Unsecured Business Funding Terry, Shaw Unsecured Business Funding Illegal/Fraudulent business practices St. Geroge, Utah – The company failed to provide me with the product, and when requested failed to honor my request for a refund. I saw a advertisement on their website that said”Get approved for a loan in 48 hours!”. I was looking for a business loan, and requested information regarding their service and was subsequently contacted by a representative named Sean on May, 10 2019. With whom I signed a contract and paid a $249 fee. I was told that further instructions will be given to me by Jaime Jones, a underwriter. On May 13th, 2019 at approximately 10:20 AM I spoke to Jamie Jones, regarding the Risk Improvement Report. She gave me three options; 1. Build business credit on my own which will take about 3 to 4 months to complete. 2. Hire a business credit attorney which will cost me approximately $3000 and will take approximately 30 to 40 days to complete. 3. Go with Unsecured Business Funding which would cost me $1500 and will take the same amount of time (30 to 40 days) to do what is necessary to go further with getting the loan. She stated that the $1500 will be paid to her company when I receive the funds, and that I do not have to make a payment right away. She also stated that it will be credited towards the success fee, once I get the funds. Then I received an e-mail from her, and she directed me to sign the bottom portion of the email and click the submit button. Jamie briefly went through the message that she sent me reassuring me that it states exactly what she has told me over the phone. I did not get a proper chance to review what I was signing, and I was rushed in to signing it by her. Once I completed the electronic signature, she asked me what card I wanted to put on file for the $1500 charge. I then asked her “I thought that it will be taken out of the loan once I get it” to which she said, “this charge is to make sure that the money is there, we are not taking it out of your card yet, we are just making sure that the money is there, it’s kind of like a pre-authorization”. I told Jamie that I do not have that amount on my card and that it will be there in a few days, and that I do not want any funds pulled out of my card until I call her back at the number she provided me. She told me that we will talk once I get the money. After our conversation, I looked at the contract I signed and was shocked to find many inconsistencies with the statements she made over the phone, because I trusted her word as a professional conducting business. I also checked my Business checking account and there was a $750 charge on the card. I also checked my personal checking account and there was another charge of $750. My personal checking account was never intended to be used for conducting business, and I did not authorize her to pull funds out of my personal checking account. I have instructed her fellow employee Sean to take my personal checking account card out of the database, which he apparently failed to do. I also did not provide her with my card numbers to use for this purpose. Due to statements and advertising on their website (www.unsecuredbusinessfunding.com) I was lead to believe services would be carried out in a fashion I was to discover do not represent the actual services I received. This did not instill trust in me and the type of business I wish to conduct. I felt she rushed me in to making a decision to sign the contract, without giving me a chance to go over the document and make a decision without being rushed. I asked for a full refund, and was denied due to the fact that the contract states “Non-Refundable: All fees outlined above are final. Company issues no refunds for any reason”. I was lured in to doing business with them by “bait and switch” tactics, and was given misleading information. They failed to honor the right of rescission governed by the state of Utah. I have given them a chance to make a full refund of $1500 within 48 hours but not more than 72. They did not honor my request, and stated that they will not give me a partial nor a full refund, and that they will send my contract to whomever they need to fight it out. PS. I contacted the BBB and FTC, and was told that if the more people complain to them the more chances there will be a resolution, they also said that this business is operating illegally, but they need more people to file complaints and only then they will look in to it. So please, do not ignore this, and let them get away with this and scam more people that are trying to survive.