Merchant Cash Advance
Underwrite MCA files at funding speed — without missing a position
LendPipe reads the bank statements like an MCA underwriter — existing positions, true revenue, negative days, and NSFs — and drafts the memo, so the same-day clock doesn't cost you discipline.
The bottleneck
Velocity breaks when every file still rides on a manual read
The manual read
Hundreds of pages scrolled per file to spot funder debits
Stacked positions missed when the ACH descriptor isn't recognized
Gross deposits counted as revenue — transfers and prior advances inflate it
Memo assembled by hand against a same-day funding clock
With LendPipe
Every transaction extracted and labeled — positions, revenue, and stress separated
Existing positions surfaced from recurring debits, even on messy descriptors
True revenue computed with transfers and advance proceeds excluded
MCA credit memo drafted from the file, ready for review
What it reads
Every signal an MCA decision turns on
Pulled from the statements, labeled, and traceable to the source.
Existing positions
Stacked advances surfaced from recurring funder debits — not missed as ordinary spend.
Debit load
Daily and weekly remittances totaled per position and measured against deposits.
True revenue
Transfers, factoring, and advance proceeds stripped out, so you fund against real sales.
Negative days
Days the account ran negative, counted across the full statement window.
NSFs & overdrafts
Returned items and overdrafts flagged as liquidity stress.
Deposit concentration
Processor settlements vs. a single large customer — revenue durability at a glance.
Don't miss a position
Stacking detection that doesn't depend on recognition
Existing advances are surfaced from recurring debits — including the abbreviated descriptors a manual read tends to miss. A missed position is a dealbreaker, so catching them is the priority.
From file to memo
An MCA memo, not a repurposed commercial one
A credit memo built for cash advance underwriting — structured around existing positions, true revenue, debit load, and liquidity stress, pulled from the completed file. The analyst spends time on judgment, not assembly.
Existing positions and total daily/weekly debit load
True monthly revenue with transfers and proceeds excluded
Negative-balance days, NSFs, and overdraft activity
Deposit concentration and revenue durability
Source-linked figures an analyst can verify in a click
Built for high-velocity desks
Where it fits
Common questions
What MCA teams ask us
How does it detect existing positions and stacking?
Recurring funder debits are identified as MCA activity even when the descriptor is abbreviated or inconsistent, and the daily or weekly remittance is totaled per position. A missed position is a dealbreaker, so catching existing leverage is the priority.
How does it separate true revenue from gross deposits?
Internal transfers, factoring, loan draws, and incoming MCA proceeds are labeled and excluded, leaving the operating revenue that actually reflects sales. Every figure traces back to the underlying transactions.
What liquidity signals does it surface?
Negative-balance days, NSF and returned-item events, and overdraft activity — the stress indicators that matter when repayment is a fixed daily pull — alongside the existing debit load and deposit concentration.
Can it produce an MCA credit memo?
Yes. An MCA-specific memo template pulls from the completed analysis — true revenue, existing positions and debit load, liquidity stress, and concentration — so the analyst reviews instead of assembling from scratch.
What bank statement formats does it handle?
PDF bank statements, including scanned PDFs, across institutions. Multi-account and multi-month files are reconstructed into one transaction record, each tied back to its source page.
Related reading
Guides from the LendPipe team
MCA Underwriting · 8 min read
MCA Underwriting: How to Read a Bank Statement Before You Fund
Merchant cash advance decisions live and die on the bank statements. Here's what disciplined MCA underwriting reads for — stacked positions, true revenue, and liquidity stress — and how to do it without losing the funding window.
Read guideCredit Analysis · 6 min read
Credit Memo Automation: What Lending Teams Need to Know
Credit memos are the backbone of loan committee decisions. Discover how AI-assisted memo generation maintains quality while cutting preparation time by 80%.
Read guideBest Practices · 6 min read
5 Loan Origination Bottlenecks and How to Eliminate Them
Slow loan origination costs deals and frustrates borrowers. Identify the five most common bottlenecks in commercial lending and learn proven strategies to fix them.
Read guideRun a live MCA file through it
Upload a real merchant's statements and watch positions, true revenue, and stress signals come back in minutes.