Business Development Associate - VSBA Sales - Costa Mesa, CA
Velocity Vehicle Group
48k - 50k USD/year
Office
Costa Mesa, CA, US
Full Time
Who We Are:
VelocitySBA provides small business owners with access to growth capital through the SBA loan program. Having access to small business financing can give you the security and freedom to focus on other aspects of running your business. We can help you purchase commercial real estate and equipment, provide growth capital financing, deliver debt refinance solutions, aide with business acquisition/partner buyout, and assist small business owners with their startups.
What’s in it for You:
VelocitySBA is one of the fastest growing SBA lending institutions in the country and is actively seeking motivated individuals interested in a career in business finance. Areas of opportunity include sales/business development, underwriting, closing, servicing, marketing and more as our organization very actively implements our national growth strategy. VelocitySBA offers distinctly a team culture that is more synergistic and collaborative than typical for financial institutions, creating a stimulating and enjoyable workplace environment. Candidates joining the VelocitySBA team can expect professional development and growth working alongside the best SBA professionals in the industry. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work™ culture!
What You’ll Do:
The Business Development Associate position will streamline the front-end process of loan submission for Business Development Officers at VelocitySBA. BDA will provide support to review documents for accuracy, process items within appropriate systems, maintain beginner to intermediate knowledge of credit and SBA compliance, and accurately package loans for submission to Credit for decisioning.
Job Duties & Responsibilities:
• Prepare and organize all required documentation for Loan Submission to underwriting.
• Develop list of items needed to complete an assessment of credit worthiness and SBA eligibility of the loan request.
• Provide highest level of customer service to all internal parties, maintaining highest level of professionalism in both written and verbal communication.
• Maintains strong working knowledge of all applicable Velocity SBA Policies and Procedures directly or indirectly related to areas of responsibility and ensures policy requirements are carried out.
• Ensures responsibilities below are carried out in compliance with all applicable SBA, Federal, & State regulations, Velocity SBA policies & procedures, and to ensure audit, compliance, and regulatory findings related to specific areas of responsibility resolved timely in accordance with managements’ approved action plan.
• Review financial statements, tax returns and relevant data provided by a potential applicant for accuracy and completeness.
• Responsible for submitting complete and accurate loan application packages to Credit across all origination platforms.
• Responsible for working with multiple parties to ensure information is obtained and assisting with ordering appraisals and environmental reports, as applicable.
• Oversee multiple transactions concurrently to ensure all active loan applications are moving forward and current status is reported on the Pipeline Report.
• Maintain a working knowledge of Velocity SBA’s written policies and procedures regarding Regulation B, Bank Secrecy Act, Bank Security and all other regulations applicable to this job description.
• Actively learns, demonstrates, and fosters Velocity SBA corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces all goals and objectives of Velocity SBA.
• May perform other duties as assigned.
Skills and Qualifications:
• Bachelor Degree in relevant field preferred, or equivalent and relevant work experience.
• General understanding of SBA lending parameters and basic credit analysis.
• Ability to work effectively with individuals and groups across the company to manage internal and external customer expectations.
• Proficient with personal computers and related software packages such as Word and Excel
• Demonstrate articulate written and verbal communication skills.
• Possess excellent organization skills.
• Proactive mindset with strong problem solving and interpersonal skills to navigate high demands and tight timelines.
• Beginner to intermediate knowledge of SBA Policy and Procedures.
Compensation:
• Base Pay: $24-$25/hr. (depending on experience and qualifications)
• Full Time position (Hybrid role)
Physical Requirements:
• Must be able to pass post offer drug test and background check.
Benefits Velocity Vehicle Group Offers:
• Fantastic Culture
• 401k + match
• Health, Dental & Vision Insurance + HSA & FSA
• Employer paid Life Insurance
• Paid Vacation Days
• Sick Leave
• Company perks such as employee discounts, company events and training programs
• Excellent Training and Career Advancement Opportunities
Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
VelocitySBA provides small business owners with access to growth capital through the SBA loan program. Having access to small business financing can give you the security and freedom to focus on other aspects of running your business. We can help you purchase commercial real estate and equipment, provide growth capital financing, deliver debt refinance solutions, aide with business acquisition/partner buyout, and assist small business owners with their startups.
What’s in it for You:
VelocitySBA is one of the fastest growing SBA lending institutions in the country and is actively seeking motivated individuals interested in a career in business finance. Areas of opportunity include sales/business development, underwriting, closing, servicing, marketing and more as our organization very actively implements our national growth strategy. VelocitySBA offers distinctly a team culture that is more synergistic and collaborative than typical for financial institutions, creating a stimulating and enjoyable workplace environment. Candidates joining the VelocitySBA team can expect professional development and growth working alongside the best SBA professionals in the industry. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work™ culture!
What You’ll Do:
The Business Development Associate position will streamline the front-end process of loan submission for Business Development Officers at VelocitySBA. BDA will provide support to review documents for accuracy, process items within appropriate systems, maintain beginner to intermediate knowledge of credit and SBA compliance, and accurately package loans for submission to Credit for decisioning.
Job Duties & Responsibilities:
• Prepare and organize all required documentation for Loan Submission to underwriting.
• Develop list of items needed to complete an assessment of credit worthiness and SBA eligibility of the loan request.
• Provide highest level of customer service to all internal parties, maintaining highest level of professionalism in both written and verbal communication.
• Maintains strong working knowledge of all applicable Velocity SBA Policies and Procedures directly or indirectly related to areas of responsibility and ensures policy requirements are carried out.
• Ensures responsibilities below are carried out in compliance with all applicable SBA, Federal, & State regulations, Velocity SBA policies & procedures, and to ensure audit, compliance, and regulatory findings related to specific areas of responsibility resolved timely in accordance with managements’ approved action plan.
• Review financial statements, tax returns and relevant data provided by a potential applicant for accuracy and completeness.
• Responsible for submitting complete and accurate loan application packages to Credit across all origination platforms.
• Responsible for working with multiple parties to ensure information is obtained and assisting with ordering appraisals and environmental reports, as applicable.
• Oversee multiple transactions concurrently to ensure all active loan applications are moving forward and current status is reported on the Pipeline Report.
• Maintain a working knowledge of Velocity SBA’s written policies and procedures regarding Regulation B, Bank Secrecy Act, Bank Security and all other regulations applicable to this job description.
• Actively learns, demonstrates, and fosters Velocity SBA corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces all goals and objectives of Velocity SBA.
• May perform other duties as assigned.
Skills and Qualifications:
• Bachelor Degree in relevant field preferred, or equivalent and relevant work experience.
• General understanding of SBA lending parameters and basic credit analysis.
• Ability to work effectively with individuals and groups across the company to manage internal and external customer expectations.
• Proficient with personal computers and related software packages such as Word and Excel
• Demonstrate articulate written and verbal communication skills.
• Possess excellent organization skills.
• Proactive mindset with strong problem solving and interpersonal skills to navigate high demands and tight timelines.
• Beginner to intermediate knowledge of SBA Policy and Procedures.
Compensation:
• Base Pay: $24-$25/hr. (depending on experience and qualifications)
• Full Time position (Hybrid role)
Physical Requirements:
• Must be able to pass post offer drug test and background check.
Benefits Velocity Vehicle Group Offers:
• Fantastic Culture
• 401k + match
• Health, Dental & Vision Insurance + HSA & FSA
• Employer paid Life Insurance
• Paid Vacation Days
• Sick Leave
• Company perks such as employee discounts, company events and training programs
• Excellent Training and Career Advancement Opportunities
Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
Business Development Associate - VSBA Sales - Costa Mesa, CA
Office
Costa Mesa, CA, US
Full Time
48k - 50k USD/year
September 9, 2025