Business Development Internship

Premium Merchant Funding (PMF) is a dynamic and rapidly growing Wall Street based funding company dedicated to supporting Small and Medium-sized Businesses (SMBs) in achieving their financial goals. With offices in the US (NYC, LA, Miami, Detroit, etc.) and Canada (Montreal, Toronto) we specialize in providing customized funding solutions through traditional and alternative channels to empower SMBs with the capital they need to thrive and succeed in today's competitive and renewed business landscape.
 

Job Description

With constantly growing demand for financial services for small businesses, we are hiring more Financial specialists to join our team.  As a Funding Specialist, you will play a pivotal role in assisting SMBs with their financial needs, facilitating the funding process, and building lasting relationships with our clients.

The highly competitive and fast paced environment makes it the perfect job for business or commerce graduates and ex-pro athletes that are hungry for success and financial freedom. All while learning from the top 1% sales people on Wall Street.

Our mission is to support small business growth by providing financing, innovative business solutions, and guidance. 

In doing so, here’s what your day-to-day will look like: 

• Client Consultation: Engage with business owners to understand their business needs, assess financial situation, and provide expert advice on suitable funding solutions.
• Application Process Management: Guide clients through the funding application process, ensuring all required documentation is submitted accurately and in a timely manner.
• Client Outreach: Actively reach out to prospective clients via phone, email, or other communication channels to introduce PMF's financial products and services.
• Product Knowledge: Provide accurate and detailed information about PMF's products, terms, rates, and repayment options to clients.
• Risk Assessment: Conduct thorough risk assessments on funding applications, analyzing financial statements, credit reports, and other relevant information to make informed funding decisions.
• Relationship Building: Maintain strong relationships with existing clients, ensuring their satisfaction and identifying opportunities for additional funding or cross-selling.
• Collaboration: Work closely with the underwriting and legal teams to ensure compliance with regulatory requirements and internal policies.
• Training: Stay informed about industry trends, competitor offerings, and changes in the financial landscape to contribute to the development of innovative funding solutions.

Qualifications:

• Bachelor's degree in Finance, Business Administration or a related field (or ongoing)
• 1-3 years sales experience (optional, but a plus) 
• Excellent communication and interpersonal skills, with the ability to build rapport with clients.
• Strong work ethic and drive to succeed
• Ability to meet targets and work in a team environment
• Detail-oriented and able to manage multiple tasks efficiently.
• Technologically savvy: proficient in Microsoft and Google suite

Here’s what you get for being up for the challenge: 

• Extensive sales training and mentorship 
• Deep insight into a Wall Street firm
• Real-world knowledge of how businesses operate and generate revenue
• All the tools you need to be successful: trading desk/station, sales platform, fresh leads, and coffee
• High energy office environment with collaborative teammates
• Uncapped commission, our top reps  make over $500kUSD/year
• Opportunity to move up and lead a team
• Opportunities to participate in small business financing (syndication)
• Industry best base salaries for qualified sales people
• Base salary and reduced commission is available option (for qualified candidates only)