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- Tasks: Proactively source new Asset Based Lending business from professional introducers.
- Company: Join a reputable and innovative Asset Based Lending provider in the Midlands.
- Benefits: Enjoy a competitive salary, bonus potential, car allowance, pension, and more perks.
- Why this job: Be part of a dynamic team promoting market-leading finance products with real impact.
- Qualifications: Proven sales experience in Receivables or Asset Backed Finance is essential.
- Other info: A strong network of introducers is crucial for success in this role.
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 reputable Asset Based Lending provider in the Midlands.
Working for this 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 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 third-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
✨Tip Number 1
Network, network, network! Since this role relies heavily on building relationships with Professional Introducers like accountants and solicitors, make sure to attend industry events and local business meet-ups in the Midlands. This will help you establish connections that could lead to potential referrals.
✨Tip Number 2
Familiarise yourself with the latest trends in asset-based lending. Being knowledgeable about current market conditions and innovative finance products will not only boost your confidence but also impress potential employers during discussions.
✨Tip Number 3
Prepare to discuss your previous successes in sales, particularly in receivables or asset-backed finance. Have specific examples ready that demonstrate your ability to close deals and build lasting relationships with clients.
✨Tip Number 4
Showcase your understanding of financial accounting principles. Since the role involves deal structuring and financial due diligence, being able to speak confidently about these topics will set you apart from other candidates.
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 highlights your experience in sales, particularly in Asset Based Lending or similar financial products. Emphasise your proven track record and any relevant achievements that demonstrate your ability to source new business.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your established network of Professional Introducers and how you plan to leverage it for business development in the Midlands.
Highlight Relevant Skills: In your application, focus on skills that are crucial for the role, such as deal structuring, financial due diligence, and relationship management. Use specific examples to illustrate how you've successfully applied these skills in previous roles.
Show Enthusiasm for the Industry: Demonstrate your passion for Asset Based Lending and the finance industry in general. Mention any relevant trends or innovations that excite you and how you see them impacting the market, which will show your commitment to staying informed and engaged.
How to prepare for a job interview at Business Money Promotions Ltd
✨Know Your Product Inside Out
Make sure you have a deep understanding of Asset Based Lending and the specific products offered by the company. Be prepared to discuss how these products can benefit potential clients and how they differ from competitors.
✨Leverage Your Network
Since the role requires sourcing new business from Professional Introducers, come prepared with examples of your existing network. Highlight any successful partnerships you've built in the past and how you plan to leverage them for this position.
✨Demonstrate Financial Acumen
Showcase your knowledge of financial accounting and its practical applications during the interview. Be ready to discuss how you’ve used this knowledge in previous roles to structure deals or conduct due diligence.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and ability to handle challenges in deal structuring or client acquisition. Think of specific examples from your past experiences that demonstrate your capabilities in these areas.
