Processor II

Lendistry; Los Angeles (CA); Hybrid; USD 33,000 - 48,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401(k) Match

Birthday Day Off

Paid Holidays

Gym facilities

Job summary

Lendistry is seeking a Processor II in Los Angeles to review and submit SBA loan requests, coordinate with borrowers and internal teams, and ensure complete package retrieval and compliance with SBA guidelines. The role focuses on handling SBA 7(a) and 504 loans throughout the processing lifecycle.

A key priority is managing administrative and logistical aspects, gathering documentation and ensuring adherence to product guidelines.

Qualifications

• Strong knowledge of SBA lending programs, including SBA 7(a) and 504.
• Familiarity with SBA SOP guidelines, eligibility standards, and compliance documentation.
• Experience reviewing financial statements, tax returns, entity documents, and supporting loan documentation.

Responsibilities

• Process and review SBA loan files for completeness and compliance.
• Coordinate with borrowers and internal teams to obtain SBA-required documentation.
• Prepare and maintain loan files for SBA 7(a), 504, and other government-guaranteed programs.
• Identify and resolve documentation deficiencies and processing conditions.
• Monitor timelines and follow up on outstanding conditions to support timely funding.

Skills

SBA lending knowledge

Document review

Attention to detail

Communication

MS Office

Tools

Loan origination systems

Document management

Microsoft Office

Job description

Lendistry is an Equal Opportunity/Affirmative Action Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, or membership in any other group protected by federal, state, or local law.

If you need assistance or accommodation due to a disability, you may contact us at [e-mail]

Lendistry does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with Lendistry, a Master Services Agreement (MSA) must be executed and confirmed prior to submitting any information relating to a potential candidate. Without a signed MSA, Lendistry shall not be responsible to any individual or entity for any payment relating to any form of fee or compensation.

And, in the event that a resume or candidate is submitted by a recruiter, an employment agency, or a staffing firm without a fully executed MSA, Lendistry has the unrestricted right to pursue and hire any of those candidate(s) without any legal or financial responsibility to the recruiter, agency, and/or firm.

This posting is intended to establish a pool of qualified candidates for anticipated hiring needs. Submission of an application does not guarantee an interview or immediate employment opportunity. Candidates who meet the qualifications may be contacted as positions become available.

A Day in the Life

The Processor II will be responsible for reviewing and submitting loan requests from small business owners to underwriting; following up with customers by email and phone to ensure completion of loan packages. A key priority for the Processor II is to manage the administrative and logistical aspects of loan applications, ensuring they are processed efficiently. This will include collecting and organizing all necessary documentation for loan applications, while maintaining a thorough understanding of all product guidelines and documentation requirements to provide appropriate guidance for each customer Some travel may be required.

• This position is eligible for a hybrid schedule after 30 days of employment, with three (3) days onsite and two (2) days remote per week.***

Lendistry: Who We Are

We’re proud to be the nation’s largest minority-led, tech‑savvy lender for small businesses and commercial real estate. As a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE), our mission is all about creating economic opportunities and fueling growth for small business owners and their communities. Join us as we pave the way with innovative financing and financial education!

What You’ll Be Doing

• Process and review SBA loan files to ensure completeness, accuracy, and compliance with SBA SOP guidelines and internal lending requirements.
• Coordinate with borrowers, Relationship Managers, Underwriters, Closers, and third parties to obtain and validate SBA-required documentation.
• Prepare and maintain loan files for SBA 7(a), 504, and other government‑guaranteed lending programs throughout the processing lifecycle.
• Identify and resolve documentation deficiencies, compliance gaps, and processing conditions in a timely manner.
• Ensure all SBA eligibility, collateral, and documentation requirements are met prior to loan approval and closing.
• Monitor pipeline timelines and proactively follow up on outstanding conditions to support efficient loan processing and funding.
• Maintain accurate records and data integrity within lending systems and document repositories.
• Stay current on SBA procedural updates, SOP changes, and regulatory requirements impacting loan processing operations.
• Perform other duties as assigned to support the efficient and effective operation of the department and that help to make Lendistry the best place to work!

Your Areas of Knowledge and Expertise

• Strong knowledge of SBA lending programs, including SBA 7(a), 504, and government‑guaranteed loan processing requirements.
• Familiarity with SBA SOP guidelines, eligibility standards, and compliance documentation requirements.
• Experience reviewing financial statements, tax returns, entity documents, and supporting loan documentation for completeness and accuracy.
• Understanding of SBA loan lifecycle processes, including processing, underwriting support, closing coordination, and funding preparation.
• Ability to interpret and apply federal lending regulations, internal policies, and SBA compliance standards.
• Strong organizational skills with the ability to manage multiple SBA loan files in a fast‑paced environment.
• Proficiency with loan origination systems, document management platforms, and Microsoft Office applications.
• Excellent communication and follow‑up skills when working with borrowers, internal stakeholders, and external partners.

Why You’ll Love Working Here

• Comprehensive Medical, Dental, and Vision Insurance
• Generous Paid Time Off
• Birthday Day Off
• 12 Paid Company Holidays
• 401(k) Match
• FSA and HSA
• Paid Life Insurance
• Paid Disability Insurance
• Pet Insurance
• Employee Assistance Program (EAP)
• Professional Development Courses
• In Office Provided Snacks and Drinks
• Gym Facilities (LA & Tustin/CEC Offices)
• In Office Engagement Activities

Compensation Range

Base pay is one part of our total compensation package and is determined within a range.

This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $24 - $35 an hour.

Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.

The position will also have a monthly variable compensation amount based on production.

Physical Requirements

This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.

ACKNOWLEDGEMENT

B.S.D. Capital, Inc. dba Lendistry is an equal employment opportunity employer committed to providing its employees, applicants and other covered persons with equal opportunities without regard to race, color, age (40 or older), religious creed (including religious belief, practice or dress and grooming practices), national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender (including pregnancy, childbirth or medical condition related to pregnancy or childbirth), gender expression, gender identity, sexual orientation, military or veteran status (including past, current or prospective service), or any other characteristic protected under applicable federal, state or local law.