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Find a Location

Bellwether Funding, LLC has 1 locations, listed below.

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    Business ProfileforBellwether Funding, LLC

    Small Business Loans
    BBB accredited business

    At-a-glance

    Customer Reviews

    This business has 0 reviews

    Customer Complaints

    1 complaints closed in last 3 years

    0 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 11/20/2014

    Years in Business: 14

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    Bellwether Funding, LLC specializes in bridge loans, asset-based lending and private lending for investors and small business that need temporary cash or incur funding source setbacks. Solutions include: asset based financing, debt restructure, hard money lending, project funding, small business funding and factoring.

    Business Details

    Location of This Business
    251 W Broadway Ste 206, Waukesha, WI 53186-4852
    BBB File Opened:
    10/28/2014
    Years in Business:
    14
    Business Started:
    9/8/2009
    Business Started Locally:
    9/8/2009
    Business Incorporated:
    9/8/2009
    Accredited Since:
    11/20/2014
    Type of Entity:
    Limited Liability Company (LLC)
    Alternate Business Name
    • Bellwether Funding
    Hours of Operation

    Primary

    M:
    8:00 PM - 5:00 PM
    T:
    8:00 PM - 5:00 PM
    W:
    8:00 PM - 5:00 PM
    Th:
    8:00 PM - 5:00 PM
    F:
    8:00 PM - 5:00 PM
    Sa:
    Closed
    Su:
    Closed
    Business Management
    • Bill Frey, Owner
    • Susan Walsh, Customer Service Specialist
    Contact Information

    Principal

    • Bill Frey, Owner

    Customer Contact

    • Bill Frey, Owner
    • Susan Walsh, Customer Service Specialist
    Additional Contact Information

    Fax Numbers

    • (866) 519-6034
      Primary Fax

    Email Addresses

    Customer Complaints

    1 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

    07/21/2022

    Complaint Type:
    Order Issues
    Status:
    Answered
    I'm alleging that had the private lender made funds available for the repairs in a timely m****r I would not have been late and am owed $2,946.68. 07/07/2021 - Property purchase loan approval from Bellwether Funding for the purchase price ($50k) and repair ($54k) of a tax-foreclosed 4-unit property located at *** * ******** ***. The note is 12% interest only payments and has 6 month deadline when the entire sum is due. This requires monthly interest payments of $1,040 to **** ****, a private lender facilitated by **** **** of Bellwether Funding and a final payment of $104k (original loan amount). 09/03/2021 - Closing on subject property. **** requires to see $5k in property repairs paid by me before he will issue construction draw #1 to my contractor. January 2022 - Countless unanswered calls and emails to ****. I have 3 weeks of limited labor on the project, since they didn't get paid in 3 months. On Jan 17 **** updates me that the investor has COVID and can't wire funds until the following week. This wastes 4 weeks. The contractor can't order the materials needed or pay his workers because he hasn't been paid. Keep in mind there are material delays due to COVID supply chain issues. January 2022 - I try to mend the relationship with the contractor to finish the construction on the property. March 2022 - The loan is due at the end of the month, the contractors have finished. I notify **** and request the remaining funds be paid to the contractor. April 2022 - I submit all documentation requested from the title company. April 27 I am notified that payment is available for my contractor. 8 weeks total for 2 construction payments to my contractor. I make interest payments of $7,280 October 2021 - April 2021. After the property gets appraisal, and final approval from a bank, **** sends a payoff statement through June 27, 2022 for $105,906.68. This is $1,906.68 more than the agreed upon amount because of more interest. .
    Read More

    Customer Reviews

    0 Customer Reviews

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    Local BBB

    BBB Serving Wisconsin

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