Business Development Officer – Asset-Based Lending

Overview

We are seeking a Business Development Officer to join our growing Asset-Based Lending (ABL) practice. This is a newly created position reflecting our commitment to expanding our presence in key markets. You will be responsible for sourcing, developing, and closing new ABL transactions while building lasting relationships with prospective borrowers, intermediaries, and referral partners.

Key Responsibilities

• Prospect and develop new ABL client relationships through outbound business development, networking, and collaboration with referral partners across your market.
• Structure, present, and close new asset-based lending transactions ranging from $2M to $50M, managing the full sales cycle from initial contact through commitment.
• Partner closely with underwriting and portfolio management teams to ensure seamless deal execution and ongoing client satisfaction.

Qualifications

• Proven experience in asset-based lending business development, ideally gained at a commercial finance company or specialty lender (bank background considered).
• Strong understanding of ABL structures, including revolving credit facilities, term loans, and collateral monitoring requirements.
• Demonstrated track record of sourcing and closing new business with a consistent and professional approach to client development.
• Excellent communication and presentation skills with the ability to build credibility quickly across borrower, intermediary, and internal audiences.