About EVEST FINANCE
Company Overview
EVEST FINANCE is a financial services company based in Panama, founded on October 17, 2023. The company is relatively new, with records indicating zero employees. Despite its recent establishment, it has garnered a strong presence on Trustpilot with 103 reviews and a rating of 4.5 out of 5 stars.
Based on client feedback, EVEST FINANCE appears to specialize in real estate lending, including fix-and-flip loans, refinancing, and construction financing. The company works with real estate developers and investors, offering fast closings and personalized service. However, no information is available regarding traditional forex or CFD trading instruments.
Regulation and Safety
Our records show that EVEST FINANCE currently holds no verified regulatory licenses from any financial authority. This is a significant consideration for potential clients, as the lack of regulation means there is no oversight from a recognized body. The FXCanary Scam Risk Score of 48 out of 100 places the broker in the 'Guarded' zone, indicating that while there are no immediate red flags, caution is warranted.
Prospective clients should be aware that operating without a license exposes them to potential risks, such as lack of recourse in case of disputes. It is advisable to conduct thorough due diligence before engaging with this broker.
Client Reviews and Reputation
Reviews on Trustpilot are predominantly positive, with 103 reviews averaging 4.5 stars. Many users highlight the professionalism, speed, and transparency of the team, often mentioning specific staff members by name. For instance, clients praise Tyler, Dakota, and Dan Niemeyer for their professionalism and communication.
However, a minority of reviews raise concerns about hidden fees, poor communication during closing, and upfront charges that are not reimbursed when deals fall through. These negative experiences, though few, should not be overlooked. Overall, the broker enjoys a strong reputation among its clients, but the lack of regulation remains a counterweight.
Services Offered
From the review content, EVEST FINANCE primarily offers real estate lending services, such as fix-and-flip loans, portfolio refinancing, and construction financing. Users mention borrowing amounts ranging from single-property loans to multi-million dollar facilities.
No information is provided about forex or CFD trading accounts, trading platforms, or instruments. The broker does not disclose typical brokerage features like leverage, spreads, or deposit methods. Therefore, traders seeking traditional broker services may find this company unsuitable.
Account Opening and KYC
The account opening process is referenced positively in reviews, with clients noting attentive loan officers and a smooth application. One reviewer mentioned that the loan officer, Jim, was attentive and transparent about the loan process.
Specific details about minimum deposits, verification requirements, or documentation are not disclosed. It appears the broker tailors its process to each client's needs, but standardized information is lacking.
Funding and Withdrawals
Funding is described as seamless by several clients, with one stating that 'funding was a seamless process as well.' Another noted that CoreVest (the entity referenced in reviews) funded multiple projects quickly.
A negative review reported that after extensive communication, the broker declined to fund in Baltimore, causing frustration over wasted time. Withdrawal-related complaints are not present in the aggregated data, but given the nature of the business, 'withdrawals' here likely refer to loan disbursements rather than client fund withdrawals.
Customer Support
Customer support receives high marks across reviews, with many users mentioning specific team members like Brendan Hamilton, Jim, and Ryan. They are described as responsive, knowledgeable, and dedicated.
One reviewer commented on great service but noted an inefficiency with reordering certificates of good standing multiple times. Overall, the support team is a strong point for the broker, contributing to its positive reputation.
Overview compiled by FXCanary from regulatory records and public data. full EVEST FINANCE review