Remote Loan Processor, Small Business Funding (UT)

Fundwell; Lehi (UT); Hybrid; USD 40,000 - 60,000; Full time

Job summary

Rail Capital in Utah is seeking a hands-on Loan Processor to move small business funding files from submission to funded. You will verify documents, clear conditions, prepare contracts, and release funds so funding happens the same day wherever possible.

This is a fast-paced, high-volume role requiring meticulous attention to detail and proactive communication with brokers and merchants by phone and email. You will collaborate with product and engineering to automate repeatable parts of the

Qualifications

• Two to four years processing, closing, or funding small business loans.
• Experience at Bluevine, OnDeck, or a comparable online lender is strongly preferred.
• Ability to read business bank statements and spot mismatches.
• Strong attention to detail; a wrong account number or missed signature is a real loss.
• Clear, quick communication with brokers and merchants by phone and email.

Responsibilities

• Intake new submissions from brokers and direct merchants: check the application, bank statements, and identification for completeness and chase what is missing.
• Package files for underwriting so the underwriter never waits on a document.
• Clear conditions to fund: voided check, proof of ownership, driver license, landlord or mortgage verification, tax returns, payoff letters, and any stipulation the underwriter sets.
• Verify what you are given: bank login verification, business entity and good standing checks, ownership match, OFAC screening, and identity checks.
• Spot altered statements, mismatched ownership, and other fraud signals and elevate before contracts go out.
• Prepare and send contracts for signature, review executed documents for errors, and correct them fast.
• Run the funding call with the merchant and confirm terms, payment amount, and payment schedule.
• File UCC financing statements and set up the payment schedule with the servicer or payment processor.
• Release the wire and confirm receipt. Send broker and merchant funding confirmations.
• Keep the system of record current on every file: status, conditions, notes, and documents.
• Coordinate payoffs and balance letters on renewals and consolidations.
• Work with the product and engineering team to automate the repeatable parts of the workflow.

Skills

Loan processing

High-volume funding

Bank statements

UCC filings

KYC compliance

Attention to detail

Communication

Organized under volume

Tools

Salesforce

Electronic signatures

Bank verification

Job description

Rail Capital in Utah is seeking a hands-on Loan Processor to move small business funding files from submission to funded. You will verify documents, clear conditions, prepare contracts, and release funds so funding happens the same day wherever possible.

This is a fast-paced, high-volume role requiring meticulous attention to detail and proactive communication with brokers and merchants by phone and email. You will collaborate with product and engineering to automate repeatable parts of the