Overview20four7VA 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 lending—not 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 ServicesContractors will be required to provide services that align with the following client tasks:Loan ProcessingProcess SBA, SBA Express, working capital, business lines of credit, business credit cards, equipment financing, and other commercial loan/funding applicationsCollect, review, and organize required borrower documentationPrepare complete loan files for submissionVerify documentation accuracy and lender requirementsMonitor loan progress and communicate updates internallyEnsure loan files are complete and meet lender submission requirementsFunding OperationsAssist with business lines of credit, business credit cards, equipment financing, working capital products, SBA loans, SBA Express loans, and alternative business funding solutionsMaintain accurate loan documentation and processing recordsCoordinate with lenders, funding partners, and financial institutions as neededSupport file management and compliance throughout the funding processHelp identify and resolve processing bottlenecksTrack funding milestones and ensure timely follow-up throughout the application lifecycleProcess ImprovementRecommend operational improvements that increase efficiency and scalabilityHelp establish repeatable loan processing workflowsAssist in documenting procedures and best practicesIdentify opportunities to automate repetitive administrative tasksSupport the development of scalable operational systemsAdministrative SupportMaintain spreadsheets and funding pipeline tracking reportsOrganize borrower files and supporting documentationSupport general administrative functions related to business loan processingAssist leadership with operational reporting, workflow management, and pipeline updatesEach 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.SkillsThe Contractor must demonstrate proficiency in the following, depending on the Client’s 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 supporting a growing lending operation preferredIDEAL CANDIDATE PROFILEPrevious business lending or commercial funding industry experienceStrong understanding of commercial loan processing and business funding productsHighly organized and detail-orientedComfortable working independentlyProcess-minded with a focus on operational efficiencyStrong problem-solving abilitiesInterested in helping build scalable business systemsExcellent communication and follow-throughAPPLICATION SOFTWARE KNOWLEDGE / REQUIREDMicrosoft ExcelGoogle SheetsMicrosoft OfficeCommercial Lending Platforms (Preferred)Document Management SystemsCRM Platforms (Preferred)Work ScheduleContracted Hours per Week: 10 HoursScheduled Working Days: Monday through Friday (unless otherwise mutually agreed in writing)Daily Working Time: TBD ESTNote: The Company will make reasonable efforts to align the Assigned VA’s schedule with the Client’s preferred hours as set forth above. However, availability may vary based on time zones, capacity, and the contracted hours set in this SOW. Any changes must be mutually agreed to in writing through a revised SOW.Terms of EngagementContractors will operate under a Master Services Agreement and a Statement of WorkThis is not an offer of employment; contractors are not employees of 20four7VA or any clientAll compensation is processed through 20four7VA according to the terms of the engagementRole Summary & RequirementsREQUIRED SERVICE: Business SupportREQUESTED EXPERIENCE TIER LEVEL: Entry, Junior, Senior, Advanced LevelContracted Hours per Week: 10 hours/weekDaily Working Time: TBD ESTScheduled Working Days: Monday-FridayREPORTING TO/POC: To Be DeterminedNumber of VAs: 1GENDER PREFERENCE: NoneLANGUAGES SPOKEN/PREFERENCE: English ACCENT PREFERENCE: Level A-C (Strong written and spoken English preferred)REGION PREFERENCES: AnyWhat we offerCompetitive ratesWeekly paymentsVarious open roles are availableFree training and upskillingConstant support and guidanceA vibrant community always ready to support youAnd more!