Pros
Mediocre performance is acceptable….
Cons
Poor senior management, will tell you anything you need to hear, but will never come through. No sales structure, will tell you a territory, but will let anyone sell into it. It’s open season. Highest rates and dealer fees in the industry, but expect the most originations. Employees are unhappy, only think about getting out of there. I was high-fived and hugged by numerous long term managers when I quit (they wished it was them). Stock options that were announced for employees were given to senior management team only. If you want to work for a company where it is all about originations and not about the employee wellbeing and being lied to all the time, this is the place for you.