What are the responsibilities and job description for the Business Loan Specialist - Partnerships position at iBusiness Funding?
About iBusiness Funding
iBusiness Funding is a leader in providing innovative Software as a Service (SaaS) solutions for banks and lenders, with a specialization in SBA lending. We build scalable lending platforms that streamline the business lending process, allowing lenders to efficiently deliver capital to small and medium-sized businesses.
To date, we’ve processed over $7 billion in SBA loans and handle more than 1,000 business loan applications daily. Our team is driven by our core values of innovation, integrity, enjoyment, and family.
As a top five SBA 7(a) preferred lender, our parent company offers SBA express and small loan capabilities. Join us and be part of a team that’s transforming the finance industry and empowering businesses to thrive!
Position Description:
As a Business Loan Specialist - Partnerships you will be working closely with our 50 strategic partners to drive originations and hit individual and team goals. You will be responsible for a large pipeline of applications throughout the entire review and closing process, for both our term loan product and SBA products. This is one of iBusiness Funding’s largest channels and will be a critical component of the business hitting our ambitious goals.
Major Areas of Responsibility:
- Processing partner loan applications for iBF term loans and SBA loans.
- Ensuring all documentation and information is ready for the appropriate underwriting review. If approved, you will be responsible for supporting the partner in funding the loan.
- Managing multiple communication channels with our partners to request outstanding items, follow up, and help facilitate funding partner loans.
- Organizing and maintaining a pipeline of 100 applications through various stages of review and closing.
- Building an understanding of the wider SMB finance market to help the partner understand the unique value props of our products to drive further partner funded originations with iBF.
- Synthesizing feedback - This role is on the front lines of the SMB lending landscape and the feedback we get from partners is critical to helping us maintain a unique loan product for small businesses.
Experience:
- 1-2 years sales experience (preferred but not required)
Required Knowledge, Skills, and Abilities:
- Microsoft Office
- Organized to keep the flow of partner applications streamlined
- Ability to handle a fast-paced environment
- Hungry to drive originations
- Attention to detail
- Quick to learn
Conclusion:
This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities, or working conditions associated with the position.
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.
