Poorly Run with Little Direction/ Lying to Employees - Qualifier Backd Employee Review

2.0
Oct 8, 2019
Recommend
CEO approval
Business outlook

Pros

Lots of energy with a quickly growing atmosphere. Sales managers and VP of sales really makes you thing its a great place to work.

Cons

Most of what they tell you isn't really true. The training process is abysmal at best. The company quickly rushes you through training and throws you on the phone with impatient, angry customers and expects you to start closing deals after one week. Also as the entry level qualifier position, they don't give you much information on what it is your actually trying to sell. As a former employee though, I can tell you what your mostly selling. You are selling very high rate, sort perm loans that require daily payments. We are talking loans with stupid high interest rates. The only companies these would be suitable for are companies that Get Back'd wont approve. If your a business owner that does take one of these loans, then you are most likely going to lose a lot of money. Which leads me to my next topic, the pretty blatant lie about what you can make in commission. In order to make the yearly earnings of $50k (salary + commission) , which they promised me would be pretty obtainable in my interview, a qualifier would have to sell $4 million in face value of loans. To put this into perspective, brokers at large banks would be pleased with sales of this amount. This comes in tandem with the fact that, as a qualifier, you are not responsible for closing your leads. After all that and you do finally start getting customers to commit to a loan, the deal probably wont be approved or will get brokered out. Meaning less commission for the sales teams.

Explore other reviews about Backd

5.0
Jun 8, 2026
Recommend
CEO approval
Business outlook

Pros

Great company culture, strong leadership, and a highly motivated team. Backd is growing quickly, which creates a lot of opportunity for professional development, ownership, and meaningful impact. The work is challenging in a good way, and it is exciting to be part of a company that is helping small businesses access the funding they need.

Cons

As with any fast-growing company, priorities can shift quickly and the pace can be demanding at times. That said, this also creates a lot of opportunity for employees who enjoy taking ownership, solving problems, and working in a dynamic environment.

4.0
May 27, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Culture and Teamwork: Team works closely together, collaborate on projects and initiatives, multiple team events to build relationships Flexibility: Work in office 5 days a week but leadership is understanding with scheduling when challenges arise and allow for appointments, early departures, late arrivals for employees as needed. AI: Utilizing AI to transform the business and giving employees exposure.

Cons

Industry Demands: Payment Processing, Finance, and Technology is fast-paced and requires rapid change. Tight timelines can be overwhelming and development struggles to keep up. Prioritization: Priorities can change rapidly given the challenges of industry demand and client demands- need to find a healthier balance of completing projects on time and ensuring alignment on the next priorities. Perfect is the enemy of good- need to shift the mindset from "flawless completion" to iterative progress where it makes sense.

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