01Overview
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Title: Independent Contractor CPT-11317 Business Loan Processing Specialist/Business Support VA/Entry-Advanced Level (Remote).
Overview
20four7VA is seeking offshore independent contractors to deliver remote services to clients worldwide, with a primary focus on developed markets such as the United States, the United Kingdom, Canada, and Australia.
A growing business funding company is seeking an experienced Business Loan Processing Specialist to support the processing and administration of SBA, SBA Express, working capital, business lines of credit, business credit cards, equipment financing, and other commercial funding products.
The ideal candidate has previous experience working for a business lending or funding company and understands the documentation, lender requirements, and workflows associated with commercial financing. Beyond processing loans, this individual should bring operational insight and help establish more efficient systems that allow the business to scale from its current volume to significantly higher production.
This is a highly specialized position requiring direct experience with business funding and commercial lendingnot residential mortgage processing.
The objective of each engagement is to assist the client in improving business efficiency, enhancing service delivery, or supporting operational functions through high-quality, task-specific services rendered by a qualified contractor.
Scope of Services
Contractors will be required to provide services that align with the following client tasks:
Loan Processing
Process SBA, SBA Express, working capital, business lines of credit, business credit cards, equipment financing, and other commercial loan/funding applications
Collect, review, and organize required borrower documentation
Prepare complete loan files for submission
Verify documentation accuracy and lender requirements
Monitor loan progress and communicate updates internally
Ensure loan files are complete and meet lender submission requirements
Funding Operations
Assist with business lines of credit, business credit cards, equipment financing, working capital products, SBA loans, SBA Express loans, and alternative business funding solutions
Maintain accurate loan documentation and processing records
Coordinate with lenders, funding partners, and financial institutions as needed
Support file management and compliance throughout the funding process
Help identify and resolve processing bottlenecks
Track funding milestones and ensure timely follow-up throughout the application lifecycle
Process Improvement
Recommend operational improvements that increase efficiency and scalability
Help establish repeatable loan processing workflows
Assist in documenting procedures and best practices
Identify opportunities to automate repetitive administrative tasks
Support the development of scalable operational systems
Administrative Support
Maintain spreadsheets and funding pipeline tracking reports
Organize borrower files and supporting documentation
Support general administrative functions related to business loan processing
Assist leadership with operational reporting, workflow management, and pipeline updates
Each engagement is based on a defined scope of work and is governed by an independent contractor agreement. Services must be performed professionally, with adherence to any timelines, guidelines, and deliverables agreed upon in writing.
Skills
The Contractor must demonstrate proficiency in the following, depending on the Clients requirements:
Previous experience processing SBA and SBA Express loans requiredExperience processing working capital loans requiredExperience processing business lines of credit requiredExperience processing business credit cards preferredExperience processing equipment financing preferredExperience working with commercial lending, business funding, or business finance companies requiredStrong understanding of lender documentation requirementsFamiliarity with multiple commercial funding products and underwriting documentationMicrosoft Excel and Google Sheets proficiencyStrong organizational and administrative skillsExperience .