Has anyone one heard of or had dealings with HIDALGO FINANCIAL GROUP??

I am presently working on a deal to buy two properties 50% under market value. During my search for a hard money lender on the internet, I ran across the HIDALGO FINANCIAL GROUP. They are willing to lend me the 250K I’m looking for but there is an initial investment of 13K. The deal is not my issue, I’m just concerned because this group is not local and I don’t know much about them. For all I know they could take my 13K and walk. They are based out of Scottsdale, AZ and have an office in Nevada. Has anyone heard of them?

Did you ever find anything out about Hidalgo or did you make your deal??