Floorplan Sales Associate - Arizona at Lendbuzz

Arizona, United States

Lendbuzz Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Automotive Finance, LendingIndustries

Requirements

  • Outstanding customer service skills
  • Strong communication skills
  • High level of organizational skills
  • Strong sense of integrity
  • Ability to work independently while also being a strong team player
  • Strong interpersonal skills to interact with others
  • Prior experience at a dealership, auction, or in floorplan/auto lending (plus, but not required)

Responsibilities

  • Engage new and current dealerships to drive growth by achieving goals and performance targets
  • Strategize with the floorplan operations team to plan and execute programs for new dealerships
  • Provide feedback to the floorplan team about dealership program needs
  • Utilize platforms and tools required for floorplan underwriting and originations
  • Optimize dealerships’ utilization of credit lines
  • Support the company with risk management, risk mitigation recovery, and collections

Skills

Customer Service
Communication Skills
Organizational Skills
Sales
Dealership Relations
Floorplan Operations
Risk Management
Underwriting
Collections
Teamwork

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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