Forward Financing

Business Development Representative

Ontario, Canada

Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, Small Business LendingIndustries

Requirements

Candidates should possess a Bachelor's degree and have at least 1 year of experience in sales or business development roles. Demonstrated success in setting and hitting goals, a client-focused and service-oriented approach, strong relationship-building skills, and excellent written and verbal communication are required. Experience with CRM software is also necessary.

Responsibilities

The Business Development Representative will develop relationships with prospective clients and maintain effective relationships with existing customers by generating new business through outbound calls, emails, and other resources. This role involves engaging with prospective clients in the Renewals portfolio to generate new business, cultivating and increasing deals and relationships into actual submissions, and reaching weekly targets while maintaining organized traceability of communications. Additionally, the BDR will provide prompt and anticipated client responses, deploy strategies for world-class client service, address client requests and problems until resolution, and monitor and provide actionable insights to management based on engagement metrics and client feedback.

Skills

Business Development
Sales
Client Relationship Management
Communication
Customer Service
Lead Generation
Outbound Sales
CRM Software

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.

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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