About this Business Development Representative (Midtown Manhattan) role at Premium Merchant Funding
Role: Business Development Representative
Location: Partner with our offices in New York, NY (Midtown) OR Queens, NY (Fresh Meadows)
"Everything worth having in this life was built, not given. Your income. Your reputation. Your future. All of it."
About Us:
Premium Merchant Funding is one of the largest brokerage platforms in the alternative lending industry, headquartered on Wall Street. In the last 12 years we have positioned ourselves as a one stop shop for the capital needs of American business owners when the big banks take too long or say no due to new regulations. We have grown from a single office to an organization of 26 offices across 4 countries with partnerships across hundreds of lenders, allowing us to offer over 30 different products and solutions.
Our Mission:
To empower small and medium-sized businesses often overlooked by traditional banks, helping them not just survive, but thrive.
Core Values:
- Teamwork and Collaboration
- Transparency and Accountability
- Honesty and Integrity
- Client-First Approach
- Innovation
- Community Engagement
- Long-term Client Relationships
- Industry Leadership
Overview:
This is not a customer service role. This is a sales and consulting role. You will build relationships with business owners and gather four key pieces of information: how long they have been in business, what they need the capital for, how much revenue they are generating, and whether they have any existing debt positions.
That information becomes a funding application submitted to the closing team. Right now closers are funding 20 out of every 50 applications submitted. Any representative submitting two applications a day is on pace to earn $120,000 or more in annual commissions.
Every client you fund becomes a page in your own book of business, either as a repeat customer or a referral source. The ability to genuinely connect with people is a superpower in this business. That book belongs to you.
Key Responsibilities:
- Prospecting: Engage potential clients through various channels.
- Qualification: Assess client needs and fit for our financial solutions.
- Advocacy: Educate potential clients on our services.
- Closing: Master sales techniques and manage your sales cycle.
- Data Management: Maintain detailed records in our CRM system.
Qualifications:
- Graduated from an accredited college or university (preferred, not required)
- Excellent communication skills
- Independent and collaborative work style
- Strong problem-solving abilities
- Persistence and results-driven mindset
- Passion for helping businesses succeed
What We Offer:
- Performance-based pay (OTE $60,000 - $120,000 in the first year)
- Training and development opportunities
- Supportive work environment
- Growth opportunities
- Uncapped commission (This role is 100 percent commission, and is not a salary-based role)
Apply Now:
If you value transparency, integrity, and innovation, and want to make a meaningful impact on businesses, we welcome your application. Visit pmfus.com for more information.
