Benetrends Financial

I Am Very Frustrated With Benetrends Financial

I am very frustrated with Benetrends Financial. Mainly due to the ongoing monthly fee of $130/ month that the sales person neglected to mention when I signed up.

Maybe it’s in the fine print somewhere of some document that I signed, but this is a drain on my small business.

I’ve mentioned it to my representative, but she just replies with a list of the services they provide for this fee, which amounts to preparing some documentation once a year to ensure your IRS compliance.

I don’t mind paying a fee for some of these services, but I feel duped regarding the monthly fee and there seems to be no way out.

If you feel like $1500 a month in perpetuity is worth their services then go for it.

If they every decide to actually help small business by providing fair, honest and upfront pricing I’ll come back and change my review.

Is Benetrends Financial a scam?
Benetrends Financial is a scam and a bad service provider as per the report filed on They are not aggressive towards their customer satisfaction and complaint grievance.
Is Benetrends Financial legit?
First Benetrends Financial is not a legit business owner or provider. You must take necessary precautions/measures before buying or using their services.
How many reviews are submitted by Benetrends Financial’s consumers?
There is/are 5 review(s) posted about Benetrends Financial and it indicates that the severity of the scam is High.
Where is Benetrends Financial located?
Benetrends Financial is located at 1180 Welsh Rd #280, North Wales, PA 19454, USA. You can contact Benetrends Financial by dialing (267) 498-0059 or visit their website before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Benetrends Financial’s customers?
According to the report(s), US $3689 was the total loss incurred by Benetrends Financial’s customers.

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5 Reviews on Benetrends Financial

  1. Stay away from this company.

    Their whole gig is to hook you into an expensive service to start your business, collect fees monthly and then charge you a fortune to exit. They look slick when you start but after that the service is deplorable and you do most of the work by giving them all the information to fill out the 5500 forms.

    There are better cheaper ways to do a ROBS. Dont go with Benetrends – take it from me a person who is trying to shut down their service

  2. Scammer

    For the monies that they charge, with a little homework, you can do this for free. After 10 months of going through the arduous process with this questionable outfit, I requested a refund of the money that I paid.

    Of course they said they couldn’t refund the monies because of some fine print in their contract! Stay away from these people. They are bad news! If you are seeking business financing, go to your bank and ask someone. if you don’t like what they have to say go to another bank. regardless, its free!

  3. anyone can approve an application. it means nothing.

    anyone can approve an application. it means nothing. The company is very misleading with the process. Keep your money and go to a local bank or search for lenders on the internet. They really do not do anything for you that you cant do for yourself except take your money! Buyer beware!

    Keep your money and try TDBank, wells fargo, pncbank, citizens bank, Bank of America etc. Everyone has the same rates for the most part. The dollar amount said to be lent may vary slightly but not enough to make a difference.

  4. Never Again

    they are fast to collect your fees but slow on service.

  5. So hopefully you can stay in business and not have this problem.

    Benetrends is really good at getting you into the plan. They were very helpful and I feel the fees were fair. The reason for me giving such a low rating is for the exit plan.

    My business closed and I’m having a hard time getting out. They want you to pay to get out and after you pay they only give a short amount of time to get all your paperwork in.

    I of coarse didn’t get it done and felt like I wasn’t getting the help I needed, nothing like when I was signing up. So hopefully you can stay in business and not have this problem.

Reported Loss :3689 $
Severity of Scam :High
Reported by : Anonymous
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