I found a financing company which was purposed by a repair shop. I needed an overhaul on my truck. That financing company is Accord Financial from Covington, Ohio. It was a broker for what I did not know. The cost of the overhaul was over 18.000$. This financial broker told me about Pawnee leasing inc as a main company which whould do all the finances.
Pawnee leasing inc just financed 15.000 and I had to pay the rest of the amount. They required me to send them my title and make a downpayment of 1300$. I agreed to do an agreemnt of 3 years finanicing and the total amount for 3 years of financing was something over 24.000$. Pawnee leasing paid a freightliner dealer from Elmhurst Illinois last year in October, 2013. By today December 05, 2014 including the downpayment and all the payments I made the amout is 11.450$ which means 1 year and almost 2 months. I contacted Pawnee leasing in November, 2014 to ask about my pay off quote. They told me that it was 14.000$. It was funny for me to hear this. I told them i could do 9.000 extra to finish this and that would calculate over 20.000 in 1 year and 2 months. They refused my offer and I told them I would stop making monthly payments which I did.
Pawnee leasing is a crook company from which you must be far away, EVIL. I dont recommend this company even to the worst people on earth.
STOP, STOP, STOP, STOP. OR YOU WILL BE IN A BLACK HOLE.
After 5 years in equipment leasing, I can finally say TODAY that I am relieved to be done with this industry! But to those of you poor, unsuspecting business owners, BEWARE of this "lender", Pawnee Leasing Corporation. Yes I'm guilty for sending my deals to this "lender". For me, it was just a job to pay the bills. I just feel a lot of guilt having secured financing for honest people through Pawnee Leasing. If you are a small business owner looking for financing and contact a "broker" to help you, make sure to ask your representative does not to send your transaction to Pawnee Leasing. Why? The rates start at 14% for A CREDITS! For start up/new businesses, the rates start at 31-32%. Brokers are allowed to add up to 15 points on each deal. For A CREDITS, the rate skyrockets to over 20%+ APR and for new businesses, it's over 40%+! How does Pawnee get away with it? Lets just say that my ex employer played the waiting game, bait and switched our customers, or just preyed on desperate small business owners. Once the deal funds, Pawnee Leasing charges "interim rent". What is interim rent? Say your broker gets Pawnee to fund the deal on the 10th of January. Pawnee Leasing will charge you a FEE from the 11th to the 31st, a pro-rated "rental" payment that does NOT count towards anything but PROFIT for Pawnee Leasing. Once the customers pay the interim, you would think the fees end right? They charge you "lack of insurance" fees even if you have insurance! I can't tell you how many customers called me after their deals funded that they had their business checking accounts automatically drafted (it's called ACH and this is a requirement on all of their deals). I'm not proud of my time in leasing, but I'm hoping to save ONE business owner from securing financing with this "lender". I was not in credit or funding so I don't have specific names at Pawnee but the names of their staff are listed on their website. I don't know how they sleep at night ripping businesses off and causing so many small businesses to fail! I just want to apologize to those of you who fell victim to Pawnee. I'm really sorry and if I could change what I did today, I would immediately.
Pawnee Leasing Corporation Reviews
I found a financing company which was purposed by a repair shop. I needed an overhaul on my truck. That financing company is Accord Financial from Covington, Ohio. It was a broker for what I did not know. The cost of the overhaul was over 18.000$. This financial broker told me about Pawnee leasing inc as a main company which whould do all the finances.
Pawnee leasing inc just financed 15.000 and I had to pay the rest of the amount. They required me to send them my title and make a downpayment of 1300$. I agreed to do an agreemnt of 3 years finanicing and the total amount for 3 years of financing was something over 24.000$. Pawnee leasing paid a freightliner dealer from Elmhurst Illinois last year in October, 2013. By today December 05, 2014 including the downpayment and all the payments I made the amout is 11.450$ which means 1 year and almost 2 months. I contacted Pawnee leasing in November, 2014 to ask about my pay off quote. They told me that it was 14.000$. It was funny for me to hear this. I told them i could do 9.000 extra to finish this and that would calculate over 20.000 in 1 year and 2 months. They refused my offer and I told them I would stop making monthly payments which I did.
Pawnee leasing is a crook company from which you must be far away, EVIL. I dont recommend this company even to the worst people on earth.
STOP, STOP, STOP, STOP. OR YOU WILL BE IN A BLACK HOLE.
After 5 years in equipment leasing, I can finally say TODAY that I am relieved to be done with this industry! But to those of you poor, unsuspecting business owners, BEWARE of this "lender", Pawnee Leasing Corporation. Yes I'm guilty for sending my deals to this "lender". For me, it was just a job to pay the bills. I just feel a lot of guilt having secured financing for honest people through Pawnee Leasing. If you are a small business owner looking for financing and contact a "broker" to help you, make sure to ask your representative does not to send your transaction to Pawnee Leasing. Why? The rates start at 14% for A CREDITS! For start up/new businesses, the rates start at 31-32%. Brokers are allowed to add up to 15 points on each deal. For A CREDITS, the rate skyrockets to over 20%+ APR and for new businesses, it's over 40%+! How does Pawnee get away with it? Lets just say that my ex employer played the waiting game, bait and switched our customers, or just preyed on desperate small business owners. Once the deal funds, Pawnee Leasing charges "interim rent". What is interim rent? Say your broker gets Pawnee to fund the deal on the 10th of January. Pawnee Leasing will charge you a FEE from the 11th to the 31st, a pro-rated "rental" payment that does NOT count towards anything but PROFIT for Pawnee Leasing. Once the customers pay the interim, you would think the fees end right? They charge you "lack of insurance" fees even if you have insurance! I can't tell you how many customers called me after their deals funded that they had their business checking accounts automatically drafted (it's called ACH and this is a requirement on all of their deals). I'm not proud of my time in leasing, but I'm hoping to save ONE business owner from securing financing with this "lender". I was not in credit or funding so I don't have specific names at Pawnee but the names of their staff are listed on their website. I don't know how they sleep at night ripping businesses off and causing so many small businesses to fail! I just want to apologize to those of you who fell victim to Pawnee. I'm really sorry and if I could change what I did today, I would immediately.
hello ...inref to pawnee leasing and your comment here
i need help and i need your advice
i leased from pawnee and am having major problems
if you could please email me at [email protected] ...i just have a couple questions id like to ask you
please...its a dire situation
thanks so much
anthony petrone
petronov armament
phoenix az
602-619-1651