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Drahcir Corp funding

 
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comminvestor

posts: 2

Aug 17, 2009 4:03 PM ET    Quote  Report Abuse
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Has anyone used Drahcir corp to get small business funding?  I am looking for feedback and success or horror stories.  I cannot find anything negative about them.
bisonrnchr68

posts: 1

Nov 08, 2009 2:16 PM ET    Quote  Report Abuse
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FastVentures

posts: 306

Nov 09, 2009 3:55 PM ET    Quote  Report Abuse
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Great contribution "bisonrnchr68"!



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Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com
FastVentures

posts: 306

Nov 09, 2009 4:20 PM ET    Quote  Report Abuse
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I googled the company name and came across a report from the Better Business Bureau, which rates the company F (worst rating) even though they have yet to receive a single complaint about the company.

The fact that the BBB gives the company such an unfavorable rating simply based on the nature of its business (advance fee broker) should provide a hint.

It’s like getting money based on the title for your car; it may well work for some people; however, in general it’s just not a good idea.

Based on the company’s presentation, they are not even a lender. They sell you a process that you can do yourself.

I hope this helps.

Mark



-------------------------


Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com
ScottiHoliday

posts: 3

Nov 09, 2009 11:38 PM ET    Quote  Report Abuse
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I signed up for Drahcir in June.  Got approved in July.  Was scheduled to be funded in September.  Now, it's November and....nothing.

I heard that their organization imploded when they couldn't get files through DNB, but it's been awhile and they should have recovered by now.

My only consolation is that I didn't pay any upfront fees.  Also, I think the owner has a lot invested in the process, so they have alot of incentive to find a way to make it work.  I haven't written them off yet, but they sure are SLOW!!!

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