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Premium Merchant Funding salary estimate

$48,337yearly

$23.24 hourly rate

Entry-level salary
$26,000 yearly salary
Updated April 25, 2024

Understanding Premium Merchant Funding Salaries

The average salary at Premium Merchant Funding is approximately $48,337 per year. Salaries can differ based on various factors, including job location and department. For example, finance roles tend to offer higher salaries compared to entry-level positions in other departments. Understanding these nuances helps prospective employees gauge their potential earnings and make informed career decisions.

Highest Paying Jobs

Some of the highest-paying roles within the company include positions in finance and management. These roles typically require specialized skills or experience, contributing to their higher compensation.

Salary by Location

Compensation varies significantly by geographic location, with some areas offering more competitive pay than others. By analyzing the salary data, employees can identify where the best opportunities lie.

Departmental Salaries

In addition to location, salaries differ by department, with finance often leading the way. Understanding these distinctions can aid job seekers in targeting their applications effectively.

Highest paying jobs at Premium Merchant Funding

The highest paying jobs at Premium Merchant Funding are operations director, funding analyst, new business development, and finance analyst. Operations director jobs at Premium Merchant Funding earn an average yearly salary of $106,871, Premium Merchant Funding funding analyst jobs average $84,497, and Premium Merchant Funding new business development jobs average $81,793.

The lowest paying Premium Merchant Funding roles include receptionist and processor. Premium Merchant Funding receptionist average salary is $29,610 per year. So while the average Premium Merchant Funding salary is $48,337 there is a big variation in pay depending on the role.

Highest paying jobs at Premium Merchant Funding

RankJob titleAverage Premium Merchant Funding salaryHourly rate
1Operations Director$106,871$51.38
2Funding Analyst$84,497$40.62
3New Business Development$81,793$39.32
4Finance Analyst$77,527$37.27
5Underwriter$76,719$36.88
6Recruitment Manager$73,120$35.15
7Finance & Sales Representative$56,423$27.13
8Loan Officer$47,831$23.00
9Funding Specialist$47,277$22.73
10Inside Sales Representative$46,204$22.21
11Loan Specialist$45,030$21.65
12Office Administrator$36,831$17.71
13Administrative Assistant$35,537$17.09
14Internship$33,844$16.27
15Processor$32,308$15.53
16Receptionist$29,610$14.24

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How much does Premium Merchant Funding pay by location?

The average Premium Merchant Funding salary varies by location. Premium Merchant Funding salaries are the highest in Hoboken, NJ, at $57,202 per year. Premium Merchant Funding pays the second highest average salary in New York, NY, at $56,301 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest paying Premium Merchant Funding locations

RankLocationAverage Premium Merchant Funding salaryHourly rate
1Hoboken, NJ$57,202$27.50
2New York, NY$56,301$27.07
3Los Angeles, CA$51,467$24.74
4Southfield, MI$46,873$22.54

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Premium Merchant Funding salaries by department

Salaries at Premium Merchant Funding vary depending on the department you work in. Premium Merchant Funding salaries in the business development department are the highest with an average salary of $87,004. Employees in the research & development department at Premium Merchant Funding receive relatively high salaries as well, with an average salary of $84,900 per year. Departments that don't pay as well at Premium Merchant Funding include the administrative and the customer service organizational functions, with employees earning average salaries of $38,314 and $39,461, respectively.

Average Premium Merchant Funding salary by department

RankDepartmentAverage Premium Merchant Funding salaryHourly rate
1Business Development$87,004$41.83
2Research & Development$84,900$40.82
3Human Resources$73,097$35.14
4Finance$57,394$27.59
5IT$51,337$24.68
6Sales$50,485$24.27
7Engineering$47,214$22.70
8Customer Service$39,461$18.97
9Administrative$38,314$18.42

How much does Premium Merchant Funding pay by department?

Best paying Premium Merchant Funding finance salaries

RankPositionAverage Premium Merchant Funding salaryHourly rate
1Funding Analyst$84,497$40.62
2Finance Analyst$77,527$37.27
3Underwriter$76,719$36.88
4Loan Officer$47,831$23.00
5Loan Specialist$45,030$21.65

Best paying Premium Merchant Funding sales salaries

RankPositionAverage Premium Merchant Funding salaryHourly rate
1Finance & Sales Representative$56,423$27.13
2Funding Specialist$47,277$22.73
3Inside Sales Representative$46,204$22.21

Best paying Premium Merchant Funding administrative salaries

RankPositionAverage Premium Merchant Funding salaryHourly rate
1Funding Specialist$47,277$22.73
2Office Administrator$36,831$17.71
3Administrative Assistant$35,537$17.09
4Receptionist$29,610$14.24

Premium Merchant Funding competitors’ average salaries

Average salaries at Premium Merchant Funding competitors, like Reliance Trust, CAN Capital, and TD Auto Finance, vary. Reliance Trust employees earn the highest salaries, with an average yearly salary of $81,700. The average salary at CAN Capital is $70,476 per year, and the average salary at TD Auto Finance is $65,342 per year.

Highest paying Premium Merchant Funding competitors

RankCompany nameZippia scoreAverage salary
1Reliance Trust4.1$81,700
2CAN Capital4.3$70,476
3TD Auto Finance4.8$65,342
4Global Lending Services4.4$62,488
5American Credit Acceptance4.3$59,001
6GM Financial4.8$58,603
7Farm Bureau Bank3.7$57,492
8Platinum Rapid Funding4.0$51,899
9Exeter Finance4.6$50,910

Recently added Premium Merchant Funding salaries

JobLocationDate addedSalary
Financial Sales RepresentativeInwood, NY06/06/2025$80,000
Sales Development SpecialistNew York, NY05/30/2025$70,000
Processor (Fintech/Small Business Lending)Miami, FL05/21/2025$45,000
Business Development RepresentativeHollywood, FL03/27/2025$70,000
Business Development RepresentativeHoboken, NJ03/27/2025$70,000

Frequently asked questions about Premium Merchant Funding salaries

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Zippia gives an in-depth look into the details of Premium Merchant Funding, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Premium Merchant Funding. The employee data is based on information from people who have self-reported their past or current employments at Premium Merchant Funding. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Premium Merchant Funding. The data presented on this page does not represent the view of Premium Merchant Funding and its employees or that of Zippia.