Headway Capital W Jackson Blvd, Chicago

Headway Capital Reviews

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  Nsikan St. Martin
  1

  Loan sharks….I wish I read the reviews earlier(and I’m not one that puts much weight on public opinion). Every negative review I’ve read, I’ve experienced with this lender. Exorbitant interest rates and fees, no assistance whatsoever if you are trying to payoff balance early. I was told by the collections department that I would need to be delinquent first before a settlement/payoff can be negotiated. Interest accruing daily, but when you go to make a payment online, you CANNOT post your payment on the same day, so you are forced to pay additional days of interest payments by default. Borrowers/small businesses in a bind, please make sure you have completely exhausted all options before accepting Headway Capital’s offer of help.

  Response from the owner

  Hi Nsikan, thank you for providing valuable feedback. There are multiple variables that go into why we price the way we do. Our customer service team will reach out to you to better understand your case and provide a solution. In the meantime you can also contact us at (866) 698-8494.

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  David Bongiorno
  1

  Almost fell for the con. They contacted me after an online application and seemed very attentive. My company has impeccable credentials. So they were anxious to offer me a deal. They seemed to have gotten the deal done and were willing to give me more then i wanted. They agreed to the terms I wanted and told me the rate was 3% for a credit line and 29% for a 12month loan. no go on the weekly draw for 29% but it was a good deal for a credit line 3% interest only. Except they didn't tell me 3% interest only on every draw and weekly interest. Really shady situation STAY FAR FAR AWAY FROM THIS COMPANY . IF I COULD GIVE THE -10 STARS I WOULD. ALSO MAKING A COMPLAINT WITH EVERYONE I CAN. This is how peoples lives get ruined. SHAME ON U HEADWAY CAPITAL. MAY YOU RECEIVE ALL YOU DESERVE.

  Response from the owner

  Hi David, We’re sorry to hear that you had a bad experience, and want to thank you for providing valuable feedback. Our dedicated Headway Capital Customer Service team will get in touch with you to better understand what happened. In the meantime, you can also call us at (866) 698-8494.

• S

  STAMPZ
  2

  Headway makes it easy to get a small business loan quickly. That is the only real positive. They are not transparent about fees and how interest is calculated, and they are not flexible about loan repayment length. The net effect is that it is pretty much impossible to pay down your principal. This is a very expensive way to borrow money. Borrower beware.

  Response from the owner

  Hi – thank you for taking the time to submit your review. At Headway Capital we pride ourselves on being as transparent as possible - there are no hidden fees with a Headway Capital line of credit. If you have questions about your line of credit, please call us at 866.698.8494 or send us an email at [email protected] - we’d love to help!

• C

  Call me Cooley
  3

  I got approved for business line of credit . My only thing is the interest rate is way too high . I’m considering closing it after my evaluation. Also the process took a week to approve after it was stated 24-48 hrs .

  Response from the owner

  Hello! Thank you for taking the time to submit your review. Headway Capital is as transparent as possible when we close on all of our loans in regards to loan costs, including but not limited to interest expense and fees. If you have any questions please do not hesitate to contact our customer support team at (866) 698-8494. Thank you!

• R

  Rachel Duran
  1

  Please stay away from this bank this is a scam they lie there's no interest rate of 3% they delay your payments on purpose Please stay away from this bank its a big scam !!!!!!

  Response from the owner

  Hi Rachel, thank you for providing valuable feedback. Headway Capital is as transparent as possible when we close on all of our loans in regards to loan costs, including but not limited to interest expense and fees. If you have any questions please contact our customer service team at (866) 698-8494. Thank you!

• S

  Susie Pryor
  1

  Headway Capital is deserting their customers at precisely the moment we most need them! I have borrowed money from Headway many times -- tens of thousands of dollars -- and have always paid back well in advance of the due date. I've never missed a payment. I have personal wealth and income outside of my business and, despite these tryings times, a good credit score. Yet, today, Headway pulled my access to credit. My business did not anticipate drawing money, but we did appreciate having access to capital. Headway pulled our safety net during a global pandemic. We will NEVER, EVER do business with this firm again. They've always been a predatory lender, but we understood the rules of that game. This action, however, places them in an entirely new category: merciless, uncaring, lacking the type of values our company does business with.

• S

  Steve Bahrani
  1

  1. They charge 2% to draw from your account! Minimum draw is 15,100, so you pay an additional 500.00 just to draw. 2. They wont let you pay off your new balance of 15,600 for 7 days! Costing you an additional 169.12 in interest!

  Response from the owner

  Hi Steve, We’re sorry to hear that you weren’t satisfied with your Headway Capital experience. To discuss further with a member of the team, please contact our dedicated Headway Capital Customer Service line at (866) 698-8494.

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  Jessica Suris
  1

  Got a which i thought was a good deal until I realized that the APR was 60% !!!!!!!!! Stay away from headway capital!!! Loan sharks!!!!!

  Response from the owner

  Hi Jessica – thank you for taking the time to submit your review. At Headway Capital we pride ourselves on being as transparent as possible - there are no hidden costs with a Headway Capital line of credit. If you have any questions or would like to discuss further with a member of the team, please contact our dedicated Headway Capital Customer Service line at (866) 698-8494. Thank you!

• F

  Francisco Cajade
  1

  To reject a small loan during the pandemic is asinine. I wouldn't do business with this company.

  Response from the owner

  Hi Francisco, thank you for providing valuable feedback. There are multiple variables that go into making a decision for applications to our line of credit. If you have additional questions, please contact our dedicated Headway Capital Customer Service team at (866) 698-8494.

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  Tania Sanchez
  1

  they do not give any opportunity