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Business Development Trainee

Premium Merchant FundingNew York, NY

$82,000 - $125,000 / year

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Overview

Schedule
Full-time
Alternate-schedule
Education
Bachelor's/Undergraduate Degree
Career level
Senior-level
Remote
On-site
Compensation
$82,000-$125,000/year
Benefits
Career Development

Job Description

Business Development Trainee | Premium Merchant Funding Midtown Manhattan | In-Person Only | Immediate Start

"Don't ever let somebody tell you you can't do something. Not even me. You got a dream, you protect it."

Your talent was never the question. The opportunity was.

The Opportunity

This is a rare chance to join the Midtown Manhattan office of Premium Merchant Funding. Headquartered on Wall Street, PMF is the largest broker in the alternative lending industry with 26 offices across 4 countries. Our Midtown office runs as a small, elite unit. In 2025 we paid out over 20 million dollars in broker fees to a team of 50 to 70 agents. We are now on a path to double that.

Business owners across the country are under pressure right now. They need capital to make payroll, expand, and stay afloat. When their bank says no, they call us. Leads are up and we are growing the team to meet demand. That is why this seat is open.

Our interview process is two steps: a virtual screening followed by a final in-person interview.

What We Offer

We provide the leads, the training, and six months of direct mentorship. You build the relationships, generate the applications, and grow a book of business that belongs to you. The first year is the grind. It is supposed to be. But 80 percent of people who make it through year one go on to build a 5 to 10 year career in finance. Desk management is the next step for those who want it. Every one of our 26 office managers started in this exact role.

Year 1 OTE: $82,000 to $125,000+

Year 2 OTE: $200,000 to $350,000

Who We Hire

We recruit for mindset over skill set. Three profiles consistently rise to the top here:

Veterans and Athletes: the discipline, the daily routine, and the ability to hold yourself accountable are the same traits that build top performers and office managers here.

College Grads in Greek Life or Club Leadership: the confidence to talk numbers with business owners is already there. Many of our desk managers and closers come from this background. We extend offers before graduation, but require an in-person final round interview at our Midtown office, four blocks from Port Authority and one block from Grand Central.

Previous Sales Experience:  if you have worked the door, the phone, or the floor for someone else, you already understand the law of averages. Our closers are closing 20 out of every 50 applications agents submit. Two hundred no's for one yes can equal a ten thousand dollar commission check.

The Details

Location: Midtown Manhattan, steps from Grand Central Hours: Monday through Thursday 9AM to 8PM | Friday 9AM to 5PM In-person office only | Inside sales role | Immediate start

"The dream does not protect itself."

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

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FAQs About Business Development Trainee Jobs at Premium Merchant Funding

What is the work location for this position at Premium Merchant Funding?
This job at Premium Merchant Funding is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Premium Merchant Funding?
Candidates can expect a pay range of $82,000 and $125,000 per year.
What employment applies to this position at Premium Merchant Funding?
Premium Merchant Funding lists this position under the following employment categories:
  • Full-time
  • Alternate-schedule
What experience level is required for this role at Premium Merchant Funding?
Premium Merchant Funding is looking for a candidate with "Senior-level" experience level.
What education level is required for this job?
The education requirement for this position is Bachelor's/Undergraduate Degree. Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by Premium Merchant Funding for this role?
Premium Merchant Funding offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Premium Merchant Funding?
You can apply for this role at Premium Merchant Funding either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.