Business Loan Underwriter

LiftFund•San Antonio, TX

About The Position

The Business Loan Underwriter is responsible for analyzing, underwriting, and recommending approval or denial of small business and SBA 7(a) loan applications in accordance with organizational credit policies, SBA SOP guidelines, and risk management standards. This role evaluates borrower financial strength, creditworthiness, and risk exposure while ensuring compliance with SBA regulations and internal lending requirements.

Requirements

Two (2) years of experience in business lending, loan underwriting, credit analysis, or a related financing role.
Experience reviewing and underwriting SBA 7(a) loans (Community Advantage experience preferred).
Familiarity with SBA SOP requirements and SBA application systems such as ETRAN preferred.
Associate or bachelor’s degree in business administration, finance, accounting, or a related field.
Strong analytical skills and the ability to make data-driven lending decisions.
Knowledge of business financial statements and tax returns.
Hands-on experience and knowledge of Business Financial Statements.
Familiarity with business lending concepts, credit analysis, and risk assessment.
Great customer service, communication, and negotiation skills.
Ability to work efficiently under time constraints and manage multiple priorities.
Working knowledge of Microsoft Office, particularly Excel.
Ability to collaborate with teams and provide constructive training or mentorship.

Responsibilities

Analyze and underwrite small business and SBA 7(a) loan applications, including Community Advantage loans when applicable.
Review business and personal financial statements, tax returns, cash flow projections, and supporting documentation.
Perform comprehensive credit analysis and risk assessment to determine repayment capacity and collateral adequacy.
Ensure compliance with SBA SOP requirements and familiarity with SBA systems such as ETRAN.
Prepare clear and concise credit memoranda with data-driven lending recommendations.
Evaluate business financial performance trends and identify strengths, weaknesses, and potential risks.
Collaborate with loan officers, processors, and closing teams to ensure timely and accurate loan decisions.
Provide guidance, constructive feedback, and mentorship to team members as needed.
Maintain strong customer service standards while communicating loan decisions, conditions, and requirements.
Manage multiple loan files efficiently while meeting production and compliance deadlines.
Stay current on SBA lending guidelines, regulatory updates, and internal policy changes.