MCA underwriting software for controlled file movement.
Specter Systems organizes merchant intake, statement review, stipulations, lender responses, and funding status so MCA teams can run a clearer underwriting workflow without implying guaranteed outcomes.
Keep every underwriting action attached to the deal.
Underwriting is a sequence of reviews, requests, communications, and decisions. Specter keeps that sequence visible from intake through final disposition.
- Merchant file & statement review
The file arrives already read.
Applications, statements, ownership details, notes, and supporting documents sit on one deal record. Statements are parsed on arrival — deposits, balances, and NSF activity summarized so review starts from numbers instead of PDFs.
- Review the whole merchant file from a single record
- Monthly deposits, average daily balance, NSF counts
- Role-aware history for notes, status changes, and file movement
- Stipulations & submission readiness
Nothing moves with a hole in it.
Requested documents, clarification items, and open conditions are tracked against the deal with an owner on each one, so incomplete files are visible before they reach a lender queue rather than after.
- Track requested docs, open conditions, and who owes them
- Standard review checkpoints before a file is submitted
- Missing-info requests stay attached to the underwriting record
- Lender-fit routing & responses
Route by appetite, keep the replies on the file.
Route each file on deal attributes, lender appetite, and submission requirements your team sets. Lender responses, broker updates, and internal notes come back to the same underwriting record they left.
- Routing driven by deal attributes and lender appetite
- Offers, declines, and conditions tracked on the file
- Lender and broker communication kept in one thread
Extend underwriting into the full MCA operating workflow.
MCA underwriting works best when CRM, submissions, statements, and communication share the same file context.
MCA underwriting software FAQs
Answers for funders and brokers comparing underwriting workflow tools.
Does Specter make underwriting decisions automatically?
Specter supports underwriting workflow, documentation, communication, routing, and review visibility. It does not guarantee approvals, declines, terms, or funding decisions.
Can brokers and funders use the same workflow?
Yes. Brokers can package files and manage missing items, while funders and underwriting teams can review submissions with the supporting context attached.
How is MCA underwriting different from a generic CRM pipeline?
MCA underwriting requires document-heavy intake, statement context, stipulations, offer tracking, lender communication, and funding status. Specter is structured around those finance-specific steps.