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Business Development Officer

Job in Wakefield, Middlesex County, Massachusetts, 01880, USA
Listing for: The Agency Recruiting
Full Time position
Listed on 2026-01-12
Job specializations:
  • Business
    Business Development
  • Sales
    Business Development
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Job Title: SBA Business Development Officer
Status: Full-Time

Summary:
The SBA Business Development Officer (BDO) is responsible for originating and managing SBA 504 loans within a designated market area. This role focuses on building strong relationships with small to mid-sized businesses, referral partners, and professional networks, driving business growth while providing clients with high-touch, tailored financing solutions.

Key Responsibilities:

  • Business Development: Identify and cultivate new business opportunities with small and mid-sized commercial clients. Build and maintain strong referral networks with accountants, attorneys, commercial real estate brokers, and other professional partners.

  • Loan Origination: Source, structure, and submit SBA 504 financing requests while guiding clients through the loan process from application to closing.

  • Client Relationship Management: Maintain ongoing relationships with business owners and referral partners, ensuring a seamless lending experience and long-term client satisfaction.

  • Credit & Due Diligence: Collaborate with internal credit and underwriting teams to evaluate loan requests, ensure compliance with SBA guidelines, and mitigate risk.

  • Market Expertise: Stay informed on local economic conditions, industry trends, and commercial real estate developments to identify lending opportunities.

  • Portfolio Management: Maintain a robust pipeline of loan opportunities and monitor deals in progress to ensure timely execution.

Position Requirements:

  • Bachelor’s degree in finance, business, or related field preferred; relevant experience may substitute.

  • Minimum of 5–10 years of commercial lending experience, with demonstrated success in business development, relationship management, and SBA or small business lending preferred.

  • Proven ability to originate, structure, and close commercial loans.

  • Strong understanding of financial statements, credit analysis, and risk assessment.

  • Excellent communication, networking, and presentation skills.

  • Highly self-motivated with the ability to work independently while collaborating with internal teams.

Physical Demands / Conditions / Equipment Used:

  • General office environment with local travel to client sites as needed.

  • Standard office equipment and software, including Microsoft Office.

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