Midland Equipment Finance (MEF), a division of Midland States Bank (Member FDIC), helps businesses achieve success with simplified financing options, competitive pricing and fast processing. Long-term relationships are everything to us. We measure our success on that of the vendors we serve and the satisfaction of their customers.
Midland Equipment Finance is seeking a talented and energetic Transaction Coordinator I responsible for customer service activities such as extension of new leases and disbursement of funds.
Responsibilities and Duties:
Prioritize transactions from origination until payment disbursement while maintaining proper risk controls.
Process lease and loan documentation requests effectively and accurately for multiple sales channels by obtaining, validating, completing and maintaining all necessary documentation.
Follow up on outstanding documentation packages and review executed documentation packages for accuracy within company compliance, credit, legal and operation guidelines.
Prepare purchase orders or Letters of Intent, as necessary, and obtain signature/approval. Approve purchase orders or letters of intent up to the proper authority level.
File Uniform Commercial Code (UCC) financing statements or other necessary instruments to protect and perfect the company’s interest in financed equipment.
Obtain verbal verification of equipment delivery and/or authorization to disburse funds, if required.
Prepare and submit file for funding review.
Review third party document package submissions up to the proper authority level and submit to second reviewer for sign off on submission.
Present transaction issues to senior level associates, supervisors or management for proper guidance.
Document all conversations and actions taken on transactions within the system of record.
Support the organization by assisting in entering application data for financing opportunities and submitting to credit.
Monitor open customer service requests and verify all needs are addressed.
Prioritize daily workflow to ensure accurate completion of requests in a timely manner and provide excellent customer service to internal and external customers.
Provide various services to support department manager and other staff in accordance with company policies, procedures and guidelines.
Qualifications and Education:
Bachelor’s degree in related field or equivalent combination of education and experience required.
1+ years direct equipment financing/leasing and contract experience preferred.
1+ years customer service experience preferred.
Interested candidates can apply directly for this opportunity Here!
The above lists of Responsibilities, Duties, Qualifications and Education are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
About Midland Equipment Finance
Midland Equipment Finance (MEF) is a division of Midland States Bank (Member FDIC), providing finance solutions for U.S. businesses primarily in the construction, transportation, waste, manufacturing, specialty vehicle and healthcare industries. The division is headquartered in St. Louis, Missouri and operates from sales offices, nationwide.
What sets us apart is our ability to provide financial strength while putting our heart and soul into every relationship, every experience and every interaction. We truly care about our partners and customers. We want to help them achieve financial success and we do that one conversation and one transaction at a time.
Ranked among the top 40 U.S. Equipment Finance Companies by The Monitor Daily as the 25th largest by new business volume originated from vendors/dealers (as of June 2020)
Ranked among the top 100 U.S. Equipment Finance Companies by The Monitor Daily as the 79th largest by total assets and 67th largest by new business volume
Ranked among the top 50 U.S. Bank Equipment Finance Companies by The Monitor Daily as the 48th largest by total assets and 42nd largest by new business volume
Midland Equipment Finance continues to grow at a face pace, exceeding $750 million in total assets, as of June 30, 2020 and, as a result, is now in need of additional support as outlined in this opportunity.