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MoFi hiring Manager of Strategic Partnerships and Client Accounting Manager

  • 1.  MoFi hiring Manager of Strategic Partnerships and Client Accounting Manager

    Posted 03-14-2019 08:00 PM
    Edited by Amy Rathke 03-15-2019 11:25 AM
    Manager of Strategic Partnerships

    MoFi provides entrepreneurs and business owners with business financing when they are not eligible for financing at a bank. MoFi's clients are low wealth, low income, lacking in assets, and/or starting a new business. But, within 36 months, most of MoFi's clients are eligible for a bank loan. Bankability is helped through MoFis comprehensive consulting services which have traditionally focused on wealth, asset and credit building.

    Starting in 2019, MoFi will add inclusive hiring strategies to its standard suite of consulting services. This program, offered on a limited basis to clients over the past ten years, has been instrumental in helping businesses attract, train and retain good employees while also helping to rebuild the middle class in their communities. This program opens the door to jobs for low income people – doors that otherwise would not be open. This position will help MoFi clients, targeted communities, and larger employers implement inclusive hiring strategies. The position will also help build a program that can be scaled to other organizations across the US.

    Learn more and apply.

    Portfolio Relationship Manager

    MoFi provides entrepreneurs and business owners with business financing when they are not eligible for financing at a bank. MoFi’s clients are low wealth, low income, lacking in assets, and/or starting a new business—but within 36 months, most of MoFi’s clients are eligible for a bank loan.

    Bank eligibility doesn’t evolve naturally; it is helped along with a prescribed plan for the borrower that includes achieving and maintaining business profitability, creating savings and assets, becoming a strong financial manager, creating and using accurate and relevant financial statements, building a strong credit history, and developing a business relationship with a commercial lender.

    Plans for achieving bankability are created during underwriting. Plans include (1) a target bankability date that is agreed upon with the client’s banker; (2) a scheduled set of meetings over the phone or in person with MoFi, the client, and the banker; (3) customized business assistance from MoFi’s consulting team which provides accounting, legal, marketing, financial management, credit building, and human resource assistance; (4) bankability metrics tracking including debt service coverage, loan-to-value, profitability, credit score, months in business, and financial statement accuracy; and, as a last step, (5) bank loan application assistance.

    This position is responsible for creation of the bankability plans with the loan officers, and, once a loan is closed, oversight and coordination of the bankability plans with the client and consulting team. This position is primarily focused on ensuring the consulting plan is implemented, helping build a strong relationship between the borrower and their commercial lender, and redesigning the bankability plan if targets are not met as projected by the client.  The overall goal is help clients achieve bankability more quickly.


    Learn more and apply.



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    Amy Rathke
    Business Development Manager
    MoFi
    Missoula MT
    406-728-9234
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