Commercial loan officers approve the lending of money to businesses. They check if the future borrower is able to repay the loan in a determined time. Some loan officers inform the clients about the diverse types of repayment plans. The client usually chooses the best that fits his budget. A degree on finance, economics, math, or business is highly recommended. They constantly devise strategies where they try to demonstrate the company’s competitiveness.
In a commercial loan officer resume you should specify that you are very patient and very communicative since you’ll be dealing personally with clients. Commercial loan officers should be able to answer all the clients’ questions, that is, they should show that they know everything in regard to loan matters; clients will feel more comfortable with people who are very knowledgeable. Commercial loan officers are constantly traveling and talking on the phone.
129 Cayuga Heights Ave
Augusta, GA 30904
Home: (721) 555-6219
Voice Mail: (721) 555-9020
A challenging and rewarding position as a credit controller or loan officer that
utilizes my commercial loan knowledge and expertise.
2005 – Present Commercial Loan Officer
Capital Finance, Augusta, GA
Responsible for new business development and cross-selling of all bank products
including cash management tools and investment products.
Also responsible for all phases of underwriting loans including real estate analysis,
cash flow models, profitability models and credit underwriting.
Monitored and maintained new and existing portfolio of commercial clients.
Reviewed and maintened portfolio, including approving draw requests, covenant
compliance and quarterly updates.
1998 – 2005 Commercial Loan Officer, Southern Region
Farmers & Merchants Trust, Atlanta, GA
Worked in four major loan offices, and assisted credit administrators and regional
market officer. On three seperate times placed in the top 10% of 50,000 corporate
employees during marketing contests.
1998 B.S., Finance
Ohio University, Athens, OH
Concentration: International Business
Gainesville, Georgia 30504
To gather as many clients as I can and close profitable deals.
- Efficient management of time.
- Helped to implement a plan that attracted thousands of business starters.
- Good communication and analytical skills.
- Can work under a lot of pressure.
– 2007 to Present Commercial Loan Officer- Lite Lender Company, GA.
Participated in the creation of new repayment plans, advocated the one that seemed most viable and persuaded almost 90 clients to select it, and reviewed selective profiles of respectable business owners that could become potential clients of the company. Traveled many miles in order to keep in contact with clients that needed my advice. Updated clients’ information.
– 1996 to 2006 Commercial Loan Officer- Lbx Lending Company, TN. Created a database of almost 500 clients, checked if clients were paying the loan according to the selected plan, and provided valuable advice to clients.
– Brenau University
Bachelor in Finance, 1996.