Join Laundrylux

Credit Analyst

What we are looking for:

Analyze financial statements and credit data to determine the degree of risk involved in extending credit to potential borrowers. Prepare credit memos and present recommendations to credit committees. Provide superior service and support to internal and external partners as well as customers and potential borrowers.

Before we continue to dive into the requirements for the role let’s talk about Why you should join Laundrylux?

Career Advancement: We offer a career, not just a job. We invest in the personal and professional growth of every employee because we believe growth leads to both business impact and personal fulfillment.

Learning and Development: We foster a culture that encourages and promotes professional growth and development, with continuous learning

Diversity Initiatives: We are proud to have launched the Women’s Initiative focused on building a better workplace for women, providing support, and recognizing the talented women within our company.

Laundrylux Benefits:

• We offer a comprehensive health benefits package including medical and dental plans as well as 401(k) and so much more! Ask our recruiting team for more information.

Back to the role:

What you will do:

• Act as the liaison between potential borrowers and equipment distributors for financing needs
• Review, analyze and interpret provided financial information from potential borrowers, including Pro-forma data
• Request and obtain additional documents from potential borrowers as deemed necessary by the credit committee
• Review business entity documents before preparing loan packages
• Review all loan packages for accuracy and completeness, including all statements required, credit risk, and rationale of the transaction
• Compile detailed financial statements regarding finance and credit data, and present them to loan credit committees for approval
• Enter all applications into a proprietary loan origination system with accuracy
• Ensure collateral lien is perfected according to the approved credit decisions
• Ensure sufficient insurance coverage and accurate insurance clause requirements
• Prepare new loan packages, modifications, renewals, extension documents of loans, and loan addendums as needed
• Research and identify process improvement opportunities and make recommendations to management
• Reconcile customer statements/billings

• Perform cross-functional duties/projects within the department as needed

What you should have:

• 3+ years experience with equipment financing and/or asset-based lending
• Bachelors in finance or related field
• Highly analytical with strong critical thinking skills
• Proficient with basic principles of loan documentation, legal documents, interpreting financial statements, tax returns, and perfection of security interest
• Familiarity with leasing or loan origination software
• Excellent communication (written/oral) and negotiating skills
• Proficient with Microsoft Office Suite, and telephone consultation
• Detail-oriented
• Self-motivated and a strong team player

Salary Range:

$55,000-$65,000

Bonus Eligible 

Our Values:

People, Share Responsibility, Integrity, Excellence, Customer Focused, Meaningfulness and Fun

If you are looking for your next challenge, then this is your chance to join our team of exceptionally talented, creative and innovative professionals. We want you!

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.