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Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
195
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2,113
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Rod Aycox Limited Liability Company

Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
Posted Aug 10 2018, 09:56

I Googled Rod Aycox before applying for a business line of credit and it appeared from his apparent wealth he could make private Loans.  I Applied and got my company approved for $10,000 on terms that were so good, it just didn't seem to be true.  Then came the "Red Flag".  $850 processing fee required up front that could not be taken from the Loan proceeds.

Only a copy of my Drivers License was sent with the application to an approval letter which did not indicate any up front fees were clearly required.   Just wanted to know if anyone has sent this Lender an up front Fee, as I'm sure I'm not the first person who finds up front fees for Loans a problem.  If someone on BP moved forward on a leap of faith, I would like to know.

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