SBA Loan Closer

Overview

This role supports SBA loan closing and documentation for SBA 7(a) and Express loans, including complex structures and multi-facility transactions. Responsibilities span regulatory compliance, detailed document review, client and stakeholder communication, and coordination with internal teams and third-party providers.

Responsibilities

• Manage an active pipeline of SBA 7(a) and Express loans, including complex structures and multi-facility transactions.
• Interpret and apply SBA SOP guidelines throughout the closing process to ensure compliance.
• Conduct detailed document reviews to confirm SBA compliance and resolve issues with minimal oversight.
• Partner with clients and advisors to collect and review both SBA-required and lender-required documentation, such as:
  • Leases
  • Franchise agreements
  • Purchase/sale agreements
  • Financials
• Build trust with borrowers by resolving concerns and maintaining a high standard of professionalism in all borrower interactions.
• Communicate closing conditions and funding timelines clearly to borrowers and stakeholders, ensuring accuracy and professionalism.
• Review and validate credit approvals, authorization documents, and closing conditions for SBA eligibility.
• Ensure loans are properly collateralized, documented, and disbursed per SBA and bank standards.
• Collaborate with internal teams, legal counsel, and third-party providers (title, escrow, appraisers, environmental) to meet SBA closing requirements.
• Perform other duties as assigned, adapting to new tasks or shifting priorities as needed.

Requirements

• Bachelor’s degree or equivalent work experience.
• Strong foundation in SBA loan closing and documentation.
• Commitment to regulatory compliance and client service.

Required Skills

• High proficiency (typically 3–5 years of work or practical experience) in:
  • SBA Loan Processing: Managing an active pipeline of SBA 7(a) and Express loans, including complex structures and multi-facility transactions.
  • Regulatory Compliance: Interpreting and applying SBA SOP guidelines throughout the closing process.
  • Credit Review: Reviewing and validating credit approvals, authorization documents, and closing conditions for SBA eligibility.
  • Documentation Management: Ensuring loans are properly collateralized, documented, and disbursed per SBA and bank standards.
  • Client Communication: Communicating closing conditions and funding timelines clearly to borrowers and stakeholders.

Preferred Qualifications

• High proficiency across the following skill areas:
  • Collaboration: Partnering with clients, advisors, internal teams, legal counsel, and third-party providers (e.g., title, escrow, appraisers, environmental).
  • Document Review: Conducting detailed document reviews to confirm SBA compliance and resolve issues with minimal oversight.
  • Organization & Prioritization: Managing multiple transactions and deadlines with strong attention to detail.
  • Technology Proficiency: Using Microsoft Office tools (Outlook, Word, Excel, PowerPoint).
  • Customer Service: Demonstrating professionalism, responsiveness, and trust-building in client interactions.

Compensation & Benefits

• Total Base Pay Range: 54,400.00 - 111,500.00 USD annual
• This role is eligible to participate in an incentive compensation plan, with any payment based upon company, line of business, and/or individual performance.
• Comprehensive benefits programs supporting physical, financial, emotional, and social well-being.

Location

• Virtual, Ohio 00000

Additional Information

• No unsolicited resumes: attention search firms and staffing agencies—unsolicited resumes will not be accepted.
• Equal Employment Opportunity: employment decisions are made without regard to protected status under applicable law.