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Friday, December 30, 2011 - 7:58 PM
(1 stars)
DO NOT DO BUSINESS WITH CALIFORNIA BANK AND TRUST!!!
California Bank & Trust
(1 stars)I am a respected Real Estate, Commercial and Business Broker in southern California. Over the years I have referred several of my biggest clients to California Bank & Trust for their business needs. My referrals were based upon CB & T's claim to giving sensitive, friendly, personal service to small and large business owners alike. Not so any more! In the last two years, three of my clients have had their business loans unexpectedly PULLED out from under them, even though they were all meeting their obligations. CB & T almost destroyed one of those companies just when it was about to be given a $ multi-million contract from the Federal Government. The reason? They were "worried" because this small family-owned company had a decline in profits during the last two years --- no different from most other companies across the country during these tough economic times --- but it had survived and was just starting to flourish. CB & T was heartless and merciless. Fortunately, all three of those family-owned companies were eventually given "replacement" loans from other local banks that truly WERE responsive and friendly, and they are now all back on track --- no thanks to California Bank and Trust! If you are trying to grow your company and need a bank that will work with you, BEWARE of Califronia Bank and Trust!
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