Lendbuzz

Floorplan Sales Associate

Remote

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

Requirements

Candidates should possess outstanding customer service, communication, and organizational skills, coupled with a high level of integrity and a strong sense of teamwork, while also being able to work independently. Prior experience in a dealership, auction, or in floorplan/auto lending is a plus but not required.

Responsibilities

The Floorplan Sales Associate will engage with dealerships in person to drive growth and achieve performance targets, strategize with the floorplan operations team to plan and execute programs for new dealerships, and provide feedback on dealership program needs. They will utilize platforms for floorplan underwriting and originations, optimize dealership credit line utilization, and support the company with risk management, recovery, and collections.

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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