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Business Development Trainee

Premium Merchant Funding

  • New York, NY
  • 30+ days ago
  • $120,000 Per Year
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Skills

  • Brokerageunmatched
  • Business Developmentunmatched
  • Compensation and Benefitsunmatched
  • Customer Relationship Management (CRM) Systemsunmatched
  • Customer Trainingunmatched
  • Customer/Client Researchunmatched
  • Data Managementunmatched
  • Fundingunmatched
  • Leadershipunmatched
  • Loansunmatched
  • Office Managementunmatched
  • Regulationsunmatched
  • Sales Closing Skillsunmatched
  • Sales Cycleunmatched
  • Sales Managementunmatched
  • Sales Prospectingunmatched
  • Team Lead/Managerunmatched
  • Top Sales Repunmatched

Description

"Don't ever let somebody tell you you can't do something. Not even me. You got a dream, you protect it." — Will Smith, The Pursuit of Happyness

About Us:

Premium Merchant Funding is one of the largest brokerage platforms in the alternative lending industry.  Headquartered on Wall Street in the last 12 years we have positioned ourselves as a one stop shop for the capital needs of American business owners when the big banks take too long or say no due to new regulations. We have grown from a single office to an organization of 26 offices across 4 countries with partnerships across hundreds of lenders, allowing us to offer over 30 different products and solutions. Our Mission: To empower small and medium-sized businesses often overlooked by traditional banks, helping them not just survive, but thrive.

Overview:

This is a 1099 sales and consulting role with an uncapped commission compensation plan. You will build relationships with American business owners in order to gather four key pieces of information: how long they have been in business, what they will use the capital for, how much revenue they are generating, and whether they have any existing debt positions.

Using that information you will generate a funding application and submit it to our in-office closing team. Right now our in-office closers are funding 20 out of every 50 applications submitted. For you this means any representative submitting two applications a day is on pace to earn $120,000 or more in annual commissions.

Every client you fund becomes a page in a book of business you own. Those pages become repeat customers and referral sources. The ability to genuinely connect with people is a superpower in the alternative lending industry.

Key Responsibilities:

Prospecting: engage potential clients through multiple outreach channels.

Qualification: assess client needs and determine fit for our financial solutions.

Advocacy: educate potential clients on our products and services.

Closing: master sales techniques and manage your full sales cycle.

Data Management: maintain detailed and accurate records in our CRM system.

What We Offer:

This is a commission-based position with a highly competitive compensation structure. Top performers have the potential to earn $250,000 or more annually with no cap on earnings.

Two week hands-on training and ongoing development opportunities.

A supportive and high performance work environment.

A clear growth path from entry level to team manager achievable in 11 to 24 months.

Who We Hire

Veterans and Athletes: a disciplined mindset, a structured daily routine, the drive to grow within a competitive environment, and the ability to hold yourself accountable are the traits that build top performers and many of our office managers here at PMF.

College Grads in Greek Life or Club Leadership: our office culture was built around a post-graduate experience. Greeks and campus leaders have been running PMF since day one and the ability to be social while remaining professional connects naturally with American business owners. Many of our closers and team managers come from this profile.

Previous Sales Experience: if you have worked the door, the phone, or the floor, we know we can ramp you up faster than any other profile we recruit. This is a book of business style sale, meaning every client you fund can provide repeat business within the same year and referrals. Many of our top performers and desk managers come from this profile.

Apply Now:

We welcome your application. Visit pmfus.com for more information.

"If you want something, go get it. Period."

Numbers & Facts

LocationNew York, NY
IndustryBanking
Company Size50 to 99 employees
Year Founded2014
Websitehttp://www.pmfus.com

About Company

Premium Merchant Funding (PMF) is an alternative financial institution specializing in structuring financial products and offering business solutions for small businesses. PMF takes pride in its role in helping small businesses survive and thrive through challenging economic circumstances by providing access to capital. As globalization increases, American small businesses are facing increased competition from emerging markets, PMF is proud to be a strategic partner and advisor in their fight for sustainability and growth.

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