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Find a Location

Payability, LLC has 1 locations, listed below.

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    Business ProfileforPayability, LLC

    Factoring Service
    BBB accredited business

    At-a-glance

    Customer Reviews

    1.67/5stars

    Average of 6 Customer Reviews

    Customer Complaints

    6 complaints closed in last 3 years

    3 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 4/7/2017

    Years in Business: 10

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    Payability, LLC is an eCommerce funding company.

    Products & Services

    Advanced payments , business to business payments

    Business Details

    Location of This Business
    61 Broadway Rm 1115, Manhattan, NY 10006-2726
    BBB File Opened:
    2/25/2016
    Years in Business:
    10
    Business Started:
    3/13/2014
    Business Incorporated:
    3/1/2017
    Accredited Since:
    4/7/2017
    Type of Entity:
    Limited Liability Company (LLC)

    Customer Complaints

    6 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

    10/06/2023

    Complaint Type:
    Billing Issues
    Status:
    Resolved
    As with most of the Payability reviews the numbers dont add up. We havent taken a dime in advanced funds and yet we have 35% fees for what they are offering as an advance. The advance isnt 80% as our contract states. And it isnt even close to ****%. We started with a credit balance as our next payment from Amazon was sent to the Payability account. They are trying to claim fees on those transactions. To clarify. Amazon disbursed our payment to Payability. They held it 4 days and after a phone call released it. $70 in fees is expected. Its our money. We are a week into the next disbursement period. A little over 40% is being offered and the fee is over 30%. We terminated the agreement since their numbers arent whats in the contract. BEWARE
    Read More

    Customer Reviews

    6 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Parker F

    1 star

    12/19/2023

    Deceitful Business Tactics, Bait and Switch. Hidden Fees. Lackluster Customer Support, Etc.

    Payability, LLC Response

    12/20/2023

    Hi ******,Thank you for bringing your concerns to our attention. We value your feedback and want to address the issue you've raised.Our sincere apologies for the error in our system, which resulted in an incorrect offer being loaded by our sales team. We promptly rectified this mistake within minutes of its discovery, and I personally reached out to you immediately to acknowledge the error and provide clarification.We understand the importance of transparency, and I want to assure you that our fees are straightforward with no hidden elements. I appreciate the dialogue we had over email and your understanding during this process. Your account was canceled promptly as per your request.We've appreciated your business over the last 9 months, and we wish you the very best in your future endeavors.Best regards,***** Director of Customer Experience

    Local BBB

    BBB Serving Metropolitan New York

    BBB Reports On

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