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Find a Location

Zip Capital Group LLC has 1 locations, listed below.

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    Business ProfileforZip Capital Group LLC

    Small Business Loans
    BBB accredited business

    At-a-glance

    Customer Reviews

    1.2/5stars

    Average of 5 Customer Reviews

    Customer Complaints

    3 complaints closed in last 3 years

    1 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 8/31/2018

    Years in Business: 9

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    This business offers equipment financing and merchant cash advances for businesses.

    Business Details

    Location of This Business
    26 Executive Park Ste 100, Irvine, CA 92614-6779
    BBB File Opened:
    2/2/2016
    Years in Business:
    9
    Business Started:
    11/7/2014
    Business Incorporated:
    4/26/2016
    Accredited Since:
    8/31/2018
    Licensing Information:
    This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
    Type of Entity:
    Limited Liability Company (LLC)
    Alternate Business Name
    • Zip Capital Group
    Business Management
    • Mr. Farid Karimi, Managing Partner
    • Mr. Chris Lewis, Managing Partner
    • Ms. Paulina Salazar, Client Relations
    Contact Information

    Principal

    • Mr. Farid Karimi, Managing Partner
    • Mr. Chris Lewis, Managing Partner

    Customer Contact

    • Mr. Farid Karimi, Managing Partner
    • Ms. Paulina Salazar, Client Relations
    Additional Contact Information

    Phone Numbers

    Email Addresses

    Website Addresses

    Customer Complaints

    3 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    01/17/2024

    Zip brokered a business loan for my company ***************** Group in 2021. The loan was lopsided and was predatory lending (my fault for not reading the fine print). I expressed my discontent and asked them to remove my information and place me on the do not contact list in the same year as the loan.Since then, they have emailed me, texted me, and called me repeatedly. Well, today, 17 Jan ****, a rep named "Manny" called me. I respectfully explained the incessant, unwanted contact and asked for him to please remove me from the call list and place me on the do not call list. He was very truculent and egregious. He continued to push his agenda (wanting me to finance more), stated he was the manager when asked for a manager, and never acknowledged my request to remove my information. I had to hang up on him.I want them to remove my information and never contact me.

    Customer Reviews

    5 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Tim W

    1 star

    05/25/2023

    Complete scam artists!!!! They blew my phone up in January selling me funding for my business on a $17k loan to pay $24k back in 5 months with daily payments. As it is a ***** deal ******* sold me that its never to keep full term, you renew for much more after 2 months for better & longer terms. Fast forward 2 months I had to reach out several times to get the run around to get denied funding or renewal. They finalized offered me the same horrible deal where now Id lose $14k in a matter of 10 months. The lack of information and false hope from these people are sickening!!!! They keep calling, keep txting and emailing from several different associates multiple times a week harassing me with identical automated messages. I would have never used them if I was given the full scope and I wouldnt recommend anyone to ever use this platform!!!

    Zip Capital Group LLC Response

    06/06/2023

    Thank you for bringing this issue to our attention. We must stay on top of the interactions our clients have with us. As a result, your feedback is invaluable.We are saddened to hear about your recent experience with us and apologize for the miscommunication and misunderstanding. Every application we receive is reviewed on its own merits, with renewals based on the business' health, growth, and time-in-business when an application is submitted. Term extensions may also be considered for an entity over two years old at the time of application. In this instance, the time-in-business was less than two years, which falls short of the requirements for a term extension. I understand these facts don't change your recent experience. Still, I hope they demonstrate our commitment to thorough and transparent communication. Please don't hesitate to contact me directly to discuss your recent experience further. Thank you again for bringing this matter to our attention. Best regards,*******

    Local BBB

    Better Business Bureau Serving the Pacific Southwest

    BBB Reports On

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