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Beacon Funding

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Beacon Funding

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Beacon Funding Reviews

Updated Mar 31, 2022

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Found 128 of over 133 reviews

4.5
89%
Recommend to a Friend
96%
Approve of CEO
Beacon Funding CEO Samuel Oliva
Samuel Oliva
101 Ratings

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Top Review Highlights by Sentiment

Pros
Cons
    There are no cons to display at this time.
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. 5.0
    Current Employee, more than 8 years

    Setting New Records

    Mar 31, 2022 - Team Leader 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Over the past few years, BFC continues to set numerous performance records. It is fun to work for a company that performs so well. As a manager at the company, I take pride in my team's contributions to this ongoing success.

    Cons

    None to share at this time.

    Continue reading
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  2. 5.0
    Current Employee

    Bfc

    Feb 8, 2022 - Associate Consultant in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Pay, coworkers, benefits, work remote eligibility.

    Cons

    Repo Clawbacks, reputation amount tow industry

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  3. 4.0
    Former Employee, more than 1 year

    Overall, Good Experience.

    Dec 6, 2021 - Inside Sales Representative in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good mentorship from top sales reps. Fun company outings. Hours are relatively lax, how much money you make depends on how much you want to work.

    Cons

    Training from management was not the best for a sales job.

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  4. 4.0
    Current Employee, more than 3 years

    Great Culture

    Dec 13, 2021 - Credit Analyst in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Very collaborative organization from top to bottom

    Cons

    Allow for more company events

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  5. 5.0
    Current Employee, more than 8 years

    Keep Up the Good Work

    Mar 25, 2021 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Beacon has done a very nice job navigating all the pandemic challenges over the past 12 months. They continue to take care of their clients and employees.

    Cons

    I don't have any cons to report at this time.

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  6. 2.0
    Former Employee, more than 1 year

    All seems well at first, then it is down hill on a double black diamond slope

    Mar 3, 2021 - Anonymous Employee in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Beacon Funding was a company I enjoyed working at for about 9 months. During this time, the leadership really did a good job pretending to listen to ideas, make you feel like you were contributing, and stroking your ego to make you feel like you were part of the "in" crowd. The Flex Time option was nice, you could use the time if you needed time-off or get is paid out at the end of the year, BUT there is a large warning with that as you will see in the Cons. The Office was nice, the break rooms were nice and usually there were plenty of snacks around to keep people happy. There were parties and outings that were fun. The other co-workers were all nice, but at least in the department I worked, there was always a fear in their eyes. You had access to the decent technical resources, and were able to do your job, but there also was a catch in this as you will see below. All in all for 9 months I felt like I was part of the team.. and then...

    Cons

    So then, after about 9 months, things changed. Once it became expected that you were not going to walk soon, the attitude and tone of the management changed. Rather that putting on the facade to make you feel comfortable, their true nature came out. The nature of I am the smartest person in the room, and nothing anyone else says matters. There are basically 4 people in management whose voices matter, the rest are just there to punch the keyboard or move a mouse, or make some phone calls, no advice or opinions, just be the monkey grinding the organ. And the punching the keyboard, moving the mouse, and making phone calls is literal, as there are monitoring tools watching every movement. That is how people are ranked, how many keys they push each hour, or how much their mouse moves. There are tools on PCs that screenshot EVERY time your screen changes, talk about taking a top of the line PC and making it perform like a budget PC. As mentioned in other true reviews on Glassdoor, the lack of trust is palpable. I left this company before the COVID crisis hit and offices were closed, I can only imagine the fear, and threats about working from home from management. The amount of tracking and spying that must have happened... Now lets talk about the reviews on here. I am sure this review will be buried by forcing their current brand new employees to write a positive and glowing review. That is the MO, every time a true review comes up, it seems to get buried fairly quickly by new or current employees writing glowing reviews that have a forced feel about them. Basically it comes down to one or two simple things, if you want to feel empowered, appreciated, and part of the team, enjoy the first 9 months. If you enjoy feeling like a child, being watched 24-7, being put down, talked to like a child, and being told how you should appreciate working there, then you will enjoy your next year.

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    6 people found this review helpful
  7. 5.0
    Current Employee

    Great Place to Work

    Apr 14, 2021 - Senior Finance Associate in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great CEO and President, Good environment and benefits,

    Cons

    Tough market but if you work hard it really pays off

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  8. 3.0
    Current Employee

    salary

    May 10, 2021 - Senior Financing Consultant in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    good money, good people, ok benefits

    Cons

    career structure is not the best. you have to really grind to get up.

    1 person found this review helpful
  9. 2.0
    Former Employee, more than 1 year

    Work harder not smarter

    Oct 11, 2020 - Outside Sales Representative 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good entry level job for new sales reps

    Cons

    Management only focuses on who works the hardest not who produces. There are plenty of reps who just dial all day and rarely make any sales. A sales rep could make far more sales than most reps and still get slack because your “active” hours are low. This is what happens when an accountant runs a company and lacks information about sales. Working harder is far more valuable than working smarter at Beacon.

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    5 people found this review helpful
  10. 3.0
    Former Employee

    Great

    Feb 14, 2021 - Finance Associate in Portsmouth, NH
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good team atmosphere and you can make money

    Cons

    high rates to sell to low credit customers

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Viewing 1 - 10 of 128 Reviews

Beacon Funding Reviews FAQs

Beacon Funding has an overall rating of 4.5 out of 5, based on over 133 reviews left anonymously by employees. 89% of employees would recommend working at Beacon Funding to a friend and 84% have a positive outlook for the business. This rating has been stable over the past 12 months.

According to anonymously submitted Glassdoor reviews, Beacon Funding employees rate their compensation and benefits as 4.4 out of 5. Find out more about salaries and benefits at Beacon Funding. This rating has improved by 1% over the last 12 months.

89% of Beacon Funding employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Beacon Funding 4.4 out of 5 for work life balance, 4.6 for culture and values and 4.5 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at Beacon Funding to be culture, management, career development and the cons to be senior leadership, benefits.

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