
Business Development Trainee
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Overview
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.

FAQs About Business Development Trainee Jobs at Premium Merchant Funding
- Full-time
- Alternate-schedule