Loan Officer – East Michigan

Position Status:  OPEN – Accepting Resumes – Send to gary@glcf.org.

Join Great Lakes Commercial Finance (GLCF) and become part of a team dedicated to providing vital capital access to small businesses across Michigan. As a Certified Development Company, GLCF facilitates commercial loans through the U.S. Small Business Administration’s 504 Loan Program, empowering businesses with the resources needed for real estate and equipment acquisition. Dating back to 1980, GLCF has been a cornerstone in fostering small business growth. Headquartered in the greater Grand Rapids area, our dynamic team of ten employees is committed to making a difference.

Are you passionate about fostering relationships and driving financial growth? GLCF is seeking a full-time Loan Officer to serve the East Michigan market. In this role, you will spearhead the development and marketing of an assigned territory, utilizing various networking avenues to cultivate strong ties with commercial lenders. From assessing initial eligibility to shepherding projects through to funding, you will play a pivotal role in the loan process.

Responsibilities include but are not limited to:

      • Develop and market assigned territory through events, presentations, and networking.
      • Determine initial eligibility, credit, and loan structure of opportunities.
      • Collaborate with Third-Party Lenders (TPL) and borrowers to gather required application documentation.
      • Present the loan to one of GLCF’s Loan Committees as needed.
      • Address questions or issues from SBA in a timely manner.
      • Notify the lender and/or borrower of the approval.
      • Collaborating with the Closing Department to ensure smooth funding disbursement.

Requirements

The person in this position should have at least a bachelor’s degree in business, finance, accounting, or a related field and at least three years of relevant lending experience or three to six years of commercial lending experience.  Working knowledge of the SBA programs would be very beneficial.  Travel throughout designated counties is required for this position.  Other requirements and core competencies for this position include but are not limited to:

      • Integrity – Earns trust, maintains confidence, and follows through on commitments.
      • Efficiency – Delivering high output with minimal wasted effort.
      • Intelligence – Rapidly grasping and applying new information in a dynamic regulatory landscape.
      • Collaboration – Building productive relationships within a team environment.
      • Self-directed and results-oriented.
      • Strong written and oral communication skills.
      • Exceptional attention to detail and organizational abilities.

Compensation and Benefits:

      • Salary plus bonus based on loan volume;
      • Benefits include Medical and Dental Insurance, a Health Savings Account, Expense Reimbursement, a 401k, and PTO time.
      • Please Note:

      • This Organization participates in E-Verify
        Esta Organización participa en E-Verify