Channel

"They are a bunch of vultures, they reel you in with comparable terms and interest rates and then they switch you to 12 month terms with ridiculous weekly payments that by the time you're done paying it off you have paid one and one half times what you borrowed. I borrowed 100k 52 weekly payments of 2711.66 I paid back 141,006.32. these are mobsters and should be put out of business."

"Financed 2 commercial trucks with them. Very frustrated and not happy at all. They required 2 first payments which we did even having excellent credit and our first payment would be in a month, noticed a ACH withdrawal of $499.99 and another one for 520.86 called them and said it was a fee they have. He called it some other fancy name which is literally money thrown out the window. If we would have known they had this hidden fees we would have went with our local bank. They said they disclosed it and they never did. We don’t do business like that. Not a happy customer."

"Have worked with them for over a decade, they have the best programs compared to similar organizations. Found a Google review here that had nothing to do with the company performance but rather a botched phone call. Unbelievable."

"I found them online and called to get more information. The man who answered the phone spoke to me like I dialed the wrong number then, told me the person I needed to speak with was on break. He took my information, called me back (hours later) and said "How did you hear about us? Customers are usually referred to us by brokers." (which the website doesn't mention). I replied "online" he replied "Ok, a manger will reach out soon."... I felt judged from the phone, nothing about the call was warm but that's ok. Good look to them."

"I'd be careful borrowing from Channel Partners. It's very costly and the daily or weekly draw on your cashflow has to make the cost worth the gain. Yes it's easy to lend a decent amount of money but make sure the ROI is worth the cost. I did use their program and completed our loan but the cost never went down after telling them THREE times I wouldn't accept their high cost loan, $40K on a $150K, but every time they said they could do better. I'm not saying to use their financing but be very careful, it will suck the life out of your business if you're not careful. Good Luck!!!"