Fresh 2025 Business-Loan Scam Alert: “No PG, No Collateral, $350k at 8.25%” from truman@renboosttry.org

Published: November 18, 2025 Author: Russell Nomer – Cybersecurity & OSINT Consultant

Every single day my inbox gets hit with junk financing offers, but today’s stood out so spectacularly that it demanded its own write-up.

Here’s the pitch I received this morning (full headers preserved for researchers):

text

From: Truman Ellis <truman@renboosttry.org>

Why This Is Almost Certainly a Scam (or Predatory Bait-and-Switch)

1. The domain renboosttry.org is nonsense Zero legitimate WHOIS history tied to lending, no website, no archived pages, nothing. Google the domain right now — you’ll get male-enhancement pills and gaming boosts, not business credit.

2. “Affinity Services” + “Truman Ellis” has zero footprint in the lending world

   • No website
   • No LinkedIn company page or employee profiles
   • No state lending licenses
   • No BBB profile, no complaints (which is actually worse — real funders have complaints)
   • No mentions on Fundera, Lendio, NerdWallet, deBanked, or any broker forums

3. The terms are pure fantasy A $350,000 unsecured, no-personal-guarantee, no-collateral, revenue-based line “starting at 8.25%” simply does not exist on planet Earth in 2025.

   Real-world comparison (2025 data):

   Claimed Feature	Their Offer	Actual Market Reality ( reputable revenue-based / MCA)
   Amount	$350,000	Possible, but rare without PG
   Personal Guarantee	None	Almost always required above $150k
   Collateral	None	Usually none (they take % of revenue), but again — PG is the backstop
   Rate	“Starting at 8.25%”	Laughable. Real offers use factor rates 1.18–1.50 → effective 25–90%+ APR
   Legitimate comparable lenders	???	Pipe, Clearco, Wayflyer, Uncapped, Founders Fund, Lendio partners — none come close

   If someone were actually offering those terms, every VC-backed startup and consulting firm in America would be lined up around the block.

The Playbook (Choose Your Own Adventure)

These operations usually run one of three ways:

1. Classic Advance-Fee Fraud “Congrats, you’re approved! Just wire $4,999 for underwriting/insurance and the $350k releases tomorrow.” Money vanishes.
2. Predatory MCA Broker You send bank statements → they “approve” you for a merchant cash advance with a 1.38 factor rate, daily ACH debits, and a personal guarantee buried on page 9 that you confess judgment to.
3. Data Harvesting They just want 90–180 days of read-only bank logins or Plaid connections to scrape or sell your transaction data.

How to Protect Yourself (2025 Edition)

• Never respond to unsolicited funding emails. Ever.
• Real funders have real domains, real websites, and real reviews.
• Revenue-based financing is never quoted as an interest rate — it’s a factor rate or fixed fee.
• If it mentions “no PG” on six figures with single-digit rates, close the tab and laugh/move on.

Full Exposure

Domain: renboosttry.org Sender: truman@renboosttry.org Alleged company: Affinity Services Alleged signer: Truman Ellis

Already reported to the registrar abuse desk, CISA, and the usual blocklists. This domain and template will be dead within days once the spam filters catch it — but they’ll just spin up another.

If you received the same email, mark it as phishing and move on. And if you’re actually shopping for revenue-based capital, talk to reputable players (Pipe, Clearco, Wayflyer, Lendio, Fundbox, etc.) — expect to pay real money for real money.

Stay sharp out there.