World Business Lenders Reviews

Updated December 17, 2014
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3.0
38 Reviews
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Doug Naidus
32 Ratings

Employee Reviews

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  1. Credit Analyst

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Business Lenders full-time (less than a year)

    Pros

    Professional top management team, growing business

    Cons

    Does not provide benefits except health care

    Approves of CEO
  2. Extensive experience in the lending community. Ability to adjust to any moves or changes in any industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Executive in New York, NY
    Former Employee - Account Executive in New York, NY

    I worked at World Business Lenders full-time (less than a year)

    Pros

    Athletic mindset. Footwear junkie. Excellent people skills. Excellent communicator on all levels. Easy to direct and not manage my work efforts. Maintain excellent CRM data files and performance records. Quick learner for any/new endeavors.

    Cons

    Currently unsure of compensation or required time; however, am financially secure and free of family burdens/responsibilities. Expect peers and others within an organization to have the same passion and desire for excellence.

    Advice to ManagementAdvice

    Make me dangerous!..educate me quickly and you will realize great success as a result of my hire. I am free of encumbrances and seek challenges every day of my life.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful

    cREDIT aNALYST

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Business Lenders full-time

    Pros

    Good for beginners. Learning curve is great

    Cons

    Low pay and chance for raise

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. It's Ok

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Business Lenders full-time

    Pros

    Free Coffee
    Nice Co-Workers
    Nice office Space

    Cons

    No good quality leads
    constant changes
    can be stressful

    Advice to ManagementAdvice

    Better quality leads and pay staff more to motivate employees to think creatively to secure loans

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. Loan underwriter - credit analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Business Lenders full-time (less than a year)

    Pros

    No experience needed to get a job, but they do prefer MBA students. Good place to build your resume a bit and to learn about banking/lending industry

    Cons

    MBAs make $37k...they are very easy to give titles but no raise. Company is s very young and they are still trying to figure out how to make their process efficient.

    Advice to ManagementAdvice

    Allow Over time

    Recommends
    Positive Outlook
    Approves of CEO
  7. 2 people found this helpful

    WORST COMPANY WITH TERRIBLE MANAGEMENT AND NO BUSINESS ETHIC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance Specialist
    Current Employee - Finance Specialist

    I have been working at World Business Lenders full-time (less than a year)

    Pros

    There are no Pros in regards to working for WORLD BUSINESS LENDERS

    Cons

    Personal growth in the Syosset location is a lie. The main manager will make sure he puts you down on a daily basis to keep you at an all time low.
    They charge merchants fees beyond belief and lie about syndicating their deals.
    Their marketing is garbage and you are better off calling phone numbers out of a phone book.
    The pay is 325 a week (at least 30% below industry standard)
    If you want to come to work to be put down and under paid this is the job for you.

    P.S. I am not a low level sales person. I am a producer! this is just a terrible opportunity.

    Advice to ManagementAdvice

    Get New Management

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. BAD

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Business Lenders full-time

    Pros

    You can learn some about finance and lending with this company.

    Cons

    Everything else is horrible. Upper management does not care about their employees.

    Doesn't Recommend
    Disapproves of CEO
  9. Only limitation is the effort that you put in

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance Analyst in New York, NY
    Current Employee - Finance Analyst in New York, NY

    I have been working at World Business Lenders full-time (more than a year)

    Pros

    Growth is unbelievable, number of employees has gone up 400% in 18 months. Hard working group that love to challenge each other. Access to Managing Directors and CEO with decades of experience within the financial services space. The biggest pro about working here is the people you get to interact with, from the sales people to the CEO it is a diverse group with a lot to offer.

    Cons

    While WBL does offer health insurance, it is very expensive for most employees to participate it can run up to $600 a month for a family to be enrolled in the health plan.

    No 401k

    The promotion process is only done once a year.

    Advice to ManagementAdvice

    While we have the health insurance in place it would be nice if we could work toward lowering the cost on this plan. Additionally we should add a 401k so employees can start saving for their retirement.

    Otherwise things are going well. Keep doing what you are doing.

    Recommends
    Positive Outlook
    Approves of CEO
  10. Valuation Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Business Lenders full-time (more than a year)

    Pros

    As a growing company, there are many opportunities! A lot to learn from the senior management! Open to new ideas! The best work environment with young, smart and educated people! The company does sponsor qualified International students who have a degree from the States.

    Cons

    Basic challenges which you can face in a start up company. No 401K. There are changes in process and departments almost every month.

    Recommends
    Positive Outlook
    Approves of CEO
  11. Credit Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at World Business Lenders

    Pros

    Nice office location with few very hardworking people

    No training at all for a position, your just thrown in the working environment

    Cons

    Mostly foreign employees being exploited for visa

    Very long work hours and no respect to work/ life balance

    Incompetent middle management gets promoted to different roles even though they're not successful

    Tough work environment because of pressure from middle and upper management

    Advice to ManagementAdvice

    Respect your employees more because they're the ones doing the work

    Pay more

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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