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Premium Merchant Funding

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SCAM - Anonymous employee Premium Merchant Funding Employee Review

1.0
Jan 9, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Was told there was a 30 grand salary but upon interviewing the company admitted that was a lie and that compensation is 100 percent based upon commission with zero salary. There is no ethnic diversity among employees, all 50 workers in Manhattan are White and 22 years old just kids fresh out of college. Predatory company that charges 70% annual interest on their business loans to small business owners. A disgusting scam. I spent all day dialing and lying to the the business owners. These are the pros

Cons

Work day is 14 hours long from 8 AM to 10 PM. No salary. Your deals are stolen and your commission pocketed by your "manager" who is just using you to gather fresh leads. You are nothing more than a lead generator donkey.

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5.0
Apr 24, 2026
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Pros

Great place to grow if you’re willing to put in the work. The Team Managers, Team Leaders, and OCTAs are actively involved and always willing to help, which makes a big difference when you’re learning. The environment is fast-paced but supportive and wins are recognized, which keeps things motivating. You can genuinely build your skills and move up if you're driven and stay consistent.

Cons

The fast-paced environment can take some getting used to at first. There are high expectations, but once you understand the vision, you'll see how this can help you grow and improve quickly.

5.0
Apr 24, 2026
Recommend
CEO approval
Business Outlook

Pros

Builds confidence, teaches hard skills, performance-based. Growth is very merit-based. If you perform, you move up. High-energy, motivating environment. People around you are grinding, which pushes you to level up. You build a strong network quickly and you around other driven salespeople and leaders.

Cons

Long hours are normal, It’s a “sink or swim” environment. You gotta decide whether you got it or not. It’s not great if you want balance, hand-holding, or lack patience.

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