LENDER-"FLY"-BY... because I came in with high hopes but was immediately swatted away like a fly on a wall. - Processor LenderFI Employee Review

1.0
24 Feb 2014
Recommend
CEO approval
Business outlook

Pros

Good people in Calabasas Quiet work environment Decent Pay

Cons

Ownership and Upper Management Very Poor Benefits No Vacation Took away Martin Luther King Day off Took away most holidays Changed pay structure and made all employees agree to it Never paid bonuses Owner never kept his word/promiises

Explore other reviews about LenderFI

5.0
10 Nov 2024
Recommend
CEO approval
Business outlook

Pros

Great management and production team

Cons

No 401k or retirement offered

1.0
17 Apr 2014
Recommend
CEO approval
Business outlook

Pros

I have to say that the only good thing about LenderFi is that working there made me appreciate the last company i worked for.

Cons

Working at LenderFi was a strange experience. I found that their was a lot of nepotism. If you weren't a friend or related to the owner of the company expect your suggestions and ideas to be ignored. I found that there was a "do as I say not as I do" culture in the work environment. I feel staff was laid off in order to keep friends and family on the payroll. The entire sales force was laid off. How does one expect to keep a company afloat when you cut off the means of income? I don't feel there was an appreciation for the workforce. I felt that we had to pull teeth to get our pay checks and when they were handed out it was with a sense of disdain from management as if his employees were a necessary evil. Almost as if no matter how hard we worked...we didn't deserve to be paid. I agree with the other reviewers regarding lack of days off, and zero paid holiday and sick pay. There is no long term plans for the company. They just tread water.

4
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