Invogen’s Merchant Cash Advance (MCA) Platform connects brokers, funding companies and merchants in the Merchant Cash Advance industry. The Invogen MCA Platform is an end-to-end system for organizing the various components of the MCA process. Invogen’s MCA Platform has two main modules: Funding Companies and Brokers.
Invogen MCA Platform offers the following benefits to MCA Funding Companies:
- Management of all merchant cash advance deals – from prospect to offer acceptance
- Tracking of all facets of the underwriting process – from credit verification to refinancing
- Integration with payment processing to provide transaction updates for funded deals
- Configurable payment thresholds and alert triggers for each funded deal
- Reporting on portfolio’s performance
- Tracking of commissions and fees paid to brokers and partners
- Reports and statements for investors
- Platform can be branded with firms’ logo and color scheme
Invogen MCA Platform offers the following benefits to MCA Brokers:
- Single point-of-entry for all deals to be disseminated to multiple funding companies
- Automation that reduces the need for multiple manual entry of leads
- Ability to manage relationships with funding companies and merchants
- Tracking of commissions to each funded deal
- Ability to view real time statistics of all leads
Invogen has licensed this asset to a software as a service provider which created the hosted turnkey solution: MCA Suite www.mcasuite.com
MCA Suite contains enhancements to our core asset and has a dedicated support team to service the merchant cash advance industry.