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Cycle Holdings

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Cycle Holdings Reports & Reviews (9)

• Feb 16, 2024

Soror Capital , Jordan Williams email: [email protected] contacted me with promise of line of credit of $300K through their company and sister companies Cycle Holdings and Turbo Capital. Proposed access to the line of credit by paying a fee to be paid upfront, $18K or a performance plan via a MCA loan in the amount of $20K through Turbo Capital that needs to be paid immediately. Received $14K net MCA loan and paid the loan within a short period of time . After paying off MCA loan with Turbo Capital plus interest and fees, I still could not access the line of credit through Cycle Holdings. I have paid a total of $30k on this deal so I am out $16K. My access was deactivated and could not get hold of Jordan Williams at Soror Capital or Turbo Capital.

I have filed a police report in my city , a complaint with the CFPB and attorney general and FTC. I am also in contact with FBI now.

+2
• Feb 09, 2024

I'm not sure why, but my recent update post disappeared from here. Forward Advance voluntarily has stepped up to the plate, once they discovered what had happened, to resolve the Capital Connections/Cycle Holdings issues. The owner has shown good faith and progress, out of care and concern for resolving things. Forward Advance has been of integrity in this resolution.

• Feb 08, 2024

Just like what has been reported across the internet. These guys promise you “line of credit” of 250k for a small bond fee of 10k in our case. Ended up receiving the small loan and ended up paying them 14k (supposedly for the 'fees') and unfortunately have not heard from them since.
The “profile” that was created to access the “funds” was grayed out until today, when they made the account “inactive”.
We are reporting them.

+2
• Feb 02, 2024

Update on my previous posts. Forward Advance contacted me directly, and has explained they were not aware of the Capital Connection / Cycle Holdings scam efforts. The owner of Forward Advance has demonstrated extreme care and concern to help resolve the situation, and he has since taken action directly with me, to resolve things entirely. He's been great to work with.

+2

Promised a credit line of $250,000 with a fee for a bond in the amount of $18,000. Just found out and making contact with the authorities now. I can not believe I fell for this and now I am out all this money.

+7
• Jan 24, 2024

Hello,
Dean Miller promised me a line of credit $400,000. I sent Forward Advance a wire transfer in the form of a merchant cash advance payback to "establish ability to pay/credit" recognized by Cycle Holdings. They sent me $16K (and some change), I sent them $13k and some change plus 2- $993 daily payments. I still have nothing to show for my money.

• Jan 19, 2024

Thank you for those important information. I will as lucky enough to have read this pertinent information.
Jamison was also a great big help

• Jan 09, 2024

I also am facing the same issue, this looks like a major scam. Companies involved in this scam are as follow

Paramountfundinggrp
Cannon advance inc
Forward advance grp
Cycleholdingsinc
HYS Tax & Accounting

• Dec 05, 2023

Hello,

Can you please call me to discuss this scam? Did it involve Cycle Holdings Inc? A company called Capital Connections is concerning me right now, after I've paid money towards a bond... I'd greatly appreciate your help urgently!

Jamison
801-599-8982

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Cycle Holdings Contacts

Address:

110 Wall St, New York, NY 10005, USA

Phone:


Website:

www.paramountfundinggrp.com

This website was reported to be associated with Cycle Holdings.



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