11d ago

Merchant Cash Advance (MCA) Processor

United States·New YorkFull-timemid

OtherMerchant

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Quick Summary

Overview

Key Responsibilities Review new deal submissions for completeness (applications, bank statements, IDs, voided checks, etc.) Communicate with ISOs, brokers,

Technical Tools

OtherMerchant

Responsibilities

~1 min read

→Review new deal submissions for completeness (applications, bank statements, IDs, voided checks, etc.)
→Communicate with ISOs, brokers, and merchants to collect missing documents and clarify information
→Organize files and prepare them for underwriting review
→Verify merchant and owner information, including business details, ownership, and bank account data
→Prepare, send, and track contracts and e-signatures
→Complete pre-funding checklists and coordinate with the funding team
→Update deal statuses and notes accurately in the CRM/loan management system
→Follow compliance procedures, including document verification and fraud-prevention protocols
→Meet daily and weekly processing targets while maintaining a high level of accuracy

Requirements

~1 min read

1+ year of experience as a processor in MCA, small business lending, or alternative finance
Working knowledge of MCA deal structures and terminology (factor rates, holdbacks, ACH/split funding, stacking, etc.)
Ability to read and review business bank statements
Strong attention to detail and organizational skills
Clear, professional written and verbal communication
Comfortable managing multiple deals at once in a fast-paced environment
Proficiency with Microsoft Office/Google Workspace and e-signature tools

Nice to Have

~1 min read

Experience with an MCA CRM or LMS (e.g., Salesforce, Centrex, Pipeline, Fusion CRM)
Familiarity with UCC filings and basic fraud-detection practices
Experience working directly with ISOs/brokers