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Business Development Associate - SBA

ReadyCap Lending offers a positive and diverse work culture incorporated with people who are passionate about their careers. We pride ourselves in being viewed as a premier place to work and encourage you to view our Business Development Associate opportunity.

Job Summary:

The Business Development Associate (BDA) will use independent judgment to assist BDOs in loan production activities in order to facilitate production as well as provide time for BDOs to concentrate on marketing activities.  In addition, BDAs will assist in loan production and global marketing activities to allow time for Managing BDOs to recruit and manage team. 

Summary of Essential Duties:

Responsibilities include, but are not limited to, the following:

BDO support

  • Being an expert with nCino, underwriting needs and the upfront loan process, would answer questions and assist in training new BDOs and support personnel in the technical aspect of proper loan application flow and submission. 
  • Direct support of up to five BDOs in loan production and complete package loan submission.  This would be subject to individual BDO volume and work flow requirements. 

Direct Production Support

  • Handle smaller loans start to finish on case by case basis with new streamlined process. 
  • Provide back up  for BDOs when they are away from office.  Provide feel of continuity and professionalism to the customer as would have ability to gather required info so can analyze and prescreen in BDOs absence.

Back office and Underwriting Support

  • Act as SBA expert with experience in closing in the market being covered, liaison with underwriting, closing, attorneys and title to ensure the smooth communication and flow of information.
  • “Go to” person for back office when BDO and / or customer is unavailable.  

Knowledge/Skills: 

  • Minimum three to five years direct SBA or commercial lending experience in sales production support and/or back office credit support. 
  • Superior working knowledge and abilities in all aspects of the SBA loan or commercial production process from sales to closing. 
  • Expertise in loan and credit analysis, SBA guidelines and requirements and all typically utilized software. 
  • Strong working knowledge of title and escrow processes. 
  • Excellent customer relations ability. 
  • Self-starter able to work remotely on an individual basis. 
  • Team player with ability to work well with groups.  

Education and/or Experience:

  • Bachelor’s Degree in business, finance or equivalent experience.

As an approved SBA lender, ReadyCap Lending, understands the financing needs of small and growing businesses. Our knowledgeable experts take pride in delivering customized 7(a) and 504 loans to help businesses thrive and prosper.

With concierge-like personal attention, ReadyCap Lending is set apart by its credit decisions, processing speeds and common-sense, solution-oriented underwriting.  We see lending differently!

ReadyCap Lending offers a full range of benefits, including competitive salary, comprehensive health plans to choose from including dental, vision coverage, company-paid life & disability insurance policies, business casual dress and a great culture!

ReadyCap Lending is an equal opportunity employer (EOE)!


 

 

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