Innovative Funding Services Reviews | Glassdoor

Innovative Funding Services Reviews

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Found 17 reviews

4.0
StarStarStarStarStar
Rating TrendsRating Trends
77%
Recommend to a Friend
100%
Approve of CEO
Innovative Funding Services CEO Tim Janssen
Tim Janssen
11 Ratings
  1. "Great organization to work with and work for..."

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Innovative Funding Services full-time for more than 2 years

    Pros

    Employees & Integrity are the #1 priority, with customer satisfaction a VERY close second.

    Cons

    We need additional work on our technology to ease some of the administrative burden and processes.

    Advice to Management

    Continue to focus on the employees, and our engagement with management. Open dialogue and Town Halls are VERY helpful.

  2. "FA"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Finance Advisor in Cedar Park, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Innovative Funding Services full-time for more than 2 years

    Pros

    Relaxed work environment and easy job.

    Cons

    Poor management and a lot of instability year after year. Management makes poor decisions and disregards employees opinions and advise. Location is incredibly inconvenient when you consider low potential for income and amount of income instability.

    Advice to Management

    Care about your employees.

  3. "xxx"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend

    I worked at Innovative Funding Services full-time

    Pros

    At this time, I can't think of any

    Cons

    Very elementary and JV mentality.

  4. "Sr. Loan Officer"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - CEO in Greenbelt, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Innovative Funding Services full-time for more than 20 years

    Pros

    I started the company when I was 23 years old. I ran the company for almost 20 years and loved every aspect of it.

    Cons

    The market crashing and having all the employees lives as a responsibility.

    Advice to Management

    Sell all realestate holdings when wife suggests.

  5. "Final stop for my career search"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Innovative Funding Services full-time for more than 2 years

    Pros

    Relaxed environment, open-minded and fun coworkers, easy work, small business feel with big job growth, bonuses/incentives, holiday party, open space

    Cons

    It can take a long time for change to take effect, especially moving desks. Health insurance isn't great, especially the prescription plan.

    Advice to Management

    Set specific procedures instead of shooting from the hip

    Innovative Funding Services Response

    June 2, 2016Inbound Marketing Manager

    Thanks for taking the time to give us your feedback! We are glad you appreciate the casual atmosphere. We are currently working to nail down some new procedures that will only improve things as we try to keep up with the exciting growth we are experiencing as a company. Thanks for ...

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  6. "NA"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Commerce City, CO

    I have been working at Innovative Funding Services for more than a year

    Pros

    Income productivity confidence resect healthcare foot in the door

    Cons

    lower wages multiple jobs limited time off no future

    Advice to Management

    COMMUNICATION NEEDED

  7. "Great work environment"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Innovative Funding Services full-time for more than 2 years

    Pros

    Great work environment, very helpful to get you up to speed. Potential to make great income.

    Cons

    Company is changing/growing/ still working on the ins and outs of salary structures.

    Advice to Management

    More structure.

  8. Helpful (1)

    "Great place to work"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Finance Advisor in Austin, TX
    Recommends
    Positive Outlook

    I have been working at Innovative Funding Services full-time for more than 2 years

    Pros

    Innovative Funding Services (IFS) is a great place to work at to start off. People here are laid back, and ready to help one another at every turn. The management has worked to better themselves over the time that I have been with the company, and has created a culture of communication with all employees. Management works well together to create new opportunities for the employees, and for ways to keep everybody engaged...

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    Cons

    Even with the great people that work at IFS there are some definitive lines that are drawn between specific employees and departments. This is not the doing of management, but it is set in place by the employees. This can create an uncomfortable situation that is not beneficial to the actual way that the company operates.

    Advice to Management

    Keep doing what you are doing and grow the business. Even though things haven't panned out with some of the large business deals that have been in the works, there have been very big opportunities that have opened up in the interim. It is tough to place timelines when you are not in control of the timeline, but you are doing as good as possible with the information that you have been given.

  9. "Relaxed Environment, Upward Mobility, and Brooklyn Heights Pizza"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales Manager in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Innovative Funding Services full-time for more than 2 years

    Pros

    Growth, growth, growth. They're growing rapidly, and you can decent money. Yes, you will have to put in the hours, but the money is there. Commissions are okay, but all the money is in the bonus, which are attainable even for an average sales person who will put in the hours. The environment is really relaxed. You enjoy coming into work, and peers are not trying to step on you to get up the corporate ladder. They're...

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    Cons

    Slow processes. Relying on a few lenders, but it does takes time to build a good portfolio to get new lenders. They restructured the company and have some new sales managers, and everyone has a different style of managing.

    Advice to Management

    Metrics can only take you so far. You'd be surprised how far some encouragement and coaching will take your sales floor. Train your managers to work together and actually teach FA's to succeed. Address the floor whenever they see a dip in income so that they know you actually care. Focus on the money and partners you already have, rather then keeping everyone hoping and waiting for a big partner. Don't promote people...

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  10. Helpful (2)

    "Outstanding employer"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Finance Advisor in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Innovative Funding Services full-time

    Pros

    You can make a pretty good living. You obtain basic credit analyzation knowledge and financing measures and objectives. You learn to manage clients, satisfy their needs, and get paid on the back end. Companies go through cycles, as does the market. IFS is in the auto industry and it as well has constant changes. Welcome to how an economy works… The President and COO are very professional. They are a no (BS) kind of...

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    Cons

    The relaxed atmosphere the company emphasizes intensely can become a tad overwhelming (comical paradox). Dealing with customers that do not read disclosures…(my opinion only) It takes about a month to be getting paid decently. It comes with learning how to "stuff a pipeline".

    Advice to Management

    Try not to instigate excessive "pressure" on a single division of employees (improvements are occurring). This can make some employees feel less valued (i.e. affects performance). Consider the possibility of a college degree stipend.

Found 17 reviews