Business Advisor - Startup Loans

Business Advisor - Startup Loans

Nottingham Full-Time 22000 - 36000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Engage with start-up customers and guide them through the loan application process.
  • Company: Join a dynamic team supporting entrepreneurs with government-backed loans.
  • Benefits: Enjoy a competitive salary, bonuses, pension, and employee discounts.
  • Why this job: Make a real impact by helping new businesses thrive in your community.
  • Qualifications: No specific experience required; just bring your passion for helping others succeed.
  • Other info: Work full-time, Monday to Friday, in a collaborative environment.

The predicted salary is between 22000 - 36000 £ per year.

Job Description

Key Responsibilities:\\n\\n * Have phone conversations with potential start-up business customers who have enquired about our government-backed start-up loan scheme\\n\\n * Explain the loan application process in detail and coach applicants on what documents and information they will need to submit\\n\\n * Assist clients with developing thorough business plans, financial forecasts, and other supporting documents required as part of the application\\n\\n * Analyse applicants' business proposals and plans to conduct due diligence as per company credit policy guidelines\\n\\n * Prepare written recommendations and reports on loan applicants for the Credit Assessor to evaluate\\n\\n * Follow up with applicants to request any missing documentation and information needed before submitting their full application\\n\\n * Attend networking and entrepreneur events to promote our Start-Up Loans and connect with the start-up community\\n\\n * Develop relationships with local business support organisations who can refer start-up loan leads\\n\\n * Continually expand product knowledge of the different government-backed business lending programmes\\n\\n * Accurately input and update customer details using our CRM system, Atlas portal and Office 365 programmes\\n\\n * Prepare weekly status reports on application pipeline and conversion rates\\n\\n * Achieve monthly targets for new start-up business loan applications submitted\\n\\n * Provide excellent customer service throughout the application process, answering all applicant queries in a clear, patient and prompt manner\\n\\n * Signpost customers to relevant external organisations\\n\\nJob Type: Full-time\\n\\nPay: £26,000.00-£30,000.00 per year\\n\\nAdditional pay:\\n\\n * Bonus scheme\\n\\n * Performance bonus\\n\\n * Quarterly bonus\\n\\nBenefits:\\n\\n * Company pension\\n\\n * On-site parking\\n\\n * Employee discounts\\n\\nSchedule:\\n\\n * Monday to Friday\\n\\nWork Location: In person

Business Advisor - Startup Loans employer: First Enterprise - Enterprise Loans

As a Business Advisor for Startup Loans, you will thrive in a dynamic and supportive work environment that prioritizes employee growth and development. Our company offers competitive salaries, a robust bonus scheme, and a comprehensive benefits package, including a pension plan and employee discounts. Located in a vibrant community, you'll have the opportunity to engage with local entrepreneurs and business support organizations, fostering meaningful connections while making a significant impact on the startup landscape.
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Contact Detail:

First Enterprise - Enterprise Loans Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Advisor - Startup Loans

✨Tip Number 1

Familiarize yourself with the government-backed start-up loan scheme. Understanding the specifics of the program will help you confidently explain the application process to potential clients.

✨Tip Number 2

Network actively within the start-up community. Attend local entrepreneur events and connect with business support organizations to build relationships that can lead to referrals for loan applications.

✨Tip Number 3

Enhance your skills in analyzing business proposals and financial forecasts. This will not only help you conduct thorough due diligence but also prepare you to provide valuable feedback to applicants.

✨Tip Number 4

Stay organized and proactive in following up with applicants. Keeping track of missing documentation and maintaining clear communication will ensure a smooth application process and improve customer satisfaction.

We think you need these skills to ace Business Advisor - Startup Loans

Excellent Communication Skills
Customer Service Orientation
Business Analysis
Financial Forecasting
Report Writing
Attention to Detail
Networking Skills
Relationship Building
CRM Software Proficiency
Time Management
Problem-Solving Skills
Coaching and Mentoring
Knowledge of Business Lending Programs
Adaptability
Goal-Oriented

Some tips for your application 🫡

Understand the Role: Make sure you fully understand the responsibilities of a Business Advisor for Startup Loans. Familiarize yourself with the loan application process and the types of documents applicants will need.

Tailor Your CV: Highlight relevant experience in customer service, financial advising, or business planning. Use specific examples that demonstrate your ability to coach clients and analyze business proposals.

Craft a Compelling Cover Letter: In your cover letter, express your passion for helping startups and your understanding of government-backed loan schemes. Mention any experience you have in networking or working with local business support organizations.

Showcase Your Communication Skills: Since the role involves phone conversations and providing clear guidance, emphasize your strong communication skills. Provide examples of how you've successfully assisted clients or customers in the past.

How to prepare for a job interview at First Enterprise - Enterprise Loans

✨Understand the Loan Application Process

Make sure you have a clear understanding of the loan application process. Be prepared to explain it in detail, as this will demonstrate your knowledge and ability to coach applicants effectively.

✨Showcase Your Analytical Skills

Be ready to discuss how you would analyze business proposals and conduct due diligence. Providing examples from past experiences can help illustrate your analytical capabilities.

✨Emphasize Customer Service Skills

Since providing excellent customer service is crucial for this role, prepare to share examples of how you've handled customer queries in a clear and patient manner in previous positions.

✨Network and Build Relationships

Highlight any experience you have with networking or building relationships with local business support organizations. This shows that you understand the importance of community connections in promoting start-up loans.

Business Advisor - Startup Loans
First Enterprise - Enterprise Loans
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