Experienced Merchant Cash Advance (MCA) Underwriter

High Rise Capital•New York, NY

23h

About The Position

Highrise Capital is seeking an experienced Merchant Cash Advance (MCA) Underwriter to join its growing business funding team. This is not an entry-level position. The role requires prior hands-on experience underwriting merchant cash advances or alternative business financing and the ability to independently evaluate business funding applications, analyze bank statements, assess risk, and make informed funding decisions. The underwriter evaluates existing positions, outstanding advances, payment schedules, and stacking exposure; assesses business risk and repayment ability; and determines appropriate funding amounts, terms, factor rates, and positions. The role also involves reviewing credit reports and supporting documentation, identifying fraud risks and inconsistencies, communicating with sales representatives, brokers, and funding partners, and managing an application pipeline while meeting underwriting turnaround expectations.

Requirements

Mandatory prior experience in MCA underwriting.
Strong understanding of merchant cash advances and alternative business financing.
Proven ability to analyze business bank statements and assess cash flow.
Knowledge of MCA stacking, existing positions, payback structures, and risk assessment.
Ability to identify fraudulent documentation and high-risk transactions.
Strong analytical, organizational, and decision-making skills.
Ability to work independently in a fast-paced funding environment.
Excellent communication skills and attention to detail.

Responsibilities

Independently evaluate business funding applications and make informed funding decisions.
Analyze bank statements and assess cash flow, repayment ability, NSF activity, negative balances, and overall financial health.
Evaluate existing positions, outstanding advances, daily or weekly payments, and stacking exposure.
Determine appropriate funding amounts, terms, factor rates, and positions based on risk.
Review credit reports, business information, and other supporting documentation.
Identify potential fraud, inconsistencies, and red flags in submitted applications.
Communicate with sales representatives, brokers, and funding partners to obtain additional information.
Make timely, well-supported underwriting decisions while maintaining deal quality.
Manage a pipeline of applications efficiently and meet underwriting turnaround expectations.