Capital 1 Business Broker

Capital 1 – Bandits and liars, stay away from them

I wanted to sell my shop and required professional assistance. For the same reasons, I contacted Capital 1 Business Broker and they ripped me off. I had my reasons and they clearly knew that I was in need. However, they tried to take advantage of that, instead of helping me out.

I am married for 14 years and it was a sudden news that my wife had ovarian cancer. It was diagnosed last year and since then, I have already gone through a lot of reasoning on how to manage money for my wife’s surgery and medical expenses. I thought of putting my savings on this. But, my close ones suggested to sell my ice cream shop that I had owed for quite a while.

My savings were enough to help us survive for a long time and we could have find another way to pay our bills till then. Hence, I took their advice and started searching for buyers. I had few offers, but I was not able to select from among them. When I contacted Capital 1, they asked me to sign an agreement which stated that the brokerage amount would be $12500 or 10% of the selling amount, whichever will be higher.

In a weeks’ time, I started getting offers from the parties that were arranged through Capital 1. However, they all wanted huge discounts on my property. I later realized that Capital 1 had advised them of my situation and had informed them that I was in a hurry and was looking for a quick sale.

It was breach of my privacy and very unethical. Greg, who was incharge of my case through Capital 1, did not seem concerned and was looking to earn quick bucks from the sale. In the meantime, I found a buyer from my contacts who was offering a great price. So, I decided to sell him my shop.

I contacted Capital 1 and asked them to hand over my paper of shop which they had kept with themselves, they started abusing me. Greg, who was polite, became furious and said that it was breach of the contract that I signed with them.

The contract stated that they were eligible for the commission, even if I found a buyer all by myself. I did not have time to go with the legal proceeding as my wife’s health was deteriorating by every passing day. I still tried to convince them for a lesser amount than what was in the contract, but they denied.

He said that he would only return the papers if I paid them their cut. I had no choice and time to take that case to the court. I needed money as fast as possible. So, I paid them for nothing. They did nothing for getting me a buyer and I paid them for it.

I have seen the worse with them and would urge not to fall for their sweet talks. They are bandit
s and use unethical methods to convert their deal.

Is Capital 1 Business Broker a scam?
Capital 1 Business Broker is a scam and a bad service provider as per the report filed on dirtyscam.com. They are not aggressive towards their customer satisfaction and complaint grievance.
Is Capital 1 Business Broker legit?
First Capital 1 Business Broker 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 Capital 1 Business Broker’s consumers?
There is/are 1 review(s) posted about Capital 1 Business Broker and it indicates that the severity of the scam is Extremely High.
Where is Capital 1 Business Broker located?
Capital 1 Business Broker is located at 33533 West 12 Mile Road, Farmington Hills, MI 48331, USA. You can contact Capital 1 Business Broker by dialing +1 248-855-7737 or visit their website www.capital-1.biz before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Capital 1 Business Broker’s customers?
According to the report(s), US $12500 was the total loss incurred by Capital 1 Business Broker’s customers.
The reviews, complaints and scams about Capital 1 Business Broker are deliberately written by anonymous. We, at Dirty Scam are not liable for the content written about Capital 1 Business Broker. If you have any issue with Capital 1 Business Broker incident report, Please contact the author of this complaint directly, as we are not obligated to remove the complaint.

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Reviews:0
Reported Loss :12500 $
Severity of Scam :Extremely High
Reported by : Anonymous
Views :