Highrise Capital is seeking an experienced Merchant Cash Advance (MCA) Underwriter to join our growing business funding team. The ideal candidate must have prior hands-on experience underwriting merchant cash advances or alternative business financing and possess a strong understanding of risk assessment, cash flow analysis, and deal structuring.
This is not an entry-level position. Candidates must have previous MCA underwriting experience and the ability to independently evaluate business funding applications, analyze bank statements, assess risk, and make informed funding decisions.
- Evaluate existing positions, outstanding advances, daily or weekly payments, and stacking exposure.
- Assess business risk, repayment ability, NSF activity, negative balances, and overall financial health.
- Determine appropriate funding amounts, terms, factor rates, and positions based on risk.
- Review credit reports, business information, and other supporting documentation.
- Identify potential fraud, inconsistencies, and red flags in submitted applications.
- Communicate with sales representatives, brokers, and funding partners to obtain additional information.
- Make timely, well-supported underwriting decisions while maintaining deal quality.
- Manage a pipeline of applications efficiently and meet underwriting turnaround expectations.
Requirements
- Mandatory prior experience in MCA underwriting.
- Strong understanding of merchant cash advances and alternative business financing.
- Proven ability to analyze business bank statements and assess cash flow.
- Knowledge of MCA stacking, existing positions, payback structures, and risk assessment.
- Ability to identify fraudulent documentation and high-risk transactions.
- Strong analytical, organizational, and decision-making skills.
- Ability to work independently in a fast-paced funding environment.
- Excellent communication skills and attention to detail.
Benefits
- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k, IRA)
- Life Insurance (Basic, Voluntary & AD&D)
- Paid Time Off (Vacation, Sick & Public Holidays)
- Family Leave (Maternity, Paternity)
- Training & Development