Home > Salary > Israel > Business Loan Processor
A business loan processor is responsible for reviewing and evaluating loan applications submitted by businesses seeking financial assistance. Their main role is to assess the creditworthiness of the applicant by analyzing financial statements, credit reports, and other relevant documents. They verify the accuracy and completeness of the application, ensuring compliance with lending policies and regulations. Additionally, business loan processors may communicate with applicants to gather additional information or clarify details. They work closely with underwriters and loan officers to facilitate the loan approval process and ensure timely disbursement of funds. Accuracy, attention to detail, and strong analytical skills are essential for this occupation, as they must make informed decisions based on financial data.
Estimated Yearly Salary: 180,442 ILS
Estimated Monthly Salary: 15,037 ILS
Estimated Weekly Salary: 3,470 ILS per week
Estimated Hourly Salary: 87 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,495 ILS
Estimated Weekly Salary: 3,345 ILS per week
Estimated Hourly Salary: 84 ILS per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 44,907 USD
Estimated Monthly Salary: 3,742 USD
Estimated Weekly Salary: 864 USD per week
Estimated Hourly Salary: 22 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 180,442 ILS
Estimated Monthly Salary: 15,037 ILS
Estimated Weekly Salary: 3,470 ILS per week
Estimated Hourly Salary: 87 ILS per hour
By working as Business Loan Processor a person can save up to 1,556 USD per month or 18,675 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Israel, see costs of living in Israel.
Estimated Yearly Salary for Business Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Business Loan Processor salary in Israel
Average Yearly Salary of Business Loan Processor in Israel is approximately 180,442 ILS (44,907 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Business Loan Processor do?
A business loan processor is responsible for reviewing and evaluating loan applications submitted by businesses seeking financial assistance. Their main role is to assess the creditworthiness of the applicant by analyzing financial statements, credit reports, and other relevant documents. They verify the accuracy and completeness of the application, ensuring compliance with lending policies and regulations. Additionally, business loan processors may communicate with applicants to gather additional information or clarify details. They work closely with underwriters and loan officers to facilitate the loan approval process and ensure timely disbursement of funds. Accuracy, attention to detail, and strong analytical skills are essential for this occupation, as they must make informed decisions based on financial data. Skills: Business Loan Processor, Loan Application Review, Creditworthiness Assessment, Financial Analysis, Compliance, Loan Approval Process.
Job industry: Finance
Job industry: Finance
How much does Business Loan Processor make?
Salary details
How much does Business Loan Processor make?Estimated Yearly Salary: 180,442 ILS
Estimated Monthly Salary: 15,037 ILS
Estimated Weekly Salary: 3,470 ILS per week
Estimated Hourly Salary: 87 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 173,940 ILSEstimated Monthly Salary: 14,495 ILS
Estimated Weekly Salary: 3,345 ILS per week
Estimated Hourly Salary: 84 ILS per hour
Last revision of data: 2024-01-07Business Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 44,907 USD
Estimated Monthly Salary: 3,742 USD
Estimated Weekly Salary: 864 USD per week
Estimated Hourly Salary: 22 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Business Loan Processor job salary compared to average salary in Israel.
Comparison shows that a person working as Business Loan Processor in Israel earns on average:
0.93 times the average salary (or 93% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Business Loan Processor job salary compared to average salary in Israel.
Comparison shows that a person working as Business Loan Processor in Israel earns on average:
0.93 times the average salary (or 93% of average salary).
Is Business Loan Processor a well paid job?
Yes, our data show that Business Loan Processor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Business Loan Processor?
High salary for Business Loan Processor would be somewhere between 198,486 ILS and 261,641 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Loan Processor in Israel?
Living in Israel the approximate monthly expenses are: 2,186 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 180,442 ILS
Estimated Monthly Salary: 15,037 ILS
Estimated Weekly Salary: 3,470 ILS per week
Estimated Hourly Salary: 87 ILS per hour
By working as Business Loan Processor a person can save up to 1,556 USD per month or 18,675 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Business Loan Processor
Lebanon is 6,856 USD
Syria is 3,021 USD
Jordan is 7,816 USD
Egypt is 3,367 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Restaurant and bar manager (204,892 ILS per year, pre-tax.)
Aviation safety inspector (424,294 ILS per year, pre-tax.)
Sign maker (106,183 ILS per year, pre-tax.)
Senior electronics design engineer (462,252 ILS per year, pre-tax.)
Research scientist (285,724 ILS per year, pre-tax.)
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