What are the responsibilities and job description for the SBA BDO (Business Development SBA 504 & Conventional Business CRE Lending) position at Liberty Credit?
Business Development Officer
The Business Development Officer will lead the origination of SBA 504 and Conventional CRE loans, leveraging Liberty SBF's competitive pricing, strong product offerings, and broker-friendly compensation model.
Key Responsibilities:
- Develop and execute a robust wholesale business development strategy targeting CRE brokers, referral partners, and financial intermediaries.
- Identify and cultivate relationships with key brokers and referral sources within the commercial real estate sector.
- Originate SBA 504 and Conventional loans for owner-occupied commercial properties, focusing on mixed-use, industrial, office, and special-use property types.
- Maintain a deep understanding of Liberty SBF's SBA and Conventional loan products, including competitive pricing, borrower requirements, and underwriting standards.
- Manage the loan origination process from prospecting through to close, ensuring an exceptional borrower experience.
- Collaborate with internal teams to ensure loans meet Liberty SBF's risk and credit criteria.
- Stay current on industry trends, market conditions, and regulatory changes that impact SBA and CRE lending.
- Participate in deal review calls and ensure alignment with the company's strategic goals and performance metrics.
Qualifications:
- 10 years of business development experience in SBA and/or conventional commercial real estate lending, with a demonstrated ability to originate deals.
- Established network of brokers and referral partners within the commercial real estate industry.
- Strong understanding of SBA 504 and conventional loan products, underwriting standards, and market conditions.
- Excellent interpersonal and communication skills with a demonstrated ability to build and maintain relationships.
- Self-motivated with a drive to exceed performance targets and achieve high compensation levels.
- Bachelor's degree in business, finance, or a related field (MBA preferred but not required).
About Liberty SBF:
Liberty SBF is a leading financial services firm providing SBA 504 and Conventional loans for owner-occupied commercial real estate, offering 60-70% Loan-to-Cost (LTC) financing for conventional loans and up to 90% LTC financing for SBA 504 loans.