Summary
The Business Loan Underwriter is responsible for analyzing, underwriting, and recommending approval or denial of small business and SBA 7(a) loan applications in accordance with organizational credit policies, SBA SOP guidelines, and risk management standards. This role evaluates borrower financial strength, creditworthiness, and risk exposure while ensuring compliance with SBA regulations and internal lending requirements.
Essential Duties And Responsibilities
Analyze and underwrite small business and SBA 7(a) loan applications, including Community Advantage loans when applicable.
Review business and personal financial statements, tax returns, cash flow projections, and supporting documentation.
Perform comprehensive credit analysis and risk assessment to determine repayment capacity and collateral adequacy.
Ensure compliance with SBA SOP requirements and familiarity with SBA systems such as ETRAN.
Prepare clear and concise credit memoranda with data-driven lending recommendations.
Evaluate business financial performance trends and identify strengths, weaknesses, and potential risks.
Collaborate with loan officers, processors, and closing teams to ensure timely and accurate loan decisions.
Provide guidance, constructive feedback, and mentorship to team members as needed.
Maintain strong customer service standards while communicating loan decisions, conditions, and requirements.
Manage multiple loan files efficiently while meeting production and compliance deadlines.
Stay current on SBA lending guidelines, regulatory updates, and internal policy changes.
Minimum Qualifications
Two (2) years of experience in business lending, loan underwriting, credit analysis, or a related financing role.
Experience reviewing and underwriting SBA 7(a) loans (Community Advantage experience preferred).
Familiarity with SBA SOP requirements and SBA application systems such as ETRAN preferred.
Associate or bachelor’s degree in business administration, finance, accounting, or a related field.
Strong analytical skills and the ability to make data-driven lending decisions.
Knowledge of business financial statements and tax returns.
Hands‑on experience and knowledge of Business Financial Statements.
Familiarity with business lending concepts, credit analysis, and risk assessment.
Great customer service, communication, and negotiation skills.
Ability to work efficiently under time constraints and manage multiple priorities.
Working knowledge of Microsoft Office, particularly Excel.
Ability to collaborate with teams and provide constructive training or mentorship.
Please note this job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Travel No travel is expected for this position.
Position Type, Days and Hours This is a full-time, exempt position. The days and hours of work are generally Monday through Friday, between 8:30 am and 5:30 pm, but working beyond that schedule may be necessary from time to time.
Physical Demands When working on-site, work is performed in a routine office environment. Prolonged sitting and some standing required. Occasionally lift, pull, carry and push items weighing up to twenty‑five (25) pounds. This job requires working under stressful conditions to meet deadlines and address unexpected work challenges.
LiftFund, Inc. is committed to providing equal employment opportunities for all our applicants and employees without regard to age, color, mental or physical disability, gender, gender identity, genetic information, marital status, military status, national origin, pregnancy, race, religion, sexual orientation, veteran status, or any other protected characteristic. Also, Organization provides reasonable accommodation, and it is committed to engaging in the interactive process.
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Essential Duties And Responsibilities
Analyze and underwrite small business and SBA 7(a) loan applications, including Community Advantage loans when applicable.
Review business and personal financial statements, tax returns, cash flow projections, and supporting documentation.
Perform comprehensive credit analysis and risk assessment to determine repayment capacity and collateral adequacy.
Ensure compliance with SBA SOP requirements and familiarity with SBA systems such as ETRAN.
Prepare clear and concise credit memoranda with data-driven lending recommendations.
Evaluate business financial performance trends and identify strengths, weaknesses, and potential risks.
Collaborate with loan officers, processors, and closing teams to ensure timely and accurate loan decisions.
Provide guidance, constructive feedback, and mentorship to team members as needed.
Maintain strong customer service standards while communicating loan decisions, conditions, and requirements.
Manage multiple loan files efficiently while meeting production and compliance deadlines.
Stay current on SBA lending guidelines, regulatory updates, and internal policy changes.
Minimum Qualifications
Two (2) years of experience in business lending, loan underwriting, credit analysis, or a related financing role.
Experience reviewing and underwriting SBA 7(a) loans (Community Advantage experience preferred).
Familiarity with SBA SOP requirements and SBA application systems such as ETRAN preferred.
Associate or bachelor’s degree in business administration, finance, accounting, or a related field.
Strong analytical skills and the ability to make data-driven lending decisions.
Knowledge of business financial statements and tax returns.
Hands‑on experience and knowledge of Business Financial Statements.
Familiarity with business lending concepts, credit analysis, and risk assessment.
Great customer service, communication, and negotiation skills.
Ability to work efficiently under time constraints and manage multiple priorities.
Working knowledge of Microsoft Office, particularly Excel.
Ability to collaborate with teams and provide constructive training or mentorship.
Please note this job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Travel No travel is expected for this position.
Position Type, Days and Hours This is a full-time, exempt position. The days and hours of work are generally Monday through Friday, between 8:30 am and 5:30 pm, but working beyond that schedule may be necessary from time to time.
Physical Demands When working on-site, work is performed in a routine office environment. Prolonged sitting and some standing required. Occasionally lift, pull, carry and push items weighing up to twenty‑five (25) pounds. This job requires working under stressful conditions to meet deadlines and address unexpected work challenges.
LiftFund, Inc. is committed to providing equal employment opportunities for all our applicants and employees without regard to age, color, mental or physical disability, gender, gender identity, genetic information, marital status, military status, national origin, pregnancy, race, religion, sexual orientation, veteran status, or any other protected characteristic. Also, Organization provides reasonable accommodation, and it is committed to engaging in the interactive process.
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