SBA Closer

About the role

Lendesca is seeking an experienced SBA Closer responsible for performing a variety of loan processing and closing functions, ensuring quality loan documentation and adherence to banking regulations, SBA Standard Operating Procedures, and internal policies. This position is responsible for assessing satisfaction of approved credit requirements and proactively resolving problems in the closing process to ensure accuracy and completion of all necessary loan documents. You will collaborate closely with the credit department, clients, attorneys, and brokers throughout the loan process and hold authority to approve loan funding initiatives.

What you'll do

• Partner with legal counsel, borrowers, and internal teams to translate credit approvals into actionable closing requirements, ensuring all conditions are clearly understood and satisfied throughout the closing process
• Review and validate all required closing documentation, including transactional agreements, corporate records, lease structures, and supporting collateral documentation
• Coordinate and evaluate documentation related to construction and leasehold improvement projects, including contracts, budgets, plans, permits, and insurance, ensuring completeness prior to funding
• Manage the disbursement process in accordance with approved loan terms and SBA guidelines, including verification of equity injection, documentation completeness, and proper execution of funding mechanics
• Ensure loans are accurately documented and compliant with both internal approvals and SBA Authorization requirements through structured pre- and post-closing review processes
• Support lenders and internal teams in navigating SBA eligibility requirements, including borrower background, ownership structure, and program-specific considerations across GP and PLP transactions
• Maintain a strong working knowledge of SBA programs, SOP requirements, and evolving regulatory expectations, applying that knowledge to ensure consistent and compliant execution
• Partner with audit functions to resolve any documentation discrepancies identified during pre- or post-closing review
• Handle sensitive borrower and transaction information with a high degree of care, ensuring confidentiality and data integrity at all times
• Operate in alignment with applicable regulatory requirements, including Bank Secrecy Act and Anti-Money Laundering standards

What you'll bring

• 4+ years of experience in SBA closing, or 6+ years of experience in complex commercial loan closing or processing environments
• Strong understanding of SBA loan programs, policies, and procedures, with working knowledge across underwriting, processing, and servicing functions
• Solid foundation in lending principles, credit processes, and applicable regulatory frameworks, including federal and state banking requirements
• Excellent organizational and time management skills, with the ability to manage multiple priorities, meet deadlines, and maintain a high level of accuracy and attention to detail
• Ability to analyze information, identify issues, and exercise sound judgment in a fast-paced, decision-oriented environment
• Strong communication skills, both written and verbal, with the ability to clearly convey information and collaborate effectively with internal teams, borrowers, and external partners
• Professional presence and interpersonal skills, with a focus on delivering a high-quality experience for borrowers and partners
• Proficiency with core business tools and systems, including Microsoft Office and loan processing or banking platforms
• Bachelor's degree in Business, Finance, or a related field, or equivalent combination of education and relevant experience