During her service, Peace Corps Volunteer Rachael Saler taught Filipino women to crochet discarded plastic bags into colorful handbags and change purses as a way to engage local communities in business ventures, and teach environmental awareness and recycling. Since the Bag-O Plastic project launched in August 2010, more than 100 women from Bago City in the Philippines have sold 200 bags, earning 63,000 pesos (about $1,500).

For each bag that is sold, the woman who crocheted it receives 80 percent of the earnings. The other 20 percent goes toward the purchasing of zipper, runners, tags, etc. Each woman collects, segregates and washes plastic bags to be crocheted and sold. Women have also begun exchanging plastic bags for rice with other merchants and started plastic-bag collection bins in local commercial areas.

Rachael, who holds a master’s degree from Columbia University and a bachelor’s from Syracuse University, credits her mother for the Bag-O Plastic idea. When her parents visited in 2009, Saler’s mother told her to consider crocheting recycled plastic bags into handbags. Rachael was so inspired by the project she extended her Peace Corps service for a third year to continue it. She completed her Peace Corps service in December 2011.

Loan Officer position, DC

Job Title: Loan Officer

FLSA Status: Exempt Position

LEDC Synopsis: The Latino Economic Development Corporation (LEDC) is a private, non-profit 501©(3) community development corporation founded in 1991. LEDC’s mission is to drive the economic and social advancement of low- to moderate-income Latinos and other D.C. area residents by equipping them with the skills and tools to achieve financial independence and become leaders in their communities.

Position Summary: One of LEDC’s most important services to small businesses is our micro-loan program.  LEDC currently lends up to $50,000 for small or emerging businesses unable to obtain financing from mainstream banks.  The goal of the program is to provide first step financing to promising entrepreneurs increasing their capacity to create wealth for their owners and economic opportunity for the communities they serve.  Many businesses in low-income parts of the city are unable to grow for lack of capital.  We provide financing to such businesses, helping cleaning companies, carry-out restaurants, hair salons, and the like to start or grow their businesses.

Essential Job Duties/Responsibilities:

  • Develops, Evaluate and Present to the credit committee loan recommendations for existing and prospective customers.
  • Negotiate to properly structured and priced loans consistent with the LEDC’s credit policies and lending practices.
  • Prepare effective packages for credit approval circulation and to present packages to the required level of credit authority.
  • Maintain close customer contact to ensure continued satisfaction, and to follow or anticipate additional financing needs.
  • Monitor and report changes in credit quality.
  • Attend loan closings to ensure loans are properly closed.
  • Effectively track portfolio quality of his/her portfolio including contact clients with past due payments
  • Ensure that LEDC is in possession of current financial information and that the information has been properly analyzed and on file, and that proper and complete credit files are on hand.
  • Participate on  promoting LEDC products and services
  • Believes in and promotes the LEDC values, mission and culture, both internally and externally.
  • Responsible for the total customer relationship.
  • Develop LEDC pre and post loan technical assistance for lending clients

Education and Experience Qualifications Required:

·         Bachelor’s degree, preferably in Accounting or Finance.

·         One or more years of experience with a commercial  lender

·         Strong verbal and written communication ability and organizational skills.

·         Proficient on computer skills using Microsoft Word, Excel, Power Point and Outlook.

·         Good level of interpersonal and social skills needed to interact with customers or prospective clients.  Good time management skills

·         Hands on experience working with small business owners

·         Bilingual (English/Spanish), and culturally sensitive

·         Demonstrated commitment to working with low income communities

Salary and Benefits:

·         Salary is commensurate with experience, qualifications, and salary history.   

·         Benefits are competitive within the DC area:  compensation currently includes 3% 401K matched savings plan, healthcare plan with ZERO employee contribution, 10 observed holidays, and 4 weeks of vacation per year.

To apply, send cover letter and resume to Leda Hernandez at No telephone calls please

To learn more about LEDC visit

LEDC is an equal opportunity employer; and does not discriminate on the basis of race, color, religion, sex, national origin, disability or sexual orientation.



Peace Corps Volunteer Works with Beekeepers in Ghana to Generate Sustainable Income through Honey Sales

“Through the training, we hope to teach community members about establishing bee colonies and sustainable harvesting practices. Eventually, we’d like to produce enough honey to provide some to the school-feeding program at the local primary school, which contributes to childhood nutrition within the community.” - Peace Corps Volunteer Molly Rooney

Small Business Loan Officer positions, NYC and Seattle

The Grow America Fund is seeking to fill two positions for Small Business Loan Officers.   The Grow America Fund, Inc, (GAF), a subsidiary of the National Development Council, is a CDFI, a national SBA 7(a), PLP, non-bank lender.  GAF has a portfolio of approximately 150 loans with an average size of $350,000.  GAF actively conducts business in approximately 25 different client communities throughout the US and has ambitious growth plans.  


 Loan Officers are responsible for marketing, sourcing, evaluating and underwriting the SBA 7(a) loans in the various client communities.  The Loan Officer works under general supervision of the GAF Chief of Credit, exercising significant latitude in the use of initiative and independent judgment in the performance of his (or her) responsibilities.


One position will be located in Seattle and the second position will be located in New York City.  The job involves weekly travel to visit potential borrowers and to attend internal meetings of staff and management.


Develop and maintain referral sources for prospective small businesses located within the client communities and in need of financing, Interview and screen prospective loan applicants to determine if minimal loan qualification standards are met,Assist potential borrowers find alternative financing resources if they do not qualify for the GAF program, Gather data necessary to complete application package and source documents for credit analysis of all qualified applicants, Perform credit analysis and underwriting functions for qualified applicants, Structure financing packages to match potential borrower needs using in matching sources and uses of funds as well as repayment terms, Prepare and present loan reports to the GAF credit committee, Negotiate any remaining loan structuring elements and issue commitment letters, Assist loan closing officer with preparation of closing documents, liaison with attorneys and SBA and gathering of final documents required by the particular type of SBA loan being closed, Assist portfolio management with servicing issues and borrower relationships during the entire life of the loan, including but not limited to modifications of collateral, site visits, annual reviews, SBA audits workout plans and liquidations.


Experience and Education

Bachelors degree from an accredited four-year college or university with major course work in finance, business administration, economics or a related field, Minimum five years of experience in commercial banking, business or community lending.

Knowledge, Skills and Abilities

Strong analytical, time management and organizational skills as well as a high level of attention to detail, Effective written and verbal communication skills with the ability to be persuasive one-on-one as well as in a group setting, Knowledge and experience in program and task management, Ability to work effectively with community-based organizations, banks, CPAs, small businesses, entrepreneurs and public sector administrators, Impeccable personal integrity and ability to maintain confidentiality of borrower data, Computer literacy in contact management, word processing, spreadsheet and database programs. 


To apply, submit a resume to by July 15, 2011.  



“You go into the shop and - you know - you cut yourself, you burn yourself, you fuck stuff up, you - like, you know - ruin something you’ve worked on for three weeks.  And you never make that mistake again.  So this is how I learned.”

Business Success Seminars return this week!

We’re kicking off this popular series on Wednesday, October 1st with Del Mar Clark of Lopez Negrete Communications, who will give insight into the New Generation Latino market and how to harness this powerful demographic wave. Join us at 8:00 am in library meeting room 131, no registration required. 

Check out the complete schedule of upcoming seminars here: 

LocalFoodLab Invites YOU to Small Business Hack-a-Thon June 21st and 22nd in San Francisco!

Small Business Hack-a-Thon is San Francisco’s two day event bringing together designers, developers, entrepreneurs, and innovators to build mobile apps and boost the financial success of small business owners.

Food and Tech is truly combining in modern day business and society. Why not stay current or better position yourself amongst your competition?

Interested in attending? View details ,ticket links, and more here (as posted via LocalFoodLab mailing list):

Do you have an idea for a food tech app that could help small business owners? Or do you want to team up with others who do for a chance to win $20,000 worth of prizes? Join Capital One and the Center for Financial Services Innovation for an intimate weekend combining tech and small business—you don’t need to be a developer to attend!

Use promo code “LFL50” to get tickets for only $10.

Saturday, June 21st, 9a - 11p — Sunday, June 22nd, 8a - 3p
Get Tickets to the SmallBizDev Hackathon

Get tickets here:


Director of Small Business Services, DC

Position Posting: LEDC Director of Small Business Services

   Organization Description

   The Latino Economic Development Corporation (LEDC) is a non-profit, tax-exempt (501© (3) status) community development corporation founded in 1991. It is certified as a Community Development Financial Institution (CDFI). LEDC’s mission is to improve the wealth building capacity of low to moderate-income Latinos and other underserved communities in the Washington DC metropolitan area.  It achieves its mission through small business development and lending, homeownership counseling and affordable housing preservation.  LEDC’s small business client portfolio includes entrepreneurs in DC, Maryland and Virginia; and includes individuals from a wide variety of ethnic and cultural backgrounds, and of business sophistication.  LEDC’s main office is in the Shaw neighborhood of Washington DC, with branch offices in Wheaton and Baltimore, Maryland.

   Small Business Services Background

   LEDC provides aspiring and existing small business owners with support via a suite of services. We provide group training on various technical topics that are targeted to entrepreneurs at all stages of business development (from start-up to expansion modes). LEDC also provides one-on-one coaching to entrepreneurs to help them overcome barriers to development and success such as obtaining required licenses or permits, finalizing business plans, automating accounting systems, and developing marketing plans. The third component of our assistance is small business financing provided through our in-house microloan program. 

LEDC currently lends between $5,000- $50,000 for small or emerging businesses unable to obtain financing from mainstream banks.  The goal of the program is to provide first step financing to promising entrepreneurs, and we ultimately seek to “graduate” them to larger loans with traditional lenders, thereby increasing their capacity to create wealth for their owners and economic opportunity for the communities they serve.  Many businesses in the low-income communities we serve are unable to start or grow due to lack of capital.  We provide financing to such businesses, helping cleaning companies, carry-out restaurants, hair salons, and businesses in any field imaginable to start or grow their businesses.

   Position Background

   Our small business training and technical assistance work has been a
   critical component in our work to help individuals create economic
   opportunity for themselves, their families, and their communities. In
   FY14 we served over 750 small businesses with training and technical
   assistance in the DC metropolitan area. Our lending activity is equally
   critical and saw slow growth from its programmatic launch in 1997.
   Since FY2006, the amount of loans disbursed has increased from $79,000 to $1.6 million (doubling over the course of 8 years) in FY2014.

   Currently, the program has a portfolio outstanding of close to $3
   million. The rapid growth of our small business services portfolio
   requires experienced leadership to guide staff, share best practices,
   develop new products, and continuously improve the services that we
   offer to clients with a vision of what the loan program can achieve for
   LEDC and its clients over the next five years. Specifically, the LEDC
   Director of Small Business Services will aim to achieve the following

     * Motivate and inspire a team of small business coaches and loan
       officers to fulfill their full potential of supporting small
       businesses through technical assistance, training, and financial
     * Maintain and create relationships with funders, including ensuring
       that all goals outlined in grant agreements are met or exceeded
       during contract periods;
     * Secure new funding for small business service operations and loan
       capital through existing and developed funder relationships related
       to the field;
     * Effectively manage portfolio risk (examination of underwriting and
       credit decision practices, loan concentration issues, pricing and
       reserve policies);
     * Further develop pre- and post- loan technical assistance and
       training for LEDC borrowers;
     * Provide direct service (underwrite loans, provide technical
       assistance) to small business clients;
     * Encourage efficiency within the Small Business Services programs by researching and applying industry innovations;
     * Effectively track and demonstrate positive financial and social
     * Develop annual and long term program and financial goals and
       objectives within the corporate mission and vision of LEDC;
     * Demonstrate organizational leadership and input as a member of the  LEDC Leadership Team.


   To meet these objectives, the Director of Small Business Services will
   manage the following responsibilities:

     * Develop and manage regional small business program strategy, work with LEDC development staff to continually build sources of loan
       capital and operational funding;
     * Monitor and evaluate small business program and loan portfolio
       performance in terms of financial sustainability and social impact
       and communicate the impacts of LEDC small business interventions to  other LEDC Directors and external stakeholders;
     * Manage loan program budget and financial position, regularly
       evaluate micro-loan portfolio, and ensure loan program compliance
       with stakeholder requirements through coordination with our
       Portfolio Manager and CFO;
     * Develop new TA and loan products, tools and processes to improve
       quality and efficiency of LEDC services to clients, and train staff
       members to use these tools;
     * Manage a staff of 9 consisting of small business coaches, loan
       officers, a portfolio manager, and a portfolio administrator–as
       well as occasional projects performed by consultants and interns
     * Review all loans before going to credit committee (>20K), approve
       loans between $5,000 and $20,000; and coach and train staff on loan  practices as the program continues to expand;
     * Cultivate relationships with governments, foundations, investors,
       corporate partners, commercial banks, credit unions, and
     * Promote coordination and collaboration across all small business
       programs (technical assistance, training, and lending);
     * Devise strategies for incentives for balancing loan production with
       achieving social impact and reaching LEDC’s core constituents;
     * Monitor and/or lead compliance activity and reporting to funders.


     * MA/MBA or equivalent high level degree in accounting or finance;
     * Excellent written and verbal communications skills required;

     * Effective and motivational manager of diverse and disperse teams;
     * Proven fundraiser, ideally bringing your own set of funder
     * At least three years of micro-lending or business lending
       experience, including underwriting and loan/portfolio management or equivalent experience in finance. Two years of management
     * Strong grasp of domestic microenterprise, microfinance, and
       community economic development best practices, tools, and
     * Significant loan administration and underwriting experience
     * Hands-on experience working with small business owners a must;
     * Innovative and creative problem-solving mindset;
     * Bilingual (English/Spanish), and culturally sensitive required;
     * Capable of coordinating across various internal departments;
     * Able to track performance against goals vs. a series of externally-
       and internally-driven success metrics; and
     * Demonstrated commitment to working with low-wealth community.

     * Salary is commensurate with experience, plus full benefits and
       generous vacation.
     * Exempt position.

     * Looking to fill the position in February, 2015.

   LEDC is an affirmative action, equal opportunity employer; women and people of color are strongly encouraged to apply.

   To apply, send cover letter and resume to Marla Bilonick at . No phone calls please. Applications will
   be collected through January 31^st, 2015 and qualified candidates will
   be contacted to set up an interview.

   To learn more about LEDC visit

Detroit is the Dream Destination for Businesses Both Big and Small

Detroit will soon be home to one of the fastest growing social networks in the world. TWITTER will open an office in the M@dison, which was developed by Quicken Loans, the 5th largest retail mortgage lender in the country. In an effort to get in on the ground floor of Detroit’s Quicken Loans made Detroit its home in 2009 and MANY large and small companies are following suit.

Keep reading

Sr. Loan Officer position, NYC

Senior Loan Officer

Business Center for New Americans, NYC

The Business Center for New Americans (BCNA) is a non-profit that creates a pathway to self-sufficiency for immigrants, refugees, women and others by providing access to capital, specialized training, technical assistance and personalized coaching. BCNA is a Small Business Administration (SBA) Approved Intermediary Lender and certified as a Community Development Financial Institution (CDFI) by the CDFI Fund at the US Department of Treasury. As of September 30, 2011, we have made over $8.5 million in microloans which range from $500 to $35,000. We also have an Individual Development Account (IDA) Program and a First Home Program.


BCNA is currently looking to expand our lending services and in search of a Senior Loan Officer to join our team of staff. The ideal person is someone who is self motivated but enjoys team work and able to motivate the other staff to improve an existing loan program and take it to the next level of excellence.


Job Description Summary: The Senior Loan Officer oversees the operation of a growing microloan program that helps beginning and under-served micro and small business entrepreneurs by providing loans to start up, strengthen, or expand their businesses. The goal of the program is to help participants increase assets, income, and independence through their successful ownership of businesses. While the primary function of the Senior Loan Program Officer is to maintain and build the capacity of BCNA’s Micro Loan Program to provide larger micro-loans to all eligible entrepreneurs in NYC, the expansion of services in the borough of Queens, NYC, is a priority.


As Senior Loan Officer for the Business Center for New Americans, this person is responsible for:


·         Underwriting - the assessment and credit risk analysis of potential borrowers

·         Technical Assistance – technical assistance to individual clients with larger micro-businesses


·         Marketing & Networking – develop a marketing plan, in collaboration with the other staff, which targets refugee and immigrant communities, with the goal of building up the client base


·          Supervision & Management of Microenterprise Dev. Program– supervise loan officers and outreach staff for the borough of Queens.



·         Representing BCNA at Meetings and Panel Discussions – represent BCNA at community meetings and panel discussions which focus on access to credit and how to support entrepreneurship among immigrants, refugees, and women.



·         A minimum of a four year degree from an accredited university in a relevant discipline. 

·         Minimum of three years experience in community or economic development lending, and/or microfinance with lending institutions, government loan programs or community lenders with a solid understanding of consumer financing rules and regulations. 

·         Good public speaker with demonstrated marketing, sales, and/or community organizing skills.

·         Organized self-starter with strong analytical skills and ability to multi-task.

·         Customer service oriented, patient, flexible, with ability to accept and give constructive feedback and a sense of humor.

·         Knowledge of NYC with willingness and ability to travel to engage in marketing and outreach activities.

·         Ability to work some evenings and occasional weekend days to attend meetings, seminars and events.

·         A second language a plus but not a requirement.


COMPENSATION:  Salary is commensurate with experience. Benefits include: 4 week vacation, 12 paid holidays, health/disability/dental insurance, monthly metro card, and pension plan.  BCNA is an equal opportunity employer and the board of directors and staff value diversity in all aspects of employment.


FOR CONSIDERATION: Please send a cover letter and resume along with salary requirements to Resumes will be accepted until the position is filled.


Starting a business can seem like an intimidating and overwhelming process. If you are driven and motivated, however, this shouldn’t prevent you from following you dream. Check out this article if you want to open your own business in Massachusetts; it provides answers to three questions every wannabe entrepreneur has at the start of their journey.

Technical Assistance Coordinator position, Georgia

Technical Assistance Coordinator (Business Development Services)
Access to Capital for Entrepreneurs is looking for a highly motivated small business expert to help lead and coordinate our technical assistance services to small businesses in N. Georgia and metro-Atlanta. This position will provide direct technical assistance, manage consultants who provide technical assistance and ensure appropriate technical assistance management systems are in place. 
Position Description:
The Technical Assistance Coordinator (TAC) is primarily responsible for designing and implementing an enhanced suite of services for clients. Services include, but are not limited to, program development and management, training/coaching and technical assistance. The TAC will also actively assess the market and ensure that the program and technical assistance offerings accurately reflect the evolving needs of clients and other stakeholders. The duties and responsibilities of the TAC include but are not limited to the following:
Technical Assistance (85%)
Conduct organizational assessments of small enterprises within ACE’s portfolio
Develop and maintain assessment tools and resources for new borrowers and existing clients
Develop and manage relationships to establish a network of external technical assistance providers that have requisite skill sets to provide specialized services
Manage technical assistance consultants to ensure quality and professional service delivery
Provide direct technical assistance to existing clients in remote areas with core business planning, financial analysis, financial systems development and strategic planning
Provides post-loan-closing technical assistance
Ensure adequate systems to track the impact of technical assistance provision and ensure that the organization adheres to tracking and reporting guidelines
Evaluate and improve the ongoing provision of technical assistance
Work closely with staff to identify client technical assistance needs and solutions
Training & Outreach (15%)
Manage and align resources needed to provide occasional workshops, webinars or classroom-based trainings
Assist in the content development for new workshops and webinars, etc
Minimum Qualifications and Characteristics
Minimum of four years of extensive experience as a small business owner, or experience working with and advising businesses. An education level that consists at minimum a bachelor’s degree in business administration, management or related field from a four-year college or university; MBA preferred. Demonstrable experience as trainer and/or consultant. Ability to establish & maintain effective relationships & partnerships with key stakeholders. Experience working with M/WBE, LMI businesses. Strong financial management, business planning and strategic planning skills. Strong written, interpersonal and presentation-based communication skills. Strong computer skills. Well-organized, attentive to detail, creative, able to work on multiple projects at once. Keen sense of humor
Additional Information
Willing to consider applicants on a telecommute basis.
Please e-mail your resume, three references, salary requirements, and a cover letter to  You must include “Technical Assistance Coordinator” in the subject line of the e-mail in order for it to be processed. Only candidates selected for an interview will be contacted.
The application period will close at 5pm, Friday, April 1, 2011.
Access to Capital for Entrepreneurs (ACE) provides loan capital and development services to microenterprises in a 68 county area of North Georgia and metro-Atlanta. Loan products include Microloans of $500 to $50,000 and Green Loans of $500 to $50,000. To date, ACE has loaned over $6 million to 300 Georgia businesses and helped create or retain over 1,000 jobs. Established in 2000, ACE is an SBA Microloan Intermediary, a USDA Intermediary Re-lender and a certified Community Development Financial Institution (CDFI). Our team consists of 9 full-time staff. We are headquartered in Cleveland, GA with satellite offices in Athens and Atlanta.
For more information about ACE, visit and
ACE is an equal opportunity employer.

The topic of sustainability is indeed a vital conversation, a part of that conversation is the ability to engage and transact business across platforms with diverse businesses. Diverse can be categorized within sector, intelligence, innovation, service, product, race and gender. When states and organizations apply a process, meaningful management and healthy practice to include and grow businesses the impact is economic, job creation, education, investment in shareholder and stakeholder development that advances sustainable outcomes overtime produces sustainability. The Ohio Development Services Agency Business Matchmaker is open for 2013.

Controller position, NYC




Accion East and Online empowers low- to moderate-income business owners through access to capital and financial education. Since opening our doors in 1991, we have provided over $140 million in capital to small business owners, creating or sustaining over 96,800 jobs within local communities.  For more information, see


To manage the yearly financial performance of the organization in-line with budgeted expectations, including cash management and access to lending capital as we increase lending volume by over 70% over next three years.  In addition, Controller assists in improving customer satisfaction by ensuring timely and courteous fulfillment of loan-related transactions, inquiries and processing for new and existing clients.  Controller reports to CEO and manages accounting department (3 people) and service center (3 people).


•             Lead and manage relationship with Finance and Audit Committee of Board of Directors

•             Deliver board approved budget by December of each year (one month prior to start of fiscal year)

•             Deliver audited financial statements and tax returns by April and May after calendar year end, respectively

•             Develop leadership of accounting and service teams by end of year one

•             Generate monthly financial reports by 15th of each month for review by Leadership Team and/or members of the Board of Directors

•             Increase client service capacity of existing accounting and service teams by 70% over next three years (from 1,550 to 2,600)

•             Secure $4 million in new or renewed loan capital by end of year one

•             Identify and realize organization-wide annual savings of 1% - 3% of total operating expenses

•             Manage all insurance coverage for the organization and realize annual savings of 5% - 10%

•             Manage software vendor relationship for loan portfolio and financial accounting systems


The core competencies required for this position include: attention to detail; clear and timely written and verbal communication; proactivity; organization, coordination and planning; analytical skills; proven ability to develop people; teamwork and ‘rolling up your sleeves’; persuasion; transparency; enthusiasm; and approachability.

In addition, the Controller is expected to reflect the organizational values of Accion East, including:

•             Adaptability. We are innovators; we continually improve ourselves and our world. We take risks to do so;

•             Dedication. We give 100% at all times. We are committed to Accion, our mission and our clients;

•             Integrity. We earn trust by making promises-and keeping them;

•             Empathy. We walk in others’ shoes. We know that true understanding must occur at an emotional and intellectual level;

•             Inclusion. We create community. We value the contributions of every person; and

•             Passion. We are proud about being Accionistas; we work to honor our values in everything we do.


•             Over five (5) years of financial and non-profit management experience; preferably in high-volume transaction environments

•             Experienced manager of departments with five (5) or more people

•             Minimum BA in Accounting; CPA or MBA preferred

•             Bilingual in Spanish and English preferred


•             Salary of $90,000

•             Excellent medical, dental and vision benefits; 401k plan


•             Resume

•             Cover letter describing your experience with similar Outcomes to those we expect from our Controller

Director of Lending position, Duluth, MN

Director of Lending


The Entrepreneur Fund, an organization dedicated to increasing the number of high-skilled entrepreneurs in the region, provides direct financing and support services for entrepreneurs in Northeast Minnesota and Northwest Wisconsin.  The Director of Lending is responsible for leading the growth of the loan fund, overseeing all aspects of loan operations, and managing the portfolio. 


With beginnings as an industry-leading micro lender, the Entrepreneur Fund is looking for the right candidate to grow its high performing portfolio from $3.2 million in 2012 to $8 million by 2016 through focused strategies to become a leading small business lender. 


The Director of Lending aligns lending operations to meet the strategic goals of the organization and is responsible for meeting goals related to loan growth, earned revenue, mission fulfillment, and portfolio management.  Experience in small business lending operations, the ability to work in a high performing team, and a desire for innovation and continuous improvement to meet social and financial goals will be critical for success.



Key individuals interested in this position should have:

  • 5+ years experience in and comprehensive knowledge of all aspects of small business lending required.  Community banking or economic development lending experience preferred.
  • A passion for responsibly meeting the financing needs of regional entrepreneurs.
  • Experience with executing and selling SBA 7a loans and the ability to introduce new lending products.
  • 3+ years experience in a management role preferred.
  • Demonstrated knowledge of commercial business underwriting and overall portfolio management.
  • Knowledge of best practices in restructuring, delinquency, and collections.
  • A proven ability or desire to lead teams and work cross-functionally to meet customer needs and organizational goals. 
  • A positive, results oriented attitude.
  • Strong communication skills with a desire for leadership.
  • Systems thinking for driving growth strategies.
  • A desire for innovation.
  • An ability to integrate technology to improve efficiencies and communication.
  • Demonstrated track record in lending, in this region, is preferred.


Interested applicants should submit their resume to or mail to Carmen Beardsley, Entrepreneur Fund, 202 W. Superior Street, Suite 311, Duluth, MN 55802.  Position is open until filled.