Business Consultants
Seek Capital, LLC.About
This business has 1 alert
Important information
- Pending Government Action:Government Action: BBB reports on known government actions involving business’ marketplace conduct:FTC vs Seek Capital LLC
The Federal Trade Commission is taking action against Seek Capital and its founder and CEO, Roy Ferman, for operating a bogus business finance scheme that cost small business owners more than $37 million.
According to a complaint filed by the FTC, the company has targeted new and aspiring small business owners looking for loans or lines of credit to open or grow their businesses. While the company’s advertising implies that business owners would have access to cash, instead Seek charges clients thousands of dollars simply to open credit cards in the owners’ names.
About This Business
Seek Capital is NOT a lender, all funding is via national and regional banks.
Please note: Seek Capital reports all positive/ negative payments to the business credit bureaus and is contractually bound to accurate reporting.
Business Details
- Local BBB:
- BBB of Los Angeles & Silicon Valley
- BBB File Opened:
- 3/4/2015
- Business Started:
- 1/1/2015
- Business Management:
- Mr. Roy Ferman, CEO
Additional Contact Information
- Principal Contacts
- Mr. Roy Ferman, CEO
Licensing information
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Additional Information
- Business Categories
- Business Consultants
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