Merchant Cash Advance Account Manager
3 weeks ago
Foretrust Funding LLC is looking for an experienced Merchant Cash Advance Account Manager to lead business development efforts, generate new leads, and expand the company's client base. This role requires strong communication skills, a proven ability to meet sales targets, and a thorough understanding of MCA products.
Main Responsibilities:
- Lead Generation & Business Development:
- Identify and establish partnerships with brokers, agents, and businesses.
- Develop and implement effective sales strategies to expand market presence.
- Build relationships with small and mid-sized business owners to assess their financing needs.
- Client Acquisition:
- Serve as the primary point of contact for new clients and brokers.
- Maintain a thorough understanding of MCA product offerings.
- Foster relationships through networking activities and industry events.
- Contract Negotiation:
- Assist brokers and clients with understanding contract terms and payment structures.
- Negotiate terms and close deals while maintaining profitability for the company.
- Customer Relationship Management:
- Build long-term relationships with clients by providing excellent customer service.
- Address client concerns and offer solutions to ensure satisfaction and retention.
- Guide clients through the funding process.
- Market Research & Competitor Analysis:
- Stay informed on industry trends and competitor offerings.
- Report market insights and customer feedback to internal teams.
- Compliance & Risk Management:
- Ensure all sales activities comply with relevant regulations.
- Work closely with the underwriting team to ensure clients meet eligibility criteria.
- Mitigate risk by properly vetting potential clients.
Qualifications:
- 2+ years of experience in sales or business development.
- Strong communication and negotiation skills.
- Proven ability to meet and exceed sales targets.
- Knowledge of MCA products and financial terminology.
Estimated Salary: $65,000 - $85,000 per year
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