[Remote] Floorplan Sales Associate at Lendbuzz

Remote

Lendbuzz Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, AutomotiveIndustries

Skills

Key technologies and capabilities for this role

SalesCustomer ServiceCommunicationOrganizational SkillsInterpersonal SkillsTeamworkIndependent WorkFloorplan UnderwritingOriginationsRisk ManagementCollectionsDealership RelationsAuto Lending

Questions & Answers

Common questions about this position

What skills are required for the Floorplan Sales Associate role?

The role requires outstanding customer, communication, and organizational skills, a high level of integrity, strong sense of teamwork with the ability to work independently, and strong interpersonal skills.

What is the company's culture like at Lendbuzz?

Lendbuzz fosters a culture that values diversity, independent and critical thinking, and celebrates differences as a competitive advantage. They emphasize compassion, simplicity, honesty, transparency, and providing financial opportunity to everyone.

Is prior experience required for this position?

Prior experience at a dealership, auction, or in floorplan/auto lending is a plus but not required.

What is the salary or compensation for this role?

This information is not specified in the job description.

Is this a remote position or does it require in-person work?

This information is not specified in the job description.

Lendbuzz

Provides auto loans for international students

About Lendbuzz

Lendbuzz provides auto loans specifically designed for international students and professionals in the United States who may struggle to secure financing through traditional lenders. The company uses advanced data analytics and machine learning to evaluate the creditworthiness of borrowers, focusing on a wider range of financial and personal data rather than just credit scores. This approach allows Lendbuzz to cater to a niche market that is often overlooked by conventional financial institutions. Borrowers can apply for loans online, verify their information easily, and sign documents digitally, making the process user-friendly. Lendbuzz earns revenue by charging interest on loans and may also receive fees from car dealerships for facilitating the loan process. The goal of Lendbuzz is to make auto financing more accessible to those who typically face challenges in obtaining loans.

Boston, MassachusettsHeadquarters
2015Year Founded
$246.1MTotal Funding
LENDING_CAPITALCompany Stage
Automotive & Transportation, FintechIndustries
201-500Employees

Benefits

Dental & health insurance
401(k)
Company outings
Fitness center
Unlimited PTO
Stocked kitchen
Company issued hardware
Cool swag
Flexible working hours

Risks

Increased competition from similar fintech companies could erode Lendbuzz's market share.
Potential regulatory scrutiny on AI models may increase compliance costs.
Economic downturns could impact demand for auto loans, affecting Lendbuzz's revenue.

Differentiation

Lendbuzz uses AI to assess creditworthiness beyond traditional credit scores.
The company targets international students and immigrants, a niche underserved by traditional lenders.
Lendbuzz partners with auto dealerships to offer seamless financing solutions.

Upsides

Lendbuzz secured $100M from Japan's largest bank, enhancing its financial stability.
The U.S. auto loan market growth benefits Lendbuzz's specialized services.
Increased adoption of digital lending aligns with Lendbuzz's user-friendly application process.

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