New American Funding

Item: New American Funding
Rating: 2.8
Author: Anonymous

Home CompaniesNew American Funding

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Performance Category Ratings

See how employees rated New American Funding in RepVue’s key performance categories.

Category Score

Industry Percentile

Industry Rank

Culture and Leadership

3.1

45th%of Finance orgs

# 189of 339 Finance orgs

Base Compensation

2.2

8th%of Finance orgs

# 315of 339 Finance orgs

Incentive Compensation Structure

2.2

6th%of Finance orgs

# 319of 339 Finance orgs

Product - Market Fit

2.9

13th%of Finance orgs

# 298of 339 Finance orgs

Professional Development and Training

3.0

44th%of Finance orgs

# 192of 339 Finance orgs

Inbound Lead / Opportunity Flow

2.8

45th%of Finance orgs

# 189of 339 Finance orgs

Diversity and Inclusion

3.5

31st%of Finance orgs

# 234of 339 Finance orgs

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About New American Funding

newamericanfunding.com

Finance

Bootstrapped

1,001-10,000

California

Our founders, Rick and Patty Arvielo, each contributed their strengths in creating a business that leverages technology and streamlined operations to maximize lending efficiency....More

Percent that Attain Quota?

of team members typically hit their quota

Finance Industry Average

49%

Global Average

43%

Quota Attainment at New American Funding

Salaries

Job Role

Median Base Pay

Median OTE

Top Performer

Sales EngineerSalary data from 4 ratings

Salaries at New American Funding

Reviews

Current Employee

2.3

Dec 9, 2023

From a consumer perspective, the company is great, but rapid growth has led to a severe decline in internal operations and performance. Notably, compensation structures were significantly reduced without any clear communication, which was a major point of contention. Additionally, in the span of just one year, employees were required to use the over 8+ new "upgraded"...Read More

Useful

Current Employee

2.6

Nov 3, 2023

Low base pay, small loan sizes, very micromanaged, lots of turnover here. The pay is not competitive and very high interest rate offerings/ discount points compared to the competition.

Useful

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Reviews at New American Funding

Employee Ratings

Total Employee Ratings

Total Ratings

Ratings Verified by RepVue

Verified Ratings

92%

Job Categories

Account Executive

37%

Other

25%

Leadership Roles

20%

Sales Engineer / Solution Consultant

16%

Employee Status

Ratings submitted by current employees

63%

Ratings submitted by former employees

38%

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Frequently Asked Questions

New American Funding has an overall employee rating of 2.8 out of 5 and a RepVue score of 70.77. They are ranked #302 out of all Finance organizations.

Currently it is reported that 21.3% of the reps at New American Funding are hitting quota.

New American Funding has a rating of 3.1 out of 5 for culture and leadership. They are ranked #2767 in this category out of 5495 companies.

New American Funding has a rating of 2.9 out of 5 for Product - Market Fit and is ranked #298 out of 339 Finance companies.