Forward Financing
Reviews and Complaints

I have been working with Forward Financing for almost 1 year now and each transaction I have had with them has been quick and easy. They have been very professional and I have been very pleased with the service and financing I have received from them. I worked with Tim F. this last time and it was a great experience.

forward financing is amazing they have helped me with equipment purchaces for my small bussiness for over a year now they are straight forward on your loan amount and payback amount no crazy hoop to jump through with paper work you get funed fast (next day ) I recommend to anybody looking for a bussiness loan to contact them . this company has helped me grow my company and I am forever grateful .

It is often difficult to build relationships, particularly around finances, when you are dealing long distance. Having professional and supportive business partners with a calm approach to today's business environment makes it easy to build trust and respect. In today's world of uncertainty and confusion, it has been a wonderful experience to be able to rely on the incredible and kind staff at Forward Financing.

I took a loan from Forward Finacing at the start of 2020 to fund events at a big festival that happens in *** every year. COVID 19 caused the festival to cancel and my business was ordered to be shut down leaving me with no revenue with which to pay back the funding. Jeff has be very understanding of the situation and worked with me continuously to arrange and then rearrange the payment terms. I highly recommend Forward Financing and Jeff R.

I wanted to thank a particular individual and his team at Forward Financing. Having worked with him on several occasions, he has consistently been efficient and effective at organizing and processing our deals swiftly. I am pleased to recommend Forward Financing to those seeking a lending partner and suggest contacting this dedicated team member who strives to simplify and ease the experience. All the best!

Gabe and Mike are AWESOME! Loved dealing with Forward Financing! We had a few loans with them for our retail stores. They were easy to use with not a lot of paperwork and no hassle. Are these loans "expensive", yes. But when banks say no and you need merchandise, this loan was a lifesaver. We made far more on this merchandise than the interest on the loan and without Forward, it wouldn't have happened. Then during COVID, when we need help, they were there and sympathetic. I've used 8 different lenders in the past 4 years and they're at the top of the list. A+++

I have been working with FF for about 6 years now. I have continually gotten better rates and better service as the years have gone by. Of course there have been a few hiccups on my end in business such as hurricanes, covid 19 and everything else life throws at us but FF has always been flexible and worked with me through any rough spots. I would recommend FF for any funding needs and I will continue to do business with them. A special thanks to Bobby for always being prompt and going to bat for me and of course Ed *** for always helping sort things out during the rough spots.

I consider them a necessary Evil!This is our second go round with Forward Financing. We were satisfied with the package we finally got but not with the way the fee's were slipped in at the end.I was told a number we would have for "Cash in ***" but ended up not getting that number as they took fee's out of that number first. The other issue I have with *** is that they don't provide an Amortization Table, which drives my *** crazy, but instead call it a fee for providing funds. Not sure how we are going to show that on our books and they were no help in explaining it.At this point, I consider them a necessary evil we will rid ourselves of as quickly as we are able.

Stay away from this company! Even during a global pandemic that forced my business to close and now has dealt with looting from the protesters, this company is NOT willing to work with me. I offered the last of my savings to settle the account because I wont be able to return to work and may have to leave the state to move with family. I cannot afford childcare, so both children would have to come with me to work and one has a heart condition. In my area, cases has risen significantly since some businesses reopened and i do not want to risk exposing them to the virus. The "case manager" refused to work with me and now I will have to close the account and file for bankruptcy.

Forward Financing helped our business get the funding we needed without dealing with a hefty APR business loan. They contacted us during the COVID-19 pandemic to make payment arrangements which helped us tremendously while we had not income coming in to our restaurant. Toward the end of our term, our rep Drew reached out to extend another offer for additional funding with terms which reflect the relationship we are building with Forward Finance. We feel like Drew actually cares about what is in our best interest, and offers sound advice with options. Always breaking them down in pro/con terms. We have had other offers from many other lenders and direct funders, but we will stick with Drew!

We run small addiction medical clinic in ky needed loan to add staff. *** caught us off guard our patients needed us . We needed the revenue Ins carriers were slower than usual . We needed telemed equipment it was getting *** our cash was low I called our creditors a couple were despicable. . Forward Finance and *** Mc Award were amazing. They immediately were like our family. Our Grandmother. If she were still alive. They worked with us so the fear of closing our *** clinic was minimized. They still are helping us through our long recovery A couple of our other creditors are vultures. They had no guilt at all. They could care less about who or what we did. Give me money they said or else. What thieves and vultures The we have *** and Forward finance. Lovely lovely kind people. Our attorney At one point had paperwork ready for bankruptcy. In the papers were documents (we insisted) to resignup to pay . .Forward Finance Need I say more. . .

Failed to live up to their legal obligations after agreeing to them in a settlement. Our company had a dispute about their original interpretation of our contract, it settled two years ago in federal court with a stipulation that they remove the UCC-1 filling they had made. Our company paid them off as agreed in our settlement and they failed to do so. Forward Financing is clearly under the impression that legal agreements go only one way and cannot be trusted. There are much less expensive options out there for merchant financing, more than that they have a pattern of not living up to obligations. Their contracts stipulate that in the event of a business downturn they will re-negotiate terms, this is how they avoid what would otherwise be usury laws , they didn't do that then and even after signing an agreement with the company I now work for seem unmoved to uphold what they are legally required to do and in the interim bad mouthed us to another party.

Tried to make a settlement offer for my company and was refused but keep insisting on me providing bank statements which I feel is not needed for a settlement either agree on an offer or not, if i have money in the bank or not will not change the acceptance of my offer. I feel the company can do reasonable settlement offers without bank statements because they know the absorbent amount of fees they charge and what they are willing and not willing to do based on your balance. If I needed an advance I can understand the bank statements, but I'm trying to settle. Their so called legal dept offered me a 44k settlement from a 47k balance which is absurd. We are still experiencing covid and possibly a second shutdown. While i feel a fair resolution can and should be made based on balance owed minus exorbitant fees assessed can be accomplished during this pandemic time, but unfortunately bank statements are needed to determine settlement which other cash advances have not needed. I think its a tactic and ploy used not to settle. If my bank statement is 0, then how can I afford to settle and to revisit the issue when I can pay lump sum. If I have money to settle well your business is doing good and you don't meet settlement requirements thus repay full loan regardless where your funds came from because now you show repayment ability catch 22. All I asked for was a reasonable offer to get off their books and part ways, but its been a hassle. I'm sure if a 2nd wave hit and we are forced to shutdown again it will be the end to these companies because nobody will have the ability to repay anything. I normally don't leave reviews, but I advise small business owners to stay away from merchant cash advances if you want to stay in business, they will suck you high and dry.

UPDATE: At 4pm Central Time, I received a phone call from a Renewals Advisor at SnapCap by Lending Tree. They mentioned that, according to a department at Forward Financing, my bank was not accepting wires. This was surprising since I've had successful wire transfers before with this vendor. I sought clarification but received few details. After speaking with my bank, they confirmed no wire transfer attempt had been made, which they would have a record of. Within 5 minutes, I tried to return the call but received no answer, and all subsequent calls went to voicemail. I also tried texting to no avail. I quickly sent wire transfer paperwork to ensure the transaction would complete before the bank closed on Friday. Unfortunately, the lack of wire transfer led to the loss of two physicians for my practice expansion. I had chosen this vendor based on past success, but this time, despite assurances from the Renewals Advisor and Lending Tree, the wire did not come through, causing significant issues. I advise others to ensure funds are secured before ending communication with representatives. I'm extremely disappointed with the service, especially after spending 6-8 hours on this and having other offers. The representatives, Matt and another from Forward Financing, were unresponsive at the crucial moment. On 10/01 at 2:30pm, I had worked with them for about 6 hours, but despite their initial helpfulness, the transaction did not complete as promised.