The Business Backer

10856 Reed Hartman Hwy, Suite 100, 45242, Cincinnati, United States
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4.30
Based on 20 Reviews

5

80.00%

4

0.00%

3

5.00%

2

0.00%

1

15.00%
About The Business Backer

At The Business Backer, we connect small business owners with the funding sources they need. We are reinventing the small business lending system by providing a consistently honest appraisal of the best options available. This unique approach, combined with a team of expert advisors, has allowed us to provide nearly $400 million in funding for thousands of small businesses across the country.

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Jay Maque
US

Deceiving and Dishonest!! Ben, Cedric and Ian were very helpful and knowledgeable, so I thought!!!. They approved my business with Working Capital very fast and accurate but was not transparent with the fine print. When asked if I am able to refinance in 60days or so will I be able to go into a lower and better term loan, preferrably monthly instead of weekly, they both said Yes. Here it is Sept 2022, all my weekly payments on time, now they are asking for more paperwork than the original loan. Furthermore, come to find out they charged my company a high and unusual ,almost half of my loan amount, Advanced cost on top of what my loan was for. This was not explained to me and on the Business Backer contract there is a term "Future Receivable Cost". Apparently, this the apparent Advanced Cost according to my first billing statement, which was not explained to me either and ironically generated after I signed the contract. Lastly, when I gave Ben and Dana (Business Backer) a call to see why things changed its like they/Ben had developed a convenient memory loss of what was originally said to me. Its companies like these that prey on small businesses because we are just getting started and may not know much. Karma is real!!! If you know whats good for you... Please do not fall for the kindness of companies like this. That claim to want to assist your business...I will not be working with them again.

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Abigail's Driving School
US

I have dealt with Mackenzie Husa I have dealt with Mackenzie Husa - she is efficient and prompt. She is not overly aggressive account manager. I wish I had paid attention to her advise about carefully considering the substantial amount of credit solicitors for small business following business backers initial funding. Thanks!

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Thomas
US

Second time around using the company… Second time around using the company for funding in the horrible 2020-skeptical at first, But Joe and the team made the process very easy to use and understand. If ever needed again for short term funding will definitely call Joe

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Jen
US

The service from the Business Backer… The service from the Business Backer from when we initially started working with them a couple years ago, and through the present time, has always been exceptional. They have been here to support us in being flexible with options that work best for us as we move through these variable times. I look forward to continuing our business relations with them for years to come.

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Luis Fernandez
US

Almost like a business partner I have to say, besides the fact that they offer very competitive rates, I feel compelled to write that they have gone over and above to assist our business during this Covid-19 crisis. Their team reviews our accounts biweekly and lowers the payments to an acceptable amount. This is exactly what I would expect from a partner! We will forever be grateful and will continue to grow with them.

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