Full-Time
Market Development Manager
Confirmed live in the last 24 hours
Lendbuzz
201-500 employees
Provides auto loans for international students
No salary listed
Senior, Expert
Jackson Township, NJ, USA
Candidates must be based in New Jersey.
- 7+ years of leadership experience in Automotive F&I or Lending
- A strong network of dealer contacts
- Proven track record of signing, training, and growing dealer partnerships
- Ability to thrive in a fast-paced, high-growth environment
- A data-driven mindset with a passion for market analysis and strategy
- 80% travel within the region – You know success happens in the field, not behind a desk
- Fluency in Spanish & English is a plus
- Grow Our Dealer Network – Leverage your sales expertise and strong industry relationships to bring new dealerships onboard.
- Be a Trusted Advisor – Train and support dealers on how to maximize profitability through Lendbuzz’s cutting-edge financing solutions.
- Deliver a First-Class Experience – Collaborate with underwriting and inside sales teams to ensure smooth transactions and top-tier service for both dealers and consumers.
- Analyze & Strategize – Stay ahead of industry trends, pinpoint growth opportunities, and continuously refine our market approach.
- Expand Our Footprint – Use data-driven insights to determine market share potential and build the right field sales team to fuel our expansion.
- Recruit & Lead – Partner with our Sales Recruiting Team to hire, train, and mentor top-tier talent who will take Lendbuzz to the next level.
- Fluency in Spanish & English is a plus
Lendbuzz provides auto loans specifically designed for international students and professionals in the United States who may struggle to secure financing through traditional lenders. The company uses advanced data analytics and machine learning to evaluate the creditworthiness of borrowers, focusing on a wider range of financial and personal data rather than just credit scores. This approach allows Lendbuzz to cater to a niche market that is often overlooked by conventional financial institutions. Borrowers can apply for loans online, verify their information easily, and sign documents digitally, making the process user-friendly. Lendbuzz earns revenue by charging interest on loans and may also receive fees from car dealerships for facilitating the loan process. The company's goal is to make auto financing accessible to those who typically face challenges in obtaining loans.
Company Size
201-500
Company Stage
N/A
Total Funding
$2.4B
Headquarters
Boston, Massachusetts
Founded
2015
Simplify's Take
What believers are saying
- Lendbuzz secured a $400 million agreement with Viola Credit in 2023.
- The company won the Consumer Lending Innovation Award in 2023.
- Lendbuzz's user-friendly online process appeals to younger demographics.
What critics are saying
- Increased competition from fintech companies could erode Lendbuzz's market share.
- Regulatory scrutiny on AI models may impact Lendbuzz's operations.
- Economic downturns could affect demand for auto loans and borrower repayment.
What makes Lendbuzz unique
- Lendbuzz uses AI to assess creditworthiness beyond traditional credit scores.
- The company targets international students and professionals with limited U.S. credit history.
- Lendbuzz partners with auto dealerships to offer attractive financing solutions.
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Benefits
Dental & health insurance
401(k)
Company outings
Fitness center
Unlimited PTO
Stocked kitchen
Company issued hardware
Cool swag
Flexible working hours
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 2%2 year growth
↑ 0%Lendbuzz announced the launch of Express Contract, an AI Auto Loan Approval offering for dealers financing borrowers with thin to no credit history.
Lendbuzz wins "consumer Lending Innovation Award" in 9th annual FinTech Breakthrough Awards Program.
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization
Lendbuzz announces a new $400 million forward flow agreement with Viola Credit.
Lendbuzz welcomes Steve Linehan to board of directors.