Forward Financing

Account Specialist II, Collections

United States

Forward Financing Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial TechnologyIndustries

Requirements

Candidates should possess a Bachelor’s degree preferred or equivalent work experience, along with 5+ years of professional experience in Customer Service, Sales, or Collections. They must demonstrate the ability to listen to customer needs, communicate effectively, respond empathetically, and recover monthly targets of past due customer balances, as well as possess strong analytical and written communication skills with high attention to detail.

Responsibilities

As an Account Specialist II, you will service a portfolio of small and medium sized business (SBM) customer accounts using various contact methods, including calling, text messages, and emails, to collect outstanding payments. You will negotiate with customers to establish sustainable payment plans that align with Forward Financing’s business objectives, achieve monthly goals of recovered payments, professionally leverage and speak to legal collections processes, and regularly document account status and next steps in Salesforce CRM.

Skills

Customer Service
Sales
Collections
Negotiation
Legal Collections Processes
CRM (Salesforce)
Communication
Empathy
Analytical Skills

Forward Financing

Provides fast funding solutions for small businesses

About Forward Financing

Forward Financing offers fast and flexible funding solutions to small businesses in the United States, focusing on those who may not qualify for traditional bank loans. Their main product is a merchant cash advance, which provides a lump sum of cash in exchange for a percentage of future sales, allowing for quick funding often within 24 hours. Unlike traditional lenders, Forward Financing operates in the alternative lending space, providing a more accessible application process, though at higher fees due to the increased risk. The company's goal is to support small business growth by offering reliable funding while adhering to high ethical standards.

Key Metrics

Boston, MassachusettsHeadquarters
2012Year Founded
$365MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Parental Leave
Wellness Program
Professional Development Budget
Flexible Work Hours
Remote Work Options

Risks

New fintech startups in Boston may challenge Forward Financing's market share.
CEO Jason Mullins' strategic shifts could disrupt operations or alienate clients.
Expansion of $450 million credit facility may increase financial risk if not managed well.

Differentiation

Forward Financing offers fast, flexible funding with approvals within minutes.
The company has provided over $1.9 billion to 45,000 small businesses since 2012.
Forward Financing is A+ rated by the Better Business Bureau and has a 4.9-star Trustpilot rating.

Upsides

Increased demand for alternative lending boosts Forward Financing's market potential.
AI and machine learning enhance Forward Financing's risk assessment and underwriting processes.
Digital-first financial services trend aligns with Forward Financing's online application model.

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