Velocity Vehicle Group · 11 hours ago
Business Development Officer - Remote (VSBA)
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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 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 Crossroads Small Business Solutions and SBA.
Manage new and existing 3rd party loan agents and ensure the agents meet Crossroads Small Business Solutions and SBA standards.
Qualification
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Required
3 years of SBA lending experience with US based bank or non-bank lending institution.
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
Preferred
Bachelor’s degree preferred or equivalent experience.
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.