Credit Underwriter – Nonprofit Lending

B Generous•Los Angeles, CA

3d•$70,000 - $80,000•Remote

About The Position

B Generous is a fast-growing VC-backed fintech company transforming access to capital for nonprofits and social enterprises. Our advanced AI-powered lending marketplace connects nonprofits seeking flexible financing with a network of bank and nonbank lending partners who want to deploy capital into an underserved market. We support financings ranging from $25,000 to $50 million, secured against grants, receivables, donations, and future revenue streams. By combining cutting-edge technology, machine learning, predictive analytics, and deep domain expertise, B Generous is redefining nonprofit finance in the United States. Joining B Generous offers the rare opportunity to work at the intersection of fintech, finance, and social impact, while helping organizations access the capital they need to grow their missions. We are seeking a highly analytical and detail-oriented Credit Underwriter – Nonprofit Lending to evaluate nonprofit borrowers, assess repayment capacity, identify risk factors, and support financing recommendations across multiple lending partners. This role is ideal for someone with strong financial analysis skills who understands that nonprofit underwriting differs from traditional commercial lending and can evaluate both financial resilience and operational sustainability. The successful candidate will work closely with leadership, lenders, and borrowers to support transaction structuring and credit decision-making.

Requirements

4+ years of relevant experience in: Commercial lending, Credit analysis, SBA underwriting, Nonprofit lending, Specialty finance, CDFI underwriting
Strong financial statement analysis skills
Ability to interpret nonprofit financials and Form 990 filings
Strong Excel or Google Sheets capability
Clear written and verbal communication
Ability to manage multiple active opportunities simultaneously
Comfortable working independently in a remote environment
Ability to use Docusign, Salesforce, standard LOS systems (lending origination systems)

Nice To Haves

Experience working with nonprofits, social enterprises, or mission-driven borrowers
Familiarity with nonprofit accounting and revenue structures
Exposure to lending platforms, fintech, or private credit environments
Clear and reasoned judgment when presenting a credit decision, which must be defensible
Strong attention to detail
Proactive and ambitious
Analytical mindset
Clear and decisive communicator – communicate often and openly
Able to prioritize and manage multiple concurrent transactions in a fast-paced environment

Responsibilities

Analyze borrower financial information, including: Audited financial statements, IRS Form 990 filings, Internal management reports, Budgets and financial forecasts
Assess key credit indicators including: Liquidity, Unrestricted net assets, Operating performance, Debt service capacity, Revenue concentration, Donor dependency, Grant timing exposure, Net Income trends
Calculate and interpret: Debt service coverage ratios, Days cash on hand, Working capital trends, Leverage ratios, Operating reserves
Evaluate financing requests for: Working Capital Term loans, Bridge loans, Lines of credit, Receivables-backed facilities, Revenue-based financing products
Structuring Term Sheets which include: Loan amount, Term, Pricing, Repayment structure, Collateral requirements, Covenant considerations
Prepare concise underwriting summaries and credit memoranda for: Internal review, Lender presentation, Credit discussions