It was a very disappointing and utterly bitter experience trying to get a loan for my startup from Go2Capital. I needed the funding to get my inventory stocked up for the store to be launched. I contacted Go2Capital from their website. My partner spoke to them. They did not take much of the information about why we needed this loan. It looked like they just wanted to sign the contract. We were short on time and needed a loan quickly. We got intl touch with them again and had them send over the contract for us to review. The contract came with a charge of $2000. The contract clearly stated that if we were not happy with the quality of the service, we can go for a refund and get 50 percent of the money back. So we went ahead with them as we had an assurance of the refund. They said it would take you around 2 to 3 weeks for them to secure a loan. This was within our timeframe of 6 weeks. After signing the contract and paying them, we did not hear a single word from them for a week. We enquired and they said it is in progress and they are trying to get the funding. A week later, the same thing again. We reminded them that they said it would take 2 to 3 weeks for the loan but there seems to be no progress in these 2 weeks. He was a little rude at this point but said that they are trying and will get it done. It wasn’t. Not in 2 weeks, 3 or even 4. So we filed for a refund. Guess who reviews these claims? The owner of the company, who refused it saying they had help up their part of the contract. Total sham.
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