Equipment Finance Rep

In 1952, Columbus Equipment Company was founded by Bill Early, who was known around the world as a legend – a true innovator in the heavy equipment industry. Recognized today as Ohio's Dependable Dealer, the company's commitment to employees and unmatched reputation for product support excellence extends across the State of Ohio, as well as the Midwest region.

Remaining a family owned business, Columbus Equipment has expanded into ten locations and continues to be committed to being the best—the best equipment, the best product support, the best customer service, and the best overall experience when it comes to purchasing heavy equipment.

We realize that our employees are our most important resource, and that our customers are our most important asset. At Columbus Equipment Company, our customers are our first priority, and we are looking to add team members that will help us build partnerships that will foster success.

Whether you're looking to embark upon a new career or bring a wealth of experience to the table. Columbus Equipment Company is offering attractive benefit packages and compelling career tracks to those in search of a position within our company including, but not limited to:

• Health dental and vision insurance
• 401K
• Vacation and PTO
• STD, Life, and Disability Insurance
• Paid Holidays
• Tailored Training
• Tuition Assistance/Reimbursement
• Succession Pathway

Responsibilities and Duties

• Primary role is arranging financing for selected CEC sales for customers
• Liaison between designated finance companies and CEC
• Process credit applications and Submit to various funding sources
• Collect financial info from customers when needed
• Process credit reports and business reports (Paynet, D&B and CBR’s)
• Perform searches on transactions where a trade is included, to assure clear title
• Communicate finance approvals to all parties of interest
• Negotiate acceptable approvals on behalf of the customer and CEC.
• Secure pay off’s for Trades on sales transactions
• Document finance contracts and send to appropriate recipients
• Review invoices related to every sale where financing is provided to the customer
• Process/Review all Signed documents and send to the respective funding sources
• Notify accounting, inventory mgr. and upper management of funds being received
• Process pay off’s for trades and prepare check/wire requests through the VP of Finance.
• Generate Finance Documentation fees and when appropriate Referral fees. aka Dealer Reserve
• Continue to support customer regarding questions that pertain to their finance accounts.
• Perform searches on all Equipment purchases of the Used Equipment Department
• Prepare Subordination letters and send to secured parties to assure trade’s clear title to CEC
• Request partial releases of assets that have been found to be secured by other financial institutions
• Calculate costs to buy down rates to a lower % than what funding sources and programs offer
• Secure Lease pricing on transactions that are outside Mfgr’s programs (3rd Party Funding Source)
• Circulate all Finance Programs to the CEC Sales force and understand them
• Be well versed in IRS rules regarding depreciation and any tax incentives for Capital Purchases
• Assist customer base with refinancing, pay offs, consolidation loans and loan extensions etc.

Qualifications

• Preferred Bachelor’s Degree
• Preferred 3 years in Equipment Finance Field
• Word, Excel, Adobe etc.
• Manage every transaction Cradle to Grave
• Works well with and communicates to personnel with clear direction
• Mortgage Calculations *key

Physical Requirements

• Must be able to adhere to prolonged periods of sitting at a desk and working on a computer
• Must be able to speak and write English, and hear to communicate
• Must be able to lift up to 15 pounds occasionally
• Must be able to use hands to operate office equipment
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.