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Business Development Representative

Kinetic Leasing, Inc.
Fargo, ND Full Time
POSTED ON 3/25/2024 CLOSED ON 4/30/2024

What are the responsibilities and job description for the Business Development Representative position at Kinetic Leasing, Inc.?

KINETIC LEASING, INC.

POSITION: Business Development / Account Executive

SALARY RANGE: $50,000 to $60,000 – fixed base salary plus monthly commission/incentives

HOURS OR WORK: Generally 8:00 a.m. to 5:00 p.m. Monday - Friday. Requires some

flexibility in work schedule, and occasional additional hours depending

on the volume of new lease contracts sourced, and the amount of time

needed to achieve personal goals and help the company reach its goals.

JOB DUTIES:

1. Direct Lease Marketing

a. Solicit and develop equipment lease volume within various industry segments identified by the owners of Kinetic Leasing. The generation of lease volume is primarily conducted through mailers, telephone follow-ups, and on-site visits.

i. Municipal markets (ie: schools, cities, counties, townships, etc.)

ii. General commercial market (including construction and manufacturing)

iii. Healthcare / medical industry

b. Solicit and develop vendor lease programs

c. Direct marketing efforts will be done via:

i. Direct contacts to customers, manufacturers and dealers of equipment

ii. Direct Telephone Marketing

iii. Direct Mail Marketing

d. Geographical areas include:

i. Minnesota

ii. North & South Dakota

iii. Iowa

iv. Wisconsin

e. Lease Products will include

i. Lease Purchases - $1.00 buyouts, 10%, 20%, etc

ii. Lease Purchases with stated buyouts (ie: 10%, 20%, 25%,etc.)

iii. True Lease – Fair Market Value

iv. True Lease – Fair Market Value – 1st Amendment

v. Operating Lease

vi. Municipal/ Tax Exempt Lease

2. This position will be responsible for the following:

a. Proposal Letters

b. Commitment Letters

c. Documentation – delivery, execution, return and follow up of certain outstanding items prior to lease commencement

d. Submissions to include:

i. Completed application

ii. Financial statements (business and personal as required by Kinetic Leasing)

iii. Equipment specifications

iv. History and background of company

3. Other Duties

a. Assist with the collection of past due lease payments

b. Assist with the collection of current financial information on all transactions awarded to Kinetic Leasing

c. Other duties as may be assigned

QUALIFICATIONS:

1. Commercial equipment leasing experience – not required, but would be beneficial

2. Sales experience – developing business leads, managing customer relationships

3. Banking and/or finance related experience

4. Must be innovative, influential, daring, and direct—with a high tolerance for taking chances.

NOTES:

Priorities in this position should be focused towards generating new lease volume, and secondly assisting in the marketing efforts of Kinetic Leasing to increase the volume of leases generated.

Job Type: Full-time

Pay: $50,000.00 - $60,000.00 per year

Work setting:

  • In-person

Experience:

  • Customer service: 3 years (Preferred)

Ability to Commute:

  • Fargo, ND 58104 (Preferred)

Work Location: In person

Salary : $50,000 - $60,000

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