Senior Commercial Credit Analyst – Equipment Financing

NewLane Finance; Philadelphia (Philadelphia County); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401k with match

Flexible spending

Job summary

NewLane Finance is seeking a Credit Analyst to review, underwrite, and decision commercial equipment finance requests. The qualified candidate will independently assess credit worthiness according to NewLane’s policies, working with dealers and sales teams.

Responsibilities include reviewing credit reports, evaluating financial statements, and presenting credit decisions to Credit Management. The role requires 3+ years in small business financing and a bachelor’s degree in finance or related

Qualifications

• Bachelor’s degree in finance, Economics, Accounting or related business fields required.
• 3+ years of related experience required, preferably within the small business financing or leasing industry.
• Strong understanding of business tax returns, financial statements, and business concepts.
• Excellent Microsoft Office Suite including Excel and computer literacy skills required.

Responsibilities

• Review and evaluate credit risk for commercial businesses, with ticket sizes ranging from $10,000 to $500,000.
• Interpret commercial and consumer reports to render sound credit decisions.
• Underwrite transactions according to NewLane’s policy and procedures.
• Review and decide transactions within delegated credit authority.
• Prepare and present credit approval summaries to Credit Management.
• Qualify and approve equipment dealers and collateral to be financed.
• Uphold audit procedures and internal controls in duties.
• Perform fraud checks and due diligence in underwriting.

Skills

Financial analysis

Credit evaluation

Communication skills

Team collaboration

Education

Bachelor's degree in finance or related field

Tools

Excel

D&B reports

Paynet

Job description

NewLane Finance is seeking a Credit Analyst to review, underwrite, and decision commercial equipment finance requests. The qualified candidate will independently assess credit worthiness according to NewLane’s policies, working with dealers and sales teams.

Responsibilities include reviewing credit reports, evaluating financial statements, and presenting credit decisions to Credit Management. The role requires 3+ years in small business financing and a bachelor’s degree in finance or related