Fisher Enterprises LLC

Any company that charges you a fee upfront to see if you qualify for a loan when it comes to business loans is pretty much a scam and I didn't catch that red flag. There's a lot of companies and people who work with these guys, stay your money and use a real company. The answer will be no when it comes to getting qualified, because they only wanted the fee.. Thank me later
Jan 25th, 2023

Be very careful dealing with Direct Funding Club (DFC), Fisher Enterprises LLC, or Quaker State Commercial Finance. I was contacted DFC that they offer term loans for small businesses. I applied and within a very short amount of time I was given a term sheet from Fisher and Quaker State. I did due diligence finding numerous reviews from folks stating the issues they had from these companies. I raised this with DFC as they were the originating broker, and they told me "Its a few people, etc." they do "hundreds of loans a month" then provided me with supposed loans that were closed, but I couldn't find or locate the businesses they provided to verify. I decided to unfortunately trust DFC. I paid retainer fees to Fisher ($2500) and Quaker ($4500), which now I know is strongly discouraged for customers getting loans. I spoke with a few folks at larger institutions in the industry, and the SBA help line also states that is a concern. Every agency I mentioned this too, they said if brokers feel they can lend the money they can wait until the money at closing is funded to collect their fees. After being strung along for over two months by all parties, I was told there would be no loan claiming I misrepresented my business. When I asked for clarification, I was told I misrepresented my business profit. Here's the kicker, no where on any application or phone did I state what my business profit is. I have all the documents, someone along the way either doctored my file or they are using this as an excuse to keep the retainer fees. No one will state who made my file or where this information came from, but they state they are now entitled to keep my fees without a loan. The only info I was asked to provide was a basic application, which only asked for my business and personal information (name, addresss, DOB, etc). The only financial information I stated was my rolling 12 month business sales, otherwise I only provided 3 months bank statements besides the application. I also have numerous phones calls recorded from DFC who claim they believe this was scam and they had numerous customers who were out money due to the actions of Fisher and Quaker. I only asked all parties did the ethical thing and return my money as I never misrepresented my business nor would I have proceeded knowing the information they used was incorrect. This issue has caused a severe depressive state, I have come close to committing suicide numerous times due the financial and emotional strain this process has caused. My advice is do not do business with any of the folks mentioned. Make sure you have every communication prior to the agreement to see how this process started and all information they used to generate the term sheet. Based on reviews on various sites I am not the only one this happened to. I believe all three parties worked in conjunction in this process that caused me to lose money.
Jul 3rd, 2022

This was a while ago, in December 20 but we got our loan closed here. At first the retainer was not returned when our application with the first lender did not work out, but we are glad we tried again. Honest quick clear agreements straight forward. Fisher only earned 1 point at closing and deducted the relatively very small retainer kindly. We closed 1.5M. Great Source !
Apr 21st, 2021

We have found David Franklin to be strongly knowledgeable helpful and always on top of things. We closed our loan and the one before. Before that we had ones been refunded our retainer and ones been offered a number of alternate options instead. During our applications and the process to closing at the lender, there was honestly not one question we could not get answered or problem resolved. It comes to mind to say so many people don't ask. Always ask. Always. And also, professional hard to arrange business financing requires business, financial and communicative skills. You will find a lender through Fisher with general lender protocol. And about applying: Fisher is a broker, who finds a matching finance source (this is why being correct on the application is so important). Ones applied David finds a good source and matches you up. There is a retainer for David but that is only fair and a seriously small amount in relation to his work for you. The lender you will be introduced to will require same like things as any US local bank would. There is protocol. No loan comes free, money is usually the result of hard work and investment. Any lender will also ask you to put up money from pocket. It's how it goes. I want to thank Eve for contacting us so kindly to ask if we would leave a review. The pleasure is all mine ! Keep it up 👍
Apr 9th, 2021

$5.2M business financing closed. Strong professionalism. Quick response. On point. We recently closed through Fisher Enterprises after a long time of not being able to finance our firm. We have David Franklin a lot to thank ! The negative comments are lies, maybe from an angry person or because of misunderstoods. Good Advise is to always study the material, read agreements and have your numbers correctly. I have been keen to notice Fisher enterprises LLC will always honor their agreements. Yes a retainer, and worth it! Did you know they only collected 1 point at closing with the retainer deducted ? Only the best, Thanks David Franklin and Fisher Enterprises LLC !
Mar 31st, 2021