Saw this posting, have heard of this happening a few times. Has anyone had a similar experience?
Initial Complaint
12/10/2023
Complaint Type:
Problems with Product/Service
Status:
Answered More info
HELLO, WE ARE A TRANSPORTATION COMPANY BASED IN LAREDO TEXAS, WE HAVE REVOLUTION CAPITAL AS OUR FACTORING COMPANY. LATELY WE HAVE HAD ALOT OF ISSUES WITH THEM PAYING OUR LOADS TAKING LONGER THAN USUAL. WE HAVE TALKED WITH OUR REPRESENTATIVE ANGELICA L. ON TO WHY LOADS HAVE BEEN TAKING SO LONG TO PAY AND WHY THEY ARE BEING SENT TO THE RESERVES. BUT NOW WE FOUND OUT WHILE DOING OUR FINANCES, THAT ON THE DATE OF SEPTEMBER 13, 2023 THEY PAID ANOTHER COMPANY OUR HARD EARNED MONEY, COMPANY THAT WE DONT EVEN KNOW ON THE AMOUNT OF ALMOST $6,500 AND LATELY THEY HAVE BEEN KEEPING THE AMOUNT OF $500 DAILY. ALSO THEY HAVE BEEN PUTTING OUR MONEY IN THE RESERVES WITH THE EXCUSE THAT IN OUR CONTRACT IT IS WRITTEN THAT 5% WILL BE DISCOUNTED ON ALL INVOICES, BUT READING OUR CONTRACT IT SAYS IT IS AT 0% TO THE RESERVES. WE HAVE TRIED TO ESCALATE WITH SOMEBODY HIGER IN POWER THAN ANGELICA BUT WE HAVE NO SUCCESS, CURRENTLY WITH THE TRUCKING MARKET HOW IT IS WE ARE HURTING AND NOW THIS. WE DONT FEEL COMFORTABLE WORKING WITH THEM ANY MORE SINCE SOME TIME BACK AND THEY WITH US EITHER BUT THEY WANT TO CHARGE US A FEE OF $20,000 TO GIVE US A RELEASE OF CONTRACT. SOMETHING THEY ARE BREACHING ALREADY OF PAYING OTHER COMPANIES, WITHHOLDING OUR MONEY AND CHARGING US 5%... WE NEED HELP BEFORE THEY WITHOLD ANY MORE OF OUR MONEY AND OR PAY OTHER COMPANIES WITH OUR MONEY. THE IMAGE UPLOADED IS PROOF OF OUR MONEY BEING PAID TO ANOTHER COMPANY. PLEASE THANK
Initial Complaint
12/10/2023
Complaint Type:
Problems with Product/Service
Status:
Answered More info
HELLO, WE ARE A TRANSPORTATION COMPANY BASED IN LAREDO TEXAS, WE HAVE REVOLUTION CAPITAL AS OUR FACTORING COMPANY. LATELY WE HAVE HAD ALOT OF ISSUES WITH THEM PAYING OUR LOADS TAKING LONGER THAN USUAL. WE HAVE TALKED WITH OUR REPRESENTATIVE ANGELICA L. ON TO WHY LOADS HAVE BEEN TAKING SO LONG TO PAY AND WHY THEY ARE BEING SENT TO THE RESERVES. BUT NOW WE FOUND OUT WHILE DOING OUR FINANCES, THAT ON THE DATE OF SEPTEMBER 13, 2023 THEY PAID ANOTHER COMPANY OUR HARD EARNED MONEY, COMPANY THAT WE DONT EVEN KNOW ON THE AMOUNT OF ALMOST $6,500 AND LATELY THEY HAVE BEEN KEEPING THE AMOUNT OF $500 DAILY. ALSO THEY HAVE BEEN PUTTING OUR MONEY IN THE RESERVES WITH THE EXCUSE THAT IN OUR CONTRACT IT IS WRITTEN THAT 5% WILL BE DISCOUNTED ON ALL INVOICES, BUT READING OUR CONTRACT IT SAYS IT IS AT 0% TO THE RESERVES. WE HAVE TRIED TO ESCALATE WITH SOMEBODY HIGER IN POWER THAN ANGELICA BUT WE HAVE NO SUCCESS, CURRENTLY WITH THE TRUCKING MARKET HOW IT IS WE ARE HURTING AND NOW THIS. WE DONT FEEL COMFORTABLE WORKING WITH THEM ANY MORE SINCE SOME TIME BACK AND THEY WITH US EITHER BUT THEY WANT TO CHARGE US A FEE OF $20,000 TO GIVE US A RELEASE OF CONTRACT. SOMETHING THEY ARE BREACHING ALREADY OF PAYING OTHER COMPANIES, WITHHOLDING OUR MONEY AND CHARGING US 5%... WE NEED HELP BEFORE THEY WITHOLD ANY MORE OF OUR MONEY AND OR PAY OTHER COMPANIES WITH OUR MONEY. THE IMAGE UPLOADED IS PROOF OF OUR MONEY BEING PAID TO ANOTHER COMPANY. PLEASE THANK
