12/10 would NOT recommend working here - Business Support Lendistry Employee Review

1.0
Sep 7, 2023
Recommend
CEO approval
Business outlook

Pros

The only pro was that this was a remote job. I was able to complete the same amount of work that I could in an office, at home.

Cons

When I first began at Lendistry, it felt like a family. Coming from a previous toxic job, it was like a breath of fresh air. You were commended for a job well done. Merit mattered. There was no such thing as low level employees and upper management. Everyone worked together to reach the goals as a team. Your hard work was recognized. As the company grew over time, it became a very fast-paced and extremely toxic environment. They were more worried about the numbers than their employees. Everyday was a stressful day. It used to be all about merit but as the company made more money and won more contracts, it became more of who you rubbed elbows with. The good employees were easily let go while the lazy and simpleminded ones remained. As a result, those who did their job well did not make the cut. At this point, the number of years and loyalty that you invested in this company did not matter. There were many people who were with Lendistry as a small company and lived paycheck to paycheck or relied on this job to stay afloat and were let go/fired/laid off without a moment's notice. People who were diligent, always did their work, and never got in trouble or written up, were fair game unless you were upper management. All the money that could have gone to the hard-working employees who were doing all the grunt work was instead invested in higher management hires and their bonus packages. As a result, those that were lowest on the totem pole but did the hardest work were left with wages that barely covered the cost of living, if any. This company cared more about hiring the most notable people and assigning them c-suite or executive positions. Lendistry used to preach that merit determined your pay and raise. That was all smoke and mirrors because they created a bonus system that rewarded those who were high in the totem pole, but completely glossed over those at the “bottom” that did the most grunt and dirty work. The yearly evaluation was rigged. Your raise was determined by the overall score you received; however, it was made known that receiving more than a 3, which was a 2.5% raise (a percentage LESS than the current cost of living!!!) was the average. A score of 5 was given scarcely because it meant a higher raise. This company literally set up a system so that every one got less than the bare minimum. As someone who always crossed their T’s and dotted their I’s, did everything I was told to do, if not more, and invested in my mental health into this employment, I was blindsided when I was terminated because Lendistry gave me an impossible ultimatum. I was given a choice of moving to California with the caveat of being demoted, getting a lower pay, and going into the office every day. To make matters worse, Lendistry did not offer me a relocation package or financial assistance that would help cover the cost of living/moving to one of the most expensive states. The second choice was to be terminated effective immediately. They wanted me to make an impossible and massive life decision by the end of the next day. They wouldn’t even give me the courtesy of using the rest of the week to sort out my matters even though I was with the company for more than three years. At 7:50 a.m. the next morning, I was bombarded with multiple calls and messages from my manager and HR forcing me to give them an answer to their ultimatum. I was left with no choice but to let Lendistry let me go… They let me go with no notice, no back up, and no future-planning. So long story short… Lendistry talks the talk but does not walk the walk. You are disposable unless you are upper management. If you are looking for a place of merit, don’t look here.

Explore other reviews about Lendistry

5.0
Mar 28, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The culture is great and people are nice.

Cons

The company is growing and people would need to adapt to changing priorities.

avatar
Lendistry Response
3mo
Thank you for sharing your experience and for being part of the Lendistry Team. It means a great deal to hear that you are enjoying the culture and that the people around you have made a positive impact. We also appreciate your thoughtful note about growth and evolving priorities. As we continue to expand, we recognize that change can bring both opportunity and challenge, and we are committed to supporting our employees through that in meaningful ways. If you have ideas you would like to share, please reach out to our Employee Engagement Team. Thank you again for your feedback and for the contributions you make every day.
1.0
May 27, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-nice offices -free snacks and drinks -that's about it

Cons

It's impressive how fast this company went downhill. Half the company has left because leadership couldn't care less about the well-being of their employees. No one actually cares about the mission and leadership is extremely performative and fake. CEO and COO are married and truly only care about self gain. No Growth (for employees or the company) Takes minimum 4 years to even be considered for a promotion (was told this by senior leadership). Takes over 2 years to receive a raise. Doesn't matter if you exceed expectations and receive stellar reviews, the company is BROKE and counts on you to be complacent so they don't reward good work. Money is constantly mismanaged and I wouldn't be surprised if it went out of business in a few years. The company doesn't have enough capital to fund the loans of their customers or give employees bonuses and raises but they love to sink money into useless things like sponsoring THREE WNBA teams. Micromanaging HR will send threatening emails for being on your phone and stalk your badge scan-ins and time in office even though they are rarely stay the full time in office and are always on their phones. Team members are blasted on the office TV's with their picture and full name that shows all of their work stats. Extremely violating and unnecessary. In 2025 they downloaded an AI monitoring software on all computers that tracks your key strokes and mouse movements. Return to Office Anyone 40 miles from an office (absurd radius) must come into an office and stay 8.5-9 hours even though half the company is still remote. There are no exceptions and no flexibility, unless you are HR of course. Feeling a bit sick but can still work? Can't work from home, forced to use PTO. Have an appointment? Forced to use PTO. Benefits 3 weeks of PTO (sick and vacation time) but note you DO NOT accrue PTO while on PTO so you really end up with less than 3 weeks per year if you use it at all. Health and dental are subpar. Pay Terrible and well below market average but you can probably already tell that from the job listing you came across. Did I mention no one ever gets raises? No merit raises, no cost of living adjustments, just the same under-market salary you got tricked into taking.

2
avatar
Lendistry Response
1mo
Thank you for taking the time to share your perspective. We are genuinely disappointed to hear that your experience at Lendistry left you feeling this way, particularly after spending several years with our organization. We appreciate that you highlighted aspects of the workplace you enjoyed, including our office environment. While we recognize that not every employee's experience will be the same, we do not share the view that our mission or commitment to the people and communities we serve is performative. Supporting small businesses and expanding economic opportunity remain at the heart of who we are, and our employees, leadership team, and community partners are deeply committed to that purpose. We appreciate your feedback regarding career growth, workplace policies, and the employee experience. As our organization continues to evolve, we remain committed to listening, learning, and creating opportunities for our Team to succeed. We are grateful for the contributions you made during your time with Lendistry and wish you all the best in the future.
See reviews by: Helpful|Rating|Date|All