Merchant Cash Advance (MCA) Processor

High Rise Capital • New York, NY

6d

About The Position

This role involves processing Merchant Cash Advance (MCA) deals, ensuring all necessary documentation is collected and verified. The MCA Processor will communicate with various stakeholders, manage deal files, and prepare them for underwriting and funding. Accuracy, attention to detail, and the ability to work in a fast-paced environment are crucial for success in this position.

Requirements

• 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 Haves

• 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

Responsibilities

• 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

Benefits

• Competitive salary
• performance bonuses
• Health, dental, and vision insurance
• 401(k) / retirement plan
• Paid time off and paid holidays
• Training and clear opportunities to grow into Senior Processor, Underwriting, or Funding roles
• A supportive team in a growing industry

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed