Reviews of The Loan Source, Inc. (Loan Agency) in Yonkers (New York).

The Loan Source, Inc

314 Reviews

205 Comments

Loan agency

353 E 83rd St, New York, NY 10028, United States

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Information of The Loan Source, Inc, Loan agency in Yonkers (New York)

Discover the opening times, the location, contact, popular times, photos and real reviews by internet users.

This place has a very good rate, they treat their customers well and you’ll feel welcome, super recommended

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Reviews of The Loan Source, Inc

D Thompson

The Loan Source was recommended through our accountant. Our first attempt to secure a PPP loan through another loan company was a disaster. There was no communication after we were told our application had been accepted. It took over 4 weeks to get any other communication. Completely different story with The Loan Source. The application process, review, approval, and deposit into the account was just under 20 days. We were informed every step of the way. We would highly recommend The Loan Source to other small businesses to keep employees paid and business afloat.

Martha Cummings

The entire process could not have been smoother, easier, or faster. The online portal was clear, aesthetically pleasing, and simple to navigate, and when there wasn't a way to designate that nonprofits do not have "owners," they did a quick workaround to accommodate that. We had personal correspondence with members of the team, and all communication was professional, friendly, caring, and prompt. Plus, the turnaround time on our approval was lightning fast. Before we knew it, funds were in our account. We are grateful for the process and our successful application. If we were guaranteed this quality every time, we would come back again and again. Many thanks for the wonderful experience.

Kim Wasoski

The forgiveness application on line was a breeze and my loan forgiven 100% in about a week. Applied for a PPP loan 2 and although it took awhile to get through to the SBA due to a code error, the support from staff was excellent. At different steps different people reached out to me via email and they transitioned to the next person seamlessly. Laura was amazing as she helped me navigate the code error and we figured out how to get the results needed. Once fixed, it was submitted to the SBA and approved and money in my account in about a week. A great team of people to work with. Thank you Laura!

Lauren Beers

I had a phenomenal, painless experience with my PPO round 2.0 draw 1 and 2. Quick, easy process. I would agree it can be difficult to communicate with them via their customer service but I emailed my loan officer directly and they were typically very quick to respond. Sent to SBA within 48 hours both time, loan note signed within a week and funded within 2 weeks. Incredible!! I think some of the negative reviews may come from unrealistic expectations. **note my PPP loan is under 150k

Stephen Bellamy

They processed my PPP application from start to finish in just 2 weeks. Their online application portal is smooth and easy to complete. I received personal emails from an account manager throughout the process. To give some context, I applied for PPP with 6 different banks in total. The Loan Source were the only ones to actually get my application complete. 4 of the other 5 banks are still "pending" months later and impossible to reach on the phone. As a small business owner, I am so grateful I was lucky enough to discover The Loan Source. I'd give them 6 stars if I could.

Max Wolf

The Loan Source was able to provide funds for my PPP Second Draw in a record amount of time. There were a few glitches at first which were corrected quickly and always with email feedback from their personnel. All in all, I rate it as a very positive experience with a minimal amount of paperwork required for follow through. As such, my business was/is able to move forward through another year without skipping a beat!

Al Corona

We used Loan Source for both PPP Loan rounds. Loan Source did a great job helping us through the entire process. They were super responsive and funding was received quickly with no issues. Special shout out to Grace Waters who worked with us on our second round, she was a true professional and did an outstanding job. Thanks Grace!!

Warren Merguerian, DDS

I didn't realize that this loan could be forgiven, so I didn't apply. My accountant informed me that my numbers for 2019 and 2020 were in line with the forgiveness criteria. So I applied with less then a week remaining and loan source got me approved in 2 days and funded in 4 days; Amazing!!!!! They knew what IRS forms and bank records I needed to forward to make this a seamless process. I gave them what was needed to fit their researched criteria, so they didn't need to ask me for anything additional. Thank You

Henry Hwang

The lender for my first PPP loan was no longer accepting applications for the second round because it was so close to the initial cut-off date. I was referred to the Loan Source and the entire process from application to funding was completed in 7 days! Fast service, and immediate communication were key to a successful transaction. Thanks!

Sylvia Imperatore

We applied for the PPP with Loan Source and even if it was simple to do, an employee reached to us to let us know that we uploaded a wrong document. They helped us to have everything right and we got our money fast. Very good service. Very nice people. We were very happy to work with them.

Krista Testani

Prior to my application for the 2nd round of PPP with Loan Source, I had an application in with Chase - the bank that I received my first round of PPP. The experience with Chase was horrific. There were weeks of follow up questions through secured emails exclusively. I could not get any assistance from a "live person" to answer questions or provide any guidance. They only provided a 1-800 that you waited minimally 45 minutes to ultimately speak to a servicer who had no information to provide. The Loan Source has provided a service whereby the local banks they have partnered with provide customer service, so the applicant can get get feedback and guidance. My application with Chase was pending for over 7 weeks when I ultimately cancelled. My application with The Loan Source was submitted March 26th, through the local bank partner who also was superb, and I received the funding by April 9th. I could not be more pleased with the service I received. Thank you Loan Source!

Michael Deschaine

I tried applying several places for a PPP loan and was given the run around, so much that I missed the original deadline. On the second PPP loan opening same thing several companies gave me the run around, mainly because I use a payroll processor. I heard The Loan sources ad on the radio and I called the next day. I filled out the application on Tuesday and by Friday my paperwork was sent to the SBA and before 10 days were up I was funded. Absolute best Service, never had to talk to a single person and had no problems. Portal was easy to use, process was simple and they quickly got my funding. Thank You Loan Source!!!! You are the BEST!!!! I have referred you to several of my friends. I will definitely use you again!!!

Maureen O'Mara

My bank sold my PPP loan to Loan Source right away so I’ve gone through the growing pains with them. This was a massive undertaking so I have been really patient and worked with them through the startup. The PPP program itself and the forgiveness rules keep changing too. Loan Source has got it down to a science now. I got my second round PPP loan in less than 2 weeks after application. It was amazing. They communicated with me via email and asked for a few missing docs but it was really quick and easy. Way less painful than the first round with the bank. I do understand the frustration of some of the reviewers that left one star. Communication has been a little rough but give them a chance, they’re working it out.

Tim Pawliczek

Everything was good. Loan came quickly. If you have organized paperwork it should be painless. As someone else said I received multiple emails telling me loan would be funded after I already received it. I don’t remember exactly but I definitely was funded within 10 days!

Neil Shusterman

I applied for 2nd PPP loan through Loan Source. I was having an issue where it was not letting me submit the application. Unfortunately, I found the customer support to be non existent. I kept trying a few days in a row and finally the website let me go on to the submission screen. Once everything was submitted the rest of the process was great. Loan was funded in less then 20days. As long as you don't need customer service then everything should be good.

Betty Maul

The best move our local bank ever made was to let The Loan Source handle the 2nd round PPP loan. It was an easy portal to manage and upload our info. They provide immediate communication on when it was received, completed, in for approval and approved. They called to reconfirm account number and say hello. The money was deposited within 10 days! After the difficulty on the first round with our local bank, this was really a dream. Thanks for taking some of the stress out of running and managing my small business. It is greatly appreciated.

Adam Kleifield

I'm happy to report that applying for PPP round 2 through The Loan Source was a quick and painless process. The automated system made everything clear, and any small issues were caught quickly and pointed out by a representative. We received our funds in a timely manner.

Jenni

We submitted an application for a second draw PPP loan through The Loan Source and the loan was approved within THREE BUSINESS DAYS! I was so relieved and impressed with this company. The (not to be mentioned) big bank that funded our first PPP loan took four weeks to deny our second draw loan request because they could not verify our business name. What? We have been banking with them for almost 30 years, have several accounts with them AND they hold the note for our first PPP loan, but apparently, they don't know who we are. I was so afraid we would run out of time and I knew we qualified for the second loan, so I put another application in with The Loan Source. Their application process is very good and I encourage anyone who knows they qualify and has struggled with their big bank to apply through them.

Madame Sand

I had a very straightforward PPP loan situation, was careful about submitting all the correct documents, and had my funds from the actual bank (The Loan Source is a kind of middle-man; they don't provide the funds themselves, but they make all the necessary connections for you) within 11 days. So I am very, very pleased at this point. That being said, I do feel that if I'd had a problem or glitch it would have been hard to get a person to help me. I got many, many automated emails from them that always seemed to be a few steps behind what was actually happening, and some were redundant. The dashboard did not have very granular information as to status, but as it all worked out in an acceptable time, I am happy with them. As an independent consultant without a business bank account (don't need one for how I function) I could not do the PPP loan process with my own bank (and they are one of the big guys). So I'm extremely grateful that the Loan Source was an option. Fingers crossed that the forgiveness process is as smooth.

Carolyne Brunson

My PPP process was a nightmare until I found The Loan Source. I was guided through the whole process by a professional that understood my unique situation and worked with me every step of the way. I can’t say enough about how happy I am that I found them. Forget about all other loan companies there is no comparison.

Lawrence Powell

My overall experience was nothing short of incredible. Loan Source made the whole PPP process absolutely painless. They kept me and all their clients apprised as PPP2.0 was going live and even gave us a head start to apply. I think it took less than 2 weeks from application to funding.

Melissa Sheer

I have had a very good experience with Loan Source. I submitted my application for PPP 2.0, they emailed me through the portal when they needed clarification on additional documents. They walked me through what I needed to do and now my loan note is signed and I'm waiting for funding in the next week. Good experience and outcome.

Kathy Brady

The loan Source was excellent with our 2nd PP loan. It was processed, approved and funded in 20 days. It was incredible. My first loan took for ever and we almost missed getting our business the money we needed. Very happy with their service!

Bruce G Randall

I was able to start and finish my PPP2 loan in 20 days. I had a few bumps along the way, but they were quick to respond. It is not always easy to deal with this type of situation and I believe as long as I submitted the right information, I was quickly approved.

Denise Peters

Our PPP loan was sold to The Loan Source and I was very apprehensive about what that would mean for the forgiveness process. I was happy that they had a good online system for that application. They gave lots of information on their website and in webinars. I went through the process and submitted the application online. Through a glitch during a changeover of systems, our forgiveness app sat in limbo and was not processed. When I followed up and learned what had happened, I was very upset, because that meant that the clock had not started ticking for the forgiveness timeframe. I thought we were in a bad spot. However, when I spoke with customer service, they walked me through a fix, and said they would try to expedite the processing. Amazingly within a couple days I was contacted by a Loan Manager who had reviewed our application and was ready to help. He noted the rule interpretations that had changed since we originally submitted and helped us make the changes needed as a result. He made sure that the reports we submitted were clear and complete and even worked with us to add some expenses we had not included, which would ensure that we could support 100% forgiveness. He took care of everything quickly and confirmed back to me when our application had been accepted by the SBA. Even though there had been a problem at the beginning, my experience of working with this company is that they are compassionate, professional and do good work.

PC McGrew

When we were trying to get PPP loans for our two businesses we tried the banks, credit unions and every other lead. One of our vendors referred us to TheLoanSource, and while the process was not seamless, they were the first to complete the process for us and now the first to execute on the second PPP. Not perfect, but got us where we needed to be which is why I used them the second time.

Sheri Hauck

The process was so painless and professional. I received my PPP Loan 1 week after my application was completed. The response time was amazing if I had a question, or if something was needed, I was quickly notified. I have recommended others. Thank you

Brandbridgeltd

Happy to report we have had a much improved experience with The Loan Source. PPL Round Two has been completed and we had a very good experience with their email customer service reps. This is a follow up to our first review posted below... Had our first PPP thru Bryn Mawr TrustEXCELLENT all the way around. They sold it to The Loan Source and referred us to The Loan Source upon request to apply for PPP Round Two. So...we spent the good part of a day trying to figure out if The Loan Source website was working and after sending a tech request we did receive an immediate reply that they needed to take the app down and service it. Two days later we finished our app over the weekend after receiving an email that it was up and running. Things seem to have worked. We are NOW nervous as they do not send any type of email confirmation that they have successfully received our application, nor does their PPP application portal give you any indication if it was sent and received? We are monitoring their responsiveness and will report progress or issues as we move along. One disappointing aspect, which we overlooked since Bryn Mawr Trust referred us, is The Loan Source offers no phone number or any contact info what so ever. The reviews we found here were alarming but we were encouraged to see replies from The Loan Source attempting to resolve the issues. Stay tuned as we will report back with positive and negative experiences. 3 stars for now and hoping to give them 5 once we've had the full experience.

Job Jones

Initially it took a little while to get the PPP process started, but once we got an account rep, Harold Lichtenstein, he was lights out! He helped us through the process in a day or two, and was able to get us submitted. Within a couple weeks, we received full forgiveness, based on his guidance and recommendations. We're hoping to be able to use The Loan Source again for a round 2. If so, Howard is our guy.

Teri Engelberg

The Loan Source/ACAP is a wonderful company, and I cannot recommend them highly enough! Luke LaHaigh, the President and Chief Investment Officer for ACAP, the service provider to Loan Source (they operate together), went far out of his way to help me get Chase Bank to fix an error on the part of Chase so that I could obtain my PPP loan, for which I was clearly qualified. Luke used his wealth of knowledge and his SBA contacts to obtain the information I needed in order to make Chase fix their error, which had put my application on hold for months, with no explanation or help from Chase. Luke was so smart, kind, and generous with his time and his work on my behalf. And I’d wanted to have the loan funded through ACAP/Loan Source, but once the error was fixed, I tried to reach Chase to tell them to cancel my app as I preferred t go with Loan Source, but in typical Chase fashion, I was unable to reach them. The loan was funded by Chase, so I’m very grateful it went through, but my preference would have been to fund through ACAP/Loan Source. Without the help of Luke LaHaigh and ACAP/Loan Source, I would never have received the PPP loan. Should I ever be in need of the services of ACAP/Loan Source, I will not hesitate to contact them, and I encourage anyone else needing their financial services to work with them. The human touch is everything! I can’t thank you enough!

A Washington

My expectations were pretty low since my first attempt at obtaining a PPP loan for my small practice was unsuccessful and intimidating. This time I had a little help from Chris (my fairy loan godfather), who offered some focused guidance and support. I still can't believe that this time, I was had loan in hand in 20 days. After more than a year watching my business become more and more depleted, this was truly a God send.

Carole Webster

We have been trying desperately to file for loan forgiveness with zero luck. The site hangs forever trying to upload statements. And when trying to upload payroll info we have been getting the same error message that there is a technical problem for 10 days. We have been trying for weeks. We have one ticket that was started over 10 days ago. They say they make it easy. They do not. UPDATE: I do appreciate the response. Will keep trying. Update: this finally went thru. Thank you.

Jane Dudik

We connected with the Loan Source through the bank where we received our original PPP loan. Loan Source facilitated the forgiveness of that in a rapid and professional manner. They also obtained our second PPP loan for us, start to finish in less than two weeks. Straightforward, simple, professional. I would work with them again

Tyrone J Taylor

I applied for a PPP Loan elsewhere (where I received my first PPP Loan). While waiting, I decided to try Loan Source. They approved and funded my loan before the other company could give me an eventual decline. So, I am happy with both their speed and service.

merna hughes

We recently dealt with The Loan Source Inc. in attaining our PPP Loan. It was a quick process as we received the loan in about 3 weeks. Once you have the correct documents one should not have any issues. The service was very professional and i will continue to do business with The Loan Source, Inc.

Reena Patel

Amazing group to work with at a time when we know all lenders and banks are swamped. Couldn't have asked for a better team to work with on my PPP loan application. And, the application process was certainly easy to navigate, which makes such a difference. Appreciate you!

J F

I used ACAP+Loan Source for my 2nd PPP loan. My first PPP loan was handled by another group working directly with my bank. That experience was a little bumpy but, in the end, straightforward and forgiven. My 2nd PPP loan, using ACAP +The Loan Source, has much smoother. I will be applying for the loan forgiveness in the 3rd qtr. of 2021, and Loan Source folks have already reached out to inform me of that time frame and support me through the forgiveness application/submission process.

Imtiaz A. Syed

I had a very successful and smooth sailing working with Loan source, the officials were courteous and very professional. My application was approved in less time than I expected, I already recommended a business friend to Loan source for his application, and will continue to do so in future.

Greta C

I was refered by my business bank to the Loan Source, Inc for PPP 2.0 application. I created an account and followed the process as shown online. I was able to complete the process on-line and did not require any "human" interaction. I have my PPP 2.0 funding in the bank. The process from application to funding in my account took approx. 4 wks. I am completely satisfied with this funding experience.

Jim Haas

This is a difficult time for anyone in business and it is very easy to get frustrated. I was extremely happy with the process mainly because I was able to practice patience and understanding. Once the initial review was done, which understandably took some time, my point of contact, Kevin McKenna, was very responsive letting me know what was needed to correctly process my loan. Thanks!

Bob Duarte

The PPP loan process was very easy to complete. I received the loan in about 2 weeks, which was direct deposited into my business account. I was very happy with the entire process.

Dennis britto

I had a very favorable experience applying for the PPP assistance. If I was missing information, they would alert me with an email reminder immediately so, that I didn't miss out on the chance to help my business. The process to apply was also very easy.

Janice Lopez

I was introduced to ACAP when they began partnering with my first PPP loan provider. I worked with them on 2nd round funding. It was very easy, straightforward, and the loan funded quickly. As a business owner, trying to navigate these very challenging times, I greatly appreciate them making the process easy.

Monika scott-davis

I had a great experience in the application process for my PPP Loan. The directions were concise and straight forward. Once my application was submitted I received timely updates on the status of my loan, which was greatly appreciated.

Susan Hoeffner

All Good! Any questions I had, Brenda, my loan source representative, was right there to help. My loan was approved quickly....even received a follow-up phone call from the company making sure I received the money. Thank you Loan Source, Inc

Ryan Watkins

Made PPP Loan app fast & easy. Site was very informative. Support helped me when I needed it and ignored me when I didn't. Got it done. I ended up doing both the complex forgiveness app and then the simple one because the simple one is easier to process. Solid company.

Ronald Burdette

I read some of the other reviews and did not have any of their problems. My loan was quick and painless. The only issue I had was the status of the loan was not accurate, it said the loan was pending funding for 2 weeks after I already received the funds. Still easy experience.

Mike Redman

The entire process for funding my loan was very straight forward and relatively easy to do considering how beneficial it is to our non-profit organization! Have your paper work ready and accessible and it will be an easy task.

Peggy Hoobery

My first PPP was sold to The Loan Source. They have very good communication keeping you informed of any changes. I applied for my 2nd PPP loan and it was much faster through the Loan Source than my first one. Great to work with

Robert Marsh

I must say, I am so very happy with the speed and use of AI to process my PPP loan. The Loan Source did an amazing job. I anticipated many obstacles but was surprised at how easy and intelligent their software program was to use.

Michael Sojcher

Applied for PPP round 2 with Loan Source. Also applied thru Chase. Just received our funding thru Loan Source. Chase got stalled on some data mismatch. Loan Source assigned a dedicated processor to our PPP application who guided us thru several revisions to make sure we got funded, which we did. We are a modest sized business and the attention to detail that we received and of course the funding was amazing. Highly recommended.

Matthew Kaplan

2ND UPDATE: I am adding another star (now 3 total) because Terri Kravitz really is great to deal with. She has continued to be readily available and helpful throughout the entire forgiveness process for our 1st PPP loan. She is dedicated to helping her customers and her help has been appreciated. 1ST UPDATE: After trying every avenue I could find to escalate my situation, I eventually did hear from Terri Kravitz who was very kind and helpful. Unfortunately, because of the way the process was handled, she couldn't fix our incorrect loan amount. But she has been communicative and sincere, which I appreciate. So adding 1 more star. ORIGINAL REVIEW: I would give 0 stars if I could. This company bought our 1st PPP loan from our commnity bank and it has been truly awful to deal with them on PPP2. I gave up trying to get them to approve the correct amount. Now I'm just trying to get our application to SBA and they have delayed for weeks and lied to me in writing. I have tried going through all of their support channels - email and chat - and they simply don't respond even though they promise to within 72 hours. It's been more than a week and I can't get any response from support. If you can avoid them, I urge you to do so.

Maria Fraser

Thank You ACAP + The Loan Source for your promptness and professionalism in acquiring my PPP Loan for my restaurant. I received my PPP Loan faster than I expected. My bank, WSFS, provided guidance to this application process through ACAP and The Loan Source. Through these trying times, it was a very smooth, easy process. Thank you WSFS and ACAP + The Loan Source as this PPP will keep my business moving forward! Cheers...Maria

LISA WILLIAMSON

I never thought I could receive PPP. I took my cell phone and finished all the application on my phone with the APPs they provided. I was lucky that I saved most of the business documents and payroll information on my cell. It took me 30 minutes to finish my PPP application on their APPs on Jan 21st and got my funding on Feb 3rd for little over 19000.

P “Squals” Camp

PPP 2, applied and funded in 10 days from the loan source! as our other application from a major bank sat in there portal requesting more docs that we already submitted. The loan source process was direct and efficient!! 10 Days application to funded! Thanks Loan Source!

Gwen Pallat

I worked with Maria Orozco on my Business Loan over the past few months. She was always very helpful and responsive to my calls and emails, in a quick and timely manner. She would explain details to me, so I was clear on what was needed, and what was to be expected. I truly appreciate the service received with ACAP overall!

Eric ScottP

I had an experience worth noting. The rep, Maria, was extremely attentive/available throughout the loan process. We came to her company when our efforts with another outfit were coming to naught. She was very helpful, even as it looked like the other loan application would be processed, which is what happened. Clearly she cared about our getting funded, whether it was through her firm or the other one. This was extraordinary and in this day and age highly unusual.

Meg Robertson

We used The Loan Source for our PPP loans and Forgiveness application. The system was easy to use, we were able to access funds much more efficiently than our large bank, and they kept me informed throughout the process.

mai le

Great service, response emails, and professional. The entire process was easy and fast. I had a priviledge to work with a member of the team, Mr. Sang Ly. He is friendly, caring, and professional. I takes only few days to get an approval from SBA. Many thanks to The Loan Source, Inc.

Robert McDonald

We were fortunate enough to locate The Loan Source, Inc,. to asssist in our PPP application. The business was efficient but the services of Kyle Brandon were exceptional. He knew the file and was responsive and informative. I would recommend these folks without reservation.

Terri Hedges

The PPP process was extremely frustrating to us, finalizing the forgiveness was a long, hard process. We were in the process of selling our company and trying to get the forgiveness paperwork thru before our closing date. With the help of Harold Lichtenstein, we got everything resolved, and his extra effort in helping me thru this emotional process was very much appreciated.

Debra Malota

The Lian Source's application was straight forward. The reprentatives were helpful and professional when I needrc help and answered my questions with patience and kindness. The process was simple enough and not time consuming. I highly recommend and have recommended to fellow small businesses, The Loan Source. I am most grateful for their help.

Cordell Toson

These guys are always first when it comes to SBA loans integrated into their portal. By the time my primary bank was ready to accept my PPP application, these guys already had my application in front of the SBA for approval. The best. Hands down!

Stephen Bennett

From start to finish my PPP application took less than 20 days. In times like these you need speed and efficiency and that is exactly what my company received from The Loan Source

nicole griggs

This was such a foreign process for us. I was unsure throughout but did the best I knew how. I ran into some confusion and sent an email. At that point Harold Lichtenstein responded. He was willing to walk through everything needed, explain any issue I had to update, and have their IT dept fix any glitches that were not working quite right in their system. That is all I can ask for on a process that we are all just walking through for the first time ever. His follow up and willingness to see it through to the end was so much appreciated. If he could fix/update with me needing to do anything he did and hearing that it was 100% done and complete for both was great! I would recommend using them again for sure! - Nicole

Mahendra Pattni

I have been very impressed with The Loan Source, Inc. in terms of the whole process from start to finish. The website technology is very secure, friendly and provided all the information to apply for the loan as well as forgiveness. Questions are answered promptly and dealt professionally.

Wild Rivers Inspections

The process was straightforward and communication was generally good. I have no unresolved issues. Borrowing is never easy which can lead to frustration, but I felt things were handled in a timely manner and overall went much smoother than anticipated.

Helene Segool

We used their site for our PPP #2 loan application, and the process went smoothly. We were able to easily save what we had imputed, if we had to gather further information, then return and continue the process easily.

Genualdi Orthodontic Associates, PA

Had a great experience with funding the 2nd PPP loan. Application was quick and easy as long as you have al the required documents. I would highly recommend this company and have so to other businesses.

John Erickson

Couldn’t be happier!!!! 2nd PPP Loan took 20days start to finish, directly deposited in my bank account. Custumer care was terrific!!! Ciaira was my representative, and really couldn’t thank her enough!!!!! Helped get the paperwork put in and stayed in touch with all the details!!! Top notched act!!!!! John J.Erickson&Son

John Blase

Refinancing your business can be a long and aggravating process. The key to getting the most successful result is starting off the right way, which means finding the right bank/lender. When my company needed to refinance our mortgage, we were lucky enough to have an advisor who referred us to The Loan Source. Unlike other banks, The Loan Source is dedicated exclusively to SBA lending, so they had the proper focus starting day 1, and throughout the entire process. They guided us through the process without a misstep, providing mega bank results, but with the neighborhood bank/lender feel. We couldn’t have been happier with the result, and have no reservations in recommending The Loan Source to anyone seeking SBA financing.

Eugene Porcelli

They helped our organization obtain funds through the 2nd round of the PPP Loan. The application process was quick and easy. Funds were disbursed in less than 3 weeks!

HD Brown

I used my local bank for my first draw on one of my two businesses then used ACAP/The Loan Source for the second draw on that business and both draws for my second business. I could not be happier with ACAP/TLS. Their verifiers and underwriters are very responsive and helpful. Thanks for all you guys do to help us small businesses try to survive.

Haywood Jackson III

Awesome company to work with! LIXO, LLC was proud to receive the 2nd round PPP in less than 20 days, wow! I look forward to providing the forgiveness paperwork. If there’s a Round 3, we certainly will be going with AltCap to get funded!

Rob Mattern

I used this service to fund my 2nd PPP loan. The application was straight forward, updates were provided, very simple. Start to finish was 20 days until funded.

Andrew L

We had no issues with this provider. We have multiple companies and loans went through seamlessly. I see the negative reviews and have a difficult time relating. All I can say is we had all of our data correct before applying and I am sure that helped.

Angie Newton

Amazing communication and customer support! I highly recommend ACAP + Loansource. My PPP Loan was funded within 20 days and the process was very smooth and simple!

Shirley Han

I have a hair salon owner in boston...my bank, berkshire bank referred me to apply 2nd PPP Loan via loan source...excellent experience...where fund promised coming feb 26, is actually arived feb 5...that's about 21 days earlier...i'm very happy with The loan source..highly recommended to every one and all!!

Sumit Verma

Very Satisfied !! with Services of "The Loan Source Inc" In year 2014 when all the other banks turned us down to lend money. The Loan Source showed sincere interest in our new Venture and very confidently lent us the money for our startup business. The process was very simple. I would again use them for my next venture.

John Callandrello

Using The Loan Source was a very easy process! I have completed loan applications + loan forgiveness for various clients and this was by far the most user friendly and easiest portal to use!

Anna Minter

The process was smooth and the communication was clear. I did not experience one glitch while navigating the PPP loan process. I am grateful for the swiftness and the attention to detail.

Susan Chiellini

Filing my PPP 2.0 application was seamless with ACA Group's easy website to navigate. ACA Group's response was quick and my business was funded rapidly. Thank you ACA Group!

Aaron Guess

Super easy web interface. Got loan quickly. Loan forgiveness took 5 mins to fill out through their website. I’d recommend to anyone looking for ppp loan.

Jim Bartunek

A PPP loan was critical and these folks, and especially David Saunders, could not have been more helpful. He was available at all times of day and evening to answer my questions leading to my procurement of this loan.

Karin Lancellotti

At first the portal was unresponsive for days and customer service kept closing my request ticket. But once the portal opened correctly and I was able to log in, the procedure for my 2nd PPP was seamless and quick.

POP UP EVENTS MARKETING, BRANDING, PR

My experience with The Loan Source, INC was impeccable. Due to the prompt service provided, we could hire back employees and keep the doors open. The TEAM @ POP UP EVENTS, thank you!

Buky Igun

Process for the PPP loan was incredibly smooth and easy. Communication on missing documents was prompt and resolved quickly. Would recommend

Michelle Morton (Michelle Morton, Realtor)

We had an amazing experience with our round 2 of the PPP with the loan source. In less than 20 days, we were fully funded.

Carolyn Doerr

Thank you so much for your help with my second PPP loan! The process was wonderful and I appreciate the guidance received. I’m certain that the forgiveness process will go just as smoothly.

Allison Kalsched

Easy and clear process from beginning to end of round 2 of PPP loan. Even when there was an issue with the depositing the funds, they were responsive and helpful.

Look Media Resource (LMR)

I want to acknowledge the help we received from Pratiksha Bhargava. Her involvement in helping us with our application made the difference for us. It's not often someone takes the time to care enough to answer questions and follow through to help navigate something as complex as this program. I can't say enough about her dedication. We are very grateful.

Lillian Harrington

I had a very good experience applying for the PPP loan through the ACA Group. All agents were courteous and professional.

Joseph Gruner

All my dealings with The Loan Source in preparing the documents required and filing them for my PPP were excellent and done quickly and efficiently. I could not have asked for better service.

Despina Spencer

Harold was a blessing from the start of the PPP process. He provided easy to understand answers to all of our questions, and in a timely manner. Simply put, Harold was a wealth of knowledge in a sea of uncertainty, and we were very grateful to have his assistance during these uncertain times.

RJJ

Application and Processing of PPP Loan was completed in a timely, professional manner. No problems at all. Loan Source helped in any way they could.

David Cleary

I had a very good experience filing for my PPP through the ACA group. My contact Pratiksha was thorough, responsive and professional. A pleasure to deal with.

Dan McQueen

I had a very easy time going through the process of applying for second draw PPP. Incredibly fast process from submission to funding. Highly recommend

Arthur Feldman

My 2nd PPP loan was rapidly processed and appreciated! I am still waiting for my submitted 1st PPP loan forgiveness application for approval.

Iqbal Akhtar

Extremely responsive and helpful for our PPP2 draw. Loved working with Grace! Highly recommend for your financial needs.

Loving Childcare

I was worried at first that DIME unloaded some of their returning PPP receipents to this bank but I must say that The Loan Source made the process quick and painless. I pray that the forgiveness piece is the same.

Jodi O'Sullivan

I work highly recommend The Loan Source. The PPP loan process was easy, the customer service was fantastic and the experience was very pleasant.

Peter Schwab

My first PPP with my reg bank was a disaster. My second PPP with Loan Source was fast and easy. I would highly recommend them.

Dwain Kester

The Loan Source did a great job of helping me apply for my PPP Loan, I would highly recommend them to help anyone apply for their loan as well.

Michael Shoemaker

Great Wonderful Experience!! Petra Kolarikova was OUTSTANDINGHe kept me in the Loop and Provided Accurate Guidance throughout the Process. Would Definitely Recommend!! A++++ From Me!

Dean

Great service. I received my PPP loan in less than 20 days from start to finish. Highly recommended!!

Pamela Bost-Mincey

The process was very easy and quick. I received my money in about 2 weeks. I would highly recommend the Loan source Inc.

Krishna Srinivasan

Our experience with ACAP was very positive. We worked with Bria Boyd at ACAP who was very professional, thorough and responsive throughout the process.

Clinton Kershaw

It was so simple and easy. The Loan Source really figured it out. I have heard so many complaints from other people and their lenders. Just use The Loan Source, you won't be disappointed.

Rob Paterkiewicz

Their online platform is efficient and comprehensive and as this was my first time applying for PPP I had some questions which they responded to quickly. I was very pleased and impressed.

Ryen Williams

The Loan Source made it easy for me to receive my PPP loan and it wasn’t a long drawn out process. I’m super appreciative!

Mike Koperna

The process was easy and painless but you do have to have your paperwork available and organized. Was approved quickly and funded just as quick.

Andre Rousseau

I had a great experience with getting my second PPP loan. Easy to follow instructions very well laid out.

Pam Neumann

We had an amazing experience applying for our PPP2. In less than 20 days our company had desperately needed funds!

Bob Majcherek

Love these guys! They handled both my PPP loans, referred them to my brothers' company so that they can get out of Wells Fargo.

Cyndi Shymanski

Filing for PPP through the ACA group was not stressful at all, and moved along very quickly. Pleasant experience.

xavier Rafael

This was one of the most stress free streamline processes I have been through in my business life. Everyone I dealt with was prompt in their responses and pleasant to work with and that helped my business tremendously...... thank you for your help

Matt or Kimmie Snell

I worked with multiple people for our many businesses and I can't say enough good things about them! They were all professional and as helpful as they could be during such difficult times. I can't say enough nice things about them.

Surekha Jain

Our loan was processed with in 20 days. Our forgiveness was also completed in a timely manner. Thank you!

Laurie DiFrancesco

This process was extremely easy - Did it all on line and was processed quicker than I could have imagined. Never had to call or even email. For a small business owner this was great

Roman K Salon (Roman K Salon)

Amazing experience with getting our second PPP loan...easy and quick application and funding. Would definitely use them again.

Denise

The Loan Source makes the PPP process simple and fast. Had a real good experience with very few complications.

Shirley Austin

The process was very simple , consultant very responsive, fast loan approval and funds deposited within 2 weeks.

Neighborhood House Nursery School

As a non-profit, it was critical for us to obtain the 2nd draw PPP. Loan Source made this process painless and smooth. Thank you!

John Lytton

I used them for our second round of PPP and they followed through quickly. No issues thus far and happy with the process.

Jose Voyard

I had a great experience with The Loan Source. I would recommend them to any small business looking to help fund their business growth.

Melissa Fisk

We were able to be funded within 20 days of applying for our PPP.

Steven Jagusch

One of the best companies I have worked with in a long time! Very easy to work with & patient! Got results when no one else did!

Maria Isabel Gutierrez

We had a great experience filling for our PPP loan! Easy and quick !Great service!

Ken Smith

Excellent. And smooth transaction, very clear in terms of defining all the pieces necessary to get my funding in place. Highly recommend this organization.

Bindu Patel

IT IS VERY EXCELLENT WORLD CLASS SERVICES FOR SMALL BUSINESS OWNER. THE APPLICATION VERY SIMPLIFIED AND VERY EASY TOO FILL UP THE APPLICATION AFTER THAT VERY QUICK SERVICES WITH VERY EXCELLENT COMMUNICATION AND VERY POSITIVE AND QUICK RESPONCE. GREAT SERVICE JUST KEEP IT SAMEWAY EXCELLENT SERVICE.THANKS

Jenna Hrinda

Easy to navigate the process and they were quick to respond. Made the whole PPP process simple and fast. Highly recommend!

Jim Burford

The loan was processed in a speedy manner and there was a minimum amount of “red tape” to complete the process. Very satisfied!

Kathy Samaris

The team was very responsive and helpful. They were able to assist with some issues I had and everything was resolved quickly. I would highly recommend.

Mario Sejdiu

God Bless Them!!! I got my first ppp loan their bank and they make it such a easy process

Christine Thomas-O'Meally

My accountant referred me to this vendor and he seemed like it would be difficult and I might not have good luck, but WOW that was fast and easy! Thank you, Loan Source!

Angelisa Farmer

This company was very informative and made our small business forms very user friendly. I would recommend them to any proprietors. Thank you, A. Loftin-Farmer

Carl Byer

The process went very smoothly with no glitches for my PPP loan.

Dina DiRoma

Excellent company to deal with. They were extremely quick, very responsive and so seamless:) Thank you for all of your help.

Chynele Johnson

The service was prompt and helpful! I would recommend loan source to any small business in need of financial resources.

We Are The Future Presidents, Inc.

I am shocked to read some of these bad reviews, because my process was smooth and quick and the communication was ongoing but not overwhelming.

Tony Femminella

Being a first time PPP applicant the Loan Source made the process seamless.

Janny Duran

The customer services is excellent and the response was fast. They were on top on all the document needed to make it happen. Thank you!

M El Sayed Physical Therapy PC

Very professional, I got my loan in less than 3 weeks! Amazing team.

Tomeka Woods

This loan agency helped me to get funded in less tha. 20 days awesome

Israel Rosenbaum

I had an amazing experience. Loan funded 20 days from application.

Tom Calderone

they were great with follow up, and took my phone calls every time to answer any of my questions. at this time, I truly appreciated that!

Ross Seymour

Working with Loan Source was very easy and informative. I would highly recommend this company.

Rachelle Worrell

Had a good experience obtaining my ppp loan it was fast and seamless

Dennis Cerutti

Ppp process could not be easier. Fast contact when I had a mistake. Closed quickly. Thanks!

Denise Graff

Absolutely professional, knowledgeable and extremely helpful 20 days from start to finish. Highly recommend!

Ashkin Damavandi

A very direct, very easy to navigate interface. Great customer service. Quick turnaround :)

J W

Experience was great the tools and methods of communication were easy to use Highly recommend!

natalie parvizi

Fast, easy, clear process or getting the PPP loan. Would highly reccomend.

Kristina Robinson

Got me my loan super fast would recommend to another small business owner

lionel geltman

Straight forward process. Ensured i provided what was necessary with little human intervention. Quick response

Justin Piatti

These guys helped with my PPP - they were fast, responsive and professional. Thank You!

Rod Escobedo, DC

I had a great experience with this lender for my PPP loan.

Loni DeMarco

Absolutely flawless experience. Easy breezey ....just an awesome Company......no delays no hassles Excellent!!!!

Mithilesh Patel

Fast and Easy to Understand Process. Very knowledgeable and professional staff with quick response time

Sherley Cherenfant

Fast service and easy process. I had a very good experience and would recommend their service.

Kenneth Lam

I experienced a very good service applying my PPP.

C. Shelby Durham

We had a very positive experience with securing our funding!

David Herman

quick, easy and simple. got funded for both ppp in record time.

Tamara Mitchell

Very user friendly website. Had great IT help when needed for form uploads.

John Tuccillo

Great and seamless experience using the Loan Source for my PPP loan,,,,

Blake Gardner

My initial review was not good. I'm rescinding it because they made effort to make it right. Thank you.

Tyler Witty

Very professional, responsive and easy to work with company. Highly recommend.

Peter O'Connell

Staff efficient and responsive .we got our grant very quickly Very good

Kevin Massie

Very professional and quick customer service. The website was easy to navigate and back up was quick to assist.

Larry Tonti

The process could not have been any smoother. Would recommend to anyone.

Heather Hunter

They very easy process! Banking made simple!

Simply Yoga

Our second PPP was quickly funded!

Jesse Dominguez

I could not be happier with service. Incredibly user friendly and responsive.

Det Ansinn

Very efficient processing of our loan application.

chiet garvin

I was Able to get my loan fast.

Jim Dausch

Great service. The young lady that helped us was great

robert wiggins

everything went smoothly with PPP loan

charles sampey

Whole process was smooth, very simply, and quick.

andrews.kenya70@gmailcom Andrews

Very please and it was simple and easy to Apply

neil clay

Great job, responsive, helpful and very professional

John Manning

Very fast, professional & friendly!

Door Hangers

Very well done. Smooth, quick.

Jean Fritz

Excellent experience Would strongly recommend

Chad Trostel

Couldn't be happier with all of the help I have got.

Julia Rivas

It was a fast and easy process.

Dr. Carol A. McGuffin

Fast, Efficient and very Helpful!

Steven Semlali

Excellent experience...Thank you

David O'Connell

quick &seamless, fantastic experience

Mosquito Squad of Delray Beach

Awesome service & company!

Fouad Matragi

Excellent experience with the Loan source

Prasad Gonavarum

Easy, fast and simple

tim shook

Couldn't be happier!!!

Ryan Rushing

Great service!

Kings Tradinflg

Got it done !

RICARDO ARANDA REGENERACION MX

This The Loan Source Inc portal is very useful in the application for the SBA small business assistance program known as the PPP, this portal facilitates the process of connecting with the SBA and with the financial companies, I especially want to thank for all the kind attention and the excellent professional service provided by Miss Brenda Cumpa who was in charge of advising and guiding me at all times from start to finish until my application was approved, for which I highly recommend her to support you in your applications with the SBA.