried to call Ben, and email him and tried to call from various phone numbers. No reply, no callback, no email. Left up to me to solve, I went to my bank today and disputed the $540 withdrawal, and stopped future payments. Had I not been proactive and waited any longer, then I couldn't have done anything to get my money back. To payback the loan they were going to take automatic withdrawals out of my business account every day. The rate was like 25-30%. Ben promised I could pay off the loan early and restore myself to excellent credit. It was all a scam and now several other "lenders" have hit on my credit.
I learned a lesson - don't expect online lenders to be honest, I now have the "IRS" calling saying they are suing me and want all my SS and TIN #s. Who knows how far my info was spread. On the other hand Capital Advance Solutions rep actually told me he couldn't get me a loan, but for me to go get a secured credit card, buy gas once a month on it, pay it on time and call him back in a year. He assures me this is the ONLY way to get my credit score up. Hoping his advice will be fruitful - BEWARE CURRENCY CAPITAL - thieves.

Hi Penny,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: Currency initially spoke with the client in which the client expressed interest in financing a small business loan. Currency advised the client the next step in the funding process would be for Currency to secure the funding with a term sheet so Currency could go through with the funding. The client agreed and signed the initial term sheet.
Once initial term sheets were signed, Currency provided the necessary documentation to our financing partner to complete the funding of the deal. After conducting their own internal review, the lending partner lowered their initial offer due to seasonality concerns. Currency prepared new documentation in order to still fund the customer but once again, the financing partner declined the deal for the same reason they originally lowered the approval amount (seasonality concerns).
The customer was unable to contact her Account Executive due to the fact that the specific individual involved is no longer an employee of the company. Following the employee’s departure, Currency began our internal process of transferring the clients account to a separate Account Executive. We apologize for this miscommunication in which evidently caused your delay in communication. Currency attempted to submit a full refund to the customer but was declined due to the declination of the original withdrawal.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Sept. 26, 2016
I got a capital loan from Currency Capital and my relationship manager Nick calls to make sure everything is all right. They're really friendly and courteous. It was a pleasant and exceptional experience.
Reviewed Sept. 23, 2016
I had a broker connect me with Currency Capital to finance equipment that we needed. They offered different options and we picked out what we thought was the best one for us.
Reviewed Sept. 19, 2016
The loan I got from Currency Capital helped me expand my business like I want it to. Their relationship manager was very helpful. Everything went off pretty much without a hitch. So at this point, I’m happy.
Reviewed Sept. 16, 2016
Currency Capital seemed easy to deal with and they were quick to get me approved. I got my contract in a couple of days through email. Everything went good with the relationship manager. They were easy to deal with and got back to me quick. With my business loan, I was able to update my equipment and get better ones, too. The loan sped up production and business would be slower without it. Everything went smooth with Currency Capital. I recommended them to somebody else.
Reviewed Sept. 16, 2016
Agent Paul ** overpromises the timing of granting approval of additional funds, but since my payment deadline was missed I pursued other lending company which is need a Payoff Letter from Currency but my requests were ignored and no matter which number I called or which different agents I seek help from... All directed back to Paul. Who continues to ignore my requests! It's been over a week and still no sign of issuing a Payoff Letter. Horrible experience!

Hello Vincent,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: Currency was contacted by the client in regards to requesting additional funds for working capital. The client was approved on terms accepted by the client but Currency was unable to complete the deal due to process delays. Following this delay, the client no longer sought additional funding but requested a payoff letter for his previous existing loan with Currency and our lending partner. After receiving this request, Currency advised the client the best way to receive this information was to contact the lending partner directly.
We thank you for your business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Sept. 15, 2016
I received a capital loan from Currency Capital. It got me up to speed with everything I needed to do to make my business run smooth. David, the rep that helped me, was on point for the couple of days that he spent working with me. He was excellent.
Reviewed Sept. 9, 2016
I found out about Currency Capital through LendingTree. The rep was very pleasant to deal with. The loan I got allowed me to get equipment to expand for my business.
Reviewed Sept. 8, 2016
We got a loan from Currency Capital for a fork lift. Everything seemed to be going fine until we wanted payoff information to close out the loan early. We contacted our account executive multiple times via e-mail and left voice messages and never got a response. We called the customer service line 3 times and each time we were told that we would receive the information via e-mail within 1-2 business days. Here we are 3 weeks later and we still do not have the information. I finally got through to our account executive who I am sure only picked up her phone because I called from a number not stored in her caller ID and got the same answer, "you'll have the information today". This is completely unacceptable. And we still do not have our payoff information.

Hi Elisa,
We apologize for your experience with Currency in relation to the timing of receiving information regarding your payoff. After receiving your initial request for payoff information, Currency began our internal process of collecting this information and preparing our documentation. We make every effort to process every request as efficiently as possible. We have since confirmed with our Customer Service Team that you have received the aforementioned document pertaining to your request.
We thank you for your business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Sept. 2, 2016
I was approved for a $17,500 loan on 8/31 and the next day, I received a call stating that because the equipment that I was purchasing was used they could only finance $5000??? I was assured the night before that I was approved for the $17,500 and even signed all paperwork (Docusign). I was told to contact the seller and expect money in the morning! The creditors knew that this equipment was used when they approved me! This company should honor what they say. NOT A VERY RELIABLE COMPANY.

Hi Anthony,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: Currency initially spoke with the client in which the client expressed interest in financing equipment and doing it very quickly. Currency advised the client the next step in the funding process would be for Currency to secure the funding with a term sheet so Currency could go through with the purchase. The client agreed and signed the initial term sheet.
After conducting the initial review of the equipment, the client was not approved for the full amount because the equipment was an older boat than what was initially expected. After coming to the conclusion that Currency would not be able to approve the full amount for the used equipment, Currency immediately refunded all of the funds back to the client.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Aug. 28, 2016
Currency Capital was the first one to respond to me when I was looking for a financing company. With the loan that I got from them, I could focus on building the business and not the finance part. Otherwise, it would be a struggle. However, I've had additional withdrawals from my account and I want to find out why I have more than what was agreed upon within a given day. I sent them an email last week about it and I'm still waiting for a response.
Reviewed Aug. 26, 2016
Asked to sign docs without date, removed 4000 at once; No notice, receipt given. Joel ** said money would be returned, wrote email to confirm the return but reneged the next day and insisted on submitting financials and getting approval after one month later or a refund. I told him I do not need a loan; Truck has been purchased finally. I was told a 2% lease rate but I figured 32%. He said "How?" I said "Loan amount and payment and term will compute the rate of interest." At the time of the paperwork began and refused it then he said he would call the following Monday to finalize the document approval but never did.

Hello Enzo,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: The client initially came to agreement with the terms Currency presented. After signing the contract, the client was unreachable for up to 2 weeks after numerous attempts to contact the client by Currency. After eventually reaching the client, the client refused to provide Currency with the necessary documents Currency required to fund the deal.
It came to light that the client had requested a refund and would not send the required documentation to process the lease. After further research, Currency learned the client did not want to send the additional necessary documents to fund the deal because the client had financed the truck elsewhere after signing the initial contract with Currency. Due to the fact that the client unilaterally pulled out of the contract with Currency and financed the truck elsewhere, the client is ineligible for a refund.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Aug. 19, 2016
Very helpful for whatever you need. Many people should know that the customer service is the best and easiest part to use. Many people will give you just what you need. The process at first can be very hard to imagine but it's still useful for you so also keep that part in mind as well. Many people should take heed. The rates and terms are hard to get. Many people should be very careful in what they choose. So be wise about that. The online tools can be quite useful as well for whatever is needed.
Reviewed Aug. 16, 2016
I had an awesome experience with Currency Capital. They were very easy to work with and made getting financed a breeze. I will refer anyone that needs financing to this branch.
Reviewed Aug. 15, 2016
Speedy, user friendly, congenial.
Reviewed Aug. 9, 2016
I just got a 2016 Mac Dump trailer finance through them. They were awesome and Jake ** walk me right through it and everything is supposed to close on Friday. The payment was just what I had hoped it would be. I have to brag on Jake. He and Currency Capital has did this US Marine Veteran a great service. I can go out and work hard and pay them back on time, then in the future buy another truck and trailer. Thank you so much. Semper Fi.
Reviewed Aug. 8, 2016
I put out a request on LendingTree for some business financing for a piece of equipment I desperately needed for my company. In that request I heard back from Currency Capital. After several exchanged e-mails I was told the financing would be no problem and that I had to put down the first and last payments. Terms of 60 months roughly 15,000 financed with a payment in the mid 300s. The equipment would be mine at the end of the lease. This happened right before I needed to fly to Costa Rica so I put everything on hold until I returned. I was told this would also not be a problem. When I returned, I took delivery of the equipment and contacted my rep at Currency Capital again. I was sent over to another representative. I was sent an initial lease that matched the terms I was offered. Payment of $348.15 for 60 months. So I authorized the first and last to be debited ($696.30). After the payment was debited everything started changing.
The amount I approved for was cut almost in half with multiple excuses why none of which made any business sense. Nevertheless I was painted in a corner as I'd already taken delivery so I took several options off of the equipment and came up with the cash for about half down. Unbelievably my amount approved for was lowered a third time AND my sales rep requested a fraudulent invoice from my vendor for the amount financed (HALF the equipment's actual cost and value).
Final terms sent to me today were for over 110% interest 45-month term to finance $6500. They also had no notation of the $700 they had already taken! So, I was to sign, then pay ANOTHER $453.73 immediately. When I refused to sign this, as the terms had changed so drastically, I was told they were going to keep my first and last payment. This the worst case of bait and switch fraud I've ever had to deal with personally. I Strongly suggest you stay away from Currency Capital!

Hello Sam,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: The customer initially came to agreement with the terms Currency presented. The customer was then only approved for 50% of the amount. The customer was concerned that he would be paying an extra deposit with our partner lender, but was reassured by Currency that the customer would be refunded the amount he paid to the new amount with our partner lender.
The customer was unhappy because the vendor had already given him the equipment for an unknown reason. Currency was in contact with the customer on a daily basis throughout the business process. Evidently, the customer was not approved for the full amount because of an unqualified FICO score and no established credit history.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Aug. 4, 2016
Currency Capital contacted me a year ago and said they do leases and loans. The rep had all the answers, it seemed. I had another big company who was looking for leasing some big equipment then, and I told them no and went with Currency Capital instead. But we're not happy with them because what comes out of their mouths is not the same as what they put on the paper. We leased from them to get some equipment but they sold us out to somebody else so we've been their borrower for only a couple of days. The equipment was fine when we got it but things weren’t followed up on, things messed up from the get-go. Initially, they gave us quote for 12+ monthly payments. Then they sent a revised quote to include tax charges. It was my fault for not paying attention to what they sent us. But I would never recommend or use them again.
The manager told us things that didn’t actually happen. He told us that a check went out when in fact they sent two checks. We weren’t able to get the equipment in operation, so it took a lot longer. Due to delays, it cost us a lot of money. If I had known this was going to be that much of a headache, I would’ve self-financed it. It’s something that we would never do on our next five spaces. We will not use them for anything. We’ll be opening another one next year and another one thereafter over the next five years. The other finance company finally sent the contracts to me via email. But we did not receive them by mail or I may not be aware of it because I’m in California and my son is in Tucson, Arizona. And it was mailed later because it was signed via DocuSign, which was fine. But then not a good experience for us.

Hi Bob,
We apologize for your experience with Currency. After investigating the case, we have gathered the following information: Initially, there was a miscommunication on how much pre-funding the vendor was approved for and Currency. As a result, only 50% of the check was sent to the vendor due to this communication. After realizing this this error, the vendor was paid in full the next morning and there was no delay in getting them the equipment.
Once the deal funded, the vendor did not hold up their end of the deal on installing the equipment. The vendor's specialist never made it to install the lifts and the customer was forced to install the equipment themselves. Currency then helped the customer collect the money from the vendor they were initially charged for installation.
Due to an error in our accounting process, Currency mischarged the customer for interim rent. It was not until the agent looked further into the customer's payment history that we realized we overcharged the customer. The agent immediately resolved the situation and refunded the customer in full.
Once again, we sincerely apologize for your experience. This experience is not indicative of how Currency conducts business. If you have any further questions or concerns, please feel free to contact us at (800) -935-2178 or assist@currencycap.com.
Reviewed Aug. 1, 2016
Taking out a short-term loan from Currency Capital seemed to be an easy and quick solution for our cash flow. Their reps answered questions and gave us the information we needed. The process took about a week and a half. I thought it would be a little quicker.
Reviewed July 31, 2016
I got an equipment loan from Currency Capital and it's been great. I've been in the industry for eight years now so I knew that this piece of equipment and the technology, is advanced. It has helped immensely and people are just so happy with the results and it just continues getting happy clients and more client referrals, and expanding from there. So, it's been great to have that piece of equipment to be able to deliver those results.
The Currency Capital relationship manager was great, very thorough and fast in responding. I couldn't be happier. Everything was so perfect. They really have everything together, so I was very pleased. The process went very smoothly from start to finish which was really amazing. I look forward to getting this machine paid off, getting another unit, and definitely working with them again. Right now we're doing fine. But in the medical aesthetics industry, we have to continuously stay up-to-date with technology, and if we don't, we will fall behind.
Reviewed July 27, 2016
Once I submitted my documentation I never heard from this company by phone, fax, letter, or email.

Hello Sandy,
Our agent spoke to you and explained why we would not be able to move forward with your application. Please call us if you need further clarification.
Reviewed July 25, 2016
I took an equipment loan out from Currency Capital. The relationship manager was very helpful and the process was very easy. I was able to buy equipment that I normally wouldn't have been able to afford by spreading my payments out. Without it, it would take a lot longer to get the equipment I needed.
Reviewed July 22, 2016
We received a working capital loan from Currency Capital. We’re a continuing customer and we’ve never had a bad experience, so we continue with them. The guy that we dealt with was very good, on top of everything and very easy to work with. Everything went smoothly. The loan helped us to function day to day. We’re in our busy season now, which is good, and it has helped to achieve that. It would’ve been pretty slow to get everything going without the loan.
Reviewed July 21, 2016
I was behind in our shop payroll taxes and answered a promotional letter from Currency Capital. I dealt with Paul ** and from start to finish he exhibited extreme patience and integrity throughout our process. I had an existing loan from a competitor which he was able to pay off and still got me money to meet my tax obligation. I have done business with several loan companies in the past and found Paul to be the most honest and dedicated, and lowest rates of any others. I know that he went above and beyond my expectations and he always treated me as if I was his only and most important customer. He was always available to answer any and all of my most basic questions, and kept his word on all dealings. I hope he remains with the company and I look forward to working with him in the future for all my money/equipment needs. I will highly recommend him to anyone needed financial help.
Reviewed July 18, 2016
I was currently in the market for Equipment financing and came in contact with A gentleman by the name of David ** who works for Currency Capital. everything seemed good at first until he requested my Banking information to withdraw my first and last payment after an approval. This wasn't even a contract but what they call a "Loan Proposal". I was never told or made aware that a payment will be deducted from my Business account without an actual approval or signed contract.
Now I am not doubting or saying Currency Capital is a scam but their methods of how they conduct business is unethical and immoral. Within a few minutes of signing this "Loan Proposal" I contacted my source who I was going to purchase the equipment from and informed him that I have been pre-approved for a Loan. When I told him that the lender was Currency Capital, the first thing he asked me was if I filled out a "Loan Proposal." He then informed me that they were going to withdraw money from my account without an actual approval or signed contract and if they were unable to approve me for a loan that I would have a hard trouble getting my money back.
After hearing this I immediately emailed back David and told him that I no longer felt comfortable to continue with the loan. He did respond back and told me that the withdraw is a good faith and also a means of not wasting their time. I explained to him that this is unheard of and was not the proper way to conduct business. It's like going to a car dealer and before test driving a vehicle and speaking to a sales person you would need to provide a down payment to show a good faith of not wasting the sales persons’ time.
David assured me that I wouldn't receive an ACH withdrawal. Well a few days later after the 4th of July I went online and saw a withdrawal for $4,333.02. I am currently in dispute with my Bank and should be receiving back my money but at no point have I heard back from David or any representative from Currency Capital. So if you are reading this please do your research and look elsewhere. They are plenty of Equipment financing companies out there that will not collect a dime without an actual approval or signed contract.

Hello Daniel, We are sorry for the confusion caused by our business process. The reason the debit wasn't returned was that the bank statements you sent were believed to be fraudulent. As previously stated, please feel free to contact David for further clarification of this matter.
Reviewed July 9, 2016
We try to grow our business every year, and there’s been a couple of years since I’ve added inflatables to our inventory. We’re constantly adding inflatables so that we can grow. We got a loan from Currency Capital for a lease purchase for inflatables. Because of the loan, we were able to purchase more units of inflatables.
Reviewed July 3, 2016
I’ve been dealing with Currency Capital for over a year now. I got financing from them for some equipment for my work and I was able to buy the equipment I needed. Also, their rep was professional, productive, and pleasant. It's been a good experience dealing with him.
Reviewed June 29, 2016
I got an equipment leasing loan from Currency Capital and that got me into a bit of a business that needed to be in. It was very good with their rep and I liked the girl named Stephanie a lot. I've had no problems with them.
Reviewed June 26, 2016
We got equipment financing and working capital from Currency Capital, and it helped support the operating and spending of our company. The relationship manager we spoke with was very responsive and knows exactly what we're looking for so I was very at ease working with him. Overall, it was a great experience.
Reviewed June 25, 2016
The merchant loan that I received from Currency Capital gave an extra cash flow for my business. It helped me get to my business plan and I also had a payroll because of it. My business' performance would have been difficult without Currency Capital.
Reviewed June 24, 2016
I got a business loan from Currency Capital. Their relationship manager was wonderful and she guided me through the whole thing. I was very comfortable and we did a quick deal. And now this loan gives me a very healthy cash flow so that I never go below a certain amount while I’m earning capital. I’m now able to comfortably buy more studio time for the artists and any equipment that we need, we can get. Otherwise, there’d be some purchases that I would have to put off, maybe some studio. I’d have to cut down on some studio time or maybe not buy a guitar that we need to have.
Reviewed June 22, 2016
They promised me business financing and charged us $500 without providing any firm offers. Zachary ** even told me they would charge their processing fee after funding. They lie to customers!!!

We sent the client a term sheet with a $500 processing fee, which he signed. Client proceeded with the submission of fraudulent bank statements and hence forfeited his processing fee.
Reviewed June 21, 2016
We got an equipment leasing and working capital loan from Currency Capital. In this type of industry that we are in, sometimes the turnaround time for payment can take a while depending on releases so we need to keep afloat until those payments are made. They practically saved us at one point. We would have found a way out but it would have been harder. We dealt with Paul and he was excellent, went above and beyond for us, always reaching out to make sure we don't need anything. He's on top of things and we'll reach out to him as soon as it's necessary.
Reviewed June 19, 2016
I got a small business loan from Currency Capital. It was very quick and very good. It was simple and easy talking to their relationship manager. I liked it. I'll recommend Currency Capital.
Reviewed June 15, 2016
I received a working capital loan from Currency Capital but I don't like the payback not only for the high interest rate but also because it's a daily withdrawal. Other than that, everything went good.
Reviewed June 12, 2016
Dealing with Currency Capital was a little rocky at first, but it turned out good. Having the loan gave me some capital and I borrowed some more equipment. Without it, my business' performance would be a little tight.
Reviewed June 11, 2016
Worked with Alex from Currency Capital and I was instructed to lie to another company that they work with to receive my equipment. If denied I have proof. They also ACH or have you wire money to them and don't refund your money back when it's owed to you.They go through other companies to assist their funding needs, collect the money on behalf of the other company, even though the other company took the same amount of money. Don't anticipate a refund. Currency Capital also delayed my equipment by giving the vendor their contact information instead of mine and didn't return the vendor call, and my equipment was just placed on hold and then I was charged a pro-rata. Complete scam, and they commit fraud, they have to be sued and held accountable. They even gravitate towards people with start-up companies to get over on them. If you are a unhappy client of their company, leave a comment below.

The client signed the lease agreement then changed her mind about receiving funding from us. She is not eligible for a refund of any sort.
Reviewed June 7, 2016
I received a non-collateralized loan from Currency Capital. It helped us tremendously. We have a really, really busy year and we were looking for a working capital to get jobs off the ground and get them moving along. It would have been a whole lot more difficult without the loan. Moreover, communicating with their relationship manager has been very good.
Reviewed June 6, 2016
I got a lease from Currency Capital. Without it, I wouldn't have my business. I'm just starting and don't have any money and I could get anything because of the lease.
Reviewed May 31, 2016
I got a line of credit loan from Currency Capital. That helped to pay off some equipment purchases. It certainly would have been harder without it. The rep who assisted me by email was very straightforward. It was simple.
Reviewed May 29, 2016
The loan helped tremendously and I needed it. It's a little bit on the hard money and credit lines are a bit expensive but it’s done what it’s needed to do. My relationship manager did a great job and he’s the only individual I’ve had a connection with. I’ve communicated with him several times since on a couple of things and he’s been really good. He was very professional.
Reviewed May 28, 2016
My experience with Currency Capital was wonderful. The relationship manager I spoke with was great. I got equipment lease from them. The loan is all about efficiency for a small company, or any company. Adding that extra machine has greatly increased our productivity. Without it, my business would probably be in trouble right now.
Reviewed May 25, 2016
DO NOT USE THIS COMPANY. I was referred by a computer manufacturer to use this company and it has been nothing but a headache and downright theft. The online forms were fine but what they do not tell you is that they take your initial lease payment out even without an approval. They tell you in the contract that they need to review your account but never have I seen a company take money without an approval. They ACH the money immediately out of my account the VERY NEXT DAY. When I saw this I was livid because that afternoon I was turned down because they do not like my industry. I asked him as I saw the pending debit of 1535.00 and he said, "It is only pending and it would drop off." It dropped off alright... right into their pockets.
When I told the representative about what I plan to do in a email, Luke gave me a call from the firm stating he was on it. I asked him why I was denied and he said because the collateral was 100 percent software. I told him, "Did the representative even look at the invoice... it was 90 percent hardware." He said he would resubmit it correctly and follow up on my check. The following day I called and was told that it was going through the process and the check had to clear. I told him, "There was no check you went into the account and took the money and I can give you a bank statement to prove it." He said, "No, I understand your frustration and I will call you tonight." There was no call.
Wednesday I called and went through the direct line to get someone there that can make a decision. I was told that he was not available but he said my check would be mailed by Friday. He said I was denied due to my score yet in the pre-approval my score was fine and the reason I was denied because of my website industry. I asked why no one got back to me with the answer and he stated, "I am not sure." I said, "The least you can do is FedEx my check back" and he said he would not do this. I told them, "I don't want to file against you but it is wrong taking money, denying the client, and not putting the money back." The lesson to this story - DO NOT ever give this company your banking information as you may never see it again. I will be filing with my attorney and the BBB regarding this company.

Customer was issued a full refund.
Reviewed May 15, 2016
Currency Capital lent me money and I appreciate them helping me out. I had an excellent interaction with their rep who assisted me, kept me updated and always let me know what's going on. All went pretty smooth and it worked out great. Their interest rate is high, which probably is my fault because of my credit, but I needed the money so it's been a good experience.
Reviewed May 9, 2016
We had a lot of projects going on at that time and were running short of cash. The $50,000 working capital from Currency Capital kept us growing. Our interactions were outstanding. They were very helpful and we had no issues at all. We used the money, and in time, we paid it all off. It was a necessary loan at that time and it worked well for us, so it was all a good experience. I would definitely recommend them.
Reviewed May 3, 2016
I got a loan for vehicle equipment from Currency Capital and my experience has been great. The relationship manager was good.
Reviewed May 1, 2016
My experience with the Currency Capital was a good one. I got a loan for payroll and supplies and the relationship manager who helped me with the loan was courteous and nice. With the loan, I've gotten more capital, and I'd be looking for somebody else to give me some more money if I didn't get it.
Reviewed April 29, 2016
I used a nine-month loan from Currency Capital for the working capital of our business. We really needed it at the time and it helped us get through. The person I worked with did a very good job. Everything went smooth, and worked out well.
Reviewed April 26, 2016
Our loan from Currency Capital allowed us to pay off some expenses that we needed to pay. I talked to Stephanie and she was wonderful. Although we had a misconception that we were going through a credit union to get another line of credit because the interest rate was high. I was instructed and I even had our CPA call and speak with her. We wanted to make sure that we weren't going to have a problem with the early payoff, but we were never instructed that in doing the early payoff, the total amount of the loan is put upfront. We'd had it for 45 days and we had paid $13,000, and when we got ready to pay if off, we still owed $51,000. So it became extremely high to keep.
That’s why we were trying to figure out another way to pay it off, but it was disheartening. Currency Capital did work with us and gave us a discount because it wasn’t explained to us that way. We were paying in $1900 every week and we assumed some of that was going towards the principal, but none of that was happening. So my boss really went back and forth with them and in the end, they reached an amicable agreement between us where we were all happy. But on those merits, we wouldn’t ever do that again that way because we paid up $13,000 and when we got ready to pay it off 40 days later, we owed $50,000 and that’s what we started with.
Other than that, it was a great experience and Currency Capital moved quickly. They processed everything, always professional, never had a problem getting in contact with anyone even while we were going through that negotiation process. It was never an issue with somebody responding back. I just think they need to make people more aware, especially if people are looking to pay off early, what the repercussions are and that they charge people the full amount at the top. So when you're paying down, you're not getting to their principal until you get to the second or 90 days. That part needs to be explained better so that people can understand that. Overall, it's a great opportunity for any business that needs capital.
Reviewed April 24, 2016
We were looking into doing a little business expansion and Currency Capital took care of that for us these last few months ago. We got the working capital and finance of equipment from them. It helped us take on some larger jobs, which was the whole point. We ended up getting into some heavier construction, which we just didn't have the capital towards and it turned out to be a good thing. We're kind of an outdoor company and we used to do a lot of winter work, but in the West Coast, we don't have any more winter. So we got no more snow and ice and we had to make an adjustment and get back into construction. Without it, we'd be smaller so we've had the best experience yet with Currency Capital.
The guy we worked with, Andy **, had been doing this for a long time. He was the best finance guy that I've ever worked with. If somebody is ever doing a loan and they need somebody in their corner that's going to fight tooth and nail, it's him. He's fought to the wire of course to get all this and he worked very hard. I was impressed. It's like he took it personally whether or not everything worked for us or not. I normally don't say stuff like that and I'm kind of grumpy, but he was an interesting and a remarkable fellow. They ought to promote him and have him train everybody else to work like he does. He's very detailed-oriented and effective. It's very unusual these days to come across with someone like that.
Reviewed April 22, 2016
We got the things we needed to start our business through our loan from Currency Capital. The rep who assisted us was really good with all our needs. I had no problems with her. Sometimes getting back to her or her getting back to me was a little difficult, but I'm sure she’s dealing with a lot of other people. However, our interest rate is really high. If we did a full term, we're going to pay over double of what they're worth, so we want to get them paid off as soon as possible. Also, I found out recently they’ve taken money out of my account and I don’t know why. I still haven’t gotten an answer back.
Reviewed April 20, 2016
I regret doing business with Currency Capital every single day. They sold our phone number and contact details. Now, we are flooded with at least 15 phone calls a day from other companies asking if I need alternative financing. I don’t have time to answer calls that I don’t need. I only needed the loan for two weeks but now I’m stuck with it because there’s a prepayment penalty. I would not recommend Currency Capital to anyone.

Hello Debbie,
We are sorry to hear about your experience. We do not sell contact information of any sort, in fact, we receive our client's contact information from an online database, Dun & Bradstreet.
Reviewed April 19, 2016
I have been working with Currency for a few months now. I planned on buying another trailer to grow my company, but decided to not do it as my original business expansion fell through. I called Aaron ** and told him to cancel the loan. He told me that he had to talk to his funding department. Now it's been almost 2 weeks and was "finally" informed, I can't get my money back because of how far we are and I have to leave it for other equipment. After multiple calls and emails. I have already filled out a complaint on the BBB.org and in the process of legal action. I don't have possession of the trailer and have canceled after spending almost $900 or so on this transaction.

The client was made aware of the terms of the contract and asked if he would like to stay on the phone to go over the documentation prior to signing, to answer any questions he may have about the agreement. The client agreed as they proceeded to fill out and sign the documentation. The contract signed by the client discloses that customers will not receive money back after signing regardless if the deal moves forward or not.
Reviewed April 14, 2016
We got an equipment lease and another kind of loan from Currency Capital. I bought some equipment with the loan proceeds which we are getting on the roll to generate more revenue. Their relationship manager did an excellent job and it was pleasant working with her. She followed through, did her best and the transaction successfully came through. Although I wish the interest rate was better.
Reviewed April 7, 2016
I got an equipment loan from Currency Capital and it has enabled us to improve business productivity, increase our revenue, hire more people, and to provide more services. We needed more equipment and we didn’t have the working capital to purchase the equipment then, so they gave us a line of credit for equipment financing. Moreover, our interactions with the relationship manager have been good. She went straight to the point, told us what we needed, how to do it, what to do and what the documents that were needed. She was also in contact with Hotsy, the car-washing company that we purchased the equipment with. The experience was wonderful.
Reviewed April 6, 2016
They tell you a payment amount, take money from your bank for that first and last payments. Then they change the monthly payment amount at the last minute. These people steal your money. Never pay for any loan upfront. I should have known better. They will not refund my money. I paid for a loan service and I received nothing. I'm out almost $400. Stay away from Currency Capital.

Client signed all documents and agreed to all the terms. He did not have commercial insurance and was notified that he would need it in order to move forward. He received a quote but it didn’t work with his budget. He was also upset that his payment amount had increased, however he had already agreed to the terms. He decided he did not want to continue with the deal and wanted a refund. He was told we could not refund him as he had agreed to the terms and signed a contract. We had put in a lot of time and effort to get this done, per the agreed terms. He refused to move forward and said he had already rejected the ACH with his bank.
Reviewed April 5, 2016
We got a working capital, which provided us with some additional money to grow our business. It would be a little tighter for us without the loan. The Currency Capital rep was very helpful. It was a good and very easy experience.
Reviewed April 4, 2016
I got a working capital from Currency Capital. Our cash flow is usually low around the holidays so the loan helped out a lot. It would have been harder without it. Everyone has been nice and I'm very happy. Everything's going well.
Reviewed March 31, 2016
Everything was on point with Currency Capital. They're the first loan company I tried and I was sure when the rep called me that the offer was good. However, the lady I called for the deposit confused me because I filed the loan application for my company using my personal phone but she used my personal information, asked so many questions and never told me that the money was posted to my personal account. So I gave her the answer to the solution, she hung up and said they'll call me in 24 hours. But she never did and never posted the money for the company's account. I called again and the rep I talked with explained for me and Friday after this, everything was fixed.
On the other hand, the relationship manager in my account was very good. She always follows up, gave me good offers and everything went as expected. The only situation I don't like is we're doing a lot of sacrifice to pay the loan but nobody reported the credit. I want to build the credit of my corporation and pay $12,000. However, I don't understand why the people checking the credit and know when it's used, don't report the credit. They ask too much for getting the money but nothing for building the credit. Also, they offered fast solution but the APR is so high.
Reviewed March 29, 2016
I took a working capital loan from Currency Capital and it took care of what I needed to take care of for that month. It eased things up a little bit. The reps that I talked to were very friendly and the only thing I didn’t like is the daily deduction. But overall, they are good if you really need the money.
Reviewed March 27, 2016
I operate a Filipino newspaper in town here in Las Vegas and I was applying for a big capital, but Currency Capital said I could try a small one. Then, when I establish my relationship, then they can help me out more. So far, they're very good because they released me a working capital loan but it didn't help me at all because the amount is too small. It is a merchant account, a daily payment, so it's like I'm just returning back their money. But maybe a better program would help me, like a restructuring, which we're doing right now with my relationship manager, Andy.
Reviewed March 24, 2016
Currency Capital has been great. I received a business loan from them to help me with my business' cash flow. Without the loan, the performance of my business would have been fine but having it definitely helped. The relationship managers were great. They were straightforward and told me what I needed to do. I did it and the money was delivered when it needs to be. It was a reasonable experience. Their guidelines and what they needed and when I delivered - they were quick, made it comfortable and made it happen.
Reviewed March 22, 2016
I’m always looking to expand and do bigger projects so we contacted Currency for a $25,000 line of credit. Without this loan, I would’ve continued to be self-funded. They've been professional and did everything that they said they would do so I'm completely satisfied. I’m looking to expand again and since we've been 100% on-time maybe they can continue to do business with us.
Reviewed March 20, 2016
The loan that I got from Currency Capital helped with the cash flow of our business - the experience really provided us with a much-needed assistance. The Currency manager that I talked to was positive and overall, I had a good experience with them.
Reviewed March 9, 2016
I got a small loan from Currency Capital and everything went fine. I appreciate that they did a great job and I would recommend them.
Reviewed March 9, 2016
We entered into a contract with Currency for 2 pieces of equipment. After offering us 24 months and monthly terms and we signed and wired the money, Currency wanted to split the 2 pieces of equipment. The vendor said that was not uncommon. We signed for 1 piece of equipment and accepted the terms being told the 2nd contract would still have the same terms and figures according to contract signed and money wired. They lied. The 2nd contract was for 12 months and the payback had increased by almost double.
Finally after asking to talk with supervisors we spoke with Logan **. He informed us that Currency is not a mortgage company and that in this industry even if the terms are shorter the payback will increase. That is not an industry standard and the public should be aware of how Mr. ** and Currency do business. Mr. ** gave us 2 options, Currency would make the contract the same or issue the refund. They could not make the contract the same and said they would be sending us an email and refund within 24 hours. I did not receive either nor will they take my calls or answer my emails. The public should be aware of this bait-and-switch they offer and never sign or send money because they change all negotiations after receiving your money.
UPDATED ON 03/14/2016: I had previously written a review stating Currency owed us refund. They did mail a check but not the total amount. They sent only the check, no correspondence or explanation. But the difference still owed to us is the taxes to be paid to the State of Alabama. Financial Pacific Leasing holds the loan and I have documentation showing FPL is paying all outstanding taxes to the State of Alabama and accessing it with my monthly payment. Currency is holding the tax money but they will not be forwarding it to FPL, nor will they be paying it to the State of Alabama. Believe me, in our negotiations the tax situation was discussed and addressed by FPL, Currency, and the State of Alabama. Again, this is the way Currency does business.

Upon final review of the file the customer’s credit profile did not qualify for the currently offered program. Because of that change we have issued a refund of the amount indicated in full to the customer. Unfortunately we have no control over a customer’s credit profile and if the terms of a program change for any reason we issue a full refund to every customer.
Reviewed March 7, 2016
I got a working capital loan from Currency Capital which helped me to create some new projects. I really did appreciate the guy that I spoke with. He was awesomely friendly, very easy to get a hold of, and very easy to communicate with. He was really good and was full of knowledge. The best part about it was it was exactly how they explained it'd be. Everything was upfront and there were no surprises. That’s important to me. So far, there have been no problems. It's been easy and convenient.
Reviewed March 5, 2016
I applied for a business loan and was approved for almost $10,000. After I read carefully and signed through the papers I paid my deposit. After I paid my deposit they changed the numbers on me claiming it was gonna be $100 more a month. I then explained that was too much and not what we agreed upon. I told them no and I wanted my deposit back. I was then told I can't get my money back and if I didn't go through with the new numbers I won't get my money back. This company is a major scam artist taking money from hardworking Americans trying to create dreams and jobs for others. I highly recommend everyone to not go through with this company. I am a 6 yr vet and highly ashamed this company has got as far as they have.

Customer could not prove his stated time in business, we were awaiting the customer to call us back and provide that proof. We have spoken to customer and have issued a full refund due the customer lack of ability to prove his stated Time in Business. Customer also mentioned he would contact this review site to request the review gets taken down.
Reviewed March 4, 2016
I learned about Currency Capital when I called a different loan company and referred them to me. The people at Currency were very easy to work with. And the guys kept in contact with me all the time and made sure everything went according to plan and kept me in the loop. I’m very satisfied with my experience with them. They gave me a business loan, after the equipment loan. It let me get the equipment that I needed to help grow my business. The Capital relationship manager wasn’t very knowledgeable with the product that I was asking for but he did learn a lot of information in order to help me get what I needed. They’re willing to go the extra mile to make sure that you get what you need.
Reviewed March 1, 2016
The working capital loan that I got from Currency kept us afloat during a hard time. Working with them was easy. They called to check up on us to make sure we're doing well or if we needed anything else. They were able to work with what I needed.
Reviewed Feb. 27, 2016
I got a cash advance loan from Currency Capital and it helped me fill up an inventory. The loan gave me more of a comfortability because there’s a lot of pressure trying to move everything and having no fixed income. It made it not so stressful. They gave me a decent payment of monthly and it worked out pretty good. They also allowed me to refinance in 6 months and they gave me better and reasonable deals than what was out there. When I wasn’t happy with the first rate, the relationship manager, Jonathan, worked with me to get me a better rate. Overall, the turnaround was fast and I got what I wanted.
Reviewed Feb. 24, 2016
Getting a commercial business loan from Currency Capital definitely makes our business a lot easier. Their manager is also very helpful and informative. He's kind of a lifeline which is incredible.
Reviewed Feb. 21, 2016
Currency Capital's customer service was excellent. My experience with them has been wonderful and I would recommend them.
Reviewed Feb. 10, 2016
We received credit card in the mail with the name Wilko ** on the top line and our business name on the second line. We don't know this person. He is not part of our business and we did not apply for credit or a line of credit. According to other reviews this is not a new advertising approach they are using. In the scamming world we all live in these days... SHAME on you for such liberties! Printing our business name on a credit card with another fake name is fraudulent. I'm sure this practice must be illegal and at the very least is unethical.

Hello Rebecca,
We would like to apologize for this miscommunication. We received your information from Dun & Bradstreet, a public database. What we sent in the mail is an invitation to apply for credit. We fund thousands of small to medium sized businesses each month and have many happy customers, as a result. Your business will be removed from our database. If you have any further questions or concerns please call us at 800-795-9260.
Reviewed Feb. 10, 2016
I tried to buy a generator. I was buying it to resell it and they wanted to lease it to me so I couldn’t resell it. It didn't work at all and it’s not what was represented on eBay. But other than that there is no complaint. They wanted a deposit and eventually gave that back. They were good as far as anything we've tried to do and were friendly.

Hi John,
We apologize if our process was unclear to you on eBay. Glad that the rest of your experience with Currency Capital was positive.
Reviewed Feb. 3, 2016
I got a business loan from Currency Capital, and it has helped me with paying payroll, among other things. It was great each time I went to them. They got the loan for me.
Reviewed Feb. 2, 2016
Hi. On January 16, 2016 I was online searching and I saw this company that offers equipment loans. So I applied, not know if I get it or not. On Monday January 18, 2016 I got a text from a Andy that works at Currency Capital. And the text read "Hey Cleon this is Andy from Currency Capital. We need to talk about your approval terms, can you please call me. **." So called that number not thinking on terms of getting a loan but just see what Andy had to say. So I told him the amount I need was $3,000.00 for some equipment. So he says "OK you are approved for the $3,000 and your payments will be $135.00 for 36 months" and he will need the first and last months payment. So I signed the term sheet and sent him a voided check for the amount. So Andy calls me back the next day and says "We have a problem. We can't do a loan for $3,000 but the underwriters do a loan for $5,000 because you have a tax lien for your 2007 taxes."
So I'm saying "Wow. How is that so?" I just told Andy "Never about that. I just want my deposit money back." He told me I could not get it back so I need to find some more equipment adding up to $5,000. So then I called him and told him I do not need $5,000 of equipment because I can't afford that high payment. Then he told me can do a loan for $3,199.00. Then I was still not happy but I did it because I could not get my back. So I did another term sheet and thinking all the time about the payment. Still want to cancel the loan. Then on Thursday January 28,2016 I got a call from another company, I guess it was the leasing company, and she told what my payment would so I got to thinking, why are my payments so high?
When I started this the payments were $135 and they are $199 something is not right. So called her back and cancelled. Then call Andy and told him "I Do Not want the loan. I just want my deposit back" and then he said "Why?" And I told him "I would be paying almost $8,000 for this loan and I'm not doing the loan." I never got anything from Currency. I just want my refund of my deposit of $622.78 back into my bank account.

The funding process had been completed, and you completed a verbal authorization of release of funds to your chosen vendor. When you called back the next day to cancel your lease, we unwound your lease at your request but in doing so we made you aware that the first and last payment and fees would not be refunded because we had already incurred all costs in funding your transaction. That money would be deemed as earned as outlined in the agreement you signed and then verbally agreed to on a recorded call. If you have any further questions or concerns, please call us at 800-795-9260.
Reviewed Jan. 30, 2016
I had a fire at my business storage unit and lost everything. Currency Capital was able to help me get my business back up and running quickly. The transactions were smooth. Their Relationship Manager was awesome. He was very knowledgeable, friendly and courteous. He was prompt to get back with me regarding any questions I had. It was a very pleasant and wonderful experience.
Reviewed Jan. 29, 2016
I received an unsolicited credit line in addition to what seems to be a credit card. I contacted the company to inquire the nature of this unsolicited offer. I spoke with a representative named Tiffany **. I found her to be very rude, combative and unprofessional. She continued to give her pitch on the credit line. I'm aggravated I had to waste my time inquiring about this. This appears to be some sort of scam... My gut instinct is to warn anyone who receives this unsolicited offer. Although I do not have any evidence verifying my suspicion there are multiple negative responses like mine. Do your own due diligence. They should be ashamed of themselves for the unprofessionalism I and many other have experienced. I will be attempting to forward this to the appropriate governing bodies that protect the consumer.

Hi John,
Firstly, we would like to apologize for the confusion about our mail and the way you were treated over the phone. What we sent you is a preapproval and invitation to apply for credit. We fund thousands of small to medium sized businesses each month and we receive their information from a public database called Dun & Bradstreet. You will be removed from our database. If you have any further questions or concerns, we would be happy to assist you at 800-795-9260.
Reviewed Jan. 26, 2016
I received an $8500 business loan from Currency Capital. The money came in fast. I was able to get our truck on the road, got it licensed and at a shop with this loan. The Relationship Manager was really good to deal with. I emailed her, talked to her when I have a question. She was easy to get a hold of. She gave me all the correct information and told me who to get hold of. It’s just the interest rate was so high.
Reviewed Jan. 22, 2016
My account was overdrafted $20,000 on a $65,000 loan by a company called Mantis Funding due to the Currency Capital's brokerage relationship with Mantis. Instead of assuming responsibility for this huge mishap, Currency Capital informed me that they would be shedding any responsibility for Mantis' actions, although Currency assigned this company to my loans. It took three weeks for me to get my money back, and even still, my books are unbalanced. I will never work with Currency Capital or Mantis Funding in the future. As a Business Operator myself, I find their tactics to be lazy and unorganized, and they need to take responsibility for their customers and whichever companies they are sourcing out to without consumers' knowledge. Why they would allow Mantis to overdraft on my loan, I have no idea, but the public should be made aware that I believe they are much more trouble than the shoddy services they provide.

The funding company ach too many payments due to an accounting software error. The error has been fixed and you have been refunded the full monies owed via wire. As the referring partner, we did our best to make sure the monies were refunded to you, which they were.
Reviewed Dec. 24, 2015
Received this card today and immediately phoned their customer service number. We specified in no uncertain terms that we wanted all our contact information removed from their records and that no more mailings or telephone calls were to be directed to us. The rep was courteous enough, but also launched into a sales pitch for the "business loan". In the end, he agreed to do as we asked.
We are worried that anyone who got their hands on this mailing could activate the credit card in our business name, but the literature with the card does state that the loan is only activated after "verifying banking and trade relationships and obtaining credit reports", and we have blocked access to all three of the credit reporting agency accounts, so feel fairly certain that we are well protected.
As an aside to this posting, it is especially enraging to see so many obviously phony positive postings on this site, praising Currency Capital and their practices. Companies who try to load a very useful reporting system like ConsumerAffairs.com in their favor should realize how totally unethical this reveals them to be, and how it reflects on their business practices in general. How could anyone be fooled?

Sorry about the confusion caused by our mailing to you. As stated on the literature, we do undergo a rigorous process which includes verifying banking information and business owner identity, among many other things. Meaning if that card was in anyone else’s possession, they wouldn’t be able to do anything with it. It is unfortunate that you have such a negative view of our company without really knowing what we do. We help thousands of small to medium sized businesses to grow each month by providing funding. We would be happy to refer you to some of those business owners. To confirm, you have been removed from our database. If you have any other questions, don’t hesitate to call us at 1 800 795 9260.
Reviewed Dec. 18, 2015
I received an unsolicited credit card in the mail from Currency. I have no clue who this company is. It has my real name & a real card number & the only number provided is to activate the card. I never asked for this. I am forwarding it to the FL. Attorney General's office. Anyone could have gotten this by mistake in the mail, opened it, & activated credit in my named! I'm furious. This company is running some kind of scam. I hope the Attorney General takes some action because this kind of thing must be illegal. I'll also forward to the CFPB & FTC. Currency whoever you are get out of my life!

We would like to apologize for the confusion caused by our letter. We received your information from a public database, Dun & Bradstreet. What we sent you serves as a preapproval and invitation to apply for credit. Nothing can be done with this card without your authorization. Furthermore, we have a rigorous process in place to verify business owner identity and financial information. You will be removed from our database, if you have any questions or concerns please call us at 800-795-9260.
Reviewed Nov. 10, 2015
An unsolicited card arrives in the mail with a $150,000 credit. You call to inquire and they tell you "as a small business owner you've qualified for a loan." I don't know these people. I've never heard of these people and I certainly didn't contact them. My credit is frozen against identity theft. No one legit offers money or does business this way. I told them I did _NOT_ want to activate the card. I told them I wanted Currency Capital to delete my information from their database, which they chuckled at, and still they continued to offer the money. There may be no specific law against how they are doing business but I would _NEVER_ have any association with this type of lender.

We apologize for the way you were treated over the phone and the confusion caused by our mail offer. On the contrary, most financial institutions offer both preexisting and potential customers preapproval offers. We would like to assure you that this is no different. We require customers to undergo a vigorous process before we can approve funding. We have many happy clients and you can verify that through Better Business Bureau, Consumer Affairs and Business Consumer Alliance. Regardless, you will be removed from our database and again we apologize.
Reviewed Oct. 31, 2015
I received yesterday a Currency Capital unsolicited credit card with only instructions on how to activate it. Very similar to a real credit card account. My first thought was that my identity had been stolen. I called the number on the card to find out about the company, since I had never heard of them and had not applied for a card. I asked only for the physical mailing address of the company and an explanation of Currency's business. The rep refused to give me any information unless I gave him the card account number. Which I did not, concerned it would activate the card. My identity and my business identity is something I work hard to protect.
The unsolicited card activation approach and the unwillingness (and rudeness) by the rep to provide any basic information about the company, unfortunately affirmed my concerns about the integrity of this company. Can someone tell me how to make sure personal information is removed from Currency Capital's records so I am never solicited again? I will watch for posts on this site for the answer. Thank you.

We would like to apologize for your experience and ensure you that identity protection is important to us. We are a private lending company that’s been in business since 2001. We fund thousands of small to medium sized businesses each month. We would like to assure you that the card sent in the mail serves only as a pre-approval and invitation to apply for credit. We have a rigorous, multi-step process in place to confirm business owner’s identity and financial information. You will be removed from our database and again apologize for this experience. If you have any other questions or concerns, please call us at 1-800-795-9260.
Reviewed Oct. 29, 2015
Currency Capital did everything properly. I had an excellent experience with them, and I would recommend them.
Reviewed Oct. 27, 2015
Currency Capital was good. At the end of the day we accomplished what we set out to accomplish. And that was what's important.
Reviewed Oct. 25, 2015
My Currency Capital representative was phenomenal. She worked with me through day 1 and I enjoyed working with her. I was put on hold, but she kept encouraging me. She told me to hang in there, and said the loan is going to happen. Her hospitality was impeccable. The first thing that we did was to get some transportation so we can make it easier for my clients to get to their meetings. I'm on a rehab and we were down to seven passengers and I was doing three trips a day. Now, we only go on one trip. Currency Capital helped us out a lot and they come highly recommendable.
Reviewed Oct. 22, 2015
The loan was used to repair my truck and get it operational. The person who helped me was great. Everything was good, and I had no problem with Currency Capital.
Reviewed Oct. 20, 2015
With the loan from Currency Capital, I was able to buy some machines for my business. Their relationship managers were good, too.
Reviewed Oct. 18, 2015
Currency Capital was great. Everything went really smooth and I'm happy with my experience.
Reviewed Oct. 16, 2015
Currency Capital bridges the gap I needed to get going with this new project which is starting now. Their capital manager is great and she went all they way to make it work. I would recommend them to a friend.
Reviewed Oct. 14, 2015
Overall, my experience with Currency Capital was excellent! It was very easy and seamless.
Currency Company Information
- Company Name:
- Currency
- Address:
- 12100 Wilshire Blvd
- State/Province:
- CA
- Postal Code:
- 90025
- Country:
- United States
- Website:
- www.gocurrency.com
