Full-Time
Vice President of Business Development
Loan Partnerships & Origination
Updated on 9/4/2026
altbanq
Alternative business financing platform
Compensation Overview
$90k - $110k/yr
New York, NY, USA
In Person
On-site in Midtown New York City, with travel to prospects and partners as needed.
 Sales & Account Management (1) |
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- 5-8 years of experience in business development, partnerships, or sales leadership, with a proven track record in fintech, commercial lending, or financial services.
- Significant experience leading business development efforts, building strategic partnerships, and growing loan origination pipelines.
- Strong understanding of term loans and cash flow-based financing.
- Experience leading cross-functional teams and using communication, negotiation, and relationship-building skills.
- Ability to develop and execute long-term revenue strategies aligned with company goals.
- Proficiency with customer relationship management tools, including Salesforce, and sales enablement platforms.
- Ability to work in a fast-paced, results-driven environment.
- Willingness to travel as needed to meet with partners and prospects.
- Identify, source, initiate, and establish partnerships with investment banks, insurance brokers, private equity funds, financial advisors, trade associations, and other referral sources to build a personal pipeline of commercial loan leads.
- Oversee and manage efforts to build a pipeline of direct business borrowers through relationship-building, outbound strategies, and industry engagement.
- Work with the Chief Revenue Officer to develop and execute a business development strategy aimed at scaling loan origination and maximizing revenue generation.
- Collaborate with internal teams to create co-marketing initiatives and partner tools that enhance lead flow and improve partner efficiency.
- Lead, mentor, and collaborate with the business development team to achieve individual and collective goals.
- Partner with the marketing and underwriting teams to ensure alignment and execution.
- Maintain an understanding of industry trends, competitor offerings, and regulatory changes in alternative lending to guide strategy.
- Travel as necessary to meet with key prospects, partners, and stakeholders in person.
- An existing portfolio of referral partners, strategic contacts, or relationships within the small and medium-sized business lending ecosystem.
- Prior experience in a leadership role within fintech or business lending.
altbanq is a financial technology company connecting businesses with financing options. The company supports applications and matching for working capital, lines of credit, equipment financing, and other commercial funding products. It serves small and midsize businesses, business owners, lenders, and referral partners. Its operating model centers on a digital intake and finance marketplace supported by underwriting coordination and customer service. Teams work across financial technology, sales, underwriting support, partnerships, operations, compliance, and service. Its work connects business finance expertise with coordinated delivery for small-business owners.
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
2017
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Simplify's Take
What believers are saying
- Altbanq posted active hiring for analysts, controller, and business development in 2026.
- LinkedIn posts in March-April 2026 show repeat deal activity across contractors and pest control.
- Altbanq's faster underwriting and 24-hour decisions support small businesses needing immediate capital.
What critics are saying
- Altbanq filed a lawsuit against Stewart Knives on January 14, 2026.
- Trellis shows Altbanq litigated Brady Ward Enterprises in Ontario County on August 15, 2023.
- Revenue depends on short-term lenders and merchants; charge-offs can erase funding gains.
What makes altbanq unique
- Altbanq offers same-day business lending and payment processing from its New York HQ.
- Altbanq underwrites $100,000-$10,000,000 loans with Plaid-linked, 24-month structures.
- Altbanq combines financing and payments, including zero-interest loans tied to processing.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Commuter Benefits
401(k) Retirement Plan
Health Savings Account/Flexible Spending Account
Performance Bonus
Company News
Precipio, Inc. has secured a $250,000 loan from Altbanq Lending LLC, with a steep 20% interest rate and weekly repayments of $5,769.24, totaling $300,000 excluding fees.