Franchise Underwriter

Franchise Underwriter

Location:

Anywhere, USA | Work Arrangement:
Fully Remote

We are seeking an experienced Franchise Underwriter with a strong background in quick-service restaurant (QSR) lending and commercial credit analysis. This role will focus on underwriting complex franchise financing transactions, including larger deals ranging from $5 million to $25 million, while assessing credit risk, structuring transactions, and supporting syndication to banking partners. The franchise finance group works with approximately 40 approved franchise concepts and supports a high-volume lending platform, with opportunities to work on both smaller transactions and larger, more complex credits.

• Underwrite and analyze franchise financing transactions, primarily within the QSR sector.
• Evaluate borrower financials, cash flow, debt service capacity, collateral, and overall creditworthiness.
• Structure credit facilities, recommend appropriate loan terms, and establish financial covenants to support credit quality and syndication requirements.
• Prepare detailed credit memos, financial models, and underwriting recommendations for credit approval.
• Assess complex transactions, including multi-unit franchise operators and larger financing requests.
• Collaborate with sales, credit, and syndication teams to facilitate deal execution and portfolio quality.
• Identify key risks, recommend mitigants, and ensure transactions align with credit policies and risk standards.

• 3+ years of franchise underwriting experience, with a strong emphasis on QSR concepts.
• Solid commercial credit analysis and underwriting skills, including cash flow analysis and financial modeling.
• Experience structuring commercial financing transactions and evaluating complex borrower relationships.
• Understanding of loan covenants, credit documentation, and bank syndication requirements.
• Strong analytical, communication, and decision-making skills.
• Ability to manage multiple transactions in a fast-paced lending environment.

• Base Salary:
  Up to $140, 000, with potential flexibility up to $165, 000 for highly qualified candidates.
• Annual Bonus:
  Target range of 20 25%.

This is a fully remote opportunity offering exposure to a diverse portfolio of franchise concepts, established lending relationships, and transactions of varying sizes and complexity.