Customer ReviewsforTorro, LLC

Our Company was in a hardship and our payments were lowered to an amount we were able to afford. My husband spoke w/ ****** who informed him to send our current statements. As you are required to do, don't let me forget that. Our sales are back up due to caterings and we are both working 70+ hours a week and I went back to work full time. Since the taking of this loan we have had to sell rentals, and our other location, these were all refinanced that being said, no money was made, we now have 3 mortgages with no profit or rent coming in from the location we were forced to sell. Anyone in the Restaurant Business knows the expenses are awful.Every Vendor and Company we work with is helping so that we can make payments that are affordable and keep going. NOT THIS ONE. We finally paid all the interest off and are now into the principal of the $17k loan, " you doubled your sales" yes to cover ALL expenses we are working like crazy triple booking 7 days a week. We have not missed one payment all payments that were scheduled went through.Tread carefully with this Company they take advantage of businesses that are struggling or cannot get funding with decent interest rates and have no other options due to various reasons.This company charges shark interest and will not work with you unless it benefits them and their pockets.They ensure they remind you of the decision you made and all the various fees and details and want to jump to *** instead of taking a smaller payment. Changes happen in small business at a whim and as the lender you also know the risk of lending and what can happen. I can absolutely see when someone states I am NEVER PAYING you, but that was not the case, asking for smaller payment is not that.I would recommend if you absolutely need an MCA and you look into Expansion or Headway. They are understanding and will accommodate you the best they can.

Hi *****, we're sorry to see the one star review. When you requested to be put on a lower payment, we informed you it could only be temporary as it was not the amount that was agreed upon in your contract. Once the temporary lower payment was expired, our agents worked with you to get back on your contracted payment amount to avoid any more fees. Per your signed contract, if you stop payment legal action will be taken. We are happy to work with people during tough times, but unfortunately there is not much our billing team can do once the contract is broken. Ultimately, our goal is to help secure the funding you need to see your business succeed!