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Lendio

Marketplace for small business loans

Junior Account Executive

Account ExecutiveConfirmed live in the last 24 hours
Full-timeNew York, NY, USAIn-person

About the Job

Requirements

  • Previous inside sales, business-to-business sales, banking, lending, or financial experience is preferred.
  • Ability to analyze and comprehend complex financial data and provide financial alternatives.
  • Ability to learn quickly, accept coaching, and close deals.
  • Ability to stay self-motivated and highly organized.
  • Ability to communicate clearly and effectively, verbally and in writing.

Responsibilities

  • Act as automation support rather than being supported by automation.
  • Regularly reach out to merchants who are not eligible for financing options.
  • Help merchants secure personal financing when business financing is not available.
  • Understand capital loan requirements.
  • Analyze business plans.
  • Perform thorough needs analyses with borrowers.
  • Create return-on-investment comparisons of various capital options.
  • Suggest and negotiate terms of funding deals.
  • Oversee the entire loan process from initial customer contact to closing the loan, using full-cycle sales.
  • Place 60–100 calls daily and convert warm leads into repeat clients.

About the Company

Lendio

Marketplace for small business loans

Lendio is a financial technology company that operates a loan marketplace for small businesses in the United States. It provides an online platform where business owners fill a single application to access multiple financing options from banks, credit unions, and alternative lenders, including SBA loans, term loans, lines of credit, and equipment financing. Lenders pay Lendio a referral fee when a loan is funded, so the company earns money only when its customers secure financing. The platform simplifies the loan search by quickly connecting borrowers with a wide lender network and presenting tailored options, helping small businesses start, grow, or sustain operations. Lendio differentiates itself through its extensive lender network and a performance-based revenue model that aligns incentives with borrowers. The company's goal is to make it easier for small businesses to obtain affordable funding and support economic growth by streamlining the financing process.

Company size
201-500
Company stage
Series E
Total funding
$107M
Headquarters
Lehi, UT
Founded
2011

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