World Business Lenders in Jersey City, NJ

BORROWER BEWARE! company is run by the same people whose last company, mortgageIT, got sued by the us government a couple of years back after housing bust. they intentionally underwrote bad mortgage loans back in the 2000s and funneled them onto the us government agencies. us taxpayers got stuck with the bail out on these loans from mortgageIt. wonder what they're after now with small businesses.......hmmm... anyways interest rates are crazy high. they want your car and homes as collateral as well as personal guarantees. they do check credit scores as well although the claim to not focus on credit scores.

Good people

stay away from world business lenders. these people take a month and sometimes 2 months to fund loans that are of no interest to business owners. the directors and owners have no wc experience and are dumbfounded when their clients get funding from other sources which those sources fund loans in 1 - 2 days. those sources also make exceptions and fund loans they would not normal fund. world business lenders is not competitive and leadership is below average. they will be out of business soon by not giving clients what they need. they will dumbfoundedly wonder why they are out of business without looking at the main facts. FUND LOANS AND GIVE CLIENTS WHAT THEY NEED . DON'T TAKE 2 MONTHS TO FUND LOANS BECAUSE THE COMPETITION WILL BEAT YOU 98 PERCENT OF THE TIME. I suggest all partners to pull out of wbl and let them fall hard because that's what it will take for the close minded owners to open their eyes so when they move on to their next gig they will listen to complaints and act accordingly rather than stupidly as they do NOW on a day by day basis.

All the reviews are correct...These people are crooks, liars and thieves...BEWARE! Mary beth Colton was my supposed rep here. Never returned one phone call, one email, in fact, emails started bouncing back because her box was full. The receptionist even told me that she would not return phone calls. They funded a deal on October 3 and I am still awaiting my approval and Commission. Of course they're being paid back though. Unbelievalbe that these companies can stay afloat. I am filing with the State Attorney Generals office in Georgia.