Job Description
Company Description
Spartan Capital is a prominent fintech firm specializing in revenue-based financing for small and medium-sized businesses across the United States. Utilizing innovative technology and data-driven solutions, Spartan Capital provides fast and flexible working capital options to support entrepreneurial growth. The company serves a broad range of industries, offering efficient alternatives to traditional lending methods. Backed by a dynamic team, Spartan Capital is dedicated to empowering businesses to achieve their financial goals. Learn more at
Key Responsibilities
- Review and analyze daily MCA submissions to assess merchant creditworthiness, risk exposure, and funding eligibility.
- Evaluate bank statements, credit reports, business cash flow, payment history, and background reports (e.g., Clear, Unicourt).
- Conduct KYC/AML checks, verify ownership information, and confirm business legitimacy through corporate and public record databases.
- Assess existing funding positions, payment performance on submissions applying for funding
- Structure deals based on risk profile—determining funding amounts, factor rates, terms, and withhold percentages.
- Identify red flags and fraud indicators such as cash manipulation, NSFs, circular deposits, or inconsistent statements.
- Communicate effectively with ISOs, brokers, and internal funding teams to clarify approvals, collect stips, and finalize approvals.
- Ensure credit policies and funding guidelines are consistently applied to every deal.
- Participate in portfolio reviews, loss analysis, and underwriting performance audits.
- Recommend process improvements, scoring enhancements, and data-driven adjustments to underwriting models.
- Maintain daily productivity, accuracy, and decision turnaround targets within service level expectations.
Qualifications
- Minimum 2 years of MCA underwriting experience is a plus.
- Strong understanding of MCA deal structure, stacking dynamics, risk assessment, and bank statement analysis.
- Proficiency with CRM or underwriting systems
- Excellent attention to detail and ability to work efficiently under deadlines.
- Strong communication and negotiation skills with ISOs and internal departments.
- Analytical thinker with sound judgment and ability to balance risk and opportunity.
- Bachelor’s degree in finance, business, or related field is required.
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Flexible schedule
- Health insurance
- Paid time off
- Relocation assistance
- Vision insurance
Ability to Commute:
- Hazlet, NJ 07730 (Required)
Ability to Relocate:
- Hazlet, NJ 07730: Relocate before starting work (Required)
Work Location: In person
Job Tags
Full time, Relocation, Relocation package, Flexible hours,