Newtek Business Services Reviews | Glassdoor

Newtek Business Services Reviews

Updated April 3, 2017
48 reviews

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Full-time Part-time

2.5
Star Star Star Star Star
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Newtek Business Services Chairman, CEO, and Secretary Barry Sloane
Barry Sloane
33 Ratings

48 Employee Reviews

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  1. "A Good Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Credit in Lake Success, NY
    Current Employee - Vice President Credit in Lake Success, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Newtek Business Services full-time (Less than a year)

    Pros

    Very fair, if you work hard you are recognized. Good atmosphere with good people to work with

    Cons

    None to mention at this time.

    Advice to Management

    Keep it up. Great Place to Work


  2. Helpful (2)

    "Shady and lack of accountability."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Insurance Services in Garland, TX
    Former Employee - Vice President Insurance Services in Garland, TX
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Newtek Business Services full-time (Less than a year)

    Pros

    Just the title of VP Insurace Services but treated like a do not be a VP and correct absolute blatant negligence.

    Cons

    Finding out routine quotes to present to my clients would come back up to two weeks after customers request. Competition within 1 day even large accounts. Ridiculous. Brownsville location staffed with non performers with vengeance even at the expense of customers.

    Advice to Management

    Be ethically sound number one. Number two stop filling leadership with family and unclear employees.


  3. Helpful (1)

    "A Job not a Career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Newtek Business Services full-time

    Pros

    A paycheck and decent benefits

    Cons

    Don't expect training, existing policies and procedures or meaningful interaction with management.

    Advice to Management

    If they cared, they would have scheduled an exit interview.


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  5. Helpful (1)

    "VP Sales"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Regional Vice President in New York, NY
    Former Employee - Regional Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Newtek Business Services full-time (More than 3 years)

    Pros

    Great business services offering and great employees. #1 Non-bank lender SBA loans and a variety of options for SMB market and referral partners.

    Cons

    Execs sometimes move to quickly on new products and that can be very difficult for customers and maintaining good service. Focus Focus Focus on current services to be great vs having a large suite of different C- products.

    Advice to Management

    Slow down and perfect processes and services before rushing to a new offering. Build strong relationships with existing partners and clients.


  6. Helpful (3)

    "Customer Service Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in West Allis, WI
    Former Employee - Manager in West Allis, WI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Newtek Business Services full-time (More than 10 years)

    Pros

    Newtek in Milwaukee, WI was a good place to work at. I will say that back then the president that was running the division of Electronic Payment new how to threat his employee. That was then !

    Cons

    The CEO for this company BS doesn't care for any of employee's, he just let go a total 6-7 employees. some of this employee's that were let go were there for 5 plus years and some of them 10+ and they just gave them 1 week of severance , What a Joke and he his a Joke as well.

    Advice to Management

    Barry Sloane any advice that anyone will give you you wont care anyway, that is why The EPP division saw at least 7 presidents of that division leave the company or you fired them. What a Joke !


  7. "Great place to be!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lake Success, NY
    Current Employee - Anonymous Employee in Lake Success, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Newtek Business Services (More than a year)

    Pros

    Growth Potential, excellent leadership, and flexibility to move around within the many companies of Newtek.

    Cons

    None to note at this time.

    Advice to Management

    Continue to focus on training and performance management to ensure Newtek's continued success.


  8. "An amazing company which values hard work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President, Sales & Marketing Administration in Lake Success, NY
    Current Employee - Vice President, Sales & Marketing Administration in Lake Success, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Newtek Business Services full-time (More than a year)

    Pros

    CEO
    Management
    Employees
    Office space is beautiful
    Newtek's products and services
    Ability to improve and gain a better position based on worth ethic and diligence.
    The CEO and management truly value hard work and I love that I work at a company that bases performance on perseverance.

    Cons

    No cons, great company built with great employees and a caring management.

    Advice to Management

    Keep doing what you are doing!


  9. Helpful (2)

    "WHAT A DUMP!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Lake Success, NY
    Former Employee - Vice President in Lake Success, NY
    Neutral Outlook
    Disapproves of CEO

    I worked at Newtek Business Services full-time (More than a year)

    Pros

    NONE, unless you are related to the CEO or just willing to suck up all the time. If you have ethics and integrity and they offer you a position there, run as fast as you can, away from them. They will use you for a short time, and then unceremoniously dump you. They generally cannot afford the higher salaries and if they bring you in, forget ever getting a raise there.

    Cons

    Small-minded, gossipy environment with even the Management actively participating in it. If you get promoted, you will still be doing the exact same job you started with and no growth potential at all. Even the management of the many companies have no say in their business, it is all micromanaged by the CEO ( with the big ego)

    Advice to Management

    None, they don't want to hear it!


  10. Helpful (1)

    "Legal"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lake Success, NY
    Current Employee - Anonymous Employee in Lake Success, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great people to work with. Great manager. You learn a lot.

    Cons

    Pay could definitely be better.


  11. "IMPLEMENTATION SPECIALIST"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Implementation Specialist in West Allis, WI
    Current Employee - Implementation Specialist in West Allis, WI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Newtek Business Services full-time (More than 10 years)

    Pros

    The people, the team work, the relationships

    Cons

    unorganized company, over the last 10 years



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