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Business Developer

Wsfs Financial

Philadelphia, Pennsylvania

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JOB DETAILS
SALARY
$48,416–$79,541.75
SKILLS
Analysis Skills, Business Development, Business Growth, Business Loans, Business Operations, Business Strategy, Business-to-Business (B2B), Communication Skills, Credit Processing, Cross-Functional, Customer Relations, Customer Relationship Management (CRM) Systems, Customer Support/Service, Data Quality, Detail Oriented, Develop Methodologies, Develop and Maintain Customers, Distribution Channel, Email Marketing, Emerging Technology, Entrepreneurship, Federal Compliance Regulations, Federal Laws and Regulations, Finance, Financial Administration, Leadership, Leading Edge Technology, Marketing, Marketing Communications, Mentoring, Onboarding, Organizational Skills, Pricing, Record Keeping, Regulatory Compliance, Sales, Sales Pipeline, Salesforce.com, Secondary School, Small Business, Small Company, Strategic Planning, Team Player, Telephone Skills, Telesales, Territory Management, Vendor/Supplier Relations
LOCATION
Philadelphia, Pennsylvania
POSTED
30+ days ago
Job Description

NewLane Finance (www.newlanefinance.com) is a commercial equipment finance company, serving small and mid-size business nationwide. Our mantra is "business lending done right", and our strategy is to revolutionize small business lending by employing the latest technology and a motivated workforce to deliver fair and transparent financing solutions to businesses with unmatched levels of speed, convenience, and customer service. Our products and services are offered to the business community primarily through financing programs with equipment manufacturers, distributors, and dealers. NewLane Finance is powered by a $24B financial organization.

Summary:

By administering NewLane Finance's accounts and coordinating with the development teams, the Business Developer plays a significant role in driving the business. Senior Management relies heavily on Business Developers since their proper use of discretion and independent judgment concerning the pricing and whom to do business with, which is pivotal to NewLane's business operations. Success in this position is accomplished by independently managing prospects and building a customer base in accordance with our overall business development strategies. Business Developers will utilize telephonic, email, and sophisticated marketing communications to autonomously prospect for business. The Business Developers objective is to independently grow and expand the sales activity levels by assisting customers in growing their businesses by taking advantage of the benefits of commercial financing. In addition to creating and maintaining their book of business, Senior Management will rely on Business Developer's grow their customer base.

Essential Functions:
  • Use independent analysis to create, grow, and manage a sales territory that can drive the business's success.
  • Required to make fifty outbound business development calls per day to qualified prospects and move them through the sales funnel using Salesforce, a leading-edge CRM technology tool.
  • Use critical judgment to make independent recommendations based on customers' financial needs and capabilities and establish pricing.
  • Independently develop and maintain accurate data in client databases crucial to the business as they advance data matrixes that senior management will use to facilitate business growth.
  • Responsible for exercising personal discretion when acquiring and maintaining customer relationships
  • Adhere to company policies along with federal regulations and compliance laws
  • Grow a book of business by successfully marketing the company by making outbound business development calls to advise prospects ways you believe. You will enhance their business operations at your discretion, then guide them through NewLane's CRM technology tools, the application process, and credit approvals.
  • Maintain production and records in Salesforce
  • Determine, develop, and implement best techniques to develop business from prospects without direct supervision
  • Partner with credit and operational teams in a cross-functional role to facilitate the approval process for onboarding customers
  • Collaborate with Senior Business Developers and executives to develop methods and tactics for market growth

Requirements:
  • Bachelor's degree desired. A high school degree or GED required
  • Two plus years of B2B sales experience required making outbound prospect calls.
  • Equipment Leasing experience preferred
  • Salesforce.com experience preferred
  • Self-driven, energetic with an entrepreneurial spirit
  • Excellent technological skills
  • Must possess leadership qualities required to mentor a small team of Business Developers
  • Independently identify key contacts within accounts, connect with decision-makers, and deliver on sales goals.
  • Strong communication skills
  • Self-motivated and possess a desire to learn.
  • Strong organizational skills and attention to detail with a sense of urgency
  • Ability to exercise discretion and work independently on significant matters involving both NewLane's and the customer's businesses customarily and regularly
  • Ability to handle a fast-paced work environment, understand and practice our values of Integrity, Passion, Teamwork, and Commitment to Excellence daily
  • Must be able to exercise discretion while independently developing an effective relationship with vendors, dealers, and manufacturers of commercial equipment
  • Demonstrated use of effective phone selling skills

About the Company

W

Wsfs Financial