MCA underwriting is a volume business with thin margins for error. A submission arrives as a funding package: several months of bank statements, an application, a voided check, sometimes a credit report or tax returns. Before your team can price the deal or decide whether to fund, someone has to answer the same questions on every file. How much revenue does the business actually deposit. What does the balance do between deposits. How many positions is the merchant already carrying, and to whom. Whether the account shows the kind of daily or weekly remittance that suggests stacking. Lendquo is MCA underwriting software built for that first pass, and for the review that follows it.

The funding package becomes a book

Lendquo calls each deal's complete file a book: the source documents, the extracted bank sheet, screening results, notes, and contracts for one business, all in one place. Submissions arrive the way they actually arrive, through an ISO relationship, a broker channel, or a shared inbox, and each package lands in the same structure. Bank statements, applications, voided checks, photo IDs, and supporting documents are parsed, organized, and reconciled before your underwriter opens the file. The book also records what is missing, so an incomplete package is a visible state rather than a surprise at decision time.

The practical result is that a broker submission with inconsistent file names and a direct merchant application with clean PDFs end up in the same shape. Your team reviews deals, not document formats, and the gaps in a file surface early instead of mid-decision.

Positions and stacking, surfaced early

Existing debt is the central question in MCA underwriting. A merchant carrying two advances on daily remittance has a different profile than the same revenue with clean debt, and a third position changes the math again. Those positions usually live in the statements, visible only to someone willing to read every withdrawal line by line.

Lendquo reads the transactions across the full statement period and identifies recurring payments to other funders and creditors. Positions appear on the bank sheet next to revenue and balance behavior, so the count of active obligations is visible before anyone builds the case for funding. When remittance patterns suggest the merchant is stacked, that signal sits in the file, traced to the transactions that produced it. More on how the numbers get there is on the bank statement analysis page.

Your rules, applied to every submission

Screening criteria in MCA are specific: a minimum on monthly revenue, a floor on average daily balance, a cap on negative balance days, a limit on open positions, and a time-in-business requirement. Lendquo lets your team configure those rules once and applies them to every deal the same way. A submission that clears your thresholds arrives ready for pricing. One that misses arrives with the reason attached, so a decline is a decision rather than a discovery three hours into the file.

Exceptions are flagged for review instead of silently passed or failed. If a statement is missing a month or an extraction looks ambiguous, the file says so, and the deal waits for a person. That keeps the first pass fast without letting edge cases slip through as clean results.

Renewals without the rebuild

Renewal deals should be faster than new ones because you already know the merchant. In practice, the re-underwrite often restarts from zero: new statements, new counts, a new position check. In Lendquo the book persists. Fresh statements are parsed into the same structure, screening runs again on the new period, and the reviewer sees the current file next to the history. The decision stays yours. The assembly does not.

From a cleared screen to funding documents

When a deal clears, Lendquo generates contracts from your own templates with the deal details already in place, and helps prepare the materials your team sends back to the broker or merchant. Deal data stays connected to the systems you already run, including LendSaaS and OrgMeter, so the handoff after approval does not start from a spreadsheet.

What Lendquo does not do is make the funding decision. The software reads, organizes, screens, and cites its sources. Your underwriters keep the judgment, and every figure in the file traces back to the statement page it came from. For a deeper walk through the MCA workflow, read MCA underwriting: the complete guide on the journal.