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World Business Lenders Reviews

Updated November 20, 2017
91 reviews

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2.9
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Doug Naidus
68 Ratings

91 Employee Reviews

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Pros
  • Nice office location with few very hardworking people (in 7 reviews)

  • If you have any emergencies, or prior obligations as long as you communicate to your management team they are more then willing to accommodate you (in 7 reviews)

Cons
  • Salespeople are provided with little to no support in generating leads (in 4 reviews)

  • Basically no benefit with relative low salary (in 4 reviews)

More Pros and Cons

  1. "Financial analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at World Business Lenders full-time

    Pros

    Nice office location and great ocean view

    Cons

    Turnover rate is very high for key department


  2. "Great Place to work"

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

    I worked at World Business Lenders full-time

    Pros

    Great Staff
    Small environment
    Good pay

    Cons

    Same old management stuff but they fix it quick

    Advice to Management

    Keep it up

  3. Helpful (2)

    "RUN! Pariahs of the industry"

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

    I worked at World Business Lenders (More than a year)

    Pros

    A nice view to Times Square

    Cons

    High deceit among its people and lack of trust/integrity with their clients. After working hard to get an advance for a shipping company---poor guy needed to fix a transmission on one of three large trucks he owned---they changed their approval. After working hard to get a loan approved I did...then WBL told me I need to get an additional piece of property put up...the truck he was trying to fix. I said if we so much as say as much as one word different than his original offer we lose *all credibility*. I called the owner of the trucking company, told him what you've read, said to get a loan with family, and to avoid this company. I resigned later that day. My integrity is far more than theirs and I need to be able to sleep at night.

    Horrible money and you get into a debt with them for future commissions so you never really make money

    Advice to Management

    Be honest and people wouldn't apply so perhaps LIE about yourself better.


  4. Helpful (1)

    "Promise of Training Not Fullfilled"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Coordinator in Jersey City, NJ
    Former Employee - Financial Coordinator in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at World Business Lenders full-time (Less than a year)

    Pros

    Amazing energy, free coffee, vibe on the sales floor was magic.

    Cons

    I found it difficult to grow in the company because nobody was willing to teach. The employees want to keep all the good information and opportunities to themselves. Inept leadership skills in some teams.

    Advice to Management

    Have more hands on training.
    Host more training seminars.
    Commit to employment promises


  5. Helpful (2)

    "Loan Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at World Business Lenders full-time (Less than a year)

    Pros

    Nice office to look at NYC.

    Cons

    The office is nice the managers suck.

    Advice to Management

    Treat people with respect and you might stay in business.


  6. "Business Development"

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

    I worked at World Business Lenders full-time

    Pros

    Great people with great vision.

    Cons

    Salary is not competitive with market.

    Advice to Management

    Consider investing in employees who are committed


  7. "Growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Call Center Agent in Los Angeles, CA
    Former Employee - Call Center Agent in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at World Business Lenders full-time (Less than a year)

    Pros

    good management strong team

    Cons

    leads need more new ones

    Advice to Management

    keep on innovating

  8. "Positive"

    StarStarStarStarStar
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY

    Pros

    Good learning experience . Nice people. Good location. I have no complaints. A lot of people complain about the salaries but if you are an asset you get compensated as such

    Cons

    I don't know what I consider a con because most of my experience he is positive. Maybe I'm just lucky.


  9. "Sales Manager"

    StarStarStarStarStar
    Current Employee - Sales Manager in Newington, CT
    Current Employee - Sales Manager in Newington, CT

    I have been working at World Business Lenders full-time (More than a year)

    Pros

    Equity based Company Strong Portfolio

    Cons

    Industry Shifting in a negative direction


  10. Helpful (1)

    "Financial Coordinator"

    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 World Business Lenders full-time

    Pros

    Amazing CRM system and resources

    Cons

    cooporate trainning camp from hell

    Advice to Management

    get off your high horses


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