Pawnee Leasing
Reviews and Complaints

Lack of ethics... Beware B4 U Sign anything from Pawnee.

Be VERY VERY aware of Sunset Financial (Pawnee Leasing)

YOU NEED a Lawyer to read their contract before you sign it.

Pawnee and Sunset really push you to sign the contract fast...

Note when there are no issues (problems) everything looks fine.

BUT...

I financed 2 machines through Sunset Financial (Pawnee Leasing).

Pawnee's fist finance proposal was at best loan sharking. I have a 800 credit score. I told the loan salesman that the offer was total BS at 28%.

I said if you can match my bank the business is yours, 5% for 5 years a typical business loan with collateral. He did match it (somehow) I checked the bottom-line numbers. BUT they don't want you to prepay, I thought that a penalty for prepaying was against the law?

THEN... it continues

The tool company changed the delivery date...

I told the tool company and Sunset Financial that the delivery date of one of the tools was unacceptable and that I would not be buying the saw That is when the problems started.

The finance guy said he could get it all worked out for me. He turned out to be a lost cause at best, a real P.I.A. liar is a closer description.

It continues, the tool company ADDED about $570.00 to my edge bander WITHOUT telling me, they told the finance company, they added it to the contract and are charging me for it.

I called the tool company to discuss this situation, at first, they apologized, said it was an internal mistake and they would refund that money. BUT 10 minutes after that discussion they said they contacted me regarding the price increase, THEY DIDNOT. After that they would hang up on me and not HONOR their dated quote, which I have and was good to 9/30, The machines were funded on 9/20/22. That is the date they said they sent me an email about the cost increase.

I asked them how this cost increase could affect me since I had a dated quote. No response except they won't talk about it anymore.

NOTE for all future dealings

Everything may seem fine with your purchase, but when something happens, THAT is when you find out what kind of companies they are, Sunset Finical and Pawnee Leasing are companies you have to be aware of!

I MADE THE MISTAKE OF TRUSTING THEM AND THERE WOULD BE REGULATIONS TO PROTECT THE BUYER. BIG MISTAKE.

I accept that responsibility. I wanted to take the time and make the effort to help others so they would not be taken advantage of by Sunset Finance and Pawnee Leasing company. Good Luck to all of you.

Hey my name is D Angelo Johnson. I got a 32000 loan from Pawnee Leasing to Purchase a semi truck. I had a 740 credit score and I still got a bad interest rate. And I was forced to take the deal because my credit was pull 2 times which lead my credit to Decrease Like 40 points. I felt like my back was against the wall Because my credit went down and they told me I wasn't going to get a better deal for a starter company. Then the vendor sold me a truck that had mechanical problems the first week I bought it and I wanted to just take the truck back and deal with another vendor and Pawnee leasing was like it was to late I already signed the contract. Which led me to dealing with the vendor again on to trade the truck for another crappy truck. So I was stuck with this crappy truck. I had to buy tires for this truck the ac went out the first week and the truck need some motor stuff done. This could have been avoided if they got the truck inspected but all they was worried about was me signing that contract. I ask for a pay out and they told me I couldn't buy out the contract into I pay on it for 2 years. I thought I Did everything to start a business the right way by having a good credit score and saving a little money for a down payment. And on top of that the vendor sold me some Un reliable equipment. These people are monsters to me. They don't care about nothing but you signing the contract and they set me up for Failure and I went for it. I pray somebody out there can help me come up with a solution because I am falling and I mean I am falling fast. If anybody have and advice you can reach me at [protected]@gmail.com

Broker of equipment leasing creates a shell company. Arrange a medical equipment leasing for a medical practice.
Practice does not get equipment. Pawnee pays fraud broker, who's us also owner of shell company.
Medical practice dies not get equipment but get pressurized by Pawnee to pay the loan.
I suspect someone from Pawnee gets back money from fraudulent broker.

Purchased a carrier unit and had to go through a third party... Teck financing, paid him 300 dollars and he got the loan from pawnee... Pawnee then tries to get two payments when the first payment was due... Also a florida tax of 111.00... I was not aware of this and thought I was paying a note of a conventional loan. When I spoke to teck, they said it is a lease to own but if I pay it off in two years instead of 5 years I have to pay the full interest of the note of 5 years... This company is a fraud. Please never use them as I am contacting a lawyer...

I had a lease with Pawnee for a batch freezer. I had not received the item yet. Then Hurricane Irma hit Florida. The shop I was building was damaged by the hurricane. So we will not be opening for 12 months. I called the vendor Emery Thompson. And they are going to refund all money back to Pawnee. But Pawnee does not want to refund my the money I paid them for monthly payments on the equipment that I have not even received yet. And the don't want to refund the security deposit and the last payments paid to start the lease. So Pawnee is getting all there money back from the vendor. And keeping all my money. So they are making a profit off this national disaster that hit Florida. This is not how a company should be helping small business affected by a national disaster. This is a BIG RIP OFF! This will need to contact the attorney general . So they can see how this company is treating small business after a national disaster. Everyone Please Stay Away From This Company!

I just finished making 4 years worth of monthly payments of 860 a month on kitchen equipment.
Sticker price was 19k if i had bought it outright!

Yesterday Pawnee drafted 860 dollars, the regular payment amount, rather than the final payoff amount 330 dollars, which consisted of property taxes and frivolous fees

My account was overdrawn by Pawnees overbilling and resulted in an overdraft fee. They refused to reimburse me.

I even sent a screen shot of bank account as proof. They still refused to reimburse me.

I suspect law does not apply to financial dealing on an Indian reservation...

Consider getting a loan from the MOB before dealing with Pawnee

As I was opening up my New Business I was checking out my financial options, I some how got ahold of a broker and was discussing leasing options. I had full capitol to purchase my equipment but she convinced me leasing would save me money and would be great for tax purposes. Signed the contract and locked me into high monthly payments and i'm paying $4500 more for my equipment than if I had bought it outright..
This company makes you pay high property taxes for they're company when you would have no property taxes otherwise!
It's almost a 50% interest!
This company are cheats and are stealing from business owners to bloat themselves!
BUYER BEWARE! GO SOMEWHERE ELSE!

Due to landlord negligence, my business dissolved. I attempted to contact creditors to make payment arrangements. Two, a bank and leasing company, were very willing to work with me. Pawnee leasing, was unyielding in negotiations. I have repeatedly been harassed by phone calls by their collection company and no responses to emails. A representative appeared unannounced to collect equipment at my residence, which clearly violates personal rights. I have manhandled and threatened with courts, when i have attempted to make good with this company. I would appreciate some mediation, as i am unable to communicate with these people without feeling disrespected.

Pawnee gave me the impression that my lease was a loan and I could pay it early and when I went to pay it off they told me I had to pay the entire lease. I'm getting an attorney. They lie... lie... lie. Do not use them. They are a dishonest and take advantage of people.

Pawnee Leasing Company is a predatory lender and rip-off. I did not start with them my lease was signed over to them from Kingsford Leasing. I contacted them when I realized I would have to close my business. I explained that I wanted them to pick up the equipment, they said NO. I had to sell it and they even suggested Craigs List. So I proceeded to sell some of the equipment. Well after I sold the equipment they then told me I didn't have their permission to sign the equipment and accused me of a crime. They will not give you a payoff and there is no interest rate disclosed and if you were to calculate it, the rate would be 40 to 50%. This is the kind of company our tax money is funding to keep in business. The government should let these companies fail and bailout the taxpayers.

My husband and I leased equipment for our gym we opened. Well, now, 2 1/2 yrs later we are closing are facility. We signed a non-cancelable lease with Pawnee, therefore, we cannot just 'give the equipment back'. I completely understand this. However... I tried patiently working with them on various ways we could payoff and sell the equipment. Every idea I had, they had some type of stipulation that we couldn't do it.
Finally, they agreed that we could sell the items in an auction with the rest of our equipment...here comes the HOWEVER, they wanted ALL proceeds from the leased equipment to go directly to them. They REFUSED to give me a payoff amount that would accept from the sale.
I understand they may have taken a lesser payout if the equipment sold for less, but what if it sold for more? They originally gave me a cash payoff number, but would not give me an auction payoff amount. She had every excuse in the book as to why she would not.
There were numerous emails going back and forth as to why she couldn't and me stating that I was not comfortable with just leaving the payoff amount 'in the air'.
After all the hassle, my parents loaned us money in order to payoff the equipment and get them out of our hair. NOW we can sell the equipment at the auction!
I have learned my lesson and will thoroughly research any company and their complaints BEFORE doing business with them!
And one last thing, she stated that we were not paying interest on our equipment, however, our equipment purchase was for $32k and we would end up paying $55k over 5 yrs. Hmmmm...

Terrible company to work with. Tons of added fees. Was tricked in to leasing some equipment from one of there brokers. We are paying three times as much for equipment than if we went through a conv loan. Said they would not let me get a new loan to pay off the price of equipment, I could but would have to pay full price of 3 year lease. The broker said he did not know how bad this company's lease policies were, he no longer works for the company. The company I leased the equipment through is no longer in business. DO NOT LEASE FROM THIS COMPANY!

I purchased a microdermabrasion machine for $6, 000.00. I was never advised how much my specific interest rate was however, when I asked a paralegal friend of mine to review the contract she said that my payments for 60 months for $6K were almost as much as her $10K 60 month Kia contract and her interest rate was 17 percent due to her credit so she thought I must really be getting ripped off.

I did the math on $6K over 60 months for my payments of $250.00 AND THAT IS $15, 000.00. THAT IS OVER 50% INTEREST! AND MY CREDIT SCORE WAS BETWEEN 650 AND 700. WHAT A RIPOFF! I FEEL SO STUPID!