TCF Inventory Finance

  www.tcfif.com
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TCF Inventory Finance Reviews

Updated Jun 17, 2014

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All Employees Current Employees Only

3.0 7 reviews

50% Approve of the CEO

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Ross Perrelli

(2 ratings)

40% of employees recommend this company to a friend
7 Employee Reviews
Relevance Date Rating
in

     

    No longer open in Georgia.

    Anonymous Employee (Former Employee)

    ProsGood vacation and good benefits

    ConsJob just wasn't for me.

    Advice to Senior ManagementNo longer open in Georgia.

     

    Lackadaisical Management & Rampant Nepotism

    Anonymous Employee (Former Employee)

    ProsJeans every day
    Most colleagues were friendly
    Nice building
    Keurig machine in the break area

    ConsNepotism - If you aren't a relative, you are 2nd class.
    Behind the Times With Technology - No established IT processes. PMO exists in name only. Not prepared for SOX audits. They write their documentation for the audit rather than to accomplish project goals. To book a conference room, you have to go to an empty cubicle and write your meeting day and time on a calendar.

    Advice to Senior ManagementYour IT managers are really clueless.
    Go into the ladies room every day at 10 or so... one of the employees takes a nap. (but it's ok - nepotism)
    Tell your employee not to wear a totenkopf pin in front of the Jewish contractor. That was really rude and not good for team building.

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    • Disapproves of CEO

     

    I was laid off, but the President just hired another relative.

    Collateral & Service Inspector (Current Employee) Chicago, IL

    ProsSteady income
    Company car
    Corporate credit card
    Working independently
    Some benefits

    ConsToo much nepotism
    Health insurance premiums have gone up each year, while coverages have decreased
    Minimal room for growth
    Minimal raises

    Advice to Senior ManagementGet a grip on your managers. Most of them don't have a clue on how to manage, but have the positions they have because of someone they know. There is too much nepotism & favoritism. If you are going to lay people off, then don't hire your family.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great overall experience, great corporate culture

    Anonymous Employee (Former Employee)

    ProsJeans everyday, great coworkers, annual bonuses

    ConsLow amount of holidays off

    Advice to Senior ManagementKeep doing what your doing

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    So-So

    Credit Analyst (Former Employee) Schaumburg, IL

    ProsGood work life balance, nice office with gym and food offerings located in the building, monthly all employee meetings are a good way to get an idea of what the Company's goals are, and what the financials of the firm are, middle level managers are very solid

    ConsThe atmosphere is pretty boring, high cube walls so you can't really converse with your co-workers, not sure what the upward mobility was

    Advice to Senior ManagementThink about ways to make the workplace fun, and to reward employees for good performance

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    I am overall satisfied with TCF Inventory Finance.

    Anonymous Employee (Current Employee) Minneapolis, MN

    ProsTCF Inventory Finance does a great job informing employees and keeping them in the mix of what's going on within the company. Senior management is very friendly and knowledgable which creates an enjoyable, professional atmosphere -- Their doors are always open for questions, which is very accommodating.

    ConsAlthough TCF Inventory Finance is continually growing, the room for career advancement is slim. Applying to internal positions is encouraged, but positions are limited.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Management doesn't know what they are doing.

    Collateral & Services Inspector (Current Employee)

    ProsIndependence. Not having to report to an office each day & working individually in the field without someone to bother you.

    ConsPolicies are very inept. Most of the people in Upper Management are ex-GE employees so they only hire people they know. There is very little offered in growth or promotions. The Territory Managers have NO management training & do not know how to properly manage people. Everyone below management including office staff are treated very poorly. The company bought out several portfolios from Textron Financial, but did not bring over the creative & smart managers that were in place at Textron. The benefits are under-par compared to Textron & other financial firms.

    Advice to Senior ManagementRe-evaluate your practices. Just because you worked with someone at GE, doesn't mean they are qualified. You also need to step up the benefits compared to the benefits that are offered at GE & Textron Financial.

    No, I would not recommend this company to a friend

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