Essential Duties and Responsibilities:
● Market and promote the Impower95 loan product to lenders, small businesses, real estate and loan brokers, as well as other financial institutions, Certified Development Companies and community development lenders.
● Identify, cultivate, build, and manage relationships with external stakeholders and other community groups to further the reach of the program.
● Collaborate with Capital Deployment teams for cross marketing opportunities.
● Ability to make presentations to groups, individuals and represent Momentus at business and industry functions.
● Gather data (both qualitative and quantitative) about the Impower95 product and identify areas for improvement within capital constraints.
● Prequalify and Structure loans:
o Identify, meet, and pre-screen potential borrowers to discuss the loan program.
o Pre-Qualify, compile, structure, and analyze loan applications for eligibility, credit worthiness and repayment ability using established credit guidelines.
o Provide loan structure, use of proceeds, business history, management, loan purpose and eligibility narrative within loan management software (Ventures+).
o Determine loan eligibility based on any Geographic, Occupancy, Industry or Cash Flow specific requirements.
o Determine credit worthiness based on review of cash flow and credit history. Ensure prospects will meet basic credit criteria before moving files to processing or underwriting.
o Prepare and provide quarterly impact stories to CDC management and marketing team.