LOAN SPECIALIST

We are seeking a Loan Specialist to join Credibility Capital, an online lender based in New York City. This role is based in New York and reports to the Director of Borrower Acquisition.  Please send inquiries to careers@credibilitycapital.com.

About this role

The Loan Specialist is responsible for working with small businesses to understand their funding needs, assess their credit profiles and close loans. Specific responsibilities include:

  • Nurture existing small business contacts who have expressed interest in financing. Drive loan applications by building relationships and leveraging ongoing communication to understand the business's basic needs and to recommend appropriate loan products to address those needs.
  • Track and manage leads through Salesforce.com CRM system.
  • Once a small business has applied for a loan, engage in discussions with the applicant and conduct independent research on both the business and the industry.
  • Collect and analyze all required documentation.
  • Partner with Credit team to assess credit profile, conduct fraud analysis and finalize underwriting recommendation.
  • Handle all communication with borrower from application to loan offer to loan closing, documenting details into CRM system throughout the process.
  • Proactively work to close loans for which offers have been made.

 

Who we're looking for

  • Bachelor's degree in Business or equivalent education and related training. Previous sales experience is a plus. 
  • Basic understanding of major technical aspects of small business underwriting, loan structuring and deposits.
  • Solid understanding of credit and business financing.
  • Excellent verbal and written communication skills.
  • Proven self-starter with problem-solving abilities.
  • Demonstrated ability to work in a team environment.
  • Detail-oriented, organized and able to prioritize workload efficiently.
  • Proficiency with Microsoft Office, Google software products and CRM programs.

 

What we offer

  • Opportunity to join a fast-growing, early stage small business lender
  • Chance to join a team of hard-working, smart, collaborative individuals who value new ideas and diverse approaches
  • Competitive compensation including generous benefits

 

About Credibility Capital

Credibility Capital, is an online lender focused on prime credit small business borrowers.  In today's banking environment, obtaining financing can be difficult for a majority of these businesses, even for those with good credit histories and strong balance sheets. Our platform matches businesses with institutional investors to fund loans ranging from $10,000 to $250,000. Our investors include banks, hedge funds, family offices and insurance companies with an appetite for current income that are making substantial allocations to this emerging asset class. Borrowers are sourced directly by our partners such as Dun & Bradstreet.