C2FO Capital Finance (“CapFin”) is a team within C2FO that offers an innovative look at working capital lending and factoring and is the fastest growing business at C2FO. By improving and innovating the technology, mechanics, and transparency around traditional credit facilities, C2FO Capital Finance offers businesses an alternative to antiquated finance options (e.g. debt from banks, selling receivables, supply chain finance programs) and helps C2FO achieve strategic goals by encouraging Early Pay usage by edge nodes in the C2FO network.
The C2FO Capital Finance team is looking for a seasoned underwriter, who will be responsible for underwriting asset-based loans and factoring transactions. This will include pre-clearing the transaction within the department, leading the deal through the process from term sheet to approval to funding and post-close for other credit-related matters.
Responsibilities include:
- Discussions with sales team regarding new loan opportunities
- Spreading, analyzing, and presenting financial statements to the underwriting team
- Performing in-house background checks using external software
- Preparing term sheet for delivery to prospects
- Working with sales team for smooth transition of prospect from sales to underwriting
- Performing due diligence on prospects and having regular discussions with owners, presidents, CEOs, and CFOs to create a strong working environment and set proper expectations of the credit facility
- Preparing internal credit committee memo for submission to credit committee
- Working on Loan Agreement or Purchase Agreement for signatures from all parties
- Working with the account management team for smooth transition from underwriting to account management
- Innovating within the underwriting function to allow for continued scalability
Ideal Candidates will have:
- Energy and creativity to get good deals done quickly and without wasted effort
- 5-10 years of experience underwriting ABL and/or factoring transaction
- Understanding of accounting practices and collateral (accounts receivable, inventory and M&E).
- Track record of improving processes and innovating one’s role
- Proficiency in all Microsoft Office applications
- Ability to have complex conversations with prospects to understand the business model to support facility
- Four-year degree from an accredited university or college with a focus in accounting and/or finance
C2FO is working to deliver a future where every company in the world has the capital it needs to grow. Our technology provides an easy, low-cost way for businesses of all sizes to increase cash flow by receiving early invoice payments. Since 2008, C2FO’s online marketplace and innovative financial products have accelerated payments by more than one billion days for companies in over 180 countries.
Named to the Forbes “Fintech 50,” C2FO provides more than $1 billion in working capital each week for hundreds of thousands of businesses. C2FO has more than 400 employees worldwide, with headquarters in Kansas City and locations throughout Europe, Asia Pacific and Australia. For more information, visit www.C2FO.com.
Commitment to Diversity and Inclusion. Pollen, Inc. (C2FO) believes that unique backgrounds and individual voices strengthen our team, leading to the best ideas and discoveries for our innovative and growing company. At C2FO, we seek, encourage, and nurture diverse perspectives, and we welcome those of all backgrounds to help us change the way global businesses of all sizes gain access to working capital.
As an organization, we not only value diversity and equality, we cultivate teams that feel empowered to bring their authentic selves to work every day. We strive to create a workplace that reflects the communities we serve and our global, multicultural clients. We recognize the power of inclusion, emphasizing that each team member was chosen for their unique ability to contribute to the overall success of our mission.
C2FO is an Equal Opportunity and Affirmative Action Employer. We welcome all veterans and disabled applicants