SBA Business Development Officer

Overview

This role serves as an SBA Business Development Officer (BDO), working closely with the National Sales Manager and SBA Loan Coordinator to develop and process SBA 7a, 504, and USDA loan opportunities within assigned markets. The position involves taking and processing applications from referral sources and direct prospects, managing deals through the credit and closing process, and coordinating complete loan application packages for SBA credit review.

Responsibilities

• Work with referral sources and direct prospects to identify, qualify, and package SBA and USDA loan opportunities.
• Maintain working knowledge of SBA underwriting criteria.
• Manage identified deals from the field through the Denver operations center.
• Provide complete loan packages to SBA Credit or Secondary Market credit underwriters.
• Assist SBA Closers or Secondary Market closers with loans funded by investors and/or interim loan closings.
• Develop and manage loan referrals from qualified mortgage and business brokers.
• Pre-qualify, propose, package, and assist credit and closing for 7a and 504 loan packages from mortgage and business brokers.
• Multitask effectively and meet critical deadlines.
• Keep management informed of current activities and significant issues.
• Maintain a clean, secure, and well-maintained work area.

Requirements

• Minimum 5 years of SBA experience.
• Knowledge of SBA underwriting, financial analysis, and SBA regulations.

Key Competencies

• Skilled with Microsoft Word, Excel, Outlook, and related software applications.
• Strong verbal and written communication skills.
• Strong organization skills; ability to multitask and attention to detail.
• Ability to prioritize and work well under pressure.
• Ability to work in a team environment and adapt to change.
• Ability to manage multiple projects and deadlines simultaneously in a fast-paced, high-production professional environment.

Education and Experience

• Minimum 5 years of SBA experience.
• Knowledge of SBA underwriting, financial analysis and SBA regulations.