MCA Processor
TLDR
Review merchant applications, verify important documents, and manage data in CRM systems while ensuring compliance and fostering relationships with ISOs and underwriters.
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
Benefits
Health Insurance
Health, dental, and vision insurance
Career growth opportunities
Career growth opportunities within underwriting or operations
Paid Time Off
Paid time off (PTO) and sick leave
High Rise Capital is a direct lending firm specializing in flexible financial solutions for small and mid-sized businesses. We leverage advanced technology and a customer-centric approach to streamline access to capital, helping businesses grow without the stress of cash flow management.
- Industry
- Diversified Financial Services