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Applications Pipeline View

The page explains the flow of pipeline for MCA (Merchant Cash Advance) applications.

PreviousCreate Pre-Approved ApplicationNextAdding and Generating Documents

Last updated 10 months ago

The approval process for an application involves various stages, each represented by a column. Collectively, these stages form the application pipeline. Please refer to the screenshot below for an overview of the different stages. All the stages are customizable. To set up yours, please contact Support@SmartMCA.com .

As illustrated in the screenshot above, each application includes details such as the sales representative handling the application, the funder, the ISO/broker involved, and the application number.

Below is a description of each application stage as shown in the screenshot above:

  • Submission: Applications that have been submitted but not yet processed.

  • Underwriting: Applications under detailed review.

  • Offer Out: Applications where offers have been made.

  • Contract Request: Applications at the initial stage where a contract is requested.

  • Disclosure Sent: Applications where the necessary disclosures have been sent to the parties involved.

  • Docs Sent: Applications for which the documentation has been sent out.

  • Waiting for COJ: Applications that are currently awaiting a Certificate of Judgment (COJ).

  • Bank Verification: Applications undergoing bank verification to ensure financial information is accurate.

  • Funding Call: Applications that are in the stage of a funding call, where the final funding terms are discussed.

  • Ready to Fund: Applications where deals are ready to be funded. (Currently no deals in this stage)

It's important to note that not every application needs to pass through each stage to be processed. The requirements for processing an application are highly customizable and vary based on specific needs. Contact SmartMCA support to customize your application process.

Applications Pipeline Overview