SBA Business Development Officer

The Agency; Illinois; Remote; USD 80,000 - 120,000; Full time

Job summary

A leading company is seeking an experienced SBA Business Development Officer to join their remote team. The ideal candidate will excel in business development and credit underwriting with expertise in SBA lending to source, structure, and close loans while maintaining strong client relationships.

Benefits

Competitive base salary plus uncapped commission structure

Remote work flexibility

Full benefits package including health, dental, vision, 401(k), and PTO

Professional development support and continuing education opportunities

Qualifications

• Minimum of 3 years of experience in SBA lending.
• Strong understanding of credit fundamentals and cash flow analysis.
• Self-motivated and capable of working independently in a remote environment.

Responsibilities

• Source and develop new SBA loan opportunities.
• Evaluate and structure loan transactions to meet eligibility.
• Collaborate with internal teams to ensure a smooth lending process.

Skills

Credit fundamentals

Communication

Negotiation

Business development

Evaluation and structuring of loan transactions

Education

Bachelor’s degree in Business, Finance, Accounting, or a related field

Tools

CRM tools

Microsoft Office Suite

Job description

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Position Summary:

We are seeking an experienced and driven SBA Business Development Officer (BDO) to join our team in a fully remote capacity. The ideal candidate will have a strong background in business development and credit underwriting, with at least three (3) years of SBA lending experience. This role is focused on sourcing, structuring, and closing SBA 7(a) and 504 loans nationwide, while working closely with internal credit, closing, and servicing teams to ensure a smooth lending process from origination through funding.

Key Responsibilities:

• Source and develop new SBA loan opportunities through a variety of channels, including referral networks, COIs (centers of influence), brokers, and direct outreach.
• Evaluate and structure SBA 7(a) and 504 loan transactions to meet eligibility and credit requirements.
• Conduct preliminary financial analysis to assess borrower qualifications and creditworthiness.
• Collaborate with credit analysts, underwriters, closers, and legal teams to move deals efficiently through the loan process.
• Maintain a deep understanding of SBA SOPs, eligibility requirements, and policy changes.
• Build and manage a robust pipeline of deals and meet or exceed production goals.
• Develop long-term client relationships and act as a trusted advisor to small business owners.
• Represent the company at industry conferences, networking events, and online forums to expand presence and lead generation.
• Maintain detailed records of activity in the company CRM and pipeline management systems.

Qualifications:

• Minimum of 3 years of experience in SBA lending, with a proven track record of originating and closing SBA 7(a) and/or 504 loans.
• Strong understanding of credit fundamentals, including business and personal financial statement analysis, cash flow, and debt service coverage.
• Deep knowledge of SBA guidelines and the end-to-end loan process.
• Excellent interpersonal, communication, and negotiation skills.
• Self-motivated, organized, and capable of working independently in a remote environment.
• Experience managing and growing a referral network across various industries.
• Proficiency with Microsoft Office Suite and CRM tools (e.g., Salesforce, HubSpot, etc.).

Preferred Qualifications:

• Bachelor’s degree in Business, Finance, Accounting, or a related field.
• Experience working with franchise, acquisition, or partner buyout loans.
• Established referral sources in industries such as healthcare, hospitality, logistics, or professional services.

Benefits & Compensation:

• Competitive base salary plus uncapped commission structure.
• Remote work flexibility with minimal travel requirements.
• Full benefits package, including health, dental, vision, 401(k), and PTO.
• Professional development support and continuing education opportunities.

For additional information, please reach out to Kelli Jamison at 773.573.2993 or email [e-mail]

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development

• Industries

  Banking

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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