Underwriting Logic

How Funders Evaluate You

It’s not just about credit scores anymore. Modern funders use AI and real-time data to assess your business health. Here is the exact roadmap they follow.

The Roadmap

The Underwriting Timeline

From application to funding, every hour counts.

0 - 2 Hours

Initial Upload

Automated parsing and data extraction from bank statements and application forms.

2 - 24 Hours

Automated Analysis

Risk scoring, pattern detection, and initial qualification checks against lender criteria.

1 - 3 Days

Underwriter Review

Human review for edge cases, large amounts, or complex profiles.

Same Day - 1 Week

Decision & Offer

Approval, rejection, or counter-offer with terms.

Data Analysis

Bank Statement Analysis

Funders don't just look at the balance. They analyze the velocity and stability of your cash flow.

Revenue & Cash Flow

  • Monthly deposits: Average, trend, and consistency
  • True revenue: Separating business income from loans & transfers
  • Cash flow patterns: Inflow vs. outflow ratios
  • Seasonality: Month-to-month variations
  • Growth trajectory: Revenue trends

Risk Indicators

  • NSF: Frequency and recency of bounced payments
  • Negative days: Days with negative balance
  • Loan stacking: Multiple active loans detected
  • High volatility: Extreme swings in daily balances
  • Returned items: ACH returns or chargebacks

Debt & Obligations

  • Existing payments: Debt service as % of deposits
  • Loan burden ratio: Repayments vs. monthly revenue
  • Payment consistency: On-time vs. late payments
  • Debt-to-income: Total obligations relative to cash flow
  • Stacking risk: Concurrent funding products

Health Metrics

  • Cash cushion: Days of runway
  • Balance stability: Minimum daily balance trends
  • Transaction patterns: Regular business activity
  • Account age: Active duration
  • Industry benchmarks: Peer comparison
Human Intelligence

The Underwriter's Assessment

Algorithms score the data, but humans weigh the context. Here is how they balance your profile.

Key Strengths

Positive Signals

Assets

Clean Account Behavior

No overdrafts or NSF fees in the last 90 days indicates disciplined cash management.

Healthy Revenue Base

Strong gross revenue with verifiable business income sources matching industry standards.

Liquidity Spikes

Periodic strong cash inflows indicating robust sales cycles or seasonal peaks.

Critical Concerns

Risk Factors

Liabilities

High Phantom Revenue

Inflated deposits from transfers or loans that don't reflect true business income.

Lender Crowding

Multiple concurrent daily or weekly repayments detected ("stacking").

Low Daily Balances

Consistently low ending balances posing stability risks for new payments.

Initial Screening

Application Verification

Before looking at bank data, systems verify the core facts. It's a digital handshake.

Business Info

  • Legal Name
  • Structure
  • Address

Financials

  • Annual Revenue
  • Existing Debt
  • Ownership %

Cross-Check

  • Bank Data Match
  • Name Validation
  • Public Records

Risk Profile

  • Industry Risk LOW
  • Management Exp. HIGH
  • Compliance CHECK
Identity Verification

Security Protocols

Compliance is non-negotiable. We split verification into two distinct tracks: Identity (KYC) and Entity (KYB).

KYC Protocol

Know Your Customer

Required Docs

Gov ID / Passport SSN Validation Utility Bill
INSTANT CHECK

KYB Protocol

Know Your Business

Required Docs

Articles of Inc. EIN Letter Bank Verification
24-48 HOURS

The MerchantScan Advantage

We automatically extract and pre-validate your KYC & KYB data before you apply. This reduces "back-and-forth" emails by 70% and speeds up funding.

Pre-Vetted

How Decisions Are Made

The final verdict is a calculation, not a guess.

1. Automated Score

100+ data points create your baseline risk profile.

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2. Human Context

Underwriters adjust for stories data can't tell.

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3. Final Terms

Approval amount, factor rate, and term length.

Instant Analysis

Know Where You Stand

Don't apply blindly. Upload your statements and get a free, AI-powered pre-underwriting report in seconds.