What are the responsibilities and job description for the Merchant Cash Advance Closer position at Effective Funding?
About the job
We are seeking a highly motivated and detail-oriented MCA Opener to join our team. The MCA Opener will be responsible for initializing merchant cash advance deals by working with clients, underwriters, and funding partners. The ideal candidate will have strong sales skills, excellent negotiation abilities, and a deep understanding of the MCA industry.
- Key Responsibilities: Review and finalize MCA agreements with clients, ensuring all documentation is accurate and compliant.
- Communicate with merchants to address any last-minute concerns and ensure smooth funding.
- Work closely with underwriters and funding teams to expedite deal closures.
- Negotiate terms and conditions with merchants to maximize deal success.
- Verify merchant qualifications and financials before finalizing transactions.
- Maintain a strong pipeline of potential deals and ensure timely follow-ups.
- Provide exceptional customer service to build long-term relationships with merchants.
- Requirements:1-3 years of experience in the MCA or alternative lending industry.
- Strong understanding of merchant cash advance products and closing techniques.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to work in a fast-paced environment and meet closing deadlines.
- Proficiency in CRM software and sales management tools.
- High level of integrity and professionalism.
- Compensation: Competitive base compensation structure with high earning potential.
- Performance-based bonuses and incentives.
- Commission structure with high earning potential.
How to Apply: Interested candidates should submit their resume and a brief cover letter outlining their experience in MCA closing. Apply now and take your career to the next level!
Salary : $120,000 - $250,000