AppStar Financial
3.3 of 5 9 reviews
www.appstar.net San Diego, CA

AppStar Financial Reviews

Updated Jun 9, 2014
All Employees Current Employees Only

3.3 9 reviews

                             

80% Approve of the CEO

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Mark S. Leibowitz

(5 ratings)

57% of employees recommend this company to a friend
9 Employee Reviews
in
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    Outside Sales Consultant

    Sales Consultant (Current Employee)
    Denver, CO

    ProsI am making a really good income and I can work as many hours a day as I want. My sales manager helps me to close my sales.

    ConsSometimes people set appointments to talk about our service when they're not really serious.

    Advice to Senior ManagementIt would be nice to have paid training.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    A great opportunity to make money and learn about financial services

    Sales Representative (Current Employee)
    Los Angeles, CA

    ProsThe appointments are already set for me
    Help with closing sales
    We save our customers money

    ConsThis industry is competitive
    Some of the bad competition gives all processors a bad name

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Was a good experiance. Was lucky to have a good sales manager

    Merchant Consultant (Former Employee)
    Central Valley, CA

    ProsFlexibility, you reap what you sew. simple

    Consalot of driving, you pay your own gas

    Advice to Senior Managementnone

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Great Intro to Sales!

    Sales Representative (Former Employee)
    Minneapolis, MN

    ProsBooked appointments for sales reps, 1-1 coaching from manager, as much involvement as you require, time off is available

    ConsIt's credit card processing...it can be a brutal business

    Advice to Senior ManagementKeep honesty and integrity top notch! Make sure to process at rates quoted!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Good introductory experience to sales

    Client Consultant (Former Employee)
    Minneapolis, MN

    ProsAppStar Financial will train you, provide ongoing sales training and get you started. The rest is up to you. They are great at ongoing support and keeping you on track with your goals.

    ConsIt's sales, so there are the typical cons as far as outside sales are concerned. The credit card industry is riddled with people that will flat out lie to get the deal...Beware if you're asked or encouraged to lie or "just don't tell the whole truth."

    Advice to Senior ManagementThe only advice that I have is uphold your integrity. Lying only hurts the people out in the field...Bad news travels quickly and thus they don't get any referrals.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Not exactly what you think by the job description

    Sales Representative (Former Employee)
    Denver, CO

    ProsAppointments set by Corporate. If you get a good manager, it can make all the difference. If you get a jackass that you don't mesh with, ask for a change immediately or get out, you won't get anywhere spinning your wheels with someone like that.

    ConsMore than half of the appointments are bogus or have no potential. There's A LOT of driving. Commissions are substantially less than the given examples. Not much chance to have that much profit in a deal which if there was, it would be accurate.

    Advice to Senior ManagementTone down your job description and commission calculation examples, they only set everyone up for disappointment and failure. Don't reward the call center for setting bogus appointments.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    My experience with Appstar has been fine.

    Sales Representative (Current Employee)

    ProsIndependent contractor, company books appointments, good coaching from management.

    ConsNot always very easy to make bonus, company offers no mileage benefits.

    Advice to Senior ManagementReconsider mileage benefits.

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    1 person found this helpful  

    Fair. They could do a lot more with residual compensation than they do. Difficult products to pitch.

    Field Representative (Current Employee)

    ProsWhen you can make a sale, the short-term compensation is decent. Independence is great. The money can be good if you hustle and develop your own leads beyond the appointments they give (which you should not rely on). Company support is pretty good, if you produce. An A+ rated company with the BBB, but lots of complaints registered. Better than most processing companies, which are crooked.

    ConsThe appointments they give you are usually lousy. Typical week you might have 12 appointments and maybe 3-4 are decent. Products are marked way up compared to the competition. Company is very slow to move with changing technology.

    Advice to Senior Managementget with the modern times! develop a decent residual program!

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    2 people found this helpful  

    Spinning your Wheels!

    Client Representative (Former Employee)
    Chicago, IL

    Pros- 2-3 leads per day provided by company
    - good income potential presented by HR
    - paid Rep for completed sales next day after installed.
    - no cost training (training completed by a group training call)
    - no charge-backs

    Cons- Bad Leads
    - Manager not always available to help close deals (on phone helping other Reps)
    - Target customers have been lied to by other companies prior to you trying to close them
    - Asked to sale at a high profit margin. I wasn't allowed to get the deal if I had a merchant on the fence!

    Advice to Senior ManagementMust improve leads! It was clear that some leads were not scrubbed properly. Felt like the call center got credit for booking a lead (Good or Bad). You cannot send a Rep to a location without first confirming the address! I had a number of these type leads. Also had a manager (Freudian slip) tell me that I had to work like hell to get 10 deals/month!!! What? I didn't sign up for 10 deals per month!

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at AppStar Financial reviews and ratings — including employee satisfaction and approval rating for AppStar Financial CEO Mark S. Leibowitz . All 9 reviews posted anonymously by AppStar Financial employees.