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

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
• 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