PathStone Enterprise Center Inc
Client Review on PathStone Enterprise Center Inc
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I want to rate a 0 star for this organization.Also why are there only Hispanics at the front desk? I decided to take a chance at one point with Pathstone to see if what I heard was actally true. I'm just now getting around to writing a review on them. Hope this helps someone.Well Great news you guys the news I heard on them came to be true. I paid a $70 application fee to start the process. My friend that warned me about them hit it right on the nail. They are not a organization that helps small businesses with loans. They lie about everything do Not be fooled. They are not upfront about reasons on why they don't give out money. Research proves that they are a "Non-profit" organization but collect profit from their real-estate department. Which makes them extremely profitable. They have plenty of money to lend to small businesses especially those with the correct criteria (business plan, projections etc.). Sorry, still not gonna happen. They will not lend to you unless they have a very very veeery did I say very? Big return from your business in profit. Also if your business will not make them look very good to the public then they will not gain good exposure and reputation with their "non-profit" driven government plan. For example if they own a property and your bringing in more profit for them with that particular property.....they're more likely to extend an offer to you because that will result in a great rep for them and bring them profit. Again anything to increase their real-estate margin & rep!I visited their website to see how big the company is and it looks like they have a lot of properties in more than one state including Puerto Rico! If anyone knows anything about real estate, it has an extremely wide margin for profit. In which I did a little more research and found out that they're doing substantially well. What a great scheme they have going on here. Rent to low-income families to take their money so they can get the government's grants so they can remain a "Non-profit" organization which allows them to skip out on paying taxes every year and keep their profit. Resulting in someone wiping their buts with Moulaa $$$$$$. Whether they have created a gimmick to make a log for the county of how many people are trying to become entrepreneurs for demographical statistics/purposes? I dont know. However what I am sure of, is that they are NOT giving out money to small businesses in an honest way. Well they have my $70 application fee and probably many others. What they should do is take the application fees and turn that into a small loan for someone with a dedicated heart that wraps around their business. "Hello Mr. Non-Profit", I have news for you. You're the poor one that needs moral assistance. The tenants you extend your properties to are the rich one's with pure hearts. They actually have a true life situation. You can change your situation despite the fact you have the money to do so but still choose not to. If the government hasn't caught up with them yet. Time will only tell.
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