Job Details

Business Development Officer - VSBA Sales - Remote USA

Base pay range: $80,000.00/yr - $120,000.00/yr. This role is remote within the USA.

Overview

VelocitySBA provides small business owners with access to growth capital through the SBA loan program. The SBA Franchise Business Development Officer will generate new business opportunities for the VelocitySBA Franchise Division by building and maintaining relationships with franchisors, franchise brokers, and prospective franchisees. The primary goal is to drive growth by securing financing deals within the franchise sector.

Whats in it for You

VelocitySBA is a fast-growing SBA lending institution actively seeking motivated individuals in sales/business development, underwriting, closing, servicing, marketing, and more as part of our national growth strategy. We promote a collaborative team culture, professional development, and career growth. We foster a Great Place to Work culture.

Responsibilities

• Generate viable SBA 7(a) loan opportunities via external direct and indirect marketing channels and meet annual loan volume and pricing targets.
• Manage loan workflow, financial analysis, and closing requirements.
• Determine 7(a) loan eligibility under SBA SOP and prudent lending practices.
• Prepare and deliver accurate loan applications and loan prescreen forms.
• Update pipeline reports and participate in weekly pipeline meetings with senior leadership.
• Collaborate with Credit and Closing teams to efficiently process transactions.
• Ensure all loan requests comply with Crossroads Small Business Solutions and SBA policies.
• Manage 3rd party loan agents and ensure they meet organizational and SBA standards.
• Coordinate with multiple parties to obtain information, order appraisals and environmental reports as applicable.
• Oversee multiple transactions concurrently and maintain current status in the Pipeline Report.
• Maintain knowledge of VelocitySBA policies and applicable regulations (BSA, Regulation B, etc.).
• Demonstrate VelocitySBA corporate culture and professionalism; act as a positive example for others.
• Support VelocitySBA goals and objectives; may perform other duties as assigned.

Qualifications

• 3 years of SBA lending experience with a US-based bank or non-bank lending institution.
• Bachelors degree preferred or equivalent experience.
• Ability to understand financial/credit policies, financial statements, and structure credit facilities.
• Ability to maintain efficient workflow; professional speaking and presentation skills.
• Full understanding of SBA eligibility and guidelines; ability to identify and mitigate credit risks.
• Ability to analyze and interpret financial statements, business reports, and legal documents.
• Good judgment, problem-solving skills, and proficient business writing skills.

Compensation

• Base Salary: $80,000-$120,000/year (based on experience and qualifications)
• Plus Bonus Incentive

Physical Requirements

• Must be able to pass post-offer drug test

Benefits

• 401k + match
• Health, Dental & Vision Insurance + HSA & FSA
• Employer-paid Life Insurance
• Paid Vacation Days
• Sick Leave
• Employee discounts, company events and training programs
• Training and career advancement opportunities

Equal Opportunity

Velocity Vehicle Group is an equal opportunity employer and prohibits discrimination and harassment of any type. All employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Business Development and Sales

Industries: Truck Transportation