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  • Underwriter for Merchant Cash Advance (Great Neck, Long Island, New York)

    Underwriter for Merchant Cash Advance
    Seeking a Underwriter/ Credit Analyst for a developing Merchant Cash Advance company - National Advance Group

    Perform credit risk analysis on prospective and existing clients, and other operational duties.
    Prepare Lending Contracts
    Conduct credit and background checks on business and business owners
    Conduct verification of lease or ownership status of business premises -- by calling and verifying landlord references, mortgage payment status.
    Analyze bank Merchant Interviews to understand the nature of a client's business operations
    Perform recorded funding calls with merchants to review terms of loans
    Help to establish funding criteria, render credit decisions and credit approval guidelines.
    Maintain funding and repayment records, work with collections, aid in Operations and Account Management for the collection and workout of clients with credit difficulties.

    Required Skills & Responsibilities:
    Reviewing credit reports, bank statements and merchant statements
    Reviewing performance of existing cash advances
    Reviewing financial statements & credit reports
    Reviewing renewals, balances and payoffs
    File UCC & Searches
    Handling collection matters
    Applicant must have merchant cash advance underwriting experience

    Please email your resume including your salary history and Merchant Cash Advance experience for immediate and confidential consideration. We are open to the right candidate out of the area who prefers to work remotely.

    Great potential. Convenient location next to Great Neck LIRR station.

    Please email resume for more details.