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Find a Location

Benetrends, Inc. has 1 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    Business ProfileforBenetrends, Inc.

    Financial Services
    BBB accredited business

    At-a-glance

    Customer Reviews

    2/5stars

    Average of 8 Customer Reviews

    Customer Complaints

    2 complaints closed in last 3 years

    0 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 4/23/2004

    Years in Business: 41

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Related Categories

    Overview

    Benetrends blazed a trail with 401(k)/IRA funding (also called ROBS or Rollovers as Business Startups) with the innovative Rainmaker Plan®, which allows people to use their retirement savings to fund a business, tax-deferred and penalty-free. For entrepreneurs looking to maximize their wealth-building, our Rainmaker Advantage Plan® is a capitalization structure that provide business owners with a way to build wealth and allows for an exit strategy that mitigates or eliminates taxes on the profits from the sale of the company. Benetrends’ SBA department, with a national network of lenders and one of the highest loan approval success ratings in the industry, offers fixed-rate loans, and for entrepreneurs looking to open a business in Canada, Benetrends can help with financing. 

    Business Details

    Location of This Business
    1684 S Broad St Ste 130, Lansdale, PA 19446-5422
    BBB File Opened:
    4/23/2004
    Years in Business:
    41
    Business Started:
    5/1/1983
    Business Started Locally:
    3/10/2004
    Business Incorporated:
    5/6/1983
    Accredited Since:
    4/23/2004
    Type of Entity:
    Corporation
    Alternate Business Name
    • Benetrends Financial
    Business Management
    • Mr. Rocco Fiorentino, President
    Contact Information

    Principal

    • Mr. Rocco Fiorentino, President
    Additional Contact Information

    Fax Numbers

    • (866) 826-6701
      Primary Fax

    Email Addresses

    Industry Tip

    BBB Tip: How to shop for financial services

    Customer Complaints

    2 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    01/19/2023

    Complaint Type:
    Billing Issues
    Status:
    Answered
    Monthly I pay $138 to Benetrends to provide services to provide admin support and compliance for the **** program when I started my business. I inquired in Sept how to stop the monthly transactions and close the account since the business is no longer. I was told that a statement/estimate would be sent but that it would be around $600 and that I would then have to file the forms myself at the end of the year. A statement/estimate was not sent, Benetrends continued to charge me monthly for admin support and filing compliance. (An OOO/OOBUsiness message was placed on my email. No responses from the support agent ******************************* from Sept until I reached out Jan 2023). On 1/10/23 I sent an email to ********* no response I followed up on 1/18/23 bc no response and then finally later that day she responds saying that they sent a form via a portal in Oct and bc I didn't (which I do not see in my email inbox so it wasnt received) respond the terminated my service on 12/22/22 (yet they charged me on 12/28/22). A portal is not a way to communicate and bc they didn't file the form in 2022 now I owe a late fee to the IRS  and still have to file the form. this is what I paid for every month for the past 12 months and multiple years before. I believed that ********* dropped the ball, they knew I was looking to leave so they did not provide the level of service required. Over a 12 month period I paid them $1656 to provide admin support, filing and compliance services. They failed to provide that service. I have used them since 2017 and this was the forst year I have had this issues, I feel they dropped the ball bc they knew my business was closed and didnt service my account the way they were supposed to/what I paid them for.
    Read More

    Customer Reviews

    8 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Sergio H

    5 stars

    04/16/2024

    ****** led the creation process of my entity. He has been very reliable, answer my questions promptly and it is a pleasure working with him

    Local BBB

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