Merchant Cash Advance Underwriter

3 weeks ago


New York, United States CFG Merchant Solutions Full time
Job DescriptionJob Description

Job Summary:

CFG Merchant Solutions, LLC (CFGMS) is a rapidly growing alternative finance company that provides working capital to small and medium sized businesses throughout the US in the form of Revenue Based Financing.

Learn with us. Fund with us. Join our Underwriter Academy to learn how to become a CFGMS underwriter or join one of our funding teams.

As we continue to expand, we are looking to hire new talent and expand our existing teams. Underwriters in the Merchant Cash Advance (MCA) / Revenue-Based Finance Industry are responsible for pricing, underwriting, and managing a portfolio. assessing and managing risks associated with insuring people and assets. This role requires strong analytical skills, attention to detail, and the ability to make informed decisions based on risk analysis. A bachelor's degree in business, economics, finance, or a related field is typically required.

CFGMS offers independent contractors the opportunity for unlimited success and provides proper training and mentorship to support their growth in the industry. This role offers unlimited potential for success and is suited for individuals with an entrepreneurial mindset. This role is based out of our 180 Maiden Lane office in NYC and requires 5 days in the office.

Responsibilities:

Committing to go through internal training program and learning the Revenue-Based Finance industry

Assessing and evaluating risks associated with insuring merchants and small businesses and pricing deals accordingly

Managing and maintaining a portfolio of clients and conducting Merchant interviews

Collaborating with Underwriting teams and Sales Reps

Implementing guidelines to ensure a balanced ratio of favorable risks and minimize claim costs

Analyzing and gathering data from 3rd parties and making informed decisions based on risk analysis ie prospective merchant applications, credit reports, business bank & credit card statements, business financials, P&L, Balance Sheets, Tax Returns, and other related financial and publicly available due diligence information

Maintaining the financial stability and profitability of portfolio through effective risk management

Qualifications:

Bachelor's degree in business, economics, finance, or a related field

1+ years of experience working for a financial firm or in the Revenue-Based Financing industry

Strong analytical skills and attention to detail.

Excellent communication skills to effectively communicate analysis results to clients and colleagues

Ability to work independently and in a team environment.

Willingness to undergo training and mentorship provided by CFGMS.


  • Merchant Cash Advance

    26 minutes ago


    New Hyde Park, United States LCF Group Full time

    The LCF Group (_**located in New Hyde Park**_) is an established MCA (_**Merchant Cash Advance**_) direct funder. We provide funding to small businesses in the form of a merchant cash advance. We purchase their future receivables and are repaid via daily ACH debits or a percentage of their credit card sales. We have been in business since 2011 and are...

  • Funding Underwriter

    1 week ago


    New York, United States CFG Merchant Solutions Full time

    **Job Summary**: CFG Merchant Solutions, LLC (CFGMS) is a rapidly growing alternative finance company that provides working capital to small and medium sized businesses throughout the US in the form of Revenue Based Financing. Learn with us. Fund with us. Join our Underwriter Academy to learn how to become a CFGMS underwriter or join one of our funding...

  • Underwriter, Senior

    7 days ago


    New York, United States Biz2Credit Inc. Full time

    DescriptionAbout UsFounded in 2007, Biz2Credit is rated as the Number 1 small business financing resource in the U.S. by Entrepreneur Magazine. Till date, we've facilitated more than $8 billion in small business funding.Biz2Credit, an all-in-one financing solution for entrepreneurs to get small business funding with fast approval process. Explore the...

  • Underwriter, Senior

    1 week ago


    New York, New York, United States Biz2Credit Inc. Full time

    About UsFounded in 2007, Biz2Credit is rated as the Number 1 small business financing resource in the U.S. by Entrepreneur Magazine. Till date, we've facilitated more than $8 billion in small business funding.Biz2Credit, an all-in-one financing solution for entrepreneurs to get small business funding with fast approval process. Explore the best small...


  • New York, United States Blueline Capital Group Full time

    We are hiring a highly motivated and HUNGRY individual looking to make six figures or more in the first year to work with us as a Junior Broker at our office in Lower Manhattan. **NO EXPERIENCE IS REQUIRED.** We will train you, and you will learn from the industry's best. **THIS IS A COMMISSION-ONLY POSITION WITH NO CEILING.** - Our sales representatives...

  • Underwriter, Senior

    6 days ago


    New York, United States Biz2Credit Inc Full time

    Job DescriptionJob DescriptionDescription:About UsFounded in 2007, Biz2Credit is rated as the Number 1 small business financing resource in the U.S. by Entrepreneur Magazine. Till date, we've facilitated more than $8 billion in small business funding.Biz2Credit, an all-in-one financing solution for entrepreneurs to get small business funding with fast...


  • New York, United States DME Capital Merchant Services Full time

    _Merchant Sales Representative _ ** THIS JOB IS LOCATED IN Manhattan, New York. PLEASE DO NOT APPLY IF YOU ARE NOT WILLING TO TRAVEL TO NEW YORK ** DME Capital Merchant Funding is seeking highly motivated and professional sales representatives to build relationships in order to provide different types of merchants secure funding for all business needs. We...


  • New York, United States Selby Jennings Full time

    Position: Senior Credit UnderwriterLocation: New York City | Westport, CTCompany Overview:A rapidly growing specialty finance firm that provides capital to small and medium-sized businesses is looking for a Senior Credit Underwriter to join their team.Job Responsibilities:Analyze application data, including financial statements, bank statements, credit card...


  • New York, New York, United States Selby Jennings Full time

    Position: Senior Credit UnderwriterLocation: New York City | Westport, CTCompany Overview:A rapidly growing specialty finance firm that provides capital to small and medium-sized businesses is looking for a Senior Credit Underwriter to join their team.Job Responsibilities:Analyze application data, including financial statements, bank statements, credit card...

  • Underwriter - MCA

    1 month ago


    New York, United States Blackbridge Investment Group (BIG) Full time

    Job DescriptionJob Description We are a rapidly growing Fintech company (Alternative Funding). We are seeking candidates with a background in Accounting or Finance and experience in the Merchant Cash Advance Space. This opportunity gives the right candidate the chance to grow with a fast expanding Fintech company.ResponsibilitiesWork with Portfolio Managers...

  • Senior Underwriter

    6 days ago


    New York, United States Confidant Recruiting Inc Full time

    A rapidly expanding direct lender in alternative finance for small businesses is seeking a Senior Underwriter. The Sr. Underwriter must possess a strong background working with a diverse set of small business with a focus of underwriting loans in the $100,000 to $10 million range. The Sr. Underwriter must also be passionate about improving credit analysis...

  • Senior Underwriter

    1 week ago


    New York, United States Confidant Recruiting, Inc. Full time

    A rapidly expanding direct lender in alternative finance for small businesses is seeking a Senior Underwriter. The Sr. Underwriter must possess a strong background working with a diverse set of small business with a focus of underwriting loans in the $100,000 to $10 million range.The Sr. Underwriter must also be passionate about improving credit analysis...

  • Senior Underwriter

    7 days ago


    New York, United States Confidant Recruiting, Inc. Full time

    A rapidly expanding direct lender in alternative finance for small businesses is seeking a Senior Underwriter. The Sr. Underwriter must possess a strong background working with a diverse set of small business with a focus of underwriting loans in the $100,000 to $10 million range.The Sr. Underwriter must also be passionate about improving credit analysis...

  • Credit Underwriter

    2 weeks ago


    New York, United States Ascendo Resources Full time

    Credit Underwriter – Financial Services – New York Top Keys: 2+ years of underwriting experience Experience with MCA, Term Loans, and Credit Review Proficient with valuation, modeling, and strong Excel skills Holds a bachelor’s degree in finance, economics, accounting, or a related Strong accounting, finance, modeling, and problem-solving...


  • New York, NY, United States Selby Jennings Full time

    Title: Senior Commercial Loan Underwriter Company: I'm working with a fast-growing Investment Manager who's looking to add a senior commercial loan underwriter to their team. The firm focuses on small businesses and does merchant cash advances. This role is located in either NYC or Westport, CT Qualifications Analyze financial statements, including...

  • Commercial Funder

    1 week ago


    New York, United States CFG Merchant Solutions Full time

    **Job Summary**: CFG Merchant Solutions, LLC (CFGMS) is a rapidly growing alternative finance company that provides working capital to small and medium sized businesses throughout the US in the form of Revenue Based Financing. Learn with us. Fund with us. Join our Underwriter Academy to learn how to become a CFGMS underwriter or join one of our funding...


  • New York, United States Cash App Full time

    **Company Description** It all started with an idea at Block in 2013. Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic ecosystem, developing unique financial products, including Afterpay/Clearpay, to provide a better way to send, spend, invest, borrow and save to our 47...


  • New York, United States Cash App Full time

    Job DescriptionJob DescriptionCompany DescriptionIt all started with an idea at Block in 2013. Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic ecosystem, developing unique financial products, including Afterpay/Clearpay, to provide a better way to send, spend, invest,...


  • New York, United States Liberty Bell Capital Full time

    We are a merchant cash advance company providing finance solutions to small businesses across the United States. Learn from the pioneers in the industry. We will provide you with all the tools needed to succeed in this field. We are looking for those who are dedicated, outgoing and ENERGETIC! Our office is always energetic. Our leads are top notch. We...

  • Sales Team Lead

    1 month ago


    New York, United States CFG Merchant Solutions Full time

    Job DescriptionJob DescriptionCFG Merchant Solutions, LLC (CFGMS) is a rapidly growing alternative finance company that provides working capital to small and medium sized businesses throughout the US in the form of Revenue Based Financing. We are currently seeking a Sales Team Lead for our NYC Office to lead a team of 4 strong-willed Sales...