Full-Time
Bilingual Business Development Manager
Confirmed live in the last 24 hours
Lendbuzz
201-500 employees
Provides auto loans for international students
Mid
Pasadena, CA, USA
Position requires onsite presence in Pasadena, CA.
- Bilingual in Spanish and English is required.
- Outstanding customer service, communication, and organizational skills.
- High level of integrity and ethical standards.
- 3+ years of experience in the automotive sales industry.
- Familiarity with Salesforce, HubSpot, or other CRM tools.
- Strong sense of teamwork, with the ability to work independently.
- Respond to applications and inquiries from dealer prospects nationwide.
- Ensure successful business transactions while maintaining strong relationships with our partners.
- Provide excellent customer service to dealerships and clients.
- Support Lendbuzz’s dealer base, including both current and prospective dealers.
- Actively participate in the development and refinement of our sales process.
- Become an expert on the terms, tools, and processes of our underwriting and financing programs.
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 goal of Lendbuzz is to make auto financing more accessible to those who typically face challenges in obtaining loans.
Company Stage
N/A
Total Funding
$246.1M
Headquarters
Boston, Massachusetts
Founded
2015
6 month growth
↑ 21%1 year growth
↑ 29%2 year growth
↑ 77%
Simplify's Take
What believers are saying
- Securing $100 million from Japan's largest bank and a $330 million forward flow agreement with AB CarVal Funds indicates strong financial backing and growth potential.
- The company's innovative use of AI and alternative data allows it to serve a broader range of customers, potentially leading to higher market penetration.
- Recent asset-backed securitizations, including a $219 million deal, demonstrate Lendbuzz's ability to attract significant investment and expand its loan offerings.
What critics are saying
- The reliance on advanced data analytics and machine learning models may pose risks if these technologies fail to accurately assess creditworthiness.
- The niche focus on international students and professionals could limit market size and growth opportunities.
What makes Lendbuzz unique
- Lendbuzz leverages advanced data analytics and machine learning to assess creditworthiness, unlike traditional lenders that rely heavily on credit scores.
- The company specifically targets international students and professionals, a niche market often underserved by conventional financial institutions.
- Lendbuzz's seamless, user-friendly online application process sets it apart from more cumbersome traditional loan procedures.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Dental & health insurance
401(k)
Company outings
Fitness center
Unlimited PTO
Stocked kitchen
Company issued hardware
Cool swag
Flexible working hours