Business Loan Associate

3 weeks ago

Denver, Colorado, United States iBusiness Funding Full time
About iBusiness Funding

iBusiness Funding is a leading provider of innovative Software as a Service (SaaS) solutions for banks and lenders, specializing in SBA lending. We develop scalable lending platforms that streamline the business lending process, enabling lenders to efficiently deliver capital to small and medium-sized businesses. To date, we've processed over $7 billion in SBA loans and handle more than 1,000 business loan applications daily. Our team is driven by our core values of innovation, integrity, enjoyment, and family. As a top five SBA 7(a) preferred lender, our parent company offers SBA express and small loan capabilities.

Job Description:

As a Business Loan Associate, you will be the first point of contact for our customers. You will call on our existing borrower population, re-engaging them, and guiding them through our new processes. You will speak to our multi-product offering with the goal of handing them off to our team of sales representatives who take them through to funding. This role serves as a promotional track. If you consistently exceed your goals, there are opportunities to advance within our Sales Team.

Major Areas of Responsibility:
  • You are expected to make 110+ dials per day, calling out to a subset of borrowers who are existing clients.
  • You will build rapport with borrowers through curiosity and active listening, uncover potential future needs of capital, and assist them with completing new applications for funding.
  • You will explain the differences between products (SBA loans and term loans), comparing our product offerings to our competitors.
  • Your success will be determined by the number of borrowers you successfully engage with one of our products, the applications completed, and the applications funded.
  • You will proactively problem-solve, identifying and confidently mitigating any risks, issues, or control weaknesses that arise in your day-to-day.
Qualifications for Success:
  • 6+ months of work experience in sales or a similar position.
  • You are excited to thrive in a hybrid/flexible work environment.
  • You thrive in a fast-paced, metric & results-driven environment.
  • You are confident in your ability to learn and articulate how our products can help small businesses thrive.
  • You are eager to drive results through consistent activity (phone, email, SMS).
  • You have the ability to prioritize and operate with a sense of urgency.
  • You have the ability to work effectively with individuals and groups in managing customer relationships.
  • You have strong verbal and written communication skills.
  • You are organized, detail-oriented, and able to multi-task.
  • You must be able to work under pressure and meet deadlines, while maintaining a positive attitude.

On-Target Yearly Earnings: $60,000 (base salary of $48,000 + targeted monthly commission of $1,000) + benefits.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities, or working conditions associated with the position.

iBusiness Funding is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.

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