Legend Funding Reviews 

117
•
TrustScore 4.5 out of 5

4.6

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Rated 2 out of 5 stars

Funding was secured and verified but wire transfer wasn’t sent out until almost a full 24hrs later. Still haven’t received much needed funding for payroll. Now I will be behind. I had opportunity to g... See more

Company replied

Rated 5 out of 5 stars

Jeremy was an absolute pleasure to work with. He made the process seamless and incredibly easy. I appreciate this because, as a busy professional, I don't have much time for the minutia. From start to... See more

Company replied

Rated 5 out of 5 stars

Legend funding is one of XFund’s favorite partners hands down. If there’s a spot I know I can refer my clients to for a swift process, great program, and amazing staff it’s Legend Funding! Our Rep Dav... See more

Company replied

Rated 5 out of 5 stars

Legend is easy to work with! They are fast, and the company actually expresses an interest in your small business and wants you to succeed! Everything is up front and the contracts are easy to follow.... See more

Company replied

Company details

  1. Non-Bank Financial Service

Written by the company

Since 2014, Legend Funding has provided a superior financing solution to small businesses. We offer a middle ground between the high costs of typical cash advances and the slow, low-approval process of bank loans. Our low rates, diligent client relations, and overall flexibility ensure your business is getting the best value possible. Since our inception, we have helped countless businesses and continue to rapidly grow. When you enter into a partnership with Legend Funding, you can be confident you are choosing the best alternative funder on the market today. With the financial expertise of our managing partners, lending specialists, in-house underwriters, and marketing team, your business can secure the working capital it needs.

Written by the company


Contact info

4.6

Excellent

TrustScore 4.5 out of 5

117 reviews

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4.6

All reviews

(117)

14 reviews in the last 12 months

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Rated 5 out of 5 stars

I was very doubtful at first about the…

I was very doubtful at first about the loan processs, but it all worked it smoothly.

December 17, 2024
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Reply from Legend Funding

Thank you for your review, we are thrilled to know that you enjoyed our funding process and look forward to future fundings for your business.

Legend Funding

Rated 5 out of 5 stars

Easy

Easy to work with.

November 15, 2024
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Reply from Legend Funding

Thank you so much for your kind feedback! We truly value your business and are delighted to hear that you found our team easy to work with. Our goal is to make every collaboration smooth and productive, so your positive experience means a lot to us. Please don't hesitate to reach out if you have any future needs.

Legend Funding

Rated 5 out of 5 stars

Excellent customer service

Excellent customer service

November 12, 2024
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Reply from Legend Funding

Thank you so much for your positive feedback! We are truly delighted to hear that you experienced excellent customer service at here at Legend Funding. We strive to provide our customers with the best possible care, and it means a lot to know that we achieved that for you.

Legend Funding

Rated 5 out of 5 stars

So easy

So easy. Everyone was fantastic. Lightning fast funding

November 1, 2024
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Reply from Legend Funding

Thank you for your review, we are thrilled to learn that you had a great experience with our process and look forward to future fundings for your business.

Legend Funding

Rated 1 out of 5 stars

Seller Beware...

This is your run of the mill extremely high-cost merchant cash advance company. That's not my issue with them because as a business owner, you review the contract and sign of your own free will... so you can't blame a company for having rates you willingly agree to.

My issue is the unwillingness to honor clauses in *their* contract they drafted up themselves. Why put something in a contract if it doesn't actually apply? I wouldn't recommend any small business sign on with them for this reason alone.

Their contract has a clause in which they state as "protection for the seller" that as a business owner, you have the right to request an adjustment of the remittance amount (in the case of slower sales, for example). Nowhere in the contract does it say you have to wait a specific amount of time or complete a certain amount of payments before requesting such. All they request is proof that your receipts are lower than they were at the time of signing...

I provided the statements they requested and received a rude, abrupt response telling me that my remittance amount cannot be adjusted because only X amount of remittances have been made thus far. No further comments or alternative solutions to help my business were provided, they're clearly in the business of bankrupting small companies who come to them because they have no other option.

Luckily for me, the end of year holiday period is when I do up to 30% of my annual sales all at once, so within just a few weeks I will pay the loan off and be free of them. With that being said, even with an early payoff incentive, I would have paid these people over 30% cost on a loan I would have had for less than 2 months. If you're a struggling small business owner... I would earnestly suggest you close your business before you take money from them.

October 1, 2024
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Reply from Legend Funding

Hello and thank you for your feedback. We pride ourselves in the ability to help our merchants with funding for their business when others are not able to do so and make it as clear as possible when we go over the contract at the time of funding. We have made multiple attempts to try and contact you to help with your request however we have not received a response. Please give us a call when able and we will be happy to assist.

Legend Funding

Rated 5 out of 5 stars

Jeremy was an absolute pleasure to work…

Jeremy was an absolute pleasure to work with. He made the process seamless and incredibly easy. I appreciate this because, as a busy professional, I don't have much time for the minutia. From start to finish, I would work with him in a heartbeat. He wasn't too pushy, and I felt he was transparent throughout our interactions. The money was in my account within 3 days. Thank you for your professionalism.

October 22, 2024
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Reply from Legend Funding

Hello Vanessa and thank you for your review! We are pleased to hear that you had such a great experience with us! We look forward to hearing about the growth you have had with your business in the near future!

Legend Funding

Rated 4 out of 5 stars

Good group

They fixed my issue when I had a problem

No complaints

October 16, 2024
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Reply from Legend Funding

Thank you for your review. We are very happy to hear we were able to resolve the issue in a timely manner and hope you keep us in mind in the future if funding for your business is needed.

Legend Funding

Rated 5 out of 5 stars

I can't say enough about this company!!!

I can't say enough about this company. They have really helped me tremendously with funding for my small business. They have been very transparent with informing me of my loan terms, and answered all my questions. Much appreciated.

October 7, 2024
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Reply from Legend Funding

We really appreciate you taking the time to leave such a sincere review for us. We are happy to hear that you enjoyed our funding process and look forward to future fundings. Thank you for your review!

Legend Funding

Rated 5 out of 5 stars

Fast and easy

September 24, 2024
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Reply from Legend Funding

Thank you for your review! We are happy to hear that you enjoyed our process and look forward to future fundings.

Legend Funding

Rated 5 out of 5 stars

Thanks for the quick help!

September 25, 2024
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Reply from Legend Funding

Thank you for your review, we are happy to hear that we were able to help quickly and look forward to future fundings for your business.

Legend Funding

Rated 5 out of 5 stars

Very good helpful and nice

They’re all good lenders are the best 😁😁

September 19, 2024
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Reply from Legend Funding

Hello and thank you for your review! We are thrilled to receive your feedback and look forward to continued business with you.

Legend Funding

Rated 5 out of 5 stars

Second time borrowing wonderful…

Second time borrowing wonderful experience both times

September 16, 2024
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Reply from Legend Funding

Hello and thank you for your review! We appreciate the trust you have instilled with us for your business and look forward to seeing your business grow further.

Legend Funding

Rated 5 out of 5 stars

Easy Process

The process with Legend was quick and painless.

September 5, 2024
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Reply from Legend Funding

Hello and thank you for your review, we are happy to hear the process was to your liking and look forward to future fundings with your business.

Legend Funding

Rated 5 out of 5 stars

Fast and Easy to Work With!

Legend is easy to work with! They are fast, and the company actually expresses an interest in your small business and wants you to succeed! Everything is up front and the contracts are easy to follow. I really thought that as a small business, especially in human services, I had no options for working capital or a small business loan, but they helped! I am excited to continue working with Legend Funding to make sure my business grows and meets the needs of the people we serve!

August 27, 2024
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Reply from Legend Funding

Hello and thank you for your review! We are thrilled to have been able to help and that your experience went so well. We are also excited to continue working with you in the future.

Legend Funding

Rated 5 out of 5 stars

Great and fast service also very…

Great and fast service also very helpful and friendly through everything. Got financed in a few hours and money that afternoon.

August 13, 2024
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Reply from Legend Funding

Thank you for your review! We are happy to know that our process was fast, efficient and met your needs. We are always very happy to help.

Legend Funding

Rated 5 out of 5 stars

Legend helped me to achieve my business…

Legend helped me to achieve my business goals of expansion. My loan process was simple and I received funding the next day.

August 12, 2024
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Reply from Legend Funding

Hello, thank you for your review! We are pleased to hear we were able to help and hope to continue doing so with established history.

Legend Funding

Rated 5 out of 5 stars

Legend Funding was there for us when we…

Legend Funding was there for us when we needed funding quickly. I know it can be hard to know who to trust with your business's confidential information. That is why I want to let everyone know that Legend Funding did everything they said they would do and was responsibly priced. You can trust this company.

June 14, 2024
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Reply from Legend Funding

Thank you for your review, we appreciate the time it took and are thrilled we were able to help.

Legend Funding

Rated 1 out of 5 stars

LOAN DISGUISED AS MCA

My business has closed due to me having some serious unforeseeable health issues that caused hospitalizations, which in turn decline in my presence. Before signing in what I now realize the contract that I went over with the broker and was given completely inaccurate information, post default I have now been informed by the very aggressive collections that they will enforce a COJ on me as well as that I am personally liable for the money of the MCA, which has been "accidentally" referred to as a loan by more than 3 people representing them. When I read the words Personal Guarantee of Performance, I inquired about it before signing and was told it did not mean I would be personally liable as it was a purchase of future sales. I am now being told that I am %100 percent liable and it doesn't matter that my business is closed. In the words or the agent, "The broker does not work for Legend and it doesn't matter what they said, you should have understood what you were agreeing to."

Business/ Dreams have gone up in smoke, health sunk, and now they are coming for the personal finances as well.

This is a preditory company.

I just want any other first time buisness owners to be aware and take complete caution. Go the longer route.

March 1, 2024
Unprompted review
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Reply from Legend Funding

Hello, we searched through our records with your name but are unable to find anything pertaining to you. Please give us a call at 786-685-3875.

Legend Funding

Rated 5 out of 5 stars

Very helpful and understanding

Very helpful and understanding. I felt there was a geniune vibe to help support and grow my business

June 14, 2024
Unprompted review
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Reply from Legend Funding

Thank you for your review. We enjoy helping businesses grow and reach there potential. We are thrilled to know we are able to do so with yours.

Legend Funding

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