Forward Financing reviews

4.8

96% would recommend to a friend

(288 total reviews)
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Jason Mullins

99% approve of CEO

97% positive business outlook

Forward Financing has an employee rating of 4.8 out of 5 stars, based on 288 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Forward Financing employee rating is 33% above average for employers within the Financial Services industry (3.6 stars).

Reviews by job title

288 reviews
5.0
Nov 15, 2016
Recommend
CEO approval
Business Outlook

Pros

You're not just a number here, everyone has a voice Still a smaller company so the room to grow is huge. Friendly environment and workspace. Challenging work Red Sox & Celtics tickets! Competitive salary + bonus Big into team work, everyone is extremely helpful. Every Friday an excellent lunch is catered. Accommodating managers who really listen. Monthly team building events Don't buy the other low reviews on here, they are misleading and untrue. The company had to make a tough business decision over the summer and a lot of people were unfortunately let go from the sales side of operations. I would never work at a company described in those negative reviews. I was worried before I started because of what I read, but I can assure you it's just the opposite and this is an awesome place to work.

Cons

The only con I see is the office space is a little divided. Large offices on the 2nd & 4th floor. It would be nice to have everyone mesh more throughout the day in a more collaborative environment. This doesn't prevent communication but maybe one bigger office in the future.

4.0
Nov 15, 2016

Help Drive the Process

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Centrally located office in Downtown Boston. Co-Workers are great people who mostly work together as a team with common goals and motivation. Opportunities to put your mark on the business pop up everywhere, from marketing projects to updates to the process - every employee has the ability to help progress the company in some way. Easy to see where you fit and how your ideas and actions can directly drive progress.

Cons

Sometimes can be hard to achieve a work/life balance - but that's what you sign up for.

1.0
Oct 10, 2016
Recommend
CEO approval
Business Outlook

Pros

Office Location, lunches on Friday, quarterly events, company-sponsored sports/jerseys, expanding industry type, fast-paced,

Cons

A seemingly 5 star place to work throughout the interview process, with a shiny business model that is packaged to seem too good to be true as a solution for small business owners looking for working capital with an enticing startup vibe. So wrong. Once you are hired, you undergo two weeks of training which is essentially intelligible to a kindergarten finger painting class. My original team was wonderful with lots of 'A' players from great schools and backgrounds only to be reduced to numbers and deals on the white board in the office. Most of my peers were overqualified for their positions and worked below under-qualified 'D' managers that had no real concepts of the product or the client. Underwriters and upper level managers are the real false prophets of the company, it is a shame that they reduced the company to its bare bones and kept these people. Outlook is not good. Not to mention, a word of the wise to the client, DO NOT do business with this company unless you plan to go into the red. Any smart business owner would see a warning flag with this company charging upwards of 40% over a one year period. This company assures that it is trying to help you grow your business, however assuming they have any fiduciary responsibility could mean your business going underwater. For working capital loans, turn to OnDeck, Lending Tree, Circle, etc, they are the real MVP's. Sooner than they realize, banking regulations will expand into this industry and start stress testing, iit is not going to be a pretty picture and everyone will be better off because of it.

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Forward Financing Response
9y
I am very sorry to hear that you had a bad experience at Forward Financing. As CEO, I take personal responsibility for every colleague’s job satisfaction and I apologize if you were not happy with your experience at the company. We started our company in 2012 with the goal of helping small business owners get financing to grow their businesses. Since then we have done over $100 million in financing and are extremely proud of our achievements. We find nothing more rewarding than customers thanking us for getting them funds to finance payroll, inventory, expansion etc., even after their local banks have rejected them. You can see our customer satisfaction in the 100+ 5-star reviews on TrustPilot, an independent, third-party review site. In addition, we have consistently maintained an A+ rating with the Better Business Bureau (BBB). Our customers’ high satisfaction ratings notwithstanding, we are committed to offering our employees a rewarding work environment with growth opportunities, consistent learning and challenges – all while enjoying the company of bright, motivated and ambitious colleagues. We are extremely proud of the A team we have assembled across all functions. We are a fast-growing company and while growing, we did make some mistakes. As a result we had to let go of some of our colleagues earlier this year for no fault of theirs. As someone who hired each one of them, it was incredibly painful for me and a bitter, yet important learning experience. Clearly your experience at Forward Financing was less than optimal. I do wish you had brought this to my attention so that I could have tried to make it better. As you know, we have an “open-door” policy, there are no offices for management and we try our hardest to have an open dialogue. Still, I want to thank you for your time here and wish you the best in your career. Justin Bakes
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Glassdoor has 294 Forward Financing reviews submitted anonymously by Forward Financing employees. Read employee reviews and ratings on Glassdoor to decide if Forward Financing is right for you.