Loan Assistant - Fountain Equipment Finance

Job Details

Description

Loan Assistant- Fountain Equipment Finance

Fountain Equipment Finance, LLC, a wholly owned subsidiary of SmartBank, is based in Knoxville, Tennessee and has been in the equipment financing business for over 35 years focusing on providing financing solutions for the construction and transportation industries. The Company provides capital for the financing of both new and used construction, transportation, and related equipment. The Company primarily operates in 12 states and is partnered with SmartBank, a 40+-branch full-service banking institution with operations throughout Middle & East Tennessee, Alabama and the Florida Panhandle. The Company is looking to add an experienced and proven individual to serve as its Loan Assistant at its Knoxville headquarters.

This role involves supporting the Fountain Equipment Finance production team by managing the administrative and operational aspects of equipment loan processing. This role ensures timely, accurate, and compliant handling of loan documentation, from application through closing, with a focus on commercial and industrial equipment financing.

Our Loan Assistant Will Be Held Accountable To

• Uphold SmartBank Core Values and Core Purpose
• Adheres to and embraces the SmartBank Way by Acting Smart, Looking Smart and Being Smart.
• Assist lenders in preparing and processing loan applications for large equipment financing.
• Collect and verify borrower documentation including financial statements, insurance, and equipment invoices.
• Order and review third-party reports such as UCC searches, appraisals, and lien filings.
• Ensure loan packages comply with internal policies and external regulations.
• Coordinate with vendors, title companies, and internal departments to facilitate smooth loan closings.
• Track and follow up on post-closing items such as insurance verification, lien perfection, and document imaging.
• Maintain accurate loan files and update loan tracking systems.
• Provide exceptional service to internal stakeholders and external clients.
• Perform other duties as assigned.
• Complies with all Applicable federal, state and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.
  
  

Ideal Candidates For The Role Will Include

• Proficient level of computer competency including Microsoft Windows (Word, Excel, Outlook), typing proficient.
• Strong written and oral communication skills.
• Excellent customer service and interpersonal skills.
• Will be required to travel to training sessions or meetings.
• Must be able to able to prioritize and organize daily workflow.
• Familiarity with UCC filings, equipment valuation, and lien perfection processes.
  
  

A career at Fountain Equipment Finance is more than just a job, it is a family where values are upheld and hard work is recognized. Our team of associates are trustworthy, loyal and innovative. We empower our associates to treat our customers with care and to be involved in the communities we support. We build exceptional value by fostering a work environment that respects individual needs, establishes high expectations and recognizes achievement - It is the SmartBank way!