About the job Business Development Officer
Overview
A leading nationwide SBA lender is expanding its team and seeking multiple Business Development Officers (BDOs) with a proven track record in originating SBA 7(a) and 504 loans. This is a high-performance environment designed for experienced SBA producers who consistently close over $20MM+ in annual volume and have strong referral networks.
Responsibilities
-
Originate SBA 7(a) and 504 loans for small businesses across the U.S.
-
Develop and manage relationships with business owners, brokers, and referral partners.
-
Utilize a proactive, hunter-style approach to generate qualified leads and expand market reach.
-
Review loan requests, structure terms, and coordinate with underwriting and credit teams.
-
Present loan packages to the credit committee and oversee the funding process.
-
Achieve and exceed annual production goals.
-
Maintain accurate records in Salesforce and other loan origination systems.
Qualifications
-
Minimum 4-5 years of experience originating SBA 7(a) and 504 loans.
-
Proven annual production of $20MM+ in SBA loans (must provide production report).
-
Demonstrated ability to build and leverage a referral network.
-
Strong understanding of SBA program requirements, credit analysis, and loan structuring.
-
Excellent communication and negotiation skills.
-
Bachelors degree in Business, Finance, or related field preferred.
Compensation & Benefits
-
Base salary: $90,000-$100,000
-
Uncapped commissions with OTE ranging from $450K$600K
-
Full medical, dental, vision, and 401(k) with employer match
-
Life and disability insurance, HSA/FSA plans, PTO, and paid holidays
-
Strong operational, underwriting, and marketing support
Additional Information
-
Remote position; open to candidates located anywhere in the U.S. except California and Texas.
-
Candidates must submit a production report with loan type, closed amount, and referral source for consideration.
Package Details
Compensation & Package Details – Business Development Officer (SBA Lending)
Base Salary:
-
$90,000 – $100,000 (depending on experience and verified production history)
On-Target Earnings (OTE):
-
$450,000 – $600,000+ annually
-
Structured as base + uncapped commission
Commission Structure:
-
Highly aggressive, tied directly to SBA loan origination volume
-
Top producers earning over $500K+ annually based on $20MM+ funded per year
-
Accelerators kick in once quarterly thresholds are exceeded
Benefits:
-
Medical, Dental, and Vision Insurance – comprehensive coverage starting Day 1
-
401(k) with Employer Match
-
Life and Long-Term Disability Insurance
-
Health Savings Account (HSA) and Flexible Spending Account (FSA) options
-
Paid Time Off (PTO) and Company Holidays
-
Wellness Program – includes catered meals, fitness access, and team events
Additional Perks:
-
Full operational, underwriting, and marketing support to maximize production
-
Established national platform with strong SBA lending reputation
-
Remote flexibility (U.S.-based, excluding CA and TX)