Swift Capital Reviews | Glassdoor

Swift Capital Reviews

Updated August 24, 2017
50 reviews

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3.8
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Ed Harycki
34 Ratings

50 Employee Reviews

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Pros
  • Amazing People, free lunch almost everyday, assistance in every way possible if one struggles with something (in 9 reviews)

  • Casual (jeans) dress code, free snacks & coffee, recurring town halls with lunch (in 4 reviews)

Cons
  • You don't have to work, but you'd better be sitting there until at least 6:00 to get recognized since no one knows what you are doing (in 3 reviews)

  • Communication of policy changes should also be done more effectively from the top down (in 3 reviews)

More Pros and Cons

  1. Featured Review

    "Great Culture, Apart of Something Special"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Conshohocken, PA
    Current Employee - Sales in Conshohocken, PA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Swift Capital full-time (Less than a year)

    Pros

    Great incentives to do well
    Everyone is willing to help in Sales even though you may be competing with each other because they want to see their entire team succeed
    Work hard play hard mentality

    Cons

    Not much to say here, who doesn't like free lunch everyone Friday along with company happy hours and events. Sometimes you may not get paid commission and have to live on a small salary for that month

    Advice to Management

    Doing great with making employees happy and feeling like they are apart of something special and unique compared to other companies. Maybe have some training on how to handle certain situations that come up with customers on the phone. Can't have too many months where employees aren't getting paid commission if goals are too high. You could work your butt off and not get any additional money for it, so you have to rely on your low salary.


  2. "Senior underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Swift Capital full-time

    Pros

    Very generous company
    Free lunches and office happy hours
    Competitive compensation and bonuses

    Cons

    Frequent rules and policy changes
    Have to put up with pushy salesmen

    Advice to Management

    Be more transparent about company goals and the reasoning behind frequent rule changes.

  3. "Not the best"

    StarStarStarStarStar
    Current Employee - Underwriter
    Current Employee - Underwriter
    Doesn't Recommend
    Approves of CEO

    I have been working at Swift Capital full-time

    Pros

    Friendly and sincere people, happy hour and free lunches, relaxed atmosphere.

    Cons

    Management is an absolute disgrace. Team leads have no clue how to update their team about policy changes,;management is very unorganized as well. You will walk in one morning and suddenly team policies change abruptly; nothing mentioned prior to changes. Also communication between Underwriters and sales is uncoordinated; seems like theres a ton of confusion when an unexpected problem arises. Sales people also pressure you on the spot when a deal goes wrong.

    Advice to Management

    Organize management more efficiently; identify weaknesses and strengths within each team (not only underwriting) so the communication process is more fluent. Make sure other teams are well aware of Underwriting, customer service/funding, and sales changes. Have other teams cross train each other and get to know each departments process well. Every 6 months, train the underwriters, customer service, and sales on new product lines and have cross training on each department so theres no confusion.


  4. Helpful (1)

    "Underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Swift Capital full-time (More than a year)

    Pros

    Good work life balance, casual dress code, very open work space (no cubicles).

    Cons

    Company has shifted their focus from quality to quantity in the last 12 months. All they seem to care about is hitting numbers. They have lifted a lot of rules they originally put in place to set us apart from all the other loan shark companies out there. Overall happiness of employees has drastically gone down. They only give out raises to management no matter how hard you work. Their are some managers within the company that treat their teams like complete garbage and they refuse to do anything about it. They ask to take on new job responsibilities without compensating you for it. Very heavy emphasis on "hitting numbers for investors" yet they don't tell us why. The industry is really starting to crack down on regulations as well. Honestly I think the end goal is to eventually sell the company so job security here could be questionable.

    Advice to Management

    Compensate your employees for all their hard work and stop hiring tyrant-like managers that are causing half of your staff to leave


  5. Helpful (2)

    "N/A"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I have been working at Swift Capital full-time

    Pros

    Fun company. Decent atmosphere. Employees are fun and positive. Good happy hours and fun team outings.

    Cons

    Rapidly losing culture and what was promised by management. This is causing employees to become disenfranchised. Rules are impossible to keep straight as they change daily.

    Advice to Management

    Go back to what made this successful. Not what it's becoming.


  6. Helpful (1)

    "Meh."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Swift Capital full-time

    Pros

    Plenty of opportunity to learn new technologies to implement solutions. People were pleasant enough around the office. Autonomy was a thing, too.

    Cons

    Technology was an afterthought and not given high priority. The business model itself feels sketchy and underhanded.


  7. Helpful (1)

    "Awesome place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter in Wilmington, DE
    Former Employee - Underwriter in Wilmington, DE
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Swift Capital full-time

    Pros

    -management is very accessible
    -promotions are based on merit NOT seniority
    -opportunities for OT & incentives
    -relaxed, fun atmosphere
    -great people and culture

    Cons

    -volume of work can ebb and flow at times.
    -policies and rules change frequently

    Advice to Management

    Swift is a great place to work. As someone who came there right out of college, I felt like a learned a great deal and was trusted with much responsibility in a short time. I was given the tools and support to succeed. Keep it up!

  8. "Credit Analyst"

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

    I have been working at Swift Capital full-time

    Pros

    they great to work for

    Cons

    nothing is wrong wih them

    Advice to Management

    keep it up


  9. Helpful (1)

    "Business Funding Expert"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Funding Expert in Wilmington, DE
    Former Employee - Business Funding Expert in Wilmington, DE
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Swift Capital full-time (More than 5 years)

    Pros

    generally very good company....comfortable work environment...lots of good perks...good benefits...

    Cons

    top management is aloof and disconnected especially in sales

    Advice to Management

    coach more and manage by metrics less


  10. "Wonderful"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriter in Wilmington, DE
    Current Employee - Underwriter in Wilmington, DE
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Swift Capital full-time (Less than a year)

    Pros

    - Happy hour, catered lunches, company trips
    - Relaxed office environment to make up for the sometimes stressful work
    - Everyone is friendly, most employees are very young
    - Ability to continuously gain responsibility
    - Overtime and monthly incentive
    - Ability to expand financial knowledge

    Cons

    - Constantly changing policies and not everyone is updated right away
    - Employees divided into teams with their own lead, which sometimes causes miscommunication
    - Difficult to get a raise

    Advice to Management

    Raises commensurate with added responsibility would be great.


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