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  • Report:  #1519908

Complaint Review: Funding Edge Leon Hubbard

Funding Edge Leon Hubbard cannabis lenders san antonio Texas

  • Reported By:
    Steven — henderson NV United States
  • Submitted:
    Wed, July 20, 2022
  • Updated:
    Thu, July 21, 2022
  • Funding Edge Leon Hubbard
    24165 IH 10 West ste 217
    san antonio, Texas
    United States
  • Phone:
  • Category:

Despite reps and warrants as a lender into the cannabis industry, they completely misrepresented their true colors. They required documentation that went beyond anything I had seen before. I have done in excess of close to $100m in loans, and despite claims they could do this, they had no lenders that could do this simple loan request. We paid a $500.00 fee and despite not wanting hard credit we did. We had excellent scores and collateral that worst case was a 40% CLTV.

Leon misunderstood the files sent and wanted to secure a $10m building that had nothing to do with the loan request. Then Leon ghosted, refused to return calls or emails, totally unprofessional, absolute frauds.

BE CAREFUL, they do not do "cannabis loans" period. They want/demand upfront fees and hard credit pulls, w/o any ability to close this type of facility.

BUYER BE WARE, go somewhere else, they cannot do what they advertise.

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