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- Tasks: Proactively source new Asset Based Lending business and collaborate with finance professionals.
- Company: Reputable Asset Based Lending provider in the Midlands with a niche focus.
- Benefits: Market-leading salary, bonus potential, car allowance, pension, and more.
- Why this job: Join an innovative team and make a real impact in commercial finance.
- Qualifications: Proven sales experience in Receivables or Asset Backed Finance is essential.
- Other info: Dynamic role with opportunities for professional growth and networking.
The predicted salary is between 36000 - 60000 £ per year.
An opportunity has arisen for a highly motivated and successful sales professional to join the sales team of a highly reputable Asset Based Lending provider in the Midlands.
Working for this small but niche ABL business, the role requires a driven, outgoing commercial finance professional to proactively source new Asset Based Lending business from a network of Professional Introducers including Accountants, Solicitors, Brokers and/or Corporate Finance boutiques throughout your designated territory.
You will work closely with other areas of the business, particularly relating to deal structuring, financial due diligence and deal submission to Credit Committee to ensure successful new business acquisition.
This is an outstanding opportunity to join an established organisation promoting an innovative and market leading finance product. You will have a proven track record of selling either Receivables or Asset Backed Finance to businesses in addition to a comprehensive understanding of financial accounting and its practical applications. An established network of relevant 3rd party introducers is essential.
Market leading basic salary + excellent bonus potential, car/car allowance, pension and other benefits.
Business development manger – asset based lending Midlands employer: Business Money Promotions Ltd
Contact Detail:
Business Money Promotions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business development manger – asset based lending Midlands
✨Network Like a Pro
Get out there and connect with professionals in the asset-based lending space. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential introducers like accountants and solicitors. The more people you know, the better your chances of landing that dream job!
✨Show Off Your Expertise
When you get the chance to chat with hiring managers or industry contacts, make sure to highlight your track record in selling receivables or asset-backed finance. Share specific examples of your successes and how your understanding of financial accounting can benefit their business. Confidence is key!
✨Follow Up Like a Boss
After meeting someone or applying for a role, don’t just sit back and wait. Send a friendly follow-up email to express your continued interest and remind them of your qualifications. It shows initiative and keeps you on their radar!
✨Apply Through Our Website
We’ve got loads of opportunities listed on our website, so make sure to check it out! Applying directly through us not only streamlines the process but also gives you a better chance of being noticed by the right people. Let’s get you that job!
We think you need these skills to ace Business development manger – asset based lending Midlands
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Business Development Manager in Asset Based Lending. Highlight your experience in commercial finance and any relevant networks you have with introducers like accountants and solicitors.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this niche ABL business. Share specific examples of your success in sourcing new business and how you’ve worked with credit committees in the past.
Showcase Your Network: Since having an established network of introducers is essential, make sure to mention any key contacts you have in your application. This will show us that you’re ready to hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get you into our system quickly!
How to prepare for a job interview at Business Money Promotions Ltd
✨Know Your Numbers
As a Business Development Manager in asset-based lending, you need to be comfortable with financial metrics. Brush up on your understanding of receivables and asset-backed finance. Be ready to discuss how you've successfully used these in past roles to drive sales.
✨Network Like a Pro
Since the role involves sourcing new business from professional introducers, make sure you highlight your existing network. Prepare examples of how you've leveraged relationships with accountants, solicitors, or brokers to close deals. This will show you're already well-connected in the industry.
✨Understand the Company
Research the company thoroughly before your interview. Understand their market position, products, and recent news. This knowledge will help you tailor your answers and demonstrate your genuine interest in joining their team.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and approach to deal structuring. Think of specific examples where you've navigated challenges in financial due diligence or credit submissions, and be ready to share these stories.
