Appears to have been a fraud scheme, my friend almost sent a lot of money for a "loan security fee" 10 % of the loan value. Glad someone else saw through it and did some reverse searches and found out the websites have also been frozen! Operated under the name of Arm Lent Mutual. Beware that if you are not asked to provide documentation of any sort and asked to send money that is to secure the loan this is not usual business practice. Loan insurance is usually written into the loan. Do not send money to anyone!! Always verify your sources and take your time, if they are in a hurry then let this be a sign to not follow through. If they say its time limited, if you do not act immediately the deal is off. They even suggested that she call the Ontario Better Business Bureau, well this is only comforting and accurate if anyone else makes the report! Any time something like this happens or is suspicious, contact the Canadian Anti Fraud Centre at 1 888-495-8501.