SBA Credit Underwriter — Growth-Focused Finance Role

Velocity Vehicle Group; Irving (TX); On-site; USD 95,000 - 120,000; Full time

Benefits offered by this job

Fantastic culture

401k match

Health, Dental & Vision Insurance

HSA & FSA

Employer paid Life Insurance

Paid Vacation Days

Sick Leave

Employee discounts

Excellent Training and Career Progress

Job summary

Velocity Vehicle Group’s VelocitySBA division seeks an experienced SBA loan underwriter to assess 7(a) applications under supervision of Credit Team Lead/Manager. You will spread financials, review third-party reports, and prepare credit memos aligned with policy.

Join a fast-growing team with a collaborative culture, gain professional development, and help small businesses access growth capital across real estate, equipment and working capital needs.

Qualifications

• Minimum 3-5 years of SBA 7(a) loan underwriting and spreading.
• Strong speaking and presentation skills.
• Basic understanding and knowledge of SBA eligibility and guidelines.
• Ability to identify and mitigate credit risks.
• Ability to analyze and interpret financial statements, business reports and legal documents.
• Good judgment and problem-solving skills.
• Proficient business writing skills.

Responsibilities

• Underwrite SBA 7(a) loan transactions and perform due diligence under supervision of Credit Team Lead/Manager.
• Spread and analyze financial information from loan applicants and evaluate against internal Credit Policies.
• Order 3rd party reports (Appraisal, Environmental, Business Valuation) with approval.
• Prepare Credit Memorandum and ensure alignment with policies and SBA guidelines.
• Coordinate processing of approved loans according to customer needs and policies.
• Exercise discretionary judgment in preparing and recommending credit approvals to Loan Committee.
• Coordinate with Closing Team to efficiently process transactions.

Skills

Underwriting

Financial analysis

Credit risk

Written communication

Job description

Velocity Vehicle Group’s VelocitySBA division seeks an experienced SBA loan underwriter to assess 7(a) applications under supervision of Credit Team Lead/Manager. You will spread financials, review third-party reports, and prepare credit memos aligned with policy.

Join a fast-growing team with a collaborative culture, gain professional development, and help small businesses access growth capital across real estate, equipment and working capital needs.