Credit Officer, VSBA Credit Department
Velocity Vehicle Group
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Pasadena, CA
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Not Applicable
Posted March 26, 2026
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Responsibilities
Commitments
Responsibilities
- Responsible for underwriting and conducting due diligence of SBA 7a loan transactions under the supervision of the Credit Team Lead and/or Credit Manager.
- Spread and analyze financial information of loan applicants and evaluate the information according to internal Credit Policies & Procedures.
- Order 3rd party reports (e.g.
- Appraisal, Environmental, or Business Valuation) with approval from Credit Team Lead and/or Credit Manager.
- Prepare Credit Memorandum and ensure it is underwritten to the policies and procedures of Crossroads Small Business Solutions and the SBA.
- Coordinates processing of approved loans and ensuring that loans are processed according to customer needs and conforming to internal lending policies.
- Exercise discretionary and independent judgment in preparing and recommending credit approval to the Management Loan Committee.
- Coordinate with the Closing Team to efficiently process transactions.
Commitments
Must be able to pass post offer drug test and background check
Fantastic Culture
Not Met Priorities
What still needs stronger evidence
Requirements
- Minimum 3-5 years of underwriting and spreading of SBA 7(a) loans
- Professional speaking and presentation skills
- Basic understanding and knowledge of SBA eligibility and guidelines
- Ability to identify and mitigate credit risks
- Ability to analyze and interpret financial statements, business reports and legal documents
- Good judgment and problem-solving skills
- Proficient business writing skills
- Must be able to pass post offer drug test and background check
Who We Are:
VelocitySBA provides small business owners with access to growth capital through the SBA loan program. Having access to small business financing can give you the security and freedom to focus on other aspects of running your business. We can help you purchase commercial real estate and equipment, provide growth capital financing, deliver debt refinance solutions, aide with business acquisition/partner buyout, and assist small business owners with their startups.
What’s in it for You:
VelocitySBA is one of the fastest growing SBA lending institutions in the country and is actively seeking motivated individuals interested in a career in business finance. Areas of opportunity include sales/business development, underwriting, closing, servicing, marketing and more as our organization very actively implements our national growth strategy. VelocitySBA offers distinctly a team culture that is more synergistic and collaborative than typical for financial institutions, creating a stimulating and enjoyable workplace environment. Candidates joining the VelocitySBA team can expect professional development and growth working alongside the best SBA professionals in the industry. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work™ culture!
Principal Responsibilities:
Responsible for underwriting and conducting due diligence of SBA 7a loan transactions under the supervision of the Credit Team Lead and/or Credit Manager.
Spread and analyze financial information of loan applicants and evaluate the information according to internal Credit Policies & Procedures.
Order 3rd party reports (e.g. Appraisal, Environmental, or Business Valuation) with approval from Credit Team Lead and/or Credit Manager.
Prepare Credit Memorandum and ensure it is underwritten to the policies and procedures of Crossroads Small Business Solutions and the SBA.
Coordinates processing of approved loans and ensuring that loans are processed according to customer needs and conforming to internal lending policies.
Exercise discretionary and independent judgment in preparing and recommending credit approval to the Management Loan Committee.
Coordinate with the Closing Team to efficiently process transactions.
Required Qualifications:
Minimum 3-5 years of underwriting and spreading of SBA 7(a) loans
Professional speaking and presentation skills
Basic understanding and knowledge of SBA eligibility and guidelines
Ability to identify and mitigate credit risks
Ability to analyze and interpret financial statements, business reports and legal documents
Good judgment and problem-solving skills
Proficient business writing skills
Compensation:
Base Salary: $95,000-$115,000/year (based on experience, qualifications and location)
Plus Bonus Incentive
Physical Requirements:
Must be able to pass post offer drug test and background check
Benefits Velocity Vehicle Group Offers:
Fantastic Culture
401k + match
Health, Dental & Vision Insurance + HSA & FSA
Employer paid Life Insurance
Paid Vacation Days
Sick Leave
Company perks such as employee discounts, company events and training programs
Excellent Training and Career Advancement Opportunities
Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
VelocitySBA provides small business owners with access to growth capital through the SBA loan program. Having access to small business financing can give you the security and freedom to focus on other aspects of running your business. We can help you purchase commercial real estate and equipment, provide growth capital financing, deliver debt refinance solutions, aide with business acquisition/partner buyout, and assist small business owners with their startups.
What’s in it for You:
VelocitySBA is one of the fastest growing SBA lending institutions in the country and is actively seeking motivated individuals interested in a career in business finance. Areas of opportunity include sales/business development, underwriting, closing, servicing, marketing and more as our organization very actively implements our national growth strategy. VelocitySBA offers distinctly a team culture that is more synergistic and collaborative than typical for financial institutions, creating a stimulating and enjoyable workplace environment. Candidates joining the VelocitySBA team can expect professional development and growth working alongside the best SBA professionals in the industry. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work™ culture!
Principal Responsibilities:
Responsible for underwriting and conducting due diligence of SBA 7a loan transactions under the supervision of the Credit Team Lead and/or Credit Manager.
Spread and analyze financial information of loan applicants and evaluate the information according to internal Credit Policies & Procedures.
Order 3rd party reports (e.g. Appraisal, Environmental, or Business Valuation) with approval from Credit Team Lead and/or Credit Manager.
Prepare Credit Memorandum and ensure it is underwritten to the policies and procedures of Crossroads Small Business Solutions and the SBA.
Coordinates processing of approved loans and ensuring that loans are processed according to customer needs and conforming to internal lending policies.
Exercise discretionary and independent judgment in preparing and recommending credit approval to the Management Loan Committee.
Coordinate with the Closing Team to efficiently process transactions.
Required Qualifications:
Minimum 3-5 years of underwriting and spreading of SBA 7(a) loans
Professional speaking and presentation skills
Basic understanding and knowledge of SBA eligibility and guidelines
Ability to identify and mitigate credit risks
Ability to analyze and interpret financial statements, business reports and legal documents
Good judgment and problem-solving skills
Proficient business writing skills
Compensation:
Base Salary: $95,000-$115,000/year (based on experience, qualifications and location)
Plus Bonus Incentive
Physical Requirements:
Must be able to pass post offer drug test and background check
Benefits Velocity Vehicle Group Offers:
Fantastic Culture
401k + match
Health, Dental & Vision Insurance + HSA & FSA
Employer paid Life Insurance
Paid Vacation Days
Sick Leave
Company perks such as employee discounts, company events and training programs
Excellent Training and Career Advancement Opportunities
Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.