Lendbuzz

Floorplan Sales Associate

Remote

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

Floorplan Sales Associate - Full-Time

Position Overview

At Lendbuzz, we are dedicated to creating a more personalized and fair financial opportunity through innovative technologies that provide underserved and overlooked borrowers with better access to credit. We foster a culture that values diversity, independent, and critical thinking. We are seeking an outstanding team member to contribute to the growth of our floorplan business and collaborate with our valued dealership partners.

As a Floorplan Sales Associate, you will leverage strong interpersonal skills and a proven sales aptitude to cultivate new dealership relationships. You will also serve as a key support member for our floorplan operations team, educating, prospecting, and supporting our dealership partners under their guidance. Your efforts will be instrumental in driving brand awareness and expanding our dealership network.

Responsibilities

  • Dealership Engagement: Engage new and current dealerships in person to drive growth by achieving goals and performance targets.
  • Strategic Planning: Strategize with the floorplan operations team to plan and execute programs for new dealerships.
  • Feedback & Program Needs: Provide feedback to the floorplan team regarding dealership program needs.
  • Platform Utilization: Utilize required platforms and tools for floorplan underwriting and originations.
  • Credit Line Optimization: Optimize dealerships’ utilization of credit lines.
  • Risk Management Support: Support the company with risk management, risk mitigation recovery, and collections.

Requirements

  • Outstanding customer, communication, and organizational skills.
  • High level of integrity.
  • Strong sense of teamwork, with the ability to work independently.
  • Strong interpersonal skills and the ability to interact effectively with others.
  • Prior experience at a dealership, auction, or in floorplan/auto lending is a plus, but not required.

Our Beliefs

  • Diversity is a competitive advantage. We celebrate our differences and are stronger with a variety of experiences, viewpoints, and backgrounds.
  • Compassion is a strength. We care about our customers and aim to build long-term relationships.
  • Simplicity is a key feature. We strive to make our forms and processes as painless and intuitive as possible.
  • Honesty and transparency are non-negotiable. We integrate these traits into all our interactions.
  • Financial opportunity belongs to everyone. We work daily to improve lives by extending this opportunity.

If you share these beliefs, we would be delighted to hear from you!

Skills

Sales
Customer Service
Communication
Organizational Skills
Interpersonal Skills
Teamwork
Independent Work
Floorplan Underwriting
Originations
Risk Management
Collections
Dealership Relations
Auto Lending

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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