Job title: Business Development Representative, Alternative Lending Company: Premium Merchant Funding Location: Fresh Meadows, Queens, NY (On site) Employment type: Full time, 1099 Seniority: Entry level / Associate Industry: Financial Services
Business Development Representative, Alternative Lending
Fresh Meadows, Queens | On site | Year one OTE $60,000 to $125,000
Manhattan money without the Manhattan commute.
If you are riding the E train into the city every morning, you already know the trade. Two hours a day and an LIRR ticket for a number that has not kept up with your rent. This role is the number without the commute.
About Premium Merchant Funding
We are one of the largest brokerage platforms in the alternative lending industry. Twelve years ago we were one office and today we are 26 offices across 4 countries, with international lender partners, 30+ capital products, more than $7 billion in funded deals, and a new headquarters at 1 New York Plaza.
We are a performance based organization every one of those 26 offices is run by someone who started in this exact seat. They picked up the phone, built a book of business that pays them year after year, and now create that same opportunity for the people on their floor.
At we PMF we take pride in funding American businesses when the big banks say no. Restaurants, contractors, trucking companies, clinics, and retailers who need capital in days, not quarters.
What You Will Do
- Work warm inbound leads from business owners actively seeking capital
- Build relationships over the phone and qualify the opportunity
- Generate funding applications and hand off to our closing team
- Manage and grow your own book of returning and referring clients
- Compete on a live sales floor where the scoreboard is public
What We Are Looking For
- Charisma, confidence, high energy, and a real reaction to a scoreboard
- The ability to make a stranger a friend in ninety seconds on the phone
- Comfort working in office, on the phone, every day
- Sales experience is a plus, whether that was the door, the phone, or the floor
- Veterans, college athletes, campus leaders, and recent graduates are strongly encouraged to apply
What Success Looks Like
On target earnings. Year one OTE $60,000 to $125,000. Year two OTE $100,000 to $250,000.
A book you own. Most sales roles reset to zero on the first of the month. This one does not. Clients return and refer, which is why year three on this desk looks nothing like year one.
A growing industry. Alternative lending expands every time traditional credit tightens. Deal flow grows with economic pressure instead of against it.
The Office
Utopia Center, Fresh Meadows, in reach of Flushing, Bayside, Jamaica Estates, and Kew Gardens Hills. The Q46, Q48, and Q45 stop at the center and there is parking on site.