[lendaddy]

We had a bank offer us a working capital loan for our company. We filled out the application and they contacted us saying that everything was nearly set and they needed a two payment deposit and a small fee. We sent them that and they said it would be 24-48 hours for funding.

That was over a week ago now and they are now claiming they can't fund it as arranged and are working on a second option. Given the banking situation I understand that.

But...is/was it ethical for them to have cashed my check without an agreement?