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  • FIRST POST
    • Goldendolphin
    • By Goldendolphin 17th Apr 17, 4:35 PM
    • 30Posts
    • 10Thanks
    Goldendolphin
    Anyone heard of Nationwide corporate finance?
    • #1
    • 17th Apr 17, 4:35 PM
    Anyone heard of Nationwide corporate finance? 17th Apr 17 at 4:35 PM
    Hey Guys,

    Has anyone heard of Nationwide corporate finance...
    I'm looking to get a business loan for my business thats been trading since November last year.

    I've spoken to Nationwide Corporate Finance.. They needed a guarantor which is cool. and have offered me a loan (all done very fast within a day on a bank holiday).
    But they're asking for the one off set up fee and the first payment before the loan goes into my account which sounds odd to me..

    He said it was just company policy.

    they have tons of good reviews online but I don't know about the sites they're listed on so not sure if its legit or not.

    Thanks.
Page 2
    • Mobeer
    • By Mobeer 28th Jun 17, 2:31 PM
    • 1,717 Posts
    • 4,402 Thanks
    Mobeer
    Any legitimate lender who wanted to charge up-front monies for a loan would deduct it from what they gave you, not require it to be paid first.
    Originally posted by ThePants999
    As mentioned a few times in this thread, they are not a lender! They are a broker who charge for their services, just like other brokers do.
    • SnowTiger
    • By SnowTiger 29th Jun 17, 7:11 AM
    • 3,272 Posts
    • 2,239 Thanks
    SnowTiger
    As mentioned a few times in this thread, they are not a lender! They are a broker who charge for their services, just like other brokers do.
    Originally posted by Mobeer
    Extremely misleading website:

    We will always try to approve finance for you.
    NCF Unsecured business loans can be used to cover a wide range of requirements for your business.
    Our no hassle business loans are available to any UK business, the application process is simple and is quick enough to be completed online in minutes.
    There's a link to feefo reviews on their website. Lots of positive reviews, mostly dated 15th May 2017 and 18th March 2017. Obviously fake.
    • edd 1234
    • By edd 1234 3rd Jul 17, 4:09 PM
    • 13 Posts
    • 6 Thanks
    edd 1234
    I would like to thank everyone for the replies here. I have had a few calls and letters from these guys saying im pre approved for finance however I have never taken them up on it, thankfully
    • SparklesJD
    • By SparklesJD 3rd Jul 17, 6:12 PM
    • 79 Posts
    • 112 Thanks
    SparklesJD
    As another poster has suggested, get a Start Up Loan - fixed interest of 6% APR, up to £25,000 per owner and business support like mentoring, free help to complete your business plan and CFF if you need it. NO fees or admin charges other than interest.

    I am slightly biased as I used to work for a delivery partner, but it really is an excellent scheme for pre-start and new businesses (up to 2 years old).

    Go to www.startuploanscompany.co.uk and register your interest, they'll refer you to a partner in your area or sector.
    Worker in, and passionate advocate of, the credit union movement. I don't speak for the sector or for any individual CU. My opinions & experiences are my own.

    Search MSE for more info about CUs and find ones that cover your area by searching online for 'find your credit union'.
    • maxmycardagain
    • By maxmycardagain 5th Jul 17, 7:00 PM
    • 4,565 Posts
    • 3,716 Thanks
    maxmycardagain
    Dont slate Nationwide Corporate Finance Limited on MSE... they sue you



    Please see below the complaint:

    !!!8220;The natural and ordinary meaning of this statement is that our client takes deposits from its clients with no intention of assuring funding for them by way of a loan. The innuendo meaning of the statement is the same; that our client misleads its own client in a manner which breaches the provisions of the Consumer Protection From Unfair Trading Regulations 2008, and more generally, as such providing a negligent and potentially fraudulent service. As such, the seriousness of this allegation and the fact that !!!8220;edd 12134!!!8221; confirms, at 4:09PM on 3rd Jul that !!!8220;I have had a few calls and letters from these guys saying I!!!8217;ve been pre-approved for fianc! however I have never taken them up on it, thankfully!!!8221; demonstrates the effect upon our client!!!8217;s financial interests already caused by the Thread!!!8217;s contents, thereby demonstrating !!!8220;serious harm!!!8221; for the purposes of Section 1 of the 2013 Act. These allegations are wholly untrue and presented as statements of fact, rather than opinion, and even if they were justifiable as honest opinion, contain no basis upon which that opinion is founded and as such do not meet the 2013 Act!!!8217;s requirements in relation to that defence.!!!8221;

    Complainant name: Steve Kuncewicz
    Complainant!!!8217;s email address: steve.kuncewicz@slatergordon.co.uk
    Dont worry, be happy
    • maxmycardagain
    • By maxmycardagain 6th Jul 17, 8:59 AM
    • 4,565 Posts
    • 3,716 Thanks
    maxmycardagain
    your all in trouble............
    Last edited by maxmycardagain; 06-07-2017 at 9:23 AM.
    Dont worry, be happy
    • StopIt
    • By StopIt 6th Jul 17, 10:12 AM
    • 1,395 Posts
    • 1,250 Thanks
    StopIt
    Dont slate Nationwide Corporate Finance Limited on MSE... they sue you



    Please see below the complaint:

    The natural and ordinary meaning of this statement is that our client takes deposits from its clients with no intention of assuring funding for them by way of a loan. The innuendo meaning of the statement is the same; that our client misleads its own client in a manner which breaches the provisions of the Consumer Protection From Unfair Trading Regulations 2008, and more generally, as such providing a negligent and potentially fraudulent service. As such, the seriousness of this allegation and the fact that “edd 12134” confirms, at 4:09PM on 3rd Jul that “I have had a few calls and letters from these guys saying I’ve been pre-approved for fianc! however I have never taken them up on it, thankfully” demonstrates the effect upon our client’s financial interests already caused by the Thread’s contents, thereby demonstrating “serious harm” for the purposes of Section 1 of the 2013 Act. These allegations are wholly untrue and presented as statements of fact, rather than opinion, and even if they were justifiable as honest opinion, contain no basis upon which that opinion is founded and as such do not meet the 2013 Act’s requirements in relation to that defence.

    Complainant name: Steve Kuncewicz
    Complainant’s email address: steve.kuncewicz@slatergordon.co.uk
    Originally posted by maxmycardagain
    Edit: Apologies, I should read better.


    Spurious attempts to silence a public forum isn't exactly the best way to silence opinion though.
    your all in trouble............
    Originally posted by maxmycardagain
    Wrong usage on "You're" aside, edit: Oh.


    They're not suing anyone, they've made a complaint however it seems. Wow, petty! C'est la vie.
    Last edited by StopIt; 06-07-2017 at 10:14 AM.
    • MothballsWallet
    • By MothballsWallet 6th Jul 17, 10:20 AM
    • 12,302 Posts
    • 16,567 Thanks
    MothballsWallet
    Dont slate Nationwide Corporate Finance Limited on MSE... they sue you



    Please see below the complaint:

    The natural and ordinary meaning of this statement is that our client takes deposits from its clients with no intention of assuring funding for them by way of a loan. The innuendo meaning of the statement is the same; that our client misleads its own client in a manner which breaches the provisions of the Consumer Protection From Unfair Trading Regulations 2008, and more generally, as such providing a negligent and potentially fraudulent service. As such, the seriousness of this allegation and the fact that “edd 12134” confirms, at 4:09PM on 3rd Jul that “I have had a few calls and letters from these guys saying I’ve been pre-approved for fianc! however I have never taken them up on it, thankfully” demonstrates the effect upon our client’s financial interests already caused by the Thread’s contents, thereby demonstrating “serious harm” for the purposes of Section 1 of the 2013 Act. These allegations are wholly untrue and presented as statements of fact, rather than opinion, and even if they were justifiable as honest opinion, contain no basis upon which that opinion is founded and as such do not meet the 2013 Act’s requirements in relation to that defence.

    Complainant name: Steve Kuncewicz
    Complainant’s email address: steve.kuncewicz@slatergordon.co.uk
    Originally posted by maxmycardagain
    Nice to know NCF use Slater & Gordon, aka the personal injury lawyers who advertise on TV...
    Always ask yourself one question: What would Gibbs do?

    I live in the UK City of Culture 2021

    I had to put mothballs in my wallet - the moths had learned the PINs to my cards...
    • maxmycardagain
    • By maxmycardagain 6th Jul 17, 10:21 AM
    • 4,565 Posts
    • 3,716 Thanks
    maxmycardagain
    Its a loan for £15000 and the set up fee is £778.80 including VAT
    Monthly payments are 715.81 including VAT over 3 years...
    Originally posted by Goldendolphin
    VAT on monthly repayments?
    Dont worry, be happy
    • maxmycardagain
    • By maxmycardagain 9th Jul 17, 8:06 AM
    • 4,565 Posts
    • 3,716 Thanks
    maxmycardagain
    Seems this shyster company doesnt like adverse comments and is about to sue all MSE members with no love for them

    PAYBACKS A !!!!! AINT IT

    Dont worry, be happy
    • MothballsWallet
    • By MothballsWallet 9th Jul 17, 3:30 PM
    • 12,302 Posts
    • 16,567 Thanks
    MothballsWallet
    Edit: Apologies, I should read better.


    Spurious attempts to silence a public forum isn't exactly the best way to silence opinion though.

    Wrong usage on "You're" aside, edit: Oh.


    They're not suing anyone, they've made a complaint however it seems. Wow, petty! C'est la vie.
    Originally posted by StopIt
    Maybe someone needs to remind "Steve" about United Nations Universal Declaration of Human Rights (aka General Declaration of Human Rights) Article 19...
    Always ask yourself one question: What would Gibbs do?

    I live in the UK City of Culture 2021

    I had to put mothballs in my wallet - the moths had learned the PINs to my cards...
    • I Lostit
    • By I Lostit 12th Nov 17, 10:46 AM
    • 1 Posts
    • 0 Thanks
    I Lostit
    Take great care
    With this firm you need to be extremely careful and to record what their sales people say in the beginning, do not fail to do this.

    Then read the small print very carefully indeed. Failure to do this can be very expensive indeed.
    In addition the other reviews on the web are curiously repetitive. Almost each one says
    'professional' er........!!! Do not need to be Sherlock Holmes here.......
    • jonesMUFCforever
    • By jonesMUFCforever 12th Nov 17, 11:56 AM
    • 24,769 Posts
    • 11,978 Thanks
    jonesMUFCforever
    Did anybody put that email addy into SlaterGordon's search facility?
    What goes around - comes around
    give lots and you will always receive lots
    • AndyPix
    • By AndyPix 13th Nov 17, 2:57 PM
    • 3,555 Posts
    • 2,738 Thanks
    AndyPix
    In MY opinion , It is very misleading to only mention that they are a broker in small print at the very bottom of the site.


    "Nationwide Corporate Finance Limited can arrange finance to be provided by its sister company Alfandari Private Equities Limited and is also a broker."


    The website, again in my opinion, is very deceptive and makes all the noises of being an actual loan company
    Running with scissors since 1978
    • Palamut
    • By Palamut 12th Mar 18, 3:15 PM
    • 1 Posts
    • 0 Thanks
    Palamut
    Take on this company at your peril, they offered to take my stock and machinery as collateral as security for a loan assuring that they would be returned to me on final payment of the loan. After repaying the loan and interest I was presented with a bill for £5000 for the “return” of my goods which they say I had sold to them, which when I scrutinised the fine print this was the case. This was never mentioned by Nationwide Corporate Finance, and there was no such figure was in the contract. They threatened to remove all our machinery, so we were forced to pay.
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