Business Loan Broker Apprentice

Summary

We are seeking a Business Loan Broker to join our dynamic Business Loans brokerage team. You'll be directly engaging with SME business owners to introduce them to the most suitable funding options powered by LoanTube's matchmaking platform. This is a fantastic opportunity to start a career in business loans space with strong growth potential.

Wage

£15,704 to £25,396.80 a year

Minimum wage rates (opens in new tab)

Uncapped commission scheme

Training course

Sales executive (level 4)

Hours

Monday - Friday, 9.00am - 6.00am with a lunch break in between.

40 hours a week

Possible start date

Thursday 3 April

Duration

1 year 6 months

Positions available

3

Work

Most of your apprenticeship is spent working. You’ll learn on the job by getting hands-on experience.

What you’ll do at work

Handling inbound leads and engaging with SME clients through calls and emails
Understanding client requirements and matching them to suitable funding solutions
Introducing these cases to various lenders to secure the right type of finance
Selling the offers received from lenders to the SMEs.
Learning about lending products and services
Maintaining accurate client records using CRM systems
Working towards KPIs and revenue targets under the guidance of senior brokers

Where you’ll work

184 Shepherds Bush Road
London
W6 7NL

Training

Apprenticeships include time away from working for specialist training. You’ll study to gain professional knowledge and skills.

College or training organisation

JC TRAINING & CONSULTANCY LTD

Your training course

Sales executive (level 4)

Equal to higher national certificate (HNC)

Course contents

Sales planning and preparation: Set effective targets using sales forecasts. Prioritise customers and activities to grow account value and maximise return-on-investment in line with your organisation’s strategy. Formulate or refine customer plans and objectives. Create efficient territory plans where appropriate.
Customer engagement: Effectively communicate and interpret customer information exchanged through written, verbal and non-verbal communication. Develop a customer engagement style that effectively opens sales conversations, builds rapport, enhances customer relationships, and adapts to different customer’s social preferences.
Customer needs analysis: Be highly skilled at effective questioning and active listening techniques to understand the customer’s needs, guide the sales conversation appropriately, create mutual understanding, and build trust and affinity with customers.
Propose and present solutions: Develop sales proposals and deliver them using a presentation style and technique appropriate for your customer. Present relevant products and/or services, explain features and their advantages, and clearly articulate the value and benefit of the solution for the specific customer. Use and adapt a range of techniques to draw-out and overcome common sales objections.
Negotiate: Research the customer’s likely desired outcomes and negotiating stance. Develop responses to likely objections. Identify your own organisation’s needs, such as minimum price and acceptable terms. Negotiate or trade variables effectively.
Closing Sales: Be attuned to verbal and non-verbal buying-signals andmove to close at an appropriate point in sales conversations. Develop ethical techniques to close sales and confirm customers’ purchase agreement.
Gathering Intelligence: Collect, analyse and interpret market intelligence and share it appropriately and effectively within your organisation.
Time Management: Use and adapt appropriate tools and techniques to prioritise and manage your time effectively.
Collaboration and team work: Contribute effectively within a team environment. Work collaboratively with both internal and external stakeholders. Manage communications with the cross-functional team in relation to the effective delivery of your sales, such as finance and service delivery. Support continual business improvement by sharing best practice with sales team colleagues and assist the marketing team to develop new marketing collateral.
Customer experience management: Deliver a positive customer experience. Manage customer enquiries and issues effectively. Take proactive action to prevent and minimise customer concerns and complaints. Handle all customer interactions professionally to the customer’s satisfaction.
Digital skills: Effectively use digital tools to conduct research and target customers in line with the overall sales strategy. Able to deliver presentations and meetings using digital communication. Complete accurate records and process sales in accordance with your organisation’s policies, procedures and digital CRM systems.

Your training plan

Sales Executive Level 4 Apprenticeship Standard:

Face-to-face training sessions with the Business Loans product team, complemented by reading materials to develop a strong understanding of various lending products
On-the-job training to review, analyse, and interpret financial documents, ensuring accurate assessments of client eligibility
In-depth training on the CRM system, covering how to efficiently access customer information, update records, and manage loan applications

More training information

The apprentcieship standard will be delivered by a specialist Tutor remote and will take place at least once a month

Requirements

Essential qualifications

GCSE in:

English (grade 4-9)
Maths (grade 4-9)

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

Communication skills
Attention to detail
Administrative skills
Patience
Time management
Sales
Team Work

Other requirements

This is an on-site role in Hammersmith (no remote work) • The role requires excellent communication skills and confidence in engaging with business owners • Performance-driven environment with strong learning opportunities

About this company

LoanTube isn’t just a FinTech company – it’s the go-to loans marketplace for all of the UK. Launched in 2019, we’re a UK-based, FCA-authorised credit broker, especially focused on championing the underserved. Revolutionising Access to Loans: Speed, Transparency, and Fairness: In just five years, we’ve become a leading tech-driven personal loans marketplace, processing over 5,000 applications daily. Our groundbreaking platform connects you with the right lenders in seconds. We prioritise transparency and fairness, ensuring you only see real, in-principle approved loan offers with transparent APRs. What you see on LoanTube is what you get! Helping both Consumers and SMEs We’re more than just loans; we’re about levelling the playing field. From near-prime and sub-prime borrowers to small and medium-sized enterprises (SMEs), we cater to those traditionally underserved by financial institutions. In early 2024, we expanded our operations and launched our B2B brokerage arm to enable the UK’s 5.5 million SMEs to raise loans as effortlessly as our B2C customers have come to expect.

http://www.loantube.com (opens in new tab)

Company benefits

Based in Hammersmith, our office provides a top-tier work environment with great transport links and an on-site gym.

After this apprenticeship

Potential for a full-time role as a Business Loan Broker
Career growth into senior sales or leadership roles within LoanTube
Further opportunities to specialise in financial services sector

Ask a question

The contact for this apprenticeship is: