Account Executive, Outfund
2-5 days a week in office
Revenue-based financing for online businesses
Be an early applicant
Revenue-based financing for online businesses
21-100 employees
Be an early applicant
2-5 days a week in office
21-100 employees
Company mission
Outfund's mission is to be the place to go to grow your business without compromising equity or wasting time fundraising.
Role
Who you are
- An ideal candidate will be highly motivated, organised and proactive, with excellent interpersonal skills that enable them to develop strong relationships with soon-to-be clients
- A passion for sales, drive to succeed and the ability to self-originate will be key, as you will be managing your own pipeline and giving excellent customer service whilst acting as a trusted consultant
- Sourcing target companies across a range of sectors
- Reaching out via phone, email, and other methods to engage with target businesses
- Leveraging outbound channels to generate interest and qualify prospects
- Developing relationships from initial engagement through to onboarding
- Deeply understanding Outfund’s funding solution and tailoring value propositions to client needs
- Managing your own time and sales pipeline efficiently
- Collaborating with the credit team to gather client documents and information
- Resolving client queries and maintaining strong communication
- Demonstrating curiosity and knowledge of business finance
- Providing a slick, professional client experience
- Reporting roadblocks to the wider team
- 2+ years in a targeted sales environment (ideally B2B in SME or finance sectors)
- Passion for sales and comfort speaking to CEOs/business owners
- High self-motivation and strong work ethic
- Proven track record of building relationships and achieving sales targets
- Understanding of business finance or willingness to learn
- Comfortable in a fast-paced, ambitious startup setting
- Confident, enthusiastic, and adaptable
- Keen to hear from those with SME lending or credit brokering experience
What the job involves
- As part of our sales team, you will be responsible for identifying high-growth businesses before reaching out to educate them about the benefits of funding through Outfund
- We are seeking an ambitious individual to join us in championing our smart, tailored, data-driven funding solution and become an integral part of our early-stage but quickly expanding fintech company
Salary benchmarks
Our take
Existing financing solutions for online businesses are far from optimum and not aligned with company goals of revenue generation and equity retention. To remedy this, Outfund has set out to create a fairer way for online businesses to grow fast. Based solely on revenues and performance, and targeting businesses that take online payments, Outfund currently offers between £10,000 and £2 million in funding. Companies must have a minimum of £10,000 monthly turnover, and must have been trading for at least six months.
Outfund charges a share of revenue, one fixed fee of 5% regardless of how the funds are spent. This is different from other providers in the space who charge an increased fee if the funding is used for stock as opposed to marketing.
Armed in 2022 with fresh capital, Outfund has big ambitions for rapid global growth. It is now pledging to invest more than £500m in lending to over 5,000 businesses over 2022 and 23 and will increase its lending limit to £10 million per company to open up to more businesses.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
Apr 2022
$20.2m
SERIES A
Dec 2020
$25m
SEED
Total funding: $45.2m
Company benefits
- Flexible-Remote working
- Device of your choosing (MacBook Air or Dell XPS)
- 24 Days Holiday (excluding Bank Holidays)
- Your Birthday off!
- Support and Coaching
- Discounted gym membership
- Unlimited barista coffee!
- Regular team Happy Hours and events!
- Company Swag
- Private Healthcare
- Perkbox Benefits and Discounts
Company HQ
Holborn, London, UK
Leadership
Daniel Lipinski
(CEO)Founded and sold logistics platform ParcelBright.
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