MCA deal submissions and bank statement analysis

It handles the deal itself: start a submission from a contact, analyse the merchant’s bank statements, match the file against your funders’ criteria, submit it by email from your own mailbox, capture the offers, and track the funded deal through payments, commissions and renewals.

For each month it shows revenue (deposits excluding transfers, refunds and loan proceeds), average daily balance, negative-balance days, NSFs and number of deposits, plus the existing MCA positions it detects with their payment amount and frequency. The figures are checked against the totals printed on the statement.

Text-based PDF statements are read directly, and scanned statements are read with A.I. Every bank lays out its statements differently, so the figures can be reviewed and edited before you submit.

Each funder gets its own email from your mailbox with the file attached. Extra contacts at a funder are CC’d, never BCC’d. A reference tag in the subject lets funder replies be matched back to the right deal automatically.

Enter each funder’s criteria once — minimum monthly revenue, deal size, credit score, time in business, maximum positions, NSFs and negative days, and restricted states and industries — and every new deal shows which funders it fits.

Yes, your data is safe with MCA Simplified. We take security very seriously and have implemented robust measures to protect your information:

• Advanced encryption: We use state-of-the-art encryption so your data is secure both in transit and at rest. Any data exchanged between your systems and our platform is encrypted, preventing unauthorized access.
• Regular security audits: We conduct regular security audits and vulnerability assessments to identify and address potential risks, maintaining a secure environment for your data.
• Compliance with industry standards: MCA Simplified is compliant with all relevant industry standards and regulations, such as GDPR, PCI-DSS and others, and we stay up to date with the latest regulatory requirements.
• Secure access controls: Strict access controls ensure access is granted only to those you authorize. Our system logs and monitors access attempts to prevent unauthorized access.
• Network security: Our network is protected by firewalls, intrusion detection systems (IDS) and intrusion prevention systems (IPS), which detect and block unauthorized access attempts and threats in real time.
• Secure development practices: We follow secure coding practices and perform regular code reviews to minimize vulnerabilities. Our development team is trained in the latest security protocols and best practices.

Bank statements read by the MCA deal app are processed only to extract transactions and summary figures, and are never sold or used to train A.I models. For more on your privacy, see our Privacy Policy.