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    ComplaintsforSellersFi

    Small Business Loans
    View Business profile
    View Business profileBBB accredited business

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    Complaint Details

    Note that complaint text that is displayed might not represent all complaints filed with BBB. See details.

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    Complaint Status
    Complaint Type
    • Complaint Type:
      Billing Issues
      Status:
      Resolved
      This company gave me a loan last year, due to business problems, I defaulted on payments and they sent me to a ****************** I reached an agreement with this company last year, and all payments are on time.They have placed a UCC on my company with all payment processors when they have not stopped receiving their money according to our agreement.****, my company is right, because they are receiving the payments accordingly.I tried to contact the legal department and they won't let me talk to them on the phone, they just tell me to send an email and they don't respond to the email.

      Business response

      05/28/2024

      Thank you for bringing this matter to our attention. As we communicated to you last week through email, there was a significant delay by your payment processor in processing our request, from late last year, to exercise our security interest in relation to the arears owed on your account which ultimately resulted in a temporary interruption to your payment processors account. Upon discovery of the delay, we have instructed your payment processor to remove any hold they placed for the benefit of SellersFi immediately. If you have any further questions or concerns, please do not hesitate to contact us at ******************************************. 

      Customer response

      05/28/2024

      Better Business Bureau:

      I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me and the matter has been resolved.

      Sincerely,

      *********************



       

    • Complaint Type:
      Product Issues
      Status:
      Answered
      This business has been illegally holding money that belongs to me for weeks, and although I have contacted them many times, they have not responded to my e-mails or support messages on the whatsapp application.When I wanted to leave due to the problem we had with the business before this, he did not refund the balance inside and still did not take a step to pay.It is illegal to keep money that belongs to me for weeks without any reason.And today they closed my account. You can find all documents attached. ********************* NOXUS LLC - Ceo ***************************************************************************************** *************** A company that I received advance payment to expand my business. Since I started using this company, instead of growing, my company has lost thousands of dollars and continues to do so.

      Business response

      03/28/2022

      A certain number of our customers have been experiencing a temporary freeze of their business card because of Due Diligence matters affecting our Business Card partner. SellersFunding has provided direct communication regarding this matter to the affected customers and will also inform them of its resolution in due course. ************************* and his company, Noxus LLC, have not been treated differently. At SellersFunding, we are committed to treating all of our customers fairly and, therefore, we take customer service issues very seriously and strive to resolve these matters as swiftly as possible.   
    • Complaint Type:
      Service or Repair Issues
      Status:
      Answered
      Sellers Funding is a complete SCAM company and stole my account balance without warning and refuses to return the amount owed. They stopped answering my calls and now being investigated for financial crimes in **************. Do not trust these bandits it is a complete scam!

      Business response

      12/17/2021

      In alignment with regulatory requirements, SellersFunding is obliged to verify the source of incoming funds prior to its release to the designated beneficiary account. In certain situations, SellersFunding may need to request additional documentary evidence to support the transaction. Obtaining the appropriate documentation may, at times, result in a lengthy turnaround time between the customer and us. As part of our protocol, ********************** has been in verbal and written communication with the customer on an ongoing basis.


      We kindly suggest for the customer to contact his designated Customer Success Manager for further clarification.

       

      With best regards,

      SellersFunding Compliance Team

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