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First Down Funding


Country United States
State Maryland
City Annapolis
Address 27 Maryland Ave
Phone (410) 320-8542
Website http://www.firstdownfunding.com

First Down Funding Reviews

  • Apr 21, 2016

Trying to expand my business, I reached out to First Down Funding back in June of 2015. After a short process, of which every phone call or email was responded to immediately, I was told the amount my company qualifies for. Monies were received and all was going well. Then I was double billed. When I started asking questions the communication became less and less. I never get an answer. Ever.

I am now attempting to do another expansion. Having used them, and being promised the people I had been dealing with were no longer there, I decided to give it another go. Once again the initial communication was immediate and direct. Once I began asking questions... well lets just say I had to resort to Managements, management, of which I received NO phone calls or emails. Instead the person I was dealing with called me 3 days later. Supposedly the 2nd half of the promised funds were to be done immediately. Well,,, that was 2 weeks ago, all of my docs were completed then, and..... nope. The only email I got was 9/28 stating my file was being reviewed. This is after I was approved, after I filled out and signed the contracts, and after the communication stopped. I won't reccomend these people to competitors, and d**n sure not to friends.

  • Dec 9, 2015

First Down Funding is composed of an expert team, with years of industry experience. We are committed to accommodating all your needs as a business owner. We are an alternative business financial provider offering exclusive business funding options. As an Originator, we presently have multiple in house funders concentrated on specific advance types. However, in our quest to help all businesses we have partnered with Eight (8) independent business cash advance companies. With this relationship, First Down Funding is able to accomplish deals that our competitors cannot. Because of our successful relationships with our syndicate partners we are able to get deals done that have been turned down by our competitors.

First Down Funding has realized that as our company and industry has grown the need for innovation and creativity has increased. While most of our competitors will require clients to switch processing, we realize that sometimes it is not in the best interest of the client to do so. We can get you funding without you switching processors.

First Down Funding averages approvals on 80% of the applications that we receive, so why wait? Our streamlined application is quick and has no risk and no commitment. Apply today and we can start working with you to take your business to the next level. With the investments that will be made possible to your business through a merchant cash advance through First Down Funding, you can get your business moving toward success.

Credit history is not important

Our repayment terms are flexible - you'll pay a set percentage of your sales back each month - not a fixed sum

There's no need for you to provide things like historic tax returns or a business plan in order to be approved

We won't demand collateral

Our application process is quick and easy - you don't need to jump through hoop after hoop like you do with a bank loan

Approvals typically take under 24 hours - the finance you need can be with you in just 7 days

We have a very high pre-approval rate for business cash advances, because we lend to businesses that other institutions refuse to deal with. Due to the high percentage of approvals here at First Down Funding it's fair to say you stand a great chance of securing the capital that you need from us. Find out within 24 hours whether we can help you or not.

  • Dec 3, 2015

We were contacted by an asian speaking representative telling us that we were apporoved for a business loan. We were interested, so asked for the application. Once filled out, we were contacted by Paul, who stated he was the senior loan agent. He advised that he "fought" for our loan and we were approved to be funded. He told us the terms would start at daily repayment, then after 10 consecutive payments, they would go to weekly or bi-weekly. After receiving a form requesting my bank log in passwords and information, I began to question, why they would need such information. I refuse that option, and he sends me a link for Decision Logic. This is supposed to be an on-line bank verification service. After completing it, the next day, I call and send an email checking on the status of our funding. I then receive another form teling me that I have to authorize another $299.00 to be taken out of my business account. No explanation, no call, just the form. After finally getting Paul to return my call,and asking him questions about this amount, he rersponds" I don't have to answer you, I will just hang up the call."

This confirmed what the previous report on this company stated. They are predators looking to obtain business financial information. I sent an email requesting the documents I sent back, but have yet to receive them. DO NOT SEND THIS COMPANY YOUR PERSONAL BANKING INFORMATION! THEY WILL NOT PROVIDE YOU WHAT THEY STATE.

  • Nov 21, 2015

First Down Funding is composed of an expert team, with years of industry experience. We are committed to accommodating all your needs as a business owner. We are an alternative business financing provider that offers unlimited business funds. As an Originator, we presently have multiple in house funders concentrated on specific advance types. However, in our quest to help all businesses we have partnered with Eight (8) independent business cash advance companies. With this relationship, First Down Funding is able to accomplish deals that our competitors cannot. Because of our successful relationships with our syndicate partners we are able to get deals done that have been turned down by our competitors.

First Down Funding has realized that as our company and industry has grown the need for innovation and creativity has increased. While most of our competitors will require clients to switch processing, we realize that sometimes it is not in the best interest of the client to do so. We can get you funding without you switching processors.

First Down Funding averages approvals on 85% of the applications that we receive, so why wait? Our streamlined application is quick and has no risk and no commitment. Apply today and we can start working with you to take your business to the next level. With the investments that will be made possible to your business through a merchant cash advance through First Down Funding, you can get your business moving toward success.

Credit history is not important

Our repayment terms are flexible - you'll pay a set percentage of your sales back each month - not a fixed sum

There's no need for you to provide things like historic tax returns or a business plan in order to be approved

We won't demand collateral

Our application process is quick and easy - you don't need to jump through hoop after hoop like you do with a bank loan

Approvals typically take under 24 hours - the finance you need can be with you in just 7 days

We have a very high pre-approval rate for business cash advances, because we lend to businesses that other institutions refuse to deal with. Due to the high percentage of approvals here at First Down Funding it's fair to say you stand a great chance of securing the capital that you need from us. Find out within 24 hours whether we can help you or not.

  • Nov 21, 2015

We were contacted by an asian speaking representative telling us that we were apporoved for a business loan. We were interested, so asked for the application. Once filled out, we were contacted by Paul, who stated he was the senior loan agent. He advised that he "fought" for our loan and we were approved to be funded. He told us the terms would start at daily repayment, then after 10 consecutive payments, they would go to weekly or bi-weekly. After receiving a form requesting my bank log in passwords and information, I began to question, why they would need such information. I refuse that option, and he sends me a link for Decision Logic. This is supposed to be an on-line bank verification service. After completing it, the next day, I call and send an email checking on the status of our funding. I then receive another form teling me that I have to authorize another $299.00 to be taken out of my business account. No explanation, no call, just the form. After finally getting Paul to return my call,and asking him questions about this amount, he rersponds" I don't have to answer you, I will just hang up the call."

This confirmed what the previous report on this company stated. They are predators looking to obtain business financial information. I sent an email requesting the documents I sent back, but have yet to receive them. DO NOT SEND THIS COMPANY YOUR PERSONAL BANKING INFORMATION! THEY WILL NOT PROVIDE YOU WHAT THEY STATE.

  • Nov 20, 2015

Trying to expand my business, I reached out to First Down Funding back in June of 2015. After a short process, of which every phone call or email was responded to immediately, I was told the amount my company qualifies for. Monies were received and all was going well. Then I was double billed. When I started asking questions the communication became less and less. I never get an answer. Ever.

I am now attempting to do another expansion. Having used them, and being promised the people I had been dealing with were no longer there, I decided to give it another go. Once again the initial communication was immediate and direct. Once I began asking questions... well lets just say I had to resort to Managements, management, of which I received NO phone calls or emails. Instead the person I was dealing with called me 3 days later. Supposedly the 2nd half of the promised funds were to be done immediately. Well,,, that was 2 weeks ago, all of my docs were completed then, and..... nope. The only email I got was 9/28 stating my file was being reviewed. This is after I was approved, after I filled out and signed the contracts, and after the communication stopped. I won't reccomend these people to competitors, and d**n sure not to friends.

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