Msbdfa Management Group, Baltimore, MD

I submitted a loan application almost 2months ago and still no update instead they giving me the run around asking for unnecessary and unrealistic information. I wonder if this is just a way to keep my application fee while denying my application. I mean what loan company requires a processing fee of $250? Especially a loan that is provided by the government to help minority businesses. I wouldn't be surprised if these people just granting their family and friends majority of the loan! The process is unrealistic and ridiculously scammish!

Like everything in America, their loan processing is political. Each time I submit my application they ask me for something else. It's just ridiculous. Its almost like they are trying to frustrate you deliberately so you can give up on your application even after they have taken your $250 application fee which seem bizarre to me if this is suppose to be a government funding but hey this is America.

In one WORD - SCAMMERS!

Never been there

This is a scam. They robbed me of $250 and denied me immediately for not being is business long enough. They deliberately worded the FAQ to lure you into paying the ridiculous fee then they deny you. You have to be the one to follow up with the decision as well, this is a government and state of Maryland scam.

I submitted a loan application almost 2months ago and still no update instead they giving me the run around asking for unnecessary and unrealistic information. I wonder if this is just a way to keep my application fee while denying my … More

Like everything in America, their loan processing is political. Each time I submit my application they ask me for something else. It's just ridiculous. Its almost like they are trying to frustrate you deliberately so you can give up on your … More