Velocity Vehicle Group · 3 weeks ago
SBA Franchise Business Development Officer - VSBA Sales - Remote USA
United States
Full-time
Remote
Mid Level
$90K/yr - $120K/yr
3+ years expVelocity Vehicle Group is a rapidly growing SBA lending institution that provides small business owners with access to growth capital. The SBA Franchise Business Development Officer is responsible for generating new business opportunities within the franchise sector by building relationships and securing financing deals.
RailroadTransportation
Responsibilities
Generate viable SBA 7(a) loan opportunities via external direct and indirect marketing channels and meet annual loan volume and pricing targets
Establish and maintain direct relationships with Franchisors and Franchise Aggregators and Referral Sources
Manage loan workflow, financial analysis and closing requirements
Determine 7(a) loan eligibility under SBA SOP and general prudent lending practices
Responsible to prepare and deliver accurate loan applications and loan prescreen form
Update pipeline report and attend weekly pipeline meeting attended by the senior leadership team including the President, Sales Manager, Chief Credit Officer, Credit Administrator, Operation Manager and Closing/Documentation Manager
Collaborate with Credit and Closing teams to efficiently process transactions
Ensure all loan requests are compliant to the policies and procedures of VelocitySBA
Manage new and existing 3rd party loan agents and ensure the agents meet VelocitySBA standards
Responsible for working with multiple parties to ensure information is obtained/received at various stages throughout the loan process, and assisting with ordering appraisals and environmental reports, as applicable
Oversee multiple transactions concurrently to ensure all active loan applications are moving forward and current status is reported on the Pipeline Report
Maintain a working knowledge of VelocitySBA’s written policies and procedures regarding Regulation B, Bank Secrecy Act, Bank Security and all other regulations applicable to this job description
Actively learns, demonstrates, and fosters VelocitySBA corporate culture in all actions and words
Takes personal initiative and is a positive example for others to emulate
Embraces all goals and objectives of VelocitySBA
May perform other duties as assigned
Qualification
Required
3 years of SBA lending experience with US based bank or non-bank lending institution
Bachelor's degree preferred or equivalent experience
Ability to understand financial/credit policies, financial statements and structure credit facilities of targets
Ability to maintain efficient workflow
Professional speaking and presentation skills
Full understanding and knowledge 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 and problem-solving skills
Proficient business writing skills
Benefits
401k + match
Health, Dental & Vision Insurance + HSA & FSA
Employer paid Life Insurance
Paid Vacation Days
Sick Leave
Company perks such as employee discounts, company events and training programs
Excellent Training and Career Advancement Opportunities
Company
Velocity Vehicle Group
Velocity Vehicle Group (VVG) is a privately-owned group of companies that are experts in the commercial vehicle industry across the USA.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Bryan K.
Global Chief Financial Officer
Ardis Jones
Corporate Travel & Events - Executive Assistant to COO
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