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Business Profile

Financial Services

Capital Alliance Financial, LLC

About

Important information

  • Additional Info:
    In October 2013, Capital Alliance Financial LLC notified the BBB that their company name and address is being used in conjunction with a Timeshare Resell scam.

    According to documentation provided to the BBB, the timeshare reseller is contacting consumers fraudulently using the company name of Capital Alliance Financial LLC and address of 3923 - 28th Street, SE, Suite 386, Grand Rapids, MI 49512.

    Other company names used on documentation on file at the BBB include Alliance Asset Management and Alliance Corporate Solutions Inc.

    The phone number for the company listed on the "contract" of 313-437-9391 is no longer in service. The fax number for the company listed on the contract of 888-884-9764 is no longer in service.

    The true name and address of the company making the resell offer is unknown at this time.

    Based on the documentation provided the the BBB, it appears that the timeshare company informs a timeshare owner that they found a buyer and that they have in their possession a substantial down payment from the buyer. The company asks the seller to provide a processing fee ranging from $1,999 to $2,586 to be refunded by the company after the sale closes. However, once the company receives the seller's fees, the sale does not close and the seller's money is not refunded as promised.

    Unfortunately, as the company making the offer is unknown and cannot be contacted, the seller is unable to obtain a refund of monies paid.

    Please note, the actual company, Capital Alliance Financial LLC, IS NOT in the timeshare resell business; they provide financial services.
  • Additional Info:
    Mr. Phillip Stenger also owns Stenger & Stenger, PC and a separate report is available for that company.

About This Business

Products and Services

This company offers debt purchasing and reselling to debt collectors.

Business Details

BBB File Opened:
5/3/2010
Business Started:
1/1/2006
Business Incorporated:
5/9/2006
Type of Entity:
Limited Liability Company (LLC)
Business Management:
Mr. Phillip Stenger, Managing Member

Additional Contact Information

Principal Contacts
Mr. Phillip Stenger, Managing Member
Customer Contacts
Mr. Phillip Stenger, Managing Member
Ms. Amanda McKendry, Manager

Additional Information

Industry Tip

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