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Sagar Gogia
  • Wholesaler
  • BOCA RATON, FL
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Sprout Financial unsecured loan funding review

Sagar Gogia
  • Wholesaler
  • BOCA RATON, FL
Posted

Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used this company. I don't know if its legit or not? 

https://www.sproutfin.com

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Mindy Jensen
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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Mindy Jensen
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied

@Sagar Gogia , If they ask you for ANY type of fee - some sort of "loan insurance" fee is a popular one with the scammers - then run.

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