Just a warning to anyone thinking of another capital loan during this COVID-19. In 2018 I got a 21k loan, paid within 10 months, then 2019 took out a 27k loan, and paid in 11 months just 2 weeks ago I decided to dump all my cash into paying off the remaining 8k of my loan because I wanted to take out a 3rd. Based on the 30% of previous 12 months sales like their site said I should have been able to take out 30k. I actually even called the capital support before making this final lump payment asking them if they can see anything that would prevent me from taking a 3rd, he said no way. So I did a bank payment which took 7 days to post, then another couple days for PayPal to show as the loan being paid off, then I was finally able to apply for a 3rd loan, submitted my application on the 25th normally the system was INSTANT but now it says to wait 7 days... just came in this morning about me being approved for 3k.... I'm like financially ruined from this. I spent 8k to pay my other loan off, and all they offer me is 3k, at least just let me take my 8k back out in a new loan, its pretty crazy. My account is perfect, never a single issue ever, made many manual payments extra through out the last 2 years, both other loans were 30% repayment so I cannot understand such a low amount even under all this virus stuff going on. The fact I just paid them 8k just absolutely sucks. I am ruined.
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