MCA Suite is a good entry point to Merchant Cash Advance tracking, but lacks scalability
June 29, 2019
MCA Suite is a good entry point to Merchant Cash Advance tracking, but lacks scalability
Score 6 out of 10
Vetted Review
Verified User
Overall Satisfaction with MCA Suite
MCA Suite is being used to track our merchant cash advances. It is used by the working capital team to set up and track individual advances. It's used by our accounting team to export transaction records for our accounting software, and by our support team to reference when merchants have questions.
- They have lots of detail on the deal pages.
- It allows for multiple internal and external users.
- It has global search functionality.
- Poor reporting.
- Filtering is clunky.
- They could improve on data visualization.
- Renewal advances that are not refinances are difficult to manage.
- We've been able to grow our working capital program over the years with the help of MCA Suite.
- Data management is difficult, and we struggle with reporting.
- We have granted merchants dedicated to their advances for tracking purposes.
We haven't used any others.