Onset Financial
RepVue Score
0
Onset Financial
Back to ReviewsFormer Employee Onset is mostly a good company with solid base pay and good people. The product is very difficult to sell. Most AEs don't see a "sale" for their first 6 months of work. There is a lot of sales funnel leakage. Even when you get someone to send you their company's financials, they still have to agree to a proposal. 1/7 proposals get signed by the client. Then the client goes into underwriting and credit check (more leakage), then they need to go through documentation (more leakage). It's already a niche enough product (even though they preach it's a $1 Trillion industry and 8/10 companies lease equipment, it's not as simple as what they say. People have found success in this role, but they only after putting in 2 - 4 years of prospecting. It's 100% outbound cold calling, at least 100 dials a day, using MicroSIP and ZERO email, SMS or LinkedIn cadences. They only train you on cold calling and gatekeepers. Commission structure is complicated, but typically you receive 50% upon customer making their first payment and then the rest when the lease comes to term (leases are typically 2 - 5 years). Not many reps make $100K+
2.4
Aug 20, 2024
1 Useful
