At SAPI, we follow a comprehensive assessment process to ensure responsible funding decisions for your Merchant Cash Advance. We thoroughly evaluate the financial health of your business, consider key industry-specific trends, and verify essential compliance factors to deliver the best funding solution tailored to your business’s unique needs.
Our Underwriting Process for Merchant Cash Advance
We take a thorough, holistic approach to business financing. Here’s how we assess each Merchant Cash Advance application:
Business Profiling for Tailored Business Funding: We analyse your business type, industry, longevity, historical sales, seasonal trends, and payment processing history to understand your financial health and provide you with the best small business funding options available.
Revenue Validation via Open Banking: By securely accessing your Open Banking data, PSP relationships, or bank statements, we verify your monthly card receivables to assess your revenue stability and growth potential.
Debt-to-Income (DTI) Ratio Calculation: Our affordability assessment ensures that loan repayments fit within your business’s cash flow. We evaluate your DTI ratio to determine how much financing your business can afford while maintaining financial stability.
Fraud Prevention and Compliance Checks: We conduct robust fraud detection, along with KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance checks to ensure that our funding process remains secure and legally compliant.
How Does Open Banking Benefit Your Business?
By securely connecting your financial data through Open Banking, we can:
Verify real-time revenue, speeding up the funding assessment process and ensuring you get a decision quickly.
Gain deeper insights into your business cash flow, helping us tailor business loans that support your growth.
Offer funding solutions based on your financial health, improving your chances of success.
Check Your Eligibility Now!
Find out instantly if your business qualifies for a Merchant Cash Advance. Take the first step toward securing the funding you need to fuel your growth!