Reviews 3.9
118 total
Jessica
1 reviews US
Dealstruck is great!!
After being turned down at our bank because we hadn't been in business for quite 2 years, we were feeling stuck. We knew without a doubt our business plan would be profitable, we just needed a loan company to give us a chance (without daily payments). Dealstruck really helped us and they made the process very easy! Thank you!!
Date of experience: November 05, 2014
Gil J Walker
1 reviews US
Absolutely Amazing Experiance
Great company completely ethical and after reviewing some other offers we received they were in a different class one of the few companies that doesn't act like a loan shark.
Date of experience: November 13, 2014
Danny
1 reviews US
Kick ass funding resource
Dealstruck worked with us to get funding and really took the time to understand our needs and how our business works. If you're a small business looking for non-traditional funding, Dealstruck should be the first place you should look!
Date of experience: November 14, 2014
Daniel Black
1 reviews US
Meet and exceeded our expectations
This company is a really diligent and thorough organization. Everyone is competent and more than willing to help. This is our first experience with them, but we are so looking forward to refinancing our current fabulous 36 month deal within the next 18 months for another with even much more favorable terms!
Date of experience: January 08, 2015
Kimberly
1 reviews US
Dealstruck
Dealstruck is a breath of fresh air and easy to work with. Everyone there is friendly and very helpful. I appreciated their honesty and hard work to get the deal done.
Date of experience: January 08, 2015
Michael
1 reviews US
Small Business Debt Restructure and Working Capital
My company is extremely satisfied with the service provided by Dealstruck. We have been actively seeking a refinancing package for over two (2) years with no success. Despite cash flow coverage of 2X to 3X, traditional lenders found one excuse after another to deny us a traditional term loan and a line-of-credit. As a result, the company had to rely on high-interest daily repayment loans and invoice factoring. Even with a track record of repaying the exorbitantly high-interest loans with no lapses, that was still not enough to convince any traditional bank. The maddening part about all of this was that the traditional lenders received taxpayer dollars to provide liquidity to small businesses to help the economy recover as part of the financial bailout. These lenders have done the exact opposite, leaving small businesses with very few alternatives to finance their businesses. We discovered Dealstruck and within one (1) week, they understood our business, our growth objectives and our cash flow situation. In that same time period, they were able to refinance our current debt in the form of a term debt and provide us with a flexible line-of-credit to manage our working capital needs for our growing business. Dealstruck truly represents an under-served market of providing a financing alternative between a traditional lender and the high-interest, short-term daily repayment loans for small companies. We have nothing but the highest regards for the expeditious and professional manner in which they met our needs. They are truly the lender of choice for small businesses. The team we worked with of Lana, Herb, Camille and Amber were all terrific.
Date of experience: February 06, 2015
Chris
1 reviews US
AMAZING WONDERFUL OUTSTANDING SERVICE
Our company is self funded so cash flow can be an issue when you are experiencing dramatic growth. We had a short term financing deal fall apart at the last moment that was required to complete a large project that was already under way. I reached out to Dealstruck with our financials etc and Herb Fernandez called me back with in minutes to let me know what kind of a deal he could put together. He fast tracked the application and before I knew it we were approved and going through closing. In my original conversation Herb also suggested an additional financial product that Dealstruck offers that will help us with our future needs and smooth out our cash flow The closing process was outstanding.Lana Worthington is a true professional with significant background and experience. We had an issue come up during the close and she found a way around it in a matter of minutes. She was proactive in setting expectations as to what would happen and left nothing to doubt,. When a little more documentation was required she described n detail what was needed and why. We have now been assigned an account manager Amber Cervantes, and she is already on top of the game letting us know how things will work going forward and to rely on her for assistance. So to sum this all up. Dealstruck came through when others had failed miserably Their staff is extremely competent and was looking out for our interests at all times. Herb: Took the time to understand the business and came up with some great solutions for us The process ran very smoothly and Dealstruck staff exceeded my expectations at all times The rates for the financing are extremely competitive and will save us about $20K over other vendors From the time I filed the application to close 7 days, it would have closed faster but I had not provided all the docs requested Their online portal for account management fits our business model well as we are a virtual company. With Deal struck not only do I get to deliver to our client on time but I have a new business partner that will help me grow my business.
Date of experience: February 07, 2015
Flavio R Bravo Certified CTEC Tax Instructor
1 reviews US
The right choice at the prefect rate in time of financial distress!
My experience with Dealstruck is nonetheless the best experience I had in the 25 plus years of being self employed. No other institution has come through as Dealstruck ever did. I would recommend Dealstruck to my small business clients any time of the day. Furthermore, I will always be thankful for what you did in providing the financial assistance for the further growth of my tax business.
Date of experience: February 11, 2015
mikeasmel
1 reviews GB
Reliable, fair and straightforward lender! DealStruck came through!
We are a rapidly growing educational software start up that has already booked $6.0M in sales in our first year of operations. However, since we haven't been formally incorporated for over 2 years, we were unable to secure traditional bank lending. We had been using a few very expensive cash advance web lenders but the daily draw that they required of us was too onerous to manage not to mention expensive. We are in the process of raising $3M-$5m of Series A capital and the $250k line of credit that DealStruck provided was just what we needed! They have been very fair and easy to deal with and to stick to their word. Oh, and we happen to have most of our receivables with one foreign customer and they understand and have been willing to take a risk and loan to us. Truly fair and good guys. Thanks DealStruck!
Date of experience: February 11, 2015
Revon Shaw
1 reviews US
Dealstruck has the most honest and caring staff that I have ever encountered.
For a start up company that has limited options as far as cash flow, Dealstruck has been the helping hand that others would not extend. Where other lenders only see opportunity to profit and gain from your business, Dealstruck actually looks for ways to help your business grow. Dealstruck's staff is professional and courteous. Every time I have talked to any of the staff there first question is how are you, not how is business. They really go the extra mile to provide what your company needs to be successful. I will always be very appreciative of them as a company for providing the funding my company needed, but more importantly for the personal and professional manner in which they did it. Thanks Dealstruck you are a true friend to small companies such as mine.
Date of experience: February 12, 2015
Max Thomas
1 reviews US
Great and Trusted Partner
The folks at DealStruck are fantastic. They really do work with us in regard to our financing needs and also are empathetic to the realities of managing cash flow. They're not just an algorithm. They're real people working with us on growing our business. We're grateful to have them as our partner for alternative financing.
Date of experience: February 12, 2015
Chris
1 reviews US
Overall Great Experiance with Deal Struck
Dealstruck provided us with the operating capital we needed. We would recommend them to anyone.
Date of experience: February 12, 2015
Vince Guy
1 reviews US
Superior Customer Service
Honestly, one of the best companies I have ever done business with. They were very helpful and customer-centric. Company is highly recommended.
Date of experience: February 12, 2015
Derek
1 reviews US
Great and very easy to work with
Very easy to work with
Date of experience: February 13, 2015
Sky Pace
1 reviews US
My Best Lending Experience as a business owner.
Financial downturn in 2008 caused banks to change their lending policies. These policies were dictated by new misguided regulations, that ultimately made it close to impossible to get a bank loan, or line of credit for a startup business, or newer business (less than 5 years) without giving away your first born. This being a fact, where does one find the capital needed to make their business dreams a reality? The answer is simple. You either put up your house, or you ask your rich parents for money, or alternatively, you talk investors into believing in your vision and dream for a large portion of interest in your company. But what if you dont have a house, or rich parents? What if you dont know investors? What if you still have the belief that-- in America you should be able to follow your dreams and build your own business without having to give 50% or more of it to an investor. The original answer becomes less attractive the less you are willing or able to give up. With the banks, the less money and assets you have, the less money, control, equity, etc you will get. Sweat equity is worth ZERO when you need money. Why should you put in 150% of your time, effort, and energy, while giving up 50% of your business just to get capital? When you find yourself in this exact situation as I did two years ago, you do the only thing you can do. Look for "alternative lending" institutions. This can be a very scary thing. It usually means high interest, high fees, and high exposure (personal) Usually, it means you're working with loansharks that care about the money, and dont care about you or your business. They want high interest returns and they will give the money to just about anyone who is dumb enough to pay. I searched on the computer for hours until I came across Dealstruck. Dealstruck seemed to have many lending programs that were a perfect fit for what I needed. They money still looked more expensive than what I was willing to pay. But I soon found out that it was the best rates possible for what I was getting, and what I received was far better that what I thought I needed. Dealstruck was extremely easy to work with and really wanted to understand my business so that they could insure that the lending product they had was a good fit. The deal was structured, made the borrowing work optimally for both parties. During the process I began to realize that their lending model is based on a relationship that is much like a partnership. Their model is structured so that the more they know about your needs, the better they can help you, and save you money. Because they are not a traditional bank, they do not think like traditional bankers. Rather, they take a forward approach to masterminding a solution that maximizes your lending benefit. The benefit and structure depends on the goals your business is trying to achieve. Once the goal has been identified, Dealstruck goes to work tailoring a solution that works best for you. In my experience, their team really builds a lending program rather than just providing you with funds. This flexibility insures your success, and theirs, Usually, answering specifics about your credit history, and filling out contracts, etc takes more time than anything when getting funded. At Dealstruck, their application and approval process is lightning fast. More time is spent talking about your needs and your business, than your worthiness. Once the plan is set, funding happens seamlessly depending on the lending product in as little as one day. I recommend Dealstruck to anyone that needs business funding and wants their business to be successful. If you are in business or starting a business, you are this person.
Date of experience: February 14, 2015
Edison
1 reviews US
Can't say enough
We were guided to deal struck while trying to navigate the very difficult waters of growth financing. Our business was growing and the need to expand was pressing us hard with working capital. We were connected to deal struck and they were the first organization to truly seem to get what we were trying to do. They came back with a package that made sense for us that Was forward thinking. The process was reasonable and we wre able to expand as we needed to. That was not the end for us. After closing I didn't understand their process correctly and wasn't taking advantage of the portal. This was all new to me and frankly uncomfortable. I grew this business from nothing and the change made me nervous. I received a phone call from Robert, who could not have been any more understanding. He walked me through every step and explained how their process works and how we benefit from it. I got off the phone with a huge weight off my chest. More than just financing I felt like someone else was concerned about making sure we kept growing responsibly. I would recommend Dealstruck without one hesitation!
Date of experience: February 14, 2015
Robert Sparrow
1 reviews US
Above and Beyond Service!
Rather than simply approve or reject my specific loan request, the Dealstruck team got together and produced a comprehensive solution to our high growth challenges. Being A true business partner sets Dealstruck apart from the competition!
Date of experience: February 15, 2015
Jennifer
1 reviews US
Truly the BEST!!
I'm mad at myself for not using Dealstruck sooner! We moved from a factoring company who tried to switch us to a line of credit while still working like factoring and it was a nightmare. Dealstruck came in and SAVED us! They have AMAZING customer service and will answer ANY questions you have quickly and so politely. It's been such a treat to work with them. We never have any issues and our money is literally in our account within 15 minutes usually. Time is money and Dealstruck knows it! We love them!!
Date of experience: February 17, 2015
Business Services Company Owner
1 reviews US
Very Impressed
We recently sought financing to help fund our rapid growth and to better manage working capital. We were extremely impressed with the professionalism and creativity of the Dealstruck team (Matt Clegg, Jeanenne Richert and Tierra Boyd) working on our loan. They took the time to understand our needs and structure a solution that met those needs. They were also very pleasant to work with and made the process enjoyable. They also made it clear that they didn't view our loan as simply a transaction but as a relationship. I will certainly recommend Dealstruck to any business seeking a reliable capital provider.
Date of experience: February 18, 2015
John Cashman
1 reviews US
So easy!
Worked with Dealstruck over a period of two weeks. They consolidated our debt at a longer term and much better interest rate. They were very easy to work with, very quick and followed an easy to understand process. I didn't feel harassed or taken advantage of and they spoke plainly on what we could expect from their company.
Date of experience: February 27, 2015
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About
We combine the best of technology with the best of traditional finance to provide efficient service and innovative funding solutions that are fair, transparent, and affordable.
At Dealstruck, we have utmost respect for you – the small business owner. Our team of entrepreneurs, expert lenders, and technologists know that you are the star of the show and that the financing options facing your successful business are often costly, confusing, and inflexible.
We are here to change that by combining technology with a unique suite of loan products designed specifically to offer your business a credible pathway to mature financing. Through our online platform, your business can receive real-time feedback on its borrowing options and prequalify instantly for a loan suited to your specific needs.
Our ultimate victory is to graduate your business away from short-term, high-cost capital by providing the right product at the right price at all stages of your company’s growth.