Fast Commercial Capital is a lending firm based in Austin, Texas. Its owner is Don McClain who is notorious for scamming people through his last ventures such as EZ House Buyers.
His last venture had many victims and it seems he is trying to take advantage of more consumers through the FCC. Don uses various unethical business tactics to promote himself and his company so he can ensure that people don’t find out about his terrible past.
Before I highlight exactly why he’s unreliable, here is some information on him:
Don McClain: Deep Dive Into The History Of The Con-Artist Behind Fast Commercial Capital
Don McClain runs Fast Commercial Capital, a correspondent lender that offers capital to startups, real estate deals, and businesses. He handles the marketing, processing, underwriting, and other processes at this firm.
Fast Commercial Capital is located in Austin, Texas. Their address is 600 Congress, 14th Floor, Austin, TX 78701, US. The contact number of this firm is 512-256-9900 and the opening hours of their office are 8 AM to 6 PM on business days.
FCC claims to be a direct correspondent commercial bridge lender that focuses on transparency and closes difficult deals efficiently. But the reality is way different.
Don McClain also claims to be a highly experienced professional who puts the interests of his clients first. To make sure that you only hear the positive things about him, he has various websites that share nothing much except a little articles.
The primary aim of these websites is to misguide customers into thinking Don is a flawless professional who only cares about the results he delivers. Various reports and reviews suggest that Don McClain has defrauded many people over the years and Fast Commercial Capital is another one of his shady ventures.
More details below:
Don McClain’s Alleged Fraud of $500,000 and Fast Commercial Capital
You should know that Fast Commercial Capital isn’t the first venture of Don McClain. He used to run a different mortgage lending firm before with the name EZ House Buyers.
While FCC seems like a simple and genuine company, EZ House Buyers was not. According to complaints, Don has defrauded people for at least $500,000 through his various ventures.
His tendency is to launch a mortgage broker firm, scam people, then start afresh with a new brand.
Reviews say that he has changed dozens of company names and he scams people by claiming to help them with their loans. One victim says that he is extremely rude and arrogant as well.
Reviewers also say that he takes money for you for the loan and then stops returning your calls. One consumer shares that he first posted as a commercial mortgage broker and asked them to pay an application fee of $395 and an appraisal fee of $3500 then bailed on them.
Moreover, these are just a few complaints that I found online. Obviously, Don scams people through his mortgage lending companies and then changes the company’s name when he’s done.
Before, the name was EZ House Buyers. Now, it’s Fast Commercial Capital.
Here are a few reviews of Don McClain’s previous venture to help you understand why you should avoid him and his companies:
Don Lies to His Clients and Steals from Them
Don Stole $100,000 from His Friends and Distressed Settlers in a Couple of Years
Don McClain Took $12,500 and Left the Deal
Was Selling a Property He had No Rights To, Never Returned the Deposit
Don McClain Lies To Clients & Misleads Them With Fake PR & Reputation Manipulation
As you can see, there are many complaints about Don and his past ventures. As a service provider, he doesn’t want people to find out about them.
Instead of improving his services and trying to run an ethical enterprise, Don uses black-hat marketing and suspicious strategies to mislead consumers.
The website I had mentioned before is a strong example of how he is using useless websites to distract consumers. Such websites allow him to take up more space on Google search result pages so when you search for “Don McClain Austin Texas” you don’t see the various negative reviews and complaints on him.
He also pays a lot of money to PR blogs and articles to promote his business. These articles also help him in creating an illusion that his business is great.
Many scammers have utilized this tactic to promote their businesses and get more victims. For example, Mogul Productions uses this tactic to get more investors for their fraudulent operation.
You should be wary of companies that put a lot of effort into promoting themselves by using such illicit methods. They usually use this method to distract customers from something.
Fast Commercial Capital Review Conclusion: Extremely Shady!
It is evident that Fast Commercial Capital is an untrustworthy firm with a dangerous leader. The CEO of the firm is a notorious scammer with numerous complaints against his name.
Many reviewers complain that he took several thousands from them and then stopped responding. FCC is one of the many ventures he has launched so far that use this tactic to defraud consumers.
Texas is home to many lending firms. So, you don’t have to rely on one that has a terrible past and is operating on the same trajectory. Avoid this company.
It is evident that Fast Commercial Capital is an untrustworthy firm with a dangerous leader. The CEO of the firm is a notorious scammer with numerous complaints against his name. It would be best to avoid working with them.
- Misleading consumers
- Stole from clients
- Shady leadership