About the Company
We are seeking a highly organized and experienced Business Loan Processing Specialist VA to support the administration and processing of commercial funding products. The ideal candidate will have direct experience working within a business lending, commercial finance, or business funding environment and possess a strong understanding of lender documentation requirements, loan processing workflows, and funding operations.
About the Role:
This role will play a key part in supporting loan production, maintaining accurate documentation, improving operational efficiency, and helping develop scalable processes to support business growth.
Responsibilities:
Loan Processing
- Process and manage applications for:
- SBA Loans
- SBA Express Loans
- Working Capital Loans
- Business Lines of Credit
- Business Credit Cards
- Equipment Financing
- Alternative Business Funding Products
- Collect, review, and organize borrower documentation.
- Verify application completeness and compliance with lender requirements.
- Prepare loan files for submission to lenders and funding partners.
- Monitor application progress and maintain accurate status updates.
- Ensure all files meet lender submission standards and timelines.
Funding Operations
- Coordinate with lenders, funding partners, and financial institutions throughout the funding process.
- Maintain accurate records and loan documentation.
- Track milestones from application through funding.
- Identify and resolve documentation or processing issues.
- Support compliance and file management requirements.
- Ensure timely follow-up on outstanding conditions and lender requests.
Process Improvement & Operations Support
- Recommend workflow enhancements to improve efficiency and scalability.
- Assist in developing standardized operating procedures and best practices.
- Identify opportunities for automation and process optimization.
- Support operational reporting and funding pipeline management.
- Contribute to building scalable systems that support business growth.
Administrative Support
- Maintain spreadsheets, tracking reports, and funding pipelines.
- Organize borrower files and supporting documentation.
- Provide administrative support related to loan processing and funding operations.
- Assist leadership with reporting, workflow management, and operational updates.
Qualifications:
- Previous experience processing SBA and SBA Express loans.
- Experience processing working capital loans.
- Experience processing business lines of credit.
- Experience within a commercial lending, business funding, or business finance company.
- Strong understanding of commercial lending documentation and submission requirements.
- Proficiency with Microsoft Excel, Google Sheets, and Microsoft Office Suite.
- Excellent organizational, documentation, and file management skills.
- Strong attention to detail and ability to manage multiple applications simultaneously.
- Excellent written and verbal communication skills.
Required Skills:
- Experience processing business credit cards.
- Experience processing equipment financing.
- Familiarity with commercial lending platforms.
- Experience using CRM and document management systems.
- Experience supporting a growing lending operation.
- Background in workflow development, process improvement, or operations management.
Preferred Skills:
- Experienced in business lending and commercial funding operations.
- Process-driven with a continuous improvement mindset.
- Highly organized, detail-oriented, and proactive.
- Comfortable working independently in a remote environment.
- Strong problem-solving and critical-thinking abilities.
- Committed to delivering exceptional service and operational excellence.
Schedule:
Hours: 10 hours per week
Days: Monday to Friday
Working Time: 12:00 PM – 2:00 PM EST
Location: Remote
Equal Opportunity Statement:
We are committed to diversity and inclusivity.
Application Process:
The recruitment process includes:
- Basic Skills Assessment
- Application Requirements Review
- Initial Interview
- Job-Specific Assessment
- Final Interview
