2.0
Jun 15, 2022
Former employee, more than 3 years
New York, NY
Recommend
CEO approval
Business Outlook
Pros
Liked the 2 owners in NYC (of BFS formerly Entrust- we were bought by BFS) central location. Originally high loan approvals
Cons
Manager was a jerk and gave leads to his pet. He since left the company. Many of the employees left to start their own ISO, underwriting got much tougher due to industry losses (very risky loans) so approvals both amounts and rates got worse. As an industry it got dirtier and dirtier as the only way to make money was offering multiple positions which put the merchant at huge risk.