Underwriting basics2 min read

Industries and MCA: how funders think about risk by industry

Why funders treat industries differently, what a restricted list is, and how to use it in your buy box.

Several miniature shop icons on a dark grid

Two businesses with the same revenue can get very different answers from a funder, just because of what they do.

Why industry matters

Funders look at how steady sales usually are in an industry, how often businesses in it close, and how receipts flow. Some industries have steady daily card sales. Others are seasonal or project based.

Restricted lists

Most funders keep a list of industries they will not fund, or fund only on special terms. These lists differ by funder.

Use it in your buy box

Collect the restricted lists from your funder panel and skip those industries when you buy leads. Every lead you cannot place raises your cost per funded deal.

Want live MCA leads? Unlock fresh merchants with credits, straight to your CRM.

Get leads now

How to build a buy box and cost per funded deal.

Get live MCA leads in your CRM today.

BrokerSeat is a live lead marketplace for MCA brokers, ISOs, funders and lenders. Merchants who asked about funding show up in your feed in real time. Unlock the ones you want with credits and work them right away.