Narmi

Narmi

Software company 3.00(2 reviews) 3 E 28th St Floor 12, New York, NY 10016, United States

Photos of Narmi

Narmi
Narmi

Narmi business numbers & email addresses

Email addresses

Not available.

Phone number
+17185099671

Location & directions

3 E 28th St Floor 12, New York, NY 10016, United States

Customer experiences

Tyler FishTyler Fish

WARNING: Do not work with this company. We were approved for a LOC and signed with them and once we were fully setup and transferred all of banking sources to them they called (not emailed so there’s no paper trail) and said they are experiencing a “bug” and cant deploy our funding. We then got another call a few days later from one of their co founders saying they can’t onboard new vendors because they are “retrieving new rates” and then would not provide any written reasons as to why they cancelled our agreement. We were left to dry without funding and then have to disconnect everything from their platform. Such a waste of time and a very sketchy company. If you are an e-commerce company I would not work with these guys and I would suggest exploring Wayflier, Settle, or JP Morgan. Ampla is an absolute mess of a company. Do not trust them.

Mel ZMel Z

Ampla changed the rules of our loan which put our business at financial risk. Beware of the rosy sales pitch. Update June 2023 - Ampla is now trying to delete this authentic and 100% accurate review. I guess it’s easier for Ampla to spend time trying to erase the evidence of unfair business than to just be fair and upfront from the beginning.

Drew AmatoDrew Amato

For context, this is the first one-star review I have left anyone in my life. Ampla seemed to offer attractive and flexible terms that were changed within two months of starting the relationship with them. Granted, our revenue (going into the relationship with Ampla) had marginally declined from 2021, but Ampla nearly put us out of business through borderline predatory tactics and inflexibility. We are with a new lender now and life has gotten much better. Stay clear if at all possible. Edit after Ampla's response: 1) The "accommodations" Ampla is referring to is mildly adjusting their credit model, effectively giving us a few weeks to find another bank. 2) Their model, which granted us an initial credit limit was based on forecasted revenue and completely ignored actual revenue (rev was down YoY upon application due to a bus. model change). Two months later, after we were required to use up ~70% of our credit limit to refinance out of other banks, our credit limit was reduced by ~40% with a massive remittance rate. Our performance was not falling short of anything other than an inflated 2021 revenue figure which was achieved through a weak business model. Our new lenders and investors appreciated our improving fundamentals and performance - and life is significantly better as I write this today. Again, run and hide if you are approached by Ampla. I wish I could go back in time and do the same.

Ben CohnBen Cohn

Ampla has been a great partner in helping our business to grow while managing our cash flow and working capital needs. They are highly responsive, fair, and thoughtful.

Narmi is a software company.

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