Spartancapitalgroup Arvostelua 

My experience with Spartan has been extremely frustrating. Their September 25 statement showed an ending balance of $18,575. After two late payments(5 days late and caught up with the payments), my own calculation based on that statement was $16,415. Spartan later sent a screenshot showing $26,827.75, including $9,917.75 in fees.
I dispute the added fees and have requested a complete, updated statement in the same clear format as the September 25 statement, with payment allocations and an itemized explanation of each charge. I still have not received that breakdown. A clear accounting should be straightforward to provide just as they did September 25th but since it’s their main interest of making sure the debt keeps increasing, they will ignore you and through their legal gloves at you and force you to sign a new contract. And if you don’t their ( Erick) response was ,,I’ve explained this several times. Until you sign the new agreement, this is the balance. Regardless of what you agree to or accept”
Based on my experience, business owners should carefully compare financing options and review an MCA’s default provisions, fees, and payment-allocation terms before signing. No matter how desperate your situation find other ways or cut your lost. It’s not worth payment 3x of what you borrowed.

I applied for a loan and submitted my bank statements and infos
Soon after I am getting hundreds of calls from random people and they said they have my statements and SSN
I spoke to spartan about identities were all over but they tried to blame me
I would never trust these people

Had an MCA with spartan. Had a decrease in revenue and had two vehicles go down in one week. Contacted spartan. They agreed to withhold 1 withdrawal. Day comes and oops we withdrew it anyway. Sorry. LOL. Next trying to pay off my Spartan MCA it took 2 days calling Brian, Joseph and Aiden to get a payoff amount and I had to have another company call them just to get a call back. Notified them 48 hours before withdrawal that wire was sent to pay off. Provided the wire #. Withdrawal still took place. Oops sorry our accounting gets busy. How is this my problem? When will it be returned? After we get the account closed depending on your bank could be 1-7 days. Odd they don’t give you a 1-7 day payment time to pay them, do they?

My experience with Spartan was nothing short of horrific.

Spartan used aggressive threats and collection tactics while simultaneously refusing to provide the information necessary to verify the amounts they claimed were owed. Rather than answering straightforward questions or supplying documentation to support the balance, they were unresponsive and difficult to deal with.

What was particularly troubling was the addition of fees and charges that appeared to increase the claimed balance over time. When I requested an explanation of those amounts, meaningful responses were not provided. Instead, threats and demands for payment continued while basic questions about the debt remained unanswered.

Even more concerning, Spartan's actions resulted in restrictions affecting personal financial accounts that had no relationship to the business matter at issue, causing significant disruption, stress, and inconvenience. They did not even place these restrictions until AFTER the account was paid.

The most frustrating part is that our problems began when we believed the account should have been paid in full—or very close to being paid off. Rather than providing a clear accounting, answering questions, or helping reconcile the balance, Spartan refused to provide the requested information. Instead, additional fees continued to be added, and legitimate questions about what was actually owed went unanswered. It felt as though every attempt to obtain clarity was met with silence, while the amount claimed continued to grow.

A company handling sensitive financial matters should be transparent, accurate, and willing to communicate with the people it is pursuing. Unfortunately, my experience was the exact opposite. The combination of aggressive threats, lack of responsiveness, refusal to provide information, escalating fees, and interference with unrelated personal accounts created an extremely frustrating and damaging experience.

I would strongly caution anyone dealing with Spartan to keep detailed records of every communication, request written verification of all amounts claimed, and carefully review any fees or charges being added to the balance.

If you don't have an account with them, I would encourage you to rethink taking any MCA loan with them.

Horrible company. Do not do business with these scammers. They will Lie / say or do anything to try and sign you up. Then they will send all your customers notices from information they obtain thru public data and try to scam them as well. Do not do businesswith these scammers