Business Development Officer
$100k - $200kLoanBud
Job Title: Business Development Officer Location: New York, NY Salary Range: $100,000 - $200,000 (Base + Commission) Company Overview: LoanBud is a dynamic and growing company dedicated to empowering small businesses through financial support. Our mission is to empower small-business owners by providing streamlined access to capital through SBA loans. We pride ourselves on our team-oriented colleagues, opportunities for growth, and a strong commitment to supporting the backbone of the economy - small businesses.
Role Specifics: As a Business Development Officer at LoanBud, your primary responsibilities will include:
Role Specifics: As a Business Development Officer at LoanBud, your primary responsibilities will include:
- Developing and maintaining relationships with referral partners.
- Actively prospecting, marketing, structuring, and originating new SBA loans.
- Establishing and maintaining a network of referral sources to attract potential SBA borrowers.
- Maintaining in-depth knowledge of SBA products and staying informed about competitors and competitive products.
- Preferred educational background: Bachelor's degree.
- Minimum 3 years of experience in business lending or M&A.
- Knowledge of SBA lending is a significant advantage.
- Excellent communication and organizational skills.
- Proficiency in sales persuasion, active listening, and time management.
- Strong product knowledge and relationship-building skills.
- Critical thinking and strategic planning abilities.
- Familiarity with SBA loan programs and business loans.
- This is an in-office position based in New York, NY.
- Occasional travel for conferences and trade shows.
- Competitive base salary plus commission.
- Bi-monthly commission based on funded loan volume.
- Comprehensive benefits package including health, dental, and vision insurance.
- Paid time off and 401(k) with company match.
Vacancy posted 3 days ago
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