Credit Administration Coordinator

Laundrylux Inc.; West Nyack (NY); On-site; USD 55,000 - 85,000; Full time

Benefits offered by this job

Health benefits

401(k) with company matching

Paid Time Off

Paid Holidays

Profit Sharing

Employee Referral Program

Mentorship Program

Company Sponsored Training

Tuition Reimbursement

Job summary

LaundryLux, the North American supplier of Electrolux Professional & Wascomat equipment for laundromats and on-premises laundries, seeks a Credit Administration Coordinator. You will coordinate financial documentation, credit review packages, UCC filings, and funding checklists, serving as the hub among Credit, Sales, Customers, Vendors, and Funding teams.

The role demands high organization, attention to detail, and strong communication to move transactions from approval through funding

Qualifications

• Ability to review, organize, and accurately process financial and credit-related documentation.
• Strong organizational and administrative skills with exceptional attention to detail and accuracy.
• Strong written and verbal communication skills with the ability to communicate with customers and internal teams.
• Ability to manage multiple transactions, priorities, and deadlines simultaneously.
• Strong client follow-up skills with the ability to keep transactions moving forward.
• Strong problem-solving skills, with the ability to identify bottlenecks, resolve issues, and expedite matters when appropriate.
• Strong customer service orientation.
• Ability to collaborate effectively in a team environment.
• Demonstrated sense of ownership and accountability for assigned responsibilities.
• Proficiency with Microsoft Excel, Word, Outlook, and other business software.

Responsibilities

• Gather, organize, and maintain customer financial information and supporting documentation for credit review and underwriting.
• Assist with the preparation and organization of credit packages and supporting information.
• Review submitted documentation for completeness and identify missing or inconsistent information requiring follow-up.
• Coordinate UCC searches, filings, continuations, amendments, and releases as required.
• Assist with the preparation and tracking of loan and lease documentation.
• Ensure required documentation and credit approval conditions are satisfied prior to funding.
• Ensure all documentation and transaction processes are conducted in accordance with laws and regulations.
• Maintain up-to-date knowledge of compliance requirements related to credit, lending, and financial documentation.
• Promptly elevate any potential compliance or regulatory concerns to management.
• Maintain accurate electronic and physical transaction files.
• Manage funding checklists and coordinate collection of all required items prior to funding.
• Communicate with customers, vendors, lenders, and internal departments to resolve outstanding documentation and funding requirements.
• Coordinate transaction booking and funding activities to ensure accurate and timely processing.
• Verify required documentation, insurance, signatures, and other conditions are complete before funding.
• Assist with post-funding documentation and file completion.
• Serve as a primary administrative point of contact for customers and vendors regarding documentation and transaction requirements.
• Provide timely updates regarding outstanding items and funding status.
• Maintain professional and responsive communication with internal and external stakeholders.
• Escalate documentation, credit, or funding issues to the appropriate team member when necessary.

Skills

Organizational skills

Attention to detail

Written communication

Verbal communication

Multitasking

Follow-up skills

Problem solving

Customer service orientation

Team collaboration

Ownership and accountability

Education

High School Diploma or GED

Associates degree preferred

Tools

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

Join LaundryLux

Laundrylux is the North American supplier of Electrolux Professional & Wascomat equipment for Laundromats, Coin Laundries & On-Premises Laundries. From financing to repairs, Laundrylux provides a comprehensive set of services to help with all elements of commercial laundry.

Credit Administration Coordinator

What we are looking for:

The Credit Administration Coordinator supports the credit and equipment finance operations team at LaundryLux by coordinating the administrative and documentation activities required to move transactions efficiently from credit approval through documentation, funding, and booking.

This position serves as an important liaison among Credit, Sales, Customers, Vendors, Documentation, and Funding teams. The ideal candidate is highly organized, detail-oriented, comfortable working with financial information and transaction documentation, and able to manage multiple transactions while maintaining accuracy and timely follow-up.

Before we continue to dive into the requirements for the role let’s talk about Why you should join LaundryLux?

Career Advancement: We offer a career, not just a job. We invest in the personal and professional growth of every employee because we believe growth leads to both business impact and personal fulfillment.

Learning and Development: We foster a culture that encourages and promotes professional growth and development, with continuous learning

Diversity Initiatives: We are proud to have launched the Women’s Initiative focused on building a better workplace for women, providing support, and recognizing the talented women within our company.

LaundryLux Benefits:We offer a comprehensive benefits package including:

• Health benefits package including medical,dental & vision plans

• Life Insurance

• 401(k) with company matching

• Paid Time Off

• Paid Holidays

• Profit Sharing

• Employee Referral Program

• Mentorship Program

• Company Sponsored Training

• Tuition Reimbursement

Back to the role:

What you will do:

Credit & Financial Information

• Gather, organize, and maintain customer financial information and supporting documentation for credit review and underwriting.

• Assist with the preparation and organization of credit packages and supporting information.

• Review submitted documentation for completeness and identify missing or inconsistent information requiring follow-up.

UCC & Documentation

• Coordinate UCC searches, filings, continuations, amendments, and releases as required.

• Assist with the preparation and tracking of loan and lease documentation.

• Ensure required documentation and credit approval conditions are satisfied prior to funding.

• Ensure all documentation and transaction processes are conducted in accordance with relevant federal, state, and local laws and industry regulations (e.g., data privacy, anti-money laundering, and fair lending practices).

• Maintain up-to-date knowledge of compliance requirements related to credit, lending, and financial documentation.

• Promptly elevate any potential compliance or regulatory concerns to management.

• Maintain accurate electronic and physical transaction files.

Funding & Transaction Administration

• Manage funding checklists and coordinate the collection of all required items prior to funding.

• Communicate with customers, vendors, lenders, and internal departments to resolve outstanding documentation and funding requirements.

• Coordinate transaction booking and funding activities to ensure transactions are processed accurately and timely.

• Verify that required documentation, insurance, signatures, and other conditions are complete before a transaction is funded.

• Assist with post-funding documentation and file completion.

Customer & Vendor Communication

• Serve as a primary administrative point of contact for customers and vendors regarding documentation and transaction requirements.

• Provide timely updates regarding outstanding items and funding status.

• Maintain professional and responsive communication with internal and external stakeholders.

• Escalate documentation, credit, or funding issues to the appropriate team member when necessary.

What you should have:

• Ability to review, organize, and accurately process financial and credit-related documentation.

• Strong organizational and administrative skills with exceptional attention to detail and accuracy.

• Strong written and verbal communication skills with the ability to communicate with customers and internal teams.

• Ability to manage multiple transactions, priorities, and deadlines simultaneously.

• Strong client follow-up skills with the ability to keep transactions moving forward.

• Strong problem-solving skills, with the ability to identify bottlenecks, resolve issues, and expedite matters when appropriate.

• Strong customer service orientation.

• Ability to collaborate effectively in a team environment.

• Demonstrated sense of ownership and accountability for assigned responsibilities.

• Proficiency with Microsoft Excel, Word, Outlook, and other business software.

Education and Experience:

• High School Diploma or GED required. Associates degree preferred.

• 2+ years of experience in credit administration, commercial lending, equipment finance, banking, leasing, or a related financial-services environment preferred.

• Experience with loan, lease, or commercial finance documentation preferred.

• Familiarity with UCC filings and commercial financing documentation preferred.

• Experience with loan origination, CRM, ERP, or other document management systems is a plus.

Our Values:People, Share Responsibility, Integrity, Excellence, Customer Focused, Meaningfulness and Fun

If you are looking for your next challenge, then this is your chance to join our team of exceptionally talented, creative and innovative professionals. We want you!

We are an equal opportunity employer and we are committed to providing reasonable accommodations to individuals with disabilities in all aspects of the employment process. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

Our company participates in E-Verify.