This article is a helpful guide that will let you know if your organization is headed in the right direction. So what are these five building blocks? Right Tools Experienced Team Smooth Process Data analysis Future Plan Have the Right Tools Like any other job, your MCA organization needs the right tools to build a …
The Five Building Blocks Needed to Achieve Success in the MCA Industry Read More »
As your MCA Firm grows and you start to close more deals to provide cash advances, you will also have more participants, ISOs, and transactions to handle. As an unavoidable effect, companies will become more complex. You have now reached the inflection point where you realize that you need to improve many aspects of your …
Climbing MCAs Ladder of Success: Bookkeeping to Analytics Read More »
Running a highly profitable and high-risk business as a Merchant Cash Advance (MCA) originator is not a static job. Instead, it requires constant evaluation and continuous decision-making. To help you build your data analytics engine and identify the levers you can pull to change business outcomes, we’ll explore below some basic data points that will …
Technology has evolved dramatically in the past few decades, improving productivity and providing many valuable tools to MCA business owners. As a result, many software and CRM tools proliferated, helping MCAs with different processes from bookkeeping to analytics, evaluating KPIs, reports, transactions, and underwriting processes. In this post, we will shed light on usual discussions …
A widely used acronym in the Military is “C³I,” and it stands for “Command Control Communications and Intelligence”. It summarizes concepts needed to exercise authority to achieve the mission required. When there is a disaster, Emergency Responders and the Police usually establish a “Command Center”. The reason for both examples is simple: to make good …
In today’s changing world, staying one step ahead of the game is just the difference between failure and success. In this context, outsourcing controller services in the MCA Industry has emerged to provide businesses with solutions meeting their budget needs and specific industry demands. This article will explore some of the benefits you will enjoy by outsourcing your …
5 Benefits of Outsourcing Controller Services in the MCA Industry Read More »
As an MCA Participant, Servicing Entity, Originator, or ISO, you might be dealing with daily tracking of cash movements, payments, commissions, and fundings. No matter your structure, you need to develop smooth controller activities and excellent communications with your stakeholders. Let’s see how NISO can help you achieve a smooth operation. For Merchant Cash Advance …
Running a Merchant Cash Advance Business is very challenging for many reasons: you get to deal with small businesses, participants, and brokers. There is nothing easy about it. So, what does it take to run a successful MCA? In this post, four factors that are vital contributors to success. 1. Leads Without a doubt, getting …
Over the years, Miami has positioned itself as a magnet for startups and technology companies around the world. According to the U.S. Census, County Business Patterns, 2015, almost all businesses in Miami-Dade are Small Businesses. In fact, 98,2% of Miami’s businesses have less than 100 workers, and 81,3% of them employ less than 10 people. …
Miami: the new Silicon Valley, future paradise for MCAs? Read More »
The economic impact of coronavirus is myriad and widespread. The full impact of job losses and halted economic activity has yet to be observed in many specialty financial assets’ credit performance. When revenues and incomes are disrupted, both consumers and businesses often prioritize which debt to pay off first. They may not be willing to …
Major factors that are driving growth in the MCA Industry Read More »
