| Frias Financial |
| Frias Financial Ray Frias, Long Island, New York |
| 22nd of Nov, 2010 by User462244 |
Working with Ray Frias was the worst experience of my career. He is a very cocky individual that contacted me to get his deal funded forcefully. He is very unprofessional and rushed me throughout the whole experience. Due to his lack of respect, assetfundinggroup.com had to decline his project. He never answered the phone when needed and had the nerve to rush us throughout the whole due diligence process with his file. He made our company, assetfundinggroup.com look very bad because of his inexperience work ethic dealing with borrowers and clients. He also threatened me multiple times to close his deal. He was by far the worst person I had to deal with. He lied about the whole project and wasn't capable of being funded with no intention of telling the truth. Please beware of his aggressiveness to fund deals as if he never made money in this industry. He also had is assistant John Williams to threaten me about this unusual project. Beware..
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URGENT! URGENT! URGENT!
We are working with a Client who has been promised a 7 day Closing and we are doing a due diligence check on Frias Financial/Ray Frias.
Please contact me by phone/email/SKYPE.
Best wishes,
Michael
Michael Bogin, B+, MCT
Managing Partner
North Brooklyn Capital
12 Lark Street
Toronto, Ontario M4L 3M6
647-438-0010 (phone)
647-438-7193 (fax)
SKYPE - michaelbogin
[email protected]
http://www.northbrooklyncapital.com
We arrange Debt and Equity Solutions-
Experts in Purchase Order Financing and Asset Based Lending |
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Please be advised the post you have read is false, misleading and inaccurate as it relates to Frias Financial and Kara Miller of Asset Funding Group.
For the record, this blog trying to discredit Frias Financial who did No Wrong as is implied. Contrary to the blog, they are very trustworthy and professional.
As of August, 2011 Apex Homes and Frias Financial are still working on several projects across the country. Frias Financial has closed loans for Apex Homes in 2011as well.
Ray Watts is the actual borrower that the blog was referring to in their misleading assessment of Ray Frias and Frias Financial.
Mr. Watts experience with Kara Miller of Asset Funding Group is totally different from what was previously written.
Frias Financial was approached with several loan requests in Myrtle Beach, South Carolina by Mr. Watts in the early part of July 2010. Frias Financial reviewed the projects and suggested several lenders including Asset Funding Group as a possible lender.
After initial talks with AFG and supplying them with requested documents, pictures, and financial information, AFG stated that the Myrtle Beach project would be a fit for their company.
In October of 2010, Kara Miller a representative for AFG suggested that she and Chris Gharrity, the president of their company would like to visit the project site.
Mr. Watts’ assistant sent AFG funds for an application and processing fee and to come visit us in Myrtle Beach. She also set up appointments for visits with various other properties.
Kara Miller and her company then proceeds to cancel the appointment and reschedule for the next week at the last minute. They had requested to move the visit date, only to be declined. They stated that they had a last minute appointment they could not cancel.
When Kara Miller finally arrived, she was treated with the utmost respect and later on Mr. Watts took her out to dinner. Kara Miller was driven to each of the sites by his assistant and set up for the night in one of our condo homes, courtesy of Apex Homes. Kara Miller stated that the project was a great fit for their company and promised us a commitment and closing upon her return to AFG headquarters.
After days and weeks went by with no response, naturally, the principle started to get frustrated and annoyed with the process. Excuse after excuse was made as to why we did not receive a commitment for this project.
AFG, after a long period of delay, finally declined the project. They stated that it was not a good project for them to go forward with at the present time. This was a total contradiction of their first statement of what was stated when they were present at the project site!
Valuable time and resources were wasted with regards to this project. Frias Financial was not at fault at any time during this unfortunate situation. They were honest and truthful thru out the entire process. Mr. Watts was quoted saying that “Ray Frias went above and beyond our expectations for this project. I admire him for his hard work and dedication”.
We advise anyone working with AFG to proceed with caution. They have proven themselves to be incapable of being professional and cannot be trusted. |
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@ Michael Bogin
I can assure you that no client was ever promised a " 7 day closing" as you have stated. The reason being is that it makes absolutely no sense...
Commercial Real Estate is a very open field, full of many opportunities for many different companies and individuals. Unfortunately, there are many unprofessional's in our field, as with the case of AFG and Kara Miller.
Contrary to the report, Frias Financial is a very honest and professional company. If anyone has any questions at all, please feel free to contact me at any time.
Jonathan Williams
Frias Financial
48 E. Old Country Rd.
Mineola NY, 11501
C:516-884-6261
O:516-279-6129
E:[email protected]
W:www.friasfinancial.com |
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