MCA accounting brings funding, remittances, defaults, renewals and participant balances into a consistent set of books and reports. River Edge Advisors provides accounting and CFO support for alternative-finance businesses.
Common financial challenges
A growing portfolio can put pressure on the back office.
We funded a lot this year. I can't tell you what we've actually collected.
The bank balance looks fine, but I don't know how much of it is already owed to syndicators.
Defaults show up in the numbers months after they happen.
Every syndicator gets a different spreadsheet, and none of them tie.
Our credit line wants a borrowing base report and it takes a week to build.
What we keep track of
Funded vs collected vs defaults
A portfolio view by deal, by vintage and by ISO channel: what went out, what has come back, what is late and what has been written off.
Remittance reconciliation
Daily and weekly payments matched to deals and to the bank, with bounced and missed payments flagged during reconciliation.
Syndication & participant reporting
Participant allocations reconciled to the agreements, with consistent monthly statements for syndicators and investors.
Revenue recognition
Revenue recognition under an agreed accounting policy, with renewals, buyouts and renegotiated deals reviewed consistently.
Default & reserve accounting
Charge-offs, recoveries and reserves recorded on a clear policy, so the books reflect what the portfolio is really worth.
Cash position & lender reporting
A real cash position net of what is owed to participants, ISO commission tracking, and borrowing base packages for your credit line.
How it starts
Request a review of last month's books
Tell us about your business and the questions you want to answer. We'll tell you which documents would help and how to provide them.
We review them
We discuss what stands out and possible next steps.
A follow-up conversation
We walk you through it. If it makes sense to go further, we set out what an engagement would cover. No obligation either way.
Questions funders ask
What makes MCA accounting different from ordinary bookkeeping?
Funding, collections and accounting revenue are different measures. Defaults, renewals and participant balances need separate tracking, with accounting treatment based on the agreements and the applicable reporting framework.
Can you work in our existing funding and servicing systems?
Yes. Our team works inside your systems and ties what they show to the general ledger and the bank, every month.
Do you report to our syndicators and investors?
Yes. We prepare participant statements and investor reporting on a consistent schedule, so every syndicator sees their share of funded, collected and defaulted deals the same way each month.
Do you only work with MCA funders?
No. We also work with bridge lenders and factoring companies, and with the funds and family offices that invest alongside them.
Know your real cash position, not just your bank balance
Start with one month. We'll show you where funded, collected and defaulted numbers stand, and where they don't tie.
- → Tell us about your business and the questions you want to answer.
- → We discuss what we see: where cash is going, what doesn't tie, what we'd fix first.
- → A follow-up conversation to walk through it. No obligation either way.