Reliant Capital Avis 23

Avoid Reliant Capital – They are Complicit in Deceptive Practices with Pawnee Leasing

I had the unfortunate experience of working with Reliant Capital as a broker for financing an $18,000 ultrasound device for my new small business. They were supposed to be a trusted partner, looking out for my best interests. Instead, they led me to believe I was entering into a loan agreement with no early payoff penalties and the ability to eventually own the equipment once it was paid off. What I ended up with was a 60-month lease, no option for early payoff, and the reality that I would pay a staggering $54,000 for equipment that cost only $18,000. It kills me becauase I had teh money to pay the device but I wanted to keep a little extra capital for my brand new business in case I ran into issues (like Hurricane Helene)

Reliant Capital was fully aware of the deceitful practices of their financing partner, Pawnee Leasing, and they still chose to use them. This tells me that Reliant Capital is either complicit in the scam or is benefiting from the kickbacks they receive by locking customers into these predatory lease agreements.

What’s worse is that the sales team at Reliant Capital never disclosed the true nature of the agreement. They assured me that I was getting a loan with no hidden fees or penalties. However, once I signed the papers, I discovered I was trapped in a lease that I could not pay off early without incurring huge penalties. I was also told that I would own the equipment once I finished paying off the total amount, but this is not the case. Instead, after paying $54,000 over five years, I still won't own the equipment.

It’s clear that Reliant Capital knows exactly how scammy and dishonest Pawnee Leasing is, and they chose to work with them anyway. They’ve put my business at risk by pushing me into this terrible financial situation. After hearing about many similar experiences from other business owners, it’s obvious this is a pattern of behavior designed to trap customers and drain them financially.

If you're a business owner looking for financing, avoid Reliant Capital and Pawnee Leasing at all costs. Their deceptive practices are harmful, and I wouldn't wish this experience on anyone. RUN the other way if you are considering working with either of these companies.

The application process was exceptionally efficient with remarkably fast turnaround times. Communication was outstanding throughout the entire process, both with customers and within the organization. Special recognition goes to Philip Kim for his highly professional approach and service.

I recently had the pleasure of working with Ryan Waggoner of Reliant Capital and couldn't be more satisfied with my experience. He was always quick to respond to any questions. He listened to our needs and found great funding. The loan process was smooth and efficient. I would highly recommend Ryan and his company.

David has great communication skills and prompt follow up. He has helped my customers get financing for their projects. It makes the entire process easier for all parties. Quotes are turned around really fast. Thank you for your help!

Deron was the best! He sticks with the process the entire time and will go to work on your behalf. He makes sure the deal gets done! I highly recommend!

Daren Lott is very knowledgeable about financial product and understanding business owner's need. He provides very resourceful information.

As a small business owner and new solo private practice owner I appreciate timeliness and great communication. Phil Kim was a great communicator throughout the entire process of securing financing. I also had some issues due to third party companies that Phil was quick to resolve. I will forever be thankful for Reliant helping me to secure financing to expand my practice. I also spoke to Brian Bernal (president of company) multiple times and he was lovely. Thank you for operating in integrity and being so kind during this process.

Fast and efficient - Ease of doing business with Ryan. Great experience.

Phil our rep was wonderful throughout the whole process. He kept us informed on all the paperwork and even told us when the payment was dispersed.
We will definitely be using this company and Phil again.

I have worked with Jason & Reliant Capital for over 5 years. He is my 1st choice for any lending for my team. Jason’s integrity, work ethic and service is second to none. Our providers trust him and in over 5 years I haven’t had a single complaint. It has been a pleasure working with him & reliant and I would recommend him as a first choice to anyone looking for capital lending !

I had a great experience working with Phil Kim on getting financing for several equipments I have bought recently. Always there to answer your questions and doing his best to get your financing deal on time and on best terms. Highly recommend!

Jason and the Reliant Team have been phenomenal to work with! A great hard working team with great culture. They are quick easy and give the client their best options and opinions. They pride themselves in doing the best for the client. 5 out of 5 stars, highly recommend!

Reliant Capital definitely lives up to their company name!! I’ve had the pleasure of working with Jason Bernal of Reliant Capital for the last few years and he’s one of the most reliant, responsive and professional lenders I’ve ever come in contact with. We continue to use his services because we know that we can always count on him to deliver the best experience for everyone.

Phil was extremely responsive, communicative and helpful. He was a pleasure to work with.

I have known Jason and his team for years now and they have become my go to lending group. Jason is always quick to respond, thorough, honest, and very trustworthy. All of my clients that have worked with him are pleased and prefer working with him when anything additional is needed. Always willing to do business with him and would recommend to anyone looking for capital.

Ryan was very responsive to our needs and got everything handled in an efficient and expedited manner!

I absolutely love working with Reliant Capital! Mike Patrick has been so helpful and kind!! He is very responsive and answers all my questions, no matter how silly they are (and some of them probably make him shake his head and laugh!!)
10/10 recommend!✨

Working with Mike has been wonderful. He is a great communicator and handles our financing projects with a sense of urgency and professionalism. We really value him as a partner.

Brian was excellent to work with and I was very pleased with the service he provided. He made the process from beginning to end extremely easy for me and my customers. He was always very responsive and answered all my questions.
I am looking forward to working with him again on future projects.

Ryan Waggoner is beyond and above anything I imagined from a financing expert. He was not just a typical loan officer but he helped us more as the owner and president of the company he worked for. He was more like a family member concerned about our financing needs. Pure and simple.