MCA Processor
Infusion Capital · New York, NY · 3 mo ago
On-siteFinanceFull-time
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
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