Loan Processor - SBA
About The Position
FranFund is an award-winning funding partner that helps entrepreneurs seeking to purchase a franchise determine how to finance it. They have been named the #1 Banking and Financing Supplier in Franchising by Entrepreneur Magazine for 3 years in a row. They are looking for a detail-oriented, self-motivated Loan Processor to join their fast-paced team. This role is crucial to operations, guiding potential borrowers through the process of creating comprehensive SBA loan requests and securing lender proposals. The ideal candidate thrives under pressure, has a strong understanding of financial software, solid math skills, and the ability to deliver results in a high-energy environment. Experience in loan sales, SBA processing, or highly organized roles like account management, recruiting, paralegal/legal secretary work, insurance processing, or business development is encouraged.
Requirements
- 2+ years of experience in business operations, administrative, insurance, finance or legal industries preferred
- Proficient in computer/technical skills (Adobe, Microsoft Office)
- Strong communication and interpersonal skills
- Excellent attention to detail and ability to manage multiple tasks in a fast-paced environment
- Professional writing skills for clear, concise business correspondence
- Ability to analyze financial statements, credit reports, business plans, and other financial documents
- Familiar with Small Business Administration (SBA) loans
- Works well under pressure and tight deadlines
Nice To Haves
- Salesforce experience is a plus
Responsibilities
- Manage large client pipelines from loan packaging to funding completion
- Guide clients on loan program requirements, including process, timing, and documentation
- Ensure accuracy in completing loan documentation for lender credit approval
- Prepare and present loan request packages to a network of lenders
- Communicate with third parties involved in the process (e.g., franchisors, franchise consultants)
- Stay current on lender policies and SBA Standard Operating Procedures (SOPs)
- Build and maintain lender relationships to effectively negotiate and represent client needs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
