Scale MCA Originations
with
Institutional Warehouse Lines.
We help MCA originators transition from high-cost bridge capital to institutional warehouse facilities, typically starting at $20M+.
No obligation. We'll email your score + next steps within 1 business day.
Confidential submission. We do not sell your data. NDA available on request.
Minimum Qualifiers (for $20M+ facilities)
- Direct funder (not broker/ISO-only)
- $1M+ monthly originations (preferred) OR strong growth + clean tape
- 12+ months operating history (preferred)
- Ability to provide bank statements (last 3–6 months) + portfolio tape
- Basic vintage performance + loss reporting
- Clear stacking/UCC policy and controls (or willingness to implement)
Who This Is For
MCA platforms funding $1M+/month seeking warehouse scalability.
What We Deliver
- Structure + lender-ready materials
- Data tape cleanup + reporting
- Covenant + reserve design
What We Need
- 3–6 months business bank statements
- Portfolio tape export (see fields below)
- Current stack / existing debt summary
- Underwriting policy + servicing overview
- Vintage performance summary
MCA Underwriting & Controls.
Institutions fund "systems," not just deals. We harden your operational logic to withstand bank-grade audits.
Renewal Cohorts & Net Yield
Granular vintage analysis showing retention strength and the true yield delta across merchant lifecycles.
Stacking / UCC Risk Controls
Engineering protocols to mitigate multi-lender exposure and UCC filing priorities to protect senior position.
Reserve & Waterfall Mechanics
Structuring senior vs. mezz tranches with automated reserve triggers based on static-pool performance.
Data Tape + Eligibility Criteria
Normalizing heterogeneous merchant data into standardized tapes that satisfy institutional credit committees.
What Lenders Underwrite
Loss Curves
Vintage performance
Concentration
Merchant / state / channel
Stacking / UCC
Controls & policy
Servicing
Collections process
Data Quality
Reporting cadence
Direct vs. Advisory Approach.
Traditional Lenders
Generic, non-optimized debt that restricts long-term scalability.
- Fixed Advance Rates (Non-Negotiable)
- Captive Structural Restrictions
- Generic Disclosure Requirements
- Limited Feedback Loops on Data
- Standard "Market" Covenants
Structural Alpha
Clinically engineered mandates designed for the institutional market.
- Dynamic Advance Rates (Waterfall Optimized)
- Syndicated Multi-Tranche Solutions
- Audit-Grade Data Tape Cleansing
- Targeted Institutional Outreach (50+ Firms)
- Strategic Covenant Hardening
The 3-Step Growth Plan.
Moving from small debt to large institutional funding doesn't have to be confusing. FCP guides you through every step.
Diagnostic Review
We look at your current numbers and tell you exactly what lenders want to see.
Structural Prep
We help you clean up your data and reports so they are ready for big banks.
Lender Closing
We prepare lender-ready materials and support your outreach and diligence process through term-sheet review and closing.
Your growth,
supported by FCP.
Institutional Readiness FAQ.
Facilities typically start at ~$20M+ for direct funders, subject to portfolio performance and data quality. We may advise smaller originators on a roadmap to reach institutional scale.
Ready to professionalize
your capital stack?
Get a readiness score + facility sizing range + top 3 gaps to fix.
Takes ~2 minutes. No commitment.
If you qualify, we'll request a tape + statements for lender-ready packaging.