Business Consultant

CLARUS CONSULTANCY PTE. LTD.; Singapore; On-site; SGD 40,000 - 70,000; Full time

Job summary

A leading consultancy firm in Singapore seeks a Business Loan Consultant to assist businesses in securing financing. This role involves analyzing financial needs, guiding clients through loan options, and ensuring successful applications. The consultant will foster strong relationships with clients and facilitate effective communication with lenders throughout the loan process.

Benefits

Full commission-based pay

Performance-based bonuses

Qualifications

• Strong verbal and written communication skills.
• Ability to negotiate and manage client relationships effectively.
• Capable of problem-solving to find suitable loan options.

Responsibilities

• Analyze clients' financial needs and advise on loan options.
• Assist clients in preparing and submitting loan applications.
• Build long-term relationships with clients and offer support.

Skills

Excellent communication skills

Negotiation skills

Interpersonal skills

Problem-solving abilities

Job description

A Business Loan Consultant helps businesses secure financing by advising on loan options, preparing applications, and ensuring they meet the requirements for the loans they need. Below is a detailed job description:

Job Title: Business Loan Consultant
Job Summary:

A Business Loan Consultant works with entrepreneurs, small business owners, and large corporations to guide them in obtaining the right type of financing for their business operations, expansion, or capital needs. They analyze financial documents, assess the needs of their clients, and recommend the best loan products. The consultant will also assist with completing loan applications, and may provide post-loan support.

Key Responsibilities:

• Loan Advisory: Analyze clients' financial needs and business goals.
  Provide guidance on loan options, including SBA loans, equipment financing, lines of credit, term loans, and other financial products.
  Advise clients on interest rates, repayment schedules, and terms of the loan.
  Help clients understand their eligibility and the potential impact of taking on a loan.
• Application Assistance: Assist clients in preparing necessary documentation for loan applications, including financial statements, business plans, tax returns, and other required materials.
  Ensure loan applications are complete, accurate, and submitted on time.
  Communicate with lenders on behalf of clients to track the progress of applications and address any issues.
• Loan Packaging: Create customized loan proposals based on the client’s financial status and needs.
  Work with lenders to match businesses with appropriate loan products.
  Provide support through the entire loan approval process, from submission to closing.
• Client Relationship Management: Build strong, long-term relationships with business clients by understanding their financing needs and offering personalized loan solutions.
  Provide ongoing support to businesses after they secure financing, offering guidance on loan repayment or refinancing options.
• Compliance and Risk Management: Ensure that clients' loan applications comply with applicable laws and regulations.
  Analyze and assess the risks of lending, including reviewing credit scores, financial health, and business performance.

Required Skills & Qualifications:

• Skills: Excellent communication skills, both verbal and written.
  Strong negotiation and interpersonal skills.
  Problem-solving abilities to match the best loan options for clients.

Working Conditions:

• Full-time.
• Some travel may be required to meet clients or lenders.

Compensation:

• This is a full commission-based pay. Potential for performance-based bonuses based on loan approvals.

This role is essential for business owners looking to grow, expand, or stabilize their companies through appropriate financing options. The consultant plays a key part in bridging the gap between businesses and lenders.