At a Glance
- Tasks: Help clients secure unsecured business loans and build strong relationships.
- Company: Join a rapidly growing firm in the business loan funding sector.
- Benefits: Enjoy remote work, competitive salaries, and bonus opportunities.
- Why this job: Be part of a dynamic team with real progression and impact on businesses.
- Qualifications: Experience in Commercial Finance is essential for this role.
- Other info: This is a fantastic opportunity for motivated individuals looking to grow.
The predicted salary is between 36000 - 60000 Β£ per year.
Our firm is a fast growth firm of Business Loan Funders. We have grown quickly over the last 8 years through a series of organic growth and through acquisition. We are now expanding our team of Business Loan Brokers.
As a Business Loan Broker, you will be responsible for assisting our clients with their unsecured business loan requirements. The role will include:
- Converting inbound enquiries
- Submitting proposals
- Negotiating with clients
- Building relationships
- Working towards targets
In return, we pay great basic salaries and competitive bonus & commission. Youβre able to work from home and true progression is available. You must have experience in Commercial Finance either as a Lender, Funder, Commercial Finance Broker or Business Loan Broker.
Business Loan Broker employer: OnDeck Limited
Contact Detail:
OnDeck Limited Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Business Loan Broker
β¨Tip Number 1
Familiarise yourself with the latest trends in commercial finance and unsecured business loans. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the industry.
β¨Tip Number 2
Network with professionals in the finance sector, especially those who have experience as Business Loan Brokers or in similar roles. Attend industry events or join online forums to build connections that could lead to referrals or insider information about job openings.
β¨Tip Number 3
Prepare to discuss your previous experiences in commercial finance in detail. Be ready to share specific examples of how you've successfully converted enquiries, negotiated deals, and built client relationships, as these are key aspects of the role.
β¨Tip Number 4
Research our firm thoroughly before applying. Understanding our growth story, values, and the specifics of our loan products will allow you to tailor your approach and show us why you're a great fit for our team.
We think you need these skills to ace Business Loan Broker
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your experience in Commercial Finance. Focus on roles where you've worked as a Lender, Funder, or Broker, and emphasise any achievements related to loan proposals and client negotiations.
Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the Business Loan Broker position. Mention specific experiences that demonstrate your ability to convert enquiries and build relationships with clients.
Showcase Your Skills: Highlight key skills relevant to the role, such as negotiation, relationship-building, and target achievement. Use examples from your past work to illustrate how you've successfully applied these skills.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is crucial in the finance industry.
How to prepare for a job interview at OnDeck Limited
β¨Know Your Commercial Finance Basics
Make sure you brush up on your knowledge of commercial finance. Understand the different types of loans available and be prepared to discuss how they can benefit clients. This will show your expertise and help you build credibility during the interview.
β¨Demonstrate Your Negotiation Skills
Since negotiating with clients is a key part of the role, be ready to share examples of past negotiations you've successfully handled. Highlight your strategies and how you achieved favourable outcomes for both parties.
β¨Showcase Relationship-Building Abilities
Building relationships is crucial in this role. Prepare to discuss how you've developed and maintained client relationships in previous positions. Use specific examples to illustrate your approach and the positive results that followed.
β¨Be Target-Oriented
The firm is looking for someone who can work towards targets. Be prepared to talk about your experience with meeting or exceeding targets in previous roles. Share metrics or achievements that demonstrate your ability to drive results.