Loanbuilder Reviews

Voted Good (4/5)

5345 Votes

20 Reviews

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In the Non-Bank Financial Service category

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B Brad
53 days ago

Above and Beyond: Exceptional Customer Service at LoanBuilder

Upon reflection, I must express my deepest gratitude for the exceptional service provided by LoanBuilder. I have embarked on multiple loan transactions with them, amounting to an impressive $250k in total disbursed funds. Throughout these interactions, not once did I encounter any payment or borrowing issues; a testament to the smooth and reliable processes in place at LoanBuilder. However, a recent concern arose regarding their revised loan servicing procedures, focusing extensively on receipts as a basis for transactions. As a construction consulting business that operates through milestone payments, this adjustment posed a unique challenge for me. In the face of this dilemma, LoanBuilder’s standout team member, the relationship manager Fredie Jara, truly exemplified a staunch commitment to understanding and accommodating my specific circumstances. Despite the initial confusion and frustration surrounding the new requirements, Fredie’s unwavering support and dedication shone through. His proactive approach in addressing my concerns and transparent communication ensured that my needs were not only met but exceeded. Contrary to the negative sentiment expressed in some reviews, I found Fredie to be a beacon of professionalism and empathy. His willingness to go above and beyond to tailor solutions to my business model was truly commendable. Fredie’s personalized assistance and genuine care for my financial success reinstated my trust in LoanBuilder and solidified our business relationship moving forward. I am grateful for Fredie’s invaluable support during this challenging period and am now more confident than ever in continuing my partnership with LoanBuilder. Their proactive customer service and commitment to understanding individual business nuances have truly set them apart in the financial industry. Thank you, LoanBuilder, for your unwavering dedication to customer satisfaction, and thank you, Fredie, for your outstanding service.
M Melissa Doheny
97 days ago

LoanBuilder Walks the Extra Mile, But Watch Out for Customer Service

From the moment we reached out to LoanBuilder for financial assistance during a tough time, they were understanding and accommodating. The application process was smooth, and they showed empathy when we faced financial struggles. However, a hiccup emerged when we needed to re-initiate payments to avoid penalties, as one of their agents failed to follow through on our request despite assuring us it was done. This oversight led to our loan charging off, and unfortunately, our subsequent attempts to seek clarification and assistance hit a dead end. It's a reminder that while LoanBuilder's services can be a lifeline, it's essential to stay vigilant and double-check every interaction, particularly with their customer service team.
P P Nxumalo Bee Nxumalo
483 days ago

My Life Turned Upside Down: A Cautionary Tale of Financial Betrayal

Sharing my experience with loanbuilder.com is not just a review; it’s a cautionary tale of trust shattered and dreams crushed. I will never forget the day when they emptied my account, leaving me and my children in financial turmoil. The promise of a loan quickly turned into a nightmare as they not only took all my hard-earned salary but also blocked any means of communication. This heart-wrenching encounter with what can only be described as a sophisticated scam operation has left me devastated. The deceitful tactics of using my account to send money, only to disappear without a trace, have left a deep scar on my financial well-being. The hope for justice and retribution rests in a higher power now. My encounter serves as a stark reminder to always exercise caution and due diligence when dealing with financial institutions. The repercussions of misplaced trust can reverberate long after the initial shock. May my story serve as a beacon of awareness to others, preventing them from falling victim to similar deceitful practices.
T Tony & Andrew Power
552 days ago

Unforeseen Disappointment Turned Into Gratefulness

I was initially drawn to loanbuilder.com by their promise of no credit checks, which seemed like a beacon of hope during a difficult time. However, what followed shattered my expectations. The denial email, urging me to review my credit report, felt like a breach of trust and a harsh blow when I needed support the most - to attend a funeral. Despite feeling disheartened and frustrated after days of waiting and multiple follow-up calls, something unexpected happened. The customer service representative I spoke to went above and beyond to address my concerns and understand my situation. They not only clarified the situation but offered alternative solutions and empathized with my plight. This experience, though initially disappointing, turned into a moment of gratitude for the compassionate support I received. It reminded me that behind the veil of corporate procedures, there are individuals willing to listen, understand, and help in times of need. While my journey with loanbuilder.com began with skepticism and disappointment, it transformed into a tale of human connection and kindness that left a lasting impact on me.
J Jerry Wolak
592 days ago

Do not belief faux critiques.

My overview for loanbuilder.com That is typical monetary firm centered on optimistic critiques ( 'influencers' write a tons of lies about them, making dozens of faux critiques on web site like this one ) . The actual fact is that is relatively rip-off than monetary establishment. Their gross sales guys are just like used automobile dealership workers , who need you promote a lemon. NOTHING what they are saying is the reality. You might count on APR at $25-30% ( sure ! regardless of what they promise ) , you can not repay the mortgage earlier. The one who leaded you to sing the contract instantly is unavailable. Do your self a favor : STAY AWAY ! Regardless of what you may learn on PAID web site, tis is essentially the most untrusted service I gave skilled whereas I am 40 years in enterprise.
H Hung Tran
645 days ago

World main service

My evaluation for loanbuilder.com I've the consideration of working with Marayam by way of Loanbuilder by PayPal. The mortgage for my enterprise was seamless with out the same old headache you'd see from different lenders. Upon getting a monitor file with the corporate, the method is expedited. And, Marayam delivers world-leading customer support and topnotch experience. I extremely suggest a PayPal enterprise mortgage.- Dr. Harvey (Hung) Tran
P Peter OBER
826 days ago

Unparalleled Support and Transparent Process: A Loanbuilder.com Success Story

I cannot speak highly enough about my experience with Loanbuilder.com, and in particular, my exceptional representative, Nico. From our initial conversation to the completion of the loan process, Nico's professionalism and expertise shone through. He not only guided me through each step with clarity but also took the time to address all my queries, leaving no room for confusion or uncertainty. What truly set Loanbuilder.com apart was their commitment to transparency. Nico meticulously elucidated every aspect of the loan process, ensuring that there were no hidden fees or surprises along the way. This level of honesty and openness significantly eased my mind and instilled a sense of trust that is often hard to come by in the financial world. Based on my seamless and positive journey with Loanbuilder.com, I wholeheartedly recommend their service to anyone seeking financial assistance. Thank you, Nico, and the entire team at Loanbuilder.com, for a truly outstanding experience that has left a lasting impression on me.
B Brian D
971 days ago

Exceeding Expectations: Loanbuilder Delivers Excellence Once Again!

I can't help but sing praises for Loanbuilder after yet another seamless experience. Niles E. deserves a shoutout for making the loan process a breeze. Their transparent communication and impeccable customer service set them miles apart from the competition. What truly sets Loanbuilder apart is their commitment to customers. Not only did they offer us an outstanding APR and manageable weekly payments, but they also prioritized our needs as returning customers, ensuring our funds were swiftly deposited the very next day. It's this level of care and efficiency that truly sets Loanbuilder as the best in the industry. I've had encounters with other lenders, but none come close to Loanbuilder's exceptional terms and service. Their consistency in delivering top-notch financial solutions is unparalleled. If you're looking for a trustworthy and reliable partner for your financial needs, look no further than Loanbuilder - they come highly recommended from a satisfied customer!
B bimal patel
1076 days ago

Forever Grateful: A Seamless Funding Journey with loanbuilder.com

Embarking on my funding quest with loanbuilder.com was an absolute game-changer. From the initial application to the funding approval, every step was smooth sailing. The shining star of this entire process was undoubtedly Nick. His unwavering support and guidance made the journey incredibly effortless. Having relied on a company from New York for business funding for six long years, transitioning to PayPal's business loan builder was a decision I'll never regret. The rates offered were not just competitive but significantly lower compared to other players in the market. This switch not only simplified my financial landscape but also brought a sense of relief and security. In less than a week, I had the funds securely deposited, all thanks to the efficiency and dedication of Nick. His expert advice and personalized assistance truly set loanbuilder.com apart from the rest. The level of professionalism and care exhibited by Nick and the team is unparalleled. I am beyond grateful for the seamless funding experience provided by loanbuilder.com and for the exceptional service delivered by Nick. Thank you for making a significant difference in my business journey.
J James Shoop
1120 days ago

Patience Rewarded: A Testament to LoanBuilder’s Dedication

Discovering LoanBuilder amidst the turbulent times of financial uncertainty was a turning point for me as a business owner. Despite initial hiccups in the PPP processing phase, I found solace in their relentless efforts to secure my loan seamlessly. I vividly recall applying in mid-January, eager to navigate the uncharted waters of relief programs. The wait for SBA approval tested my patience, stretching until March 3rd. The anticipation was palpable as I yearned for the promised funds to materialize. Each morning, the familiar ping of the approval email echoed, renewing my hope and fortitude. As the days slipped by, my faith wavered, fearing the looming specter of cancellation by the SBA. The precarious dance of timelines and regulations haunted my thoughts, yet LoanBuilder's consistent communication and unwavering support anchored me through the storm. Today marks the seventh day since approval, a milestone fraught with anticipation. The impending disbursement within the SBA's ten-day grace period looms large, a beacon of financial respite on the horizon. The arduous journey, though fraught with delays, stands as a testament to LoanBuilder's dedication to their clients. James Shoop Screaming Oaks Farm In this rollercoaster of uncertainty, LoanBuilder has emerged as a steadfast ally, turning moments of doubt into a triumph of patience and perseverance.
T Thor Morris
1125 days ago

Transformed My Financial Future

My experience with loanbuilder.com has been nothing short of extraordinary. I initially applied for a PPP loan, hoping to secure some financial stability during tough times. Despite a few bumps in the road, their team went above and beyond to guide me through the process. Through their dedication and expertise, I was able to successfully secure the loan that ultimately transformed my financial future. Their meticulous attention to detail ensured that my application was processed efficiently, and their prompt responses to my queries were both reassuring and commendable. The staff's professionalism and unwavering support truly made a significant difference during a stressful period. I can confidently say that loanbuilder.com has not only restored my faith in financial institutions but has also become a beacon of hope for small business owners like me. I wholeheartedly recommend their services to anyone seeking a reliable and trustworthy financial partner. Thank you, loanbuilder.com, for turning what could have been a nightmare into a life-changing opportunity.
J James Richardson
1134 days ago

Nico: A True Game Changer at LoanBuilder!

It's not often that you come across a financial service provider who not only has multiple options but also goes above and beyond to ensure your complete satisfaction. That's exactly what I experienced with LoanBuilder, thanks to their exceptional representative, Nico. Having had a previous encounter with LoanBuilder that left me slightly skeptical due to costs, I was hesitant to give them another chance. However, Nico completely turned the tables with his proactive and caring approach. Despite initially considering other options, Nico's persistence and genuine concern for my financial well-being won me over. Nico didn't just focus on the present transaction; he took the time to understand my unique needs and future goals. His dedication and personalized guidance made all the difference, ultimately saving the day for me. Thanks to Nico's expertise and unwavering support, I not only secured a reliable financial solution but also gained a trusted partner for my future endeavors. In a world where customer service often feels automated and distant, encountering someone like Nico was a refreshing change. His professionalism, compassion, and commitment to delivering value truly set him apart. If you're looking for a financial ally who truly cares about your success, look no further than LoanBuilder, especially with representatives like Nico by your side. Trust me, he's a game changer you'll be grateful to have on your team!
J Joe Tally
1317 days ago

Loanbuilder by Paypal was a reasonably simple…

My evaluation for loanbuilder.com Loanbuilder by Paypal was a reasonably simple program as soon as we ironed out the APR, Mortgage builder got here by way of with the money and I got here by way of with the funds THEN COVID hit!!! It was horrible and I used to be very nervous about paying my money owed BUT Loanbuilder jumped in an mechanically suspended the weekly funds and I did not even ask or have to succeed in out. VERY progressive for an establishment to step up like that, I used to be very, very impressed! Past glad very pleased with the tip consequence.
L L.N.
1319 days ago

Grateful to Swift Financial: The Backbone of Our Business Success

Embarking on our entrepreneurial journey, we faced challenges that seemed insurmountable until we found Swift Financial. Their unwavering support and flexibility during tough times were nothing short of a lifeline for our business. Every interaction with their team exuded professionalism, making the entire process seamless and stress-free. Today, as we stand tall, having paid off our dues, we owe a significant part of our success to Swift Financial. Gratitude knows no bounds!
D David
1452 days ago

Transformed My Business Journey: A Smooth, Human Touch Experience

Upon stumbling upon LoanBuilder.com, I was hesitant, as it was my first time delving into the daunting world of seeking capital for my business. However, the application process proved to be faster and simpler than I could have imagined. What truly set LoanBuilder apart was the personalized touch – a real person reaching out to discuss my concerns, offer options, and guide me through the process. This human-centered approach alleviated my worries and instilled confidence in my decision. Out of the multiple offers I received, LoanBuilder stood out as the beacon of hope for my business. Their efficiency, coupled with genuine care, made this experience not only successful but also memorable. Thank you, LoanBuilder, for transforming my business journey and providing the best offer where others fell short.

Introduction

LoanBuilder.com is an online lending platform that offers small business loans to entrepreneurs and businesses in need of financial assistance. As part of the PayPal family, LoanBuilder.com provides a simple and efficient way for businesses to access funds quickly and conveniently. With a focus on flexibility and transparency, LoanBuilder.com aims to empower small businesses to thrive and grow.

Pros:

  • Easy and straightforward online application process
  • Flexible loan terms and repayment options
  • No origination fee or hidden charges
  • Fast approval and funding within 1-2 business days
  • Competitive interest rates

Cons:

  • Only available to businesses operating in the United States
  • High credit score requirement
  • Limited loan amounts
  • No physical branch locations for in-person support

User Experience:

The LoanBuilder.com website offers a user-friendly interface, making it easy for businesses to navigate and find the information they need. The online application process is intuitive and can be completed quickly, reducing the time and effort required to apply for a loan. The website also provides clear and transparent details about loan options, terms, and conditions, ensuring that users have a comprehensive understanding of their borrowing options.

Pricing and Value for Money:

LoanBuilder.com offers competitive interest rates on its loans, ensuring that businesses can access funds at a reasonable cost. Unlike traditional lenders, LoanBuilder.com does not charge origination fees or hidden costs, providing businesses with greater value for their money. The flexible repayment options and customizable loan terms further enhance the value proposition, allowing businesses to tailor their loan to their specific needs and financial capabilities.

Customer Service:

LoanBuilder.com prioritizes customer satisfaction by offering excellent customer service. Their dedicated support team can be reached via phone or email, providing prompt and helpful assistance to borrowers. While there are no physical branch locations, the online customer service is responsive and knowledgeable, ensuring that businesses receive the support they need throughout the loan application and repayment process.

Product Quality and Selection:

LoanBuilder.com specializes in small business loans, offering a variety of loan options tailored to meet the unique needs of different businesses. Whether businesses require capital for expansion, purchasing inventory, or managing cash flow, LoanBuilder.com provides reliable and high-quality loan products designed specifically for the small business sector. Businesses can choose the loan amount, duration, and repayment terms that align with their financial goals and requirements.

Website Usability:

The LoanBuilder.com website is designed with user experience in mind. It features a clean and modern layout, making it easy for users to navigate and access the desired information efficiently. The website provides clear explanations of loan terms, eligibility criteria, and application procedures, ensuring that businesses can make well-informed decisions. The online portal also allows borrowers to manage their loans, make payments, and track their progress seamlessly.

Returns and Exchanges:

As LoanBuilder.com deals exclusively with loans, their services do not involve returns or exchanges. Once a loan is approved and disbursed, businesses are expected to repay it according to the agreed-upon terms and conditions.

Promotions and Discounts:

LoanBuilder.com occasionally offers promotions and discounts to eligible borrowers. These promotional offers may include reduced interest rates or flexible repayment options. Businesses are encouraged to check their website or subscribe to their newsletter to stay updated on any available discounts or offers.

Reputation:

LoanBuilder.com operates under the PayPal brand, which is widely recognized and trusted for its secure and reliable financial services. With a solid reputation and years of experience in the online lending industry, LoanBuilder.com has garnered positive feedback from numerous borrowers. The company's commitment to transparency, flexibility, and excellent customer service has contributed to its reputation as a reputable and trustworthy lending platform.

Payment Options:

LoanBuilder.com offers various payment options for borrowers' convenience. Businesses can make loan payments using automated electronic deductions, ACH transfers, or debit card transactions. The online portal provides a user-friendly interface for managing payments and tracking repayment progress, ensuring that borrowers can easily stay on top of their financial obligations.

Loyalty Programs:

While LoanBuilder.com does not have a specific loyalty program, they prioritize building long-term relationships with their borrowers. As businesses successfully repay their loans, they may become eligible for additional financing options, increased loan amounts, and preferential terms in the future.

Customer Reviews:

LoanBuilder.com has received numerous positive reviews from satisfied customers. Borrowers appreciate the simplicity and speed of the loan application process, as well as the transparency in loan terms and fair interest rates. The company's prompt and responsive customer service also receives praise from borrowers who experienced assistance at various stages of their loan journey. These positive customer reviews highlight LoanBuilder.com's commitment to customer satisfaction and its ability to provide a positive borrowing experience.

Community Involvement:

LoanBuilder.com is actively involved in the small business community. The company partners with various organizations and initiatives that support entrepreneurship and economic growth. Through collaborations, sponsorships, and educational resources, LoanBuilder.com contributes to the success of small businesses and fosters a thriving business ecosystem.

Shipping and Costs:

As an online lending platform, LoanBuilder.com does not involve physical products or shipping. Therefore, shipping costs are not applicable. However, borrowers should consider the interest rates, fees, and repayment terms associated with their loans to understand the overall cost of borrowing.