SBA Loan Closer

Primrose School Franchising Company • Atlanta, GA

4d • Hybrid

About The Position

At Primrose, our mission - to forge a path that leads to a brighter future for all children - is why we do what we do each day. Primroseprovides a life-changing early learning experience for children and their families. We believe who children become is as important as what they know. We believe who YOU are is as important as what you know. We make every effort to ensure everyone feels they belong in our Primrose community. Our commitment to Belongingness means we seek similarities and respect differences in our unique backgrounds, life experiences and perspectives. WHAT YOU WILL DO As the SBA Loan Closer/Franchise Finance Closing Manager, you will administer all REDA contracts and leases to ensure accurate and timely closings of all assignments, land and loan closings along with initiation and completion of the franchise finance process with the FranchiseOwner. You will coordinate and correspond with title companies, attorneys, Franchise Owners and lenders, keeping Franchise Owners updated on project status. This is a full-time, hybrid role. Responsible for ensuring all Franchise Owner, closing and due diligence data, files and communication is regularly uploaded to Franconnect Facilitate Contract review and summarize for School Development team while adhering to the contract requirements, processing extensions and funding escrow Initiates and completes the franchise finance process according to the Franchise Finance Guide Monitors and communicate dates and deadlines to all transaction parties and School Development team members Oversee and coordinate the closing process including but not limited to: Manage and coordinate project timeline with contract timeline, building permit timeline and financing timeline Work closely with lender to satisfy outstanding closing checklist items Prepare and send closing documents while ensuring all due diligence items are received and uploaded to FranConnect Responsible for reviewing the HUD Settlement Statement or Closing Statement for each closing Manage the collection of ledge balance and Primrose fees at closing via wire as well as closing ledger Responsible for sending out all post-closing invoices to the appropriate parties Assist Franchise Administration with collecting entity documents, making changes to Franchise Agreement, terminations, etc. Manage reporting (loan closings, ledger statements and CCBR) Process vendor invoices

Requirements

• Bachelor’s degree in a related field, preferred
• 5+ years’ related experience
• Experience in the financial and/or franchising industry
• Ability to build trusted relationships with internal and external partners
• Ability to tackle projects and make decisions with a high degree of autonomy
• Ability to manage time and competing priorities while delivering service excellence
• Agility and high attention to detail
• Proficiency in Microsoft Office Suite

Responsibilities

• Administer all REDA contracts and leases to ensure accurate and timely closings of all assignments, land and loan closings along with initiation and completion of the franchise finance process with the FranchiseOwner.
• Coordinate and correspond with title companies, attorneys, Franchise Owners and lenders, keeping Franchise Owners updated on project status.
• Responsible for ensuring all Franchise Owner, closing and due diligence data, files and communication is regularly uploaded to Franconnect
• Facilitate Contract review and summarize for School Development team while adhering to the contract requirements, processing extensions and funding escrow
• Initiates and completes the franchise finance process according to the Franchise Finance Guide
• Monitors and communicate dates and deadlines to all transaction parties and School Development team members
• Oversee and coordinate the closing process including but not limited to:
• Manage and coordinate project timeline with contract timeline, building permit timeline and financing timeline
• Work closely with lender to satisfy outstanding closing checklist items
• Prepare and send closing documents while ensuring all due diligence items are received and uploaded to FranConnect
• Responsible for reviewing the HUD Settlement Statement or Closing Statement for each closing
• Manage the collection of ledge balance and Primrose fees at closing via wire as well as closing ledger
• Responsible for sending out all post-closing invoices to the appropriate parties
• Assist Franchise Administration with collecting entity documents, making changes to Franchise Agreement, terminations, etc.
• Manage reporting (loan closings, ledger statements and CCBR)
• Process vendor invoices

Benefits

• 401(k)
• Dental insurance
• Health insurance
• Vision insurance
• Commission or bonuses based on personal and company performance
• 50% tuition reimbursement for up to three children and/or one grandchild at any Primrose School
• Full-time team members are eligible for health, dental and vision insurance
• 401k with company matching up to 3.5% and company provided life insurance
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees