Mandatory Settlement Conference Scheduled QUONIX NETWORKS INC VS. BENCHMARK FINANCIAL GROUPS LLC

THE MANDATORY SETTLEMENT CONFERENCE IS SCHEDULED FOR 10/03/2011 AT 01:30 PM IN DEPARTMENT CX103.

Better hold the conference at Marcus Davin's off shore bank ..

Another Lie from Cobalt Funding /Benchmark

Below is an email from Jeff Brant a salesman for Marcus Davin... here Mr Brant Lies twice:
"Direct Lender since 2005"Marcus has not been doing business as Cobalt since 2005 and regardless .. he sure as heck isn't a direct lender .. and not even a licensed broker! He is a crook ...

From: Jeff Brant [mailto:jbrant@cobaltfunding.com]
Sent: Thursday, August 11, 2011 12:29 PM
To:
Subject: Cobalt - Equipment Financing

Did you ever purchase the equipment for your business?

If you still want some finance or lease options, please let us know.

IRS Rule 179 – Write off up to $500,000 this year with any new purchase!

Jeff Brant
Director of Marketing
Office: 949.215.4440 Fax: 949.215.4441
jbrant@cobaltfunding.com
"Direct Lender since 2005"

Another Complaint about Benchmark .. now Cobalt

Here is a short summary of what happened to me, I will be more than happy to send all copies of emails and other documents that I have concerning this matter if needed.

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After receiving emails normally every week, from Benchmark , I decided to reply to one. The representative that I dealt with was , Adam DiCosola, and the first email that I answered was one dated 1/20/2011 . I asked him to put together some funding details for a working capital loan/lease in the amount of 25k to 35k. After about a week, I completed the application and forwarded the required documents at the time. In February, he sent me an email, ( also a telephone call ) explaining the loan details, monthly payments and fees. In March , I asked specific questions concerning this matter, and he answered them in an email. I then sent the final signed documents with a check ( approximately $ 1600 ) to cover the 1st, last, and fees.

After he received this , he then said there may be additional fees now. He also said more documents are now needed. I supplied everything that was asked of me, all of the additional requests. In April, he now said that the original terms would have to be now changed, since this funding option was no longer available to me . ( ?????) He said that we now had to make it a collaterized loan. Again, I sent in more documents asked of me. I knew that something was wrong , and refused to send in any additional monies for fees etc.

In May, Mr. DiCosola said that all of his underwriters denied the funding. He then said there may be other options. I said to cancel all of this, and refund to me the money that was promised in our discussions. He said it would probably take a month but I would be receiving a check for my initial down payment minus their small fees.

Since May, I have been told that the accounting department has my file, that most of the employees are on vacation in June and July etc..... every excuse which he could state. I have never received anything back from this company, and now all of my emails and voice messages are being deliberately ignored.

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Again, thank you for your continued help in this matter, and whatever you need from me, please let me know.... I did send them a letter two weeks ago, and have attached it, for your review.

We did Good today against Marcus Davin and Benchmark Financial Groups, LLC

The entire effort is worthwhile because of what happened today. Chris a vendor., was doing some research for his customer. The customer was contemplating a lease from Benchmark.  Chris who is outstanding, Googled Benchmark and it led them to me.  His customer was asked to send $4,000 + for the deal that could be closed by next Wednesday. They needed a faxed copy of the check and signed docs ...today.   

Guess what advice I gave to Chris?  This is an example of excellent customer service!  Makes all effort worthwhile. 

Businesses don't commit crimes, People do.  

Financial Pacific does business with Benchmark Financial is it Legal?,

Good work Kit!

Financial Pacific is Licensed, Benchmark is Not!
by Christopher Menkin

Check out Financial Pacific is Licensed, Benchmark is Not!

Would you work for Marcus Davin? Know anybody who does? Contact me.

Hey Ron, if you can please not post my email address but I'm shocked how Benchmark can still operate. I know for a fact that they have only a couple of lenders who will accept applications from them. We had an employee who left our A+ rated BBB company with 10+ years in business, over 2 dozen lending sources, and a solid reputation to go work for Benchmark. He just quit there because of a commission dispute and is now looking for work again. I just can't imagine cold calling businesses and trying to get them to finance with  Benchmark. Sure some business owners are too busy to do a little background search and some are very trusting but the vast majority of business owners will do their due diligence. Benchmark employees must feel some guilt going into work every day. It has to be hard trying to earn a living when your employer's reputation is the worst in the industry plus with only a few lending sources. Many finance companies in Irvine are hiring experienced reps who are good on the phones. You can earn a living being a good person and not screwing businesses. It's a lot easier getting a customer to do business with you when you're an A+ rated BBB company. I feel bad for Benchmark employees. There's a lot more commission funding a $75,000.00 lease than ripping someone off for $1,000.00 and giving more than half to Marcus. Do the right thing.

Another advance rental complaint on Benchmark

 I sent my lease application on 02/08/2011 with the whole information in it; including my SSN, my address and company information. Few days later, i got a phone call from Steve Peeler where said "congratulation, you had been approved", now i will send you the form that you have to fill and sign out and send my back by fax including a copy of the check with the First and last payment and the $400 document fee. I sent him on 02/16/2011 and next day the total amount was withdrout from my bank account. 


Since that time the problems began. They was kept us in stand by for arroun 3 month (the vendor and m company) and in that time our vendor got the confirmation and then sent us the equipment. 4 motns later the vendor called me and let me know that the leasing company didn't paid they yet and they had to program the equipment pick up. At the end i had to apply with another company called Direct Capital, and this new leasing company approve me the purchase last 07/12/2011. I had been trying to reach Mr. Steve Peeler by phone and by E-mail but is Misssion Imposible. 


Two weeks ago 07-13-2011 somebody called me from Benchmark company and told me the they can't refund the money back because i signed a contract but i don't undersatand, if they never, never gave me the service due to their fault and i had to get the loan for another different company 5 (five) months later, they just said "I'm sorry but your money is here and you can use it with another loan"
 >  
>  Like you i would like to get justice for this guys. I have been researching about it and at this point they have a bunch of complaints. i think we can join.
> Marco Ibanez
> Graphic Color Design INC.
 > 4701 Distribution Court, unit 6
> Orlando, Fl. 32822
> Phone 407-4207989 <tel:407-4207989>
> Fax    407-4207990 <tel:407-4207990>