Braun Board

Business Development Manager

Lovey · Birmingham, UK

Base
Not disclosed
OTE
Not disclosed
Posted
2mo ago

Still open · checked 2h agoon Lovey's careers page

The job

What you'd do
Sell SME business loans and brokered funding to UK business owners through high-volume outbound cold calling, owning the full cycle from prospecting to close. Office-based in Birmingham city centre.
Who you'd sell to
Still reading the posting. Check back within the hour.
Where deals come from
Mostly you. Expect a lot of outbound: cold calls, emails and LinkedIn.

The Braun Read

Proceed with caution

A few things here deserve a hard look before you spend time on it.

Pay
No pay listed at all.
Transparency
Says nothing about quota, attainment, deal size, territory or sales cycle.
Time on market
Open 81 days. Ask why it's been hard to fill.
Company hiring
2 sales roles open, hiring at a steady pace.

Red lights

  • "Unlimited earnings," no numbers. It sells uncapped or unlimited earnings but never says what anyone actually earns.

Green lights

None spotted.

Based only on what the posting says. Lights are a starting point for your first call, not a final judgment.

Questions to ask on the first call

Built from what this posting leaves out. How they answer tells you as much as what they say.

  1. 1.

    What did the median rep and the top rep actually earn last year?

    "Unlimited" is a ceiling, not a number. You need the median.

  2. 2.

    What percentage of fully ramped reps hit quota last year?

    OTE is what you could earn. This is how likely you are to earn it.

  3. 3.

    What are the base and the OTE for this role?

    No point investing hours before you know the number.

  4. 4.

    What's the annual quota, and how was it set?

    A quota built from real data is a target. Otherwise it's a hope.

  5. 5.

    What share of last year's closed deals did reps source themselves?

    Shows how much pipeline you'll have to build on your own.

  6. 6.

    Why is this role open? Did someone leave, or is it new?

    New headcount is growth. A replacement means someone left. Ask why.

› When the offer comes

Save these for later. They land better once they've said yes to you.

  1. 1.

    Can I see the full comp plan in writing, including clawbacks and accelerators?

    What's in writing is what gets paid. Read it before you sign.

  2. 2.

    Can I see the actual comp distribution for the team last year, not just the OTE?

    The spread shows what most reps really take home. OTE is just the target.

  3. 3.

    I'd be walking away from earned commission to join. Is there room for a sign-on bonus to help cover that?

    Leaving money behind is a fair reason to ask. The worst answer is no.

Josh's top five questions for any sales interview →

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Full posting
Business Development Manager Permanent - Full Time - Birmingham City Centre - Office Based Salary: £40,000 basic + uncapped commission - £100,000+ OTE About Lovey Be Part of One of the UK’s Fastest-Growing Finance Companies Lovey (formerly Love Finance), the UK's fastest-growing SME lender and broker, founded in 2016 by Jack Smith to simplify business lending. With a mission to make lending simple and fast, Lovey has funded over £500 million in loans for more than 10,000 SMEs across the UK. Recognised by EY, Deloitte, The Sunday Times, Financial Times, UK Growth Index, FeBe, and Sifted as one of the UK's fastest-growing companies. Lovey combines direct lending and brokerage services to deliver fast, flexible, and tailored funding solutions. With an industry-leading 5-star Trustpilot rating, businesses can enquire in 60 seconds and receive funding in as little as 4 hours. Requirements About the Business Development Manager Role: This is a role where you will own the entire sales process - from generating your own leads and making the initial approach, through to building the relationship, managing the opportunity and ultimately closing the deal. You'll be responsible for developing your own pipeline through proactive outbound activity, speaking directly with business owners and decision-makers, understanding their funding requirements and converting those conversations into revenue. This is not an appointment-setting role. You generate your own opportunities, and you close your own deals. You'll have ownership of your pipeline and the opportunity to directly influence your earnings through your performance. You'll need to be confident picking up the phone, generating your own opportunities and taking them through the full sales process. From the initial conversation through to understanding the customer's needs, presenting the right funding solution and closing the deal, you'll own the relationship and be responsible for converting your own pipeline into revenue. The ideal candidate will be confident, commercially driven and highly motivated by targets and earning potential. You'll be resilient enough to deal with rejection, disciplined enough to build your own pipeline and hungry enough to close the deals you've created. Key Responsibilities: · Generate your own leads and build a consistent pipeline of new business opportunities. · Make high-volume outbound calls to businesses and prospective customers. · Identify and engage business owners and senior decision-makers. · Develop new business opportunities through proactive prospecting and outbound activity. · Understand customers' businesses and identify their funding requirements. · Qualify opportunities and determine the most appropriate funding solutions. · Manage the full sales process from initial contact through to close. · Build strong relationships with prospects and convert them into customers. · Handle objections, negotiate and confidently ask for the sale. · Follow up consistently and manage your pipeline to maximise conversion. · Take ownership of your sales activity, pipeline, revenue and results. · Consistently work towards and exceed agreed activity, revenue and sales targets. · Develop a strong understanding of the business finance market and the funding solutions available through Lovey. About You We're looking for high-energy, driven individuals who are ambitious, competitive and motivated to succeed. If you're someone who thrives in a fast-paced sales environment, enjoys picking up the phone and is motivated by achieving big results, you'll fit right in. We're looking for an ambitious, commercially driven salesperson who wants ownership of their results and the opportunity to earn serious money. You'll be someone who: · Confident and comfortable making high volumes of outbound calls. · Naturally persuasive and able to build rapport quickly. · Resilient and comfortable with cold calling, rejection and challenging conversations. · Commercially minded and highly motivated by targets and financial reward. · Hungry to generate their own opportunities rather than relying on inbound leads. · Confident and capable of taking a prospect from initial conversation through to close. · Proactive, competitive and driven to succeed. · Well organised with strong pipeline and follow-up skills. · Confident speaking to business owners and senior decision-makers. · Accountable for their own performance and motivated by exceeding targets. · Eager to build a long-term career in a high-growth sales environment. Experience in B2B sales, business development, telesales or a full-cycle sales environment is essential, with a proven ability to generate opportunities and close business. If you're ready to take ownership of your own pipeline, generate your own business, close your own deals and be rewarded for your performance, we'd love to hear from you. Benefits Why Lovey? Because this is an opportunity to build something. You'll be joining a high-growth business at an exciting stage of its journey, working alongside ambitious people in an environment where performance is noticed and rewarded. You'll have the opportunity to: - Earn £100,000+ OTE as you develop your desk. - Benefit from uncapped commission. - Build and own your own pipeline. - Develop genuine expertise in business finance. - Work directly with business owners and decision-makers. - Progress your career within a rapidly growing company. - Be surrounded by ambitious, commercially driven people. - Have a direct impact on your earnings and career progression.
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