48 Factoring Reviews

3.5

56% would recommend to a friend

(29 total reviews)
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Robert S Goggin

Not enough data to show CEO approval

64% positive business outlook

48 Factoring has an employee rating of 3.5 out of 5 stars, based on 29 company reviews on Glassdoor which indicates that most employees have a good working experience there. The 48 Factoring employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

29 reviews
1.0
6 Apr 2015
Recommend
CEO approval
Business outlook

Pros

Next week pay...that's about it

Cons

The leads they provide are utterly worthless. You cold call all day to the same leads that previous sales reps beat to death. The reviews for this company are obviously false. Worst position ever...run fast as you can!!!!

1.0
22 July 2015
Recommend
CEO approval
Business outlook

Pros

I was an independent contractor at 48 Factoring

Cons

Before I did the trial day I read some of the negative comments here on Glassdoor and I assumed they were written by bitter people who just didn't get the job...However, after actually going through the trial day I can share their frustrations. I did all that the company asked to be selected and began my trial day on time. I made more than 150 calls for them that day and worked well into the afternoon. No one ever spoke to me or gave me any feedback. I honestly studied their materials but they were very lacking in guidance for how to perform well on my trial day. I had to call them and ask if they were even listening! The process definitely made me feel far worse than other jobs. I know I am not the best at everything I do but THIS COMPANY MADE ME FEEL LIKE A NUMBER, NOT A PERSON.

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48 Factoring Response
10y
Thank you for the feedback and bringing these things to our attention so that we can improve our processes. We did not intend for anyone to feel like a number and apologize for any negative feelings we may have imposed.
1.0
27 May 2015
Recommend
CEO approval
Business outlook

Pros

Work from home Weekly pay

Cons

Have to work a full 8 hours without any pay to see if they want to hire you Only are paid for talk time and then 80% of your time Seemed like there were many more sales people than funding specialist Confusing bonus structure - was told two different things The most that anyone has achieved in a week were seven deals at $80. Plus was told during training that if you have an interested person and try to transfer them and no one is available to take the call set an appt. to call them back. We all know that in sales setting a call back is usually a waste of time unless you are dealing with something that the customer/consumer called you for.

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48 Factoring Response
11y
We apologize that we could not offer you a position from the trial, but this is a common practice among many call center and telemarketing companies and this is discussed and agreed to during the interview.
Viewing 1 - 3 of 29 Reviews

Glassdoor has 43 48 Factoring reviews submitted anonymously by 48 Factoring employees. Read employee reviews and ratings on Glassdoor to decide if 48 Factoring is right for you.