Visio Lending reviews

3.5

56% would recommend to a friend

(36 total reviews)

Jenny Coupland

100% approve of CEO

51% positive business outlook

Visio Lending has an employee rating of 3.5 out of 5 stars, based on 36 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Visio Lending employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

36 reviews
5.0
Sep 18, 2018

Great company with ample opportunities for growth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great culture and office environment, 401k match, good benefits, good work life balance, casual dress, fantastic management. CEO knows and is invested in everyone in the company.

Cons

No annual bonuses or incentive programs for employees outside of sales.

avatar
Visio Lending Response
7y
Thank you for taking the time to leave us a review. We appreciate your feedback as we continuously strive to create a well balanced and positive work environment for all, which includes researching additional total compensation products we may be able to offer over time as we continue to grow. We appreciate your hard work!
1.0
Feb 28, 2018

Buyer beware

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are no positives to working for this company.

Cons

Everything you are told about the company is misleading. They will tell you they provide you with warm leads, and that you will never cold call. However, that's as unrealistic to say as it is to believe. Trust your gut and know this cannot be true. The cold truth is you will be calling a list of clients that have been called for years by every new hire since they started lending to investors in 2006. Although this is an obstacle that can be easily overcome by a seasoned sales person, I think it sets the pace for how poorly this company performs for its employees. The most frustrating thing about working for this company is knowing it could be great, but the management is not interested in making improvements. There is no leadership. Expectations are monitored through micromanaging. The guidance is extremely limited, even when you scream for help or change. I was frustrated by the lack of leads and discovered the abundance of new customers actively seeking the product that exist in the system and flow in daily. However, marketing and lead distribution is very poorly managed and no effort is spent on improving it. So, I cherry picked the database until they created a rule preventing it. The management is so focused on achieving their goals they have blinders on to the obstacles that exist and prevent their company from the obvious changes they could make to improve anything. To be clear, as an employee you will never feel valued. Your voice will never be heard. You will be tied to a phone and micromanaged into the ground. You will struggle to get paid even when you are successful. You will face more obstacles from within the company than you will from the investor you are qualifying. Even if it's a temporary position you accept only to attain stable income, beware. You are signing up for the most frustrating and miserable place you could ever work. That is difficult for me to say, but experience proved it to be true. Everything is limited. Your time on the phone is rigidly monitored over your performance. Your benefits are terrible. The training is ineffective at best. You will never be supported. The turnover is atrocious. The management has no interest in your success. All the recourses are dedicated to the existing top performers, and will never be used to help you. Basically, if you are thinking about turning them down for a position you were offered, you should be running away. Don't waste your time unless you are a glutten for punishment.

avatar
Visio Lending Response
7y
Thank you for taking the time to leave us a review. We appreciate your feedback as we continuously strive to create a well balanced and positive work environment for all. We've made some impactful changes since February of 2018 and hope to continue to do so.
3.0
Jun 12, 2017

Decent place to work but company needs a better strategic vision

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

401k matching, good health benefits, free snacks, friendly co-workers, casual dress code, pleasant work environment. It felt like the company had a strong purpose and product. Pay was in-line with my expectations and the role. I really enjoyed most of my co-workers on a personal level. There are some very smart, down-to-earth people at Visio.

Cons

Not much direction, organization, research, or foresight from executives/top-level managers. Products would be rolled out quickly and then die within 3 months because they weren't profitable. There was no grasp of ROI, and thus investments were managed inefficiently. The product is not sustainable long-term. They have a first-to-market advantage but don't know how to capitalize on their educated workforce. Pay rates for sales agents are constantly changing, destroying morale. The current office space is disgusting. Crickets fall from the ceiling and the carpets are stained and filthy. Too many people have been promoted into management/executive positions due to tenure rather than actual qualifications. No clear paths for career growth. It's very much a start-up environment, working to make it through the next week, and the next...you'd better hustle. The culture changed significantly over the past year. This used to be a fun place to work. They used to lock the doors up before 6pm and tell everyone to go home to enjoy their personal lives, and this was a HUGE part of the culture. As margins and deadlines piled up, I saw both low-level employees and managers staying far past normal hours and even starting to work on weekends, with almost no thanks from anyone, while at the same time, work-sponsored happy hours began to fade away in frequency.

avatar
Visio Lending Response
7y
Thank you for taking the time to leave us a review. We appreciate your feedback as we continuously strive to create a well balanced and positive work environment for all. We've made some impactful changes since June of 2017 and hope to continue to do so.
Viewing 34 - 36 of 36 Reviews

Glassdoor has 37 Visio Lending reviews submitted anonymously by Visio Lending employees. Read employee reviews and ratings on Glassdoor to decide if Visio Lending is right for you.