MERCHANT CASH ADVANCE BROKER

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TYPE OF WORK

Full Time

SALARY

500 monthly-800 monthly Depending on Experince

HOURS PER WEEK

40

DATE POSTED

Aug 6, 2024

JOB OVERVIEW

Responsibilities include building a broker network in the MCA industry, facilitating credit decisions, monitoring deal performance metrics, maintaining market share, and achieving volume targets.

• Client Acquisition: Identify and approach potential clients who may benefit from merchant cash advance services. Utilize various channels such as networking, referrals, cold calling, and digital marketing.
• Sales Process Management: Guide clients through the MCA process, from initial contact to funding. This includes understanding their financial needs, presenting suitable solutions, and assisting with application completion.
• Relationship Building: Develop and maintain strong relationships with clients, ensuring high levels of satisfaction and repeat business. Provide ongoing support and address any concerns or questions.
• Market Analysis: Stay informed about industry trends, competitor offerings, and regulatory changes. Use this knowledge to refine sales strategies and maintain a competitive edge.
• Documentation and Compliance: Ensure all client documentation is accurate and complete. Adhere to company policies and industry regulations throughout the sales and funding process.
• Performance Metrics: Meet or exceed sales targets and other key performance indicators (KPIs). Regularly report on sales activities, pipeline status, and forecasted revenue.

Qualifications:
• Experience: Proven experience in sales, financial services, or merchant cash advance industry.
• Skills: Strong negotiation, communication, and interpersonal skills. Ability to explain complex financial products in a clear and compelling manner.
• Analytical Ability: Capable of assessing client financials to determine eligibility and appropriate funding amounts.
• Self-motivation: Driven and goal-oriented with the ability to work independently and as part of a team.
• Education: Bachelor’s degree in finance, business
. Proficient In English With degree

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