Avoiding Scams when looking for business funding - 08/16/11 01:41 PM
Avoiding Scams when looking for business funding
 
There are a handful of companies across the U.S. and in Canada that advertise to offer a business credit building package or are “verified lenders.” Some are legitimate. Some are not. In part, the internet has created a breeding ground for scammers to collect money from people looking to start new businesses, then offer nothing, or very little in exchange. These scams involve collecting an upfront fee in order to get the business owner the funding or credit service that was advertised. Loan scams most commonly require an upfront fee to pay for … (2 comments)

 

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