Floorplan Sales Associate - Pennsylvania at Lendbuzz

Pennsylvania, United States

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, AutomotiveIndustries

Requirements

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

Responsibilities

Engage new and current dealerships in person 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
Help support the company with risk management, risk mitigation recovery, and collections
Responsible for weekly travel to dealers in the Pennsylvania region

Skills

Key technologies and capabilities for this role

SalesProspectingCustomer EngagementCommunicationOrganizational SkillsRisk ManagementCollectionsUnderwritingOriginationsInterpersonal Skills

Questions & Answers

Common questions about this position

What is the work location or travel requirement for this role?

The role requires weekly travel to dealers in the Pennsylvania region.

What skills are required for the Floorplan Sales Associate position?

Outstanding customer, communication, and organizational skills are required, along with a high level of integrity, strong sense of teamwork with ability to work independently, and strong interpersonal skills.

What is the company culture like at Lendbuzz?

Lendbuzz values diversity as a competitive advantage, compassion as a strength, simplicity in processes, honesty and transparency, and believes financial opportunity belongs to everyone. They celebrate differences and foster independent and critical thinking.

What experience is preferred for this position?

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

What makes a strong candidate for this Floorplan Sales Associate role?

Strong candidates will have outstanding interpersonal, communication, and organizational skills, a high level of integrity, ability to work independently and in a team, and alignment with Lendbuzz's values on diversity, compassion, simplicity, honesty, and financial opportunity.

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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