Business Loan Processing Specialist

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20four7VA

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 2010

🤝 B2B

🛍️ eCommerce

☁️ SaaS

B2B • eCommerce • SaaS

20four7VA is a dedicated virtual assistant services company that provides customizable remote staffing solutions for businesses of all sizes. They offer a wide range of virtual assistant services, including administrative, business support, marketing, and technical assistance, helping clients to achieve efficiency and reduce overhead costs. With a robust team of skilled VAs, 20four7VA ensures that clients can focus on growing their business while their various needs are met by qualified professionals.

📋 Description

• Process SBA, SBA Express, working capital, business lines of credit, business credit cards, equipment financing, and other commercial loan/funding applications • Collect, review, and organize required borrower documentation • Prepare complete loan files for submission • Verify documentation accuracy and lender requirements • Monitor loan progress and communicate updates internally • Ensure loan files are complete and meet lender submission requirements • Maintain accurate loan documentation and processing records • Coordinate with lenders, funding partners, and financial institutions as needed • Support file management and compliance throughout the funding process • Recommend operational improvements that increase efficiency and scalability • Help establish repeatable loan processing workflows • Assist in documenting procedures and best practices • Identify opportunities to automate repetitive administrative tasks • Support the development of scalable operational systems • Maintain spreadsheets and funding pipeline tracking reports • Organize borrower files and supporting documentation • Support general administrative functions related to business loan processing • Assist leadership with operational reporting, workflow management, and pipeline updates

🎯 Requirements

• Previous experience processing SBA and SBA Express loans required • Experience processing working capital loans required • Experience processing business lines of credit required • Experience processing business credit cards preferred • Experience processing equipment financing preferred • Experience working with commercial lending, business funding, or business finance companies required • Strong understanding of lender documentation requirements • Familiarity with multiple commercial funding products and underwriting documentation • Microsoft Excel and Google Sheets proficiency • Strong organizational and administrative skills • Experience supporting a growing lending operation preferred

🏖️ Benefits

• Competitive rates • Weekly payments • Various open roles are available • Free training and upskilling • Constant support and guidance • A vibrant community always ready to support you • And more!