MCA Processor

Core Responsibilities

• Review merchant applications for completeness
• Verify documents:

*    Bank statements (3–6 months) 

*    Credit card processing statements 
*    Business licenses 

• Enter and manage data in CRM systems
• Communicate with:

*    ISOs (Independent Sales Organizations) 

*    Underwriters 

• Submit files to lenders/funders
• Track deal progress until funding
• Ensure compliance with internal guidelines
• Strong attention to detail
• Fast-paced multitasking
• Organization & deadline management

Requirements

Required Skills

• Ability to read bank statements and cash flow

• Detect red flags (NSFs, negative balances, irregular deposits)

• Basic underwriting understanding (helpful)

Technical Tools

• CRM systems (e.g., Salesforce or similar)
• Microsoft Excel / Google Sheets
• Document management tools (Dropbox, Google Drive)

Industry Knowledge (Highly Preferred)

• Factor rates

• Holdback percentages

• Daily/weekly ACH payments

• Familiarity with funders and ISO relationships

Benefits

• Health, dental, and vision insurance
• Paid time off (PTO) and sick leave
• Paid holidays
• 401(k) retirement plan (with employer match, if applicable)
• Performance bonuses and incentives
• Career growth opportunities within underwriting or operations