Merchant Cash Advance Software for Australian Funders
Factor-rate deals, daily and weekly direct debit on the payment provider you already run, syndication, broker commission and renewals — in one platform built for advances rather than loans. Serving cash advance funders since 2010.
Australian cash advance runs on software built for something else
Business cash advance and revenue-based finance have grown quickly in Australia, but the software has not kept pace. Most funders here end up on one of three things: a lending platform built for amortising consumer and commercial credit, a general-purpose CRM bent into shape, or a spreadsheet bolted to a direct entry file.
All three work until volume arrives. Then the cracks show in the same places every time — reconciling daily debits against an instalment schedule that was never meant to run daily, tracking what each syndication partner is owed, working out which deals are eligible for a renewal, and paying broker commission accurately across a book that is turning over constantly.
The root cause is that an advance is not a loan. There is no principal, no interest accrual and no amortisation. There is an advance amount, a factor rate, a fixed payback, and a collection pace. Software that models interest will always be approximating.
Built for the way advances actually work
Factor-rate deal maths
Advance amount × factor rate = payback, fixed at funding. Balance, percentage paid and a performance score against expected pace — not arrears buckets.
Daily & weekly direct debit
High-frequency debit scheduling, credits, splits and dishonour handling, every movement recorded against the advance.
Your payment provider
Provider-agnostic. Keep Monoova, Zepto, another direct entry bureau or your bank’s facility — we integrate what you already run.
Syndication
Partners co-fund a share of a deal and take a proportional share of collections. Positions, payouts and per-partner statements tracked both ways.
Broker commission & portals
Commission per broker per deal, plus a white-label portal your partners log into to submit deals and track their own pipeline.
Renewals & reups
Close the current advance, carry the balance into a new one on new terms, keep the full repayment history intact.
Bank-statement underwriting
MCA Verify reads statements for cash flow, days in negative and dishonours, runs stacking detection, and drafts a credit memo.
Portfolio view
A live dashboard of exposure and repayment pace across the book — which deals are ahead, which are behind.
Reporting & exports
Collections, balances, dishonours and syndication reporting, exportable, with large jobs running in the background.
You keep the rail. We change the system around it.
MCA Track is payment-provider agnostic. Whatever you collect through today — Monoova, Zepto, another direct entry bureau, or a facility with your own bank — we integrate it rather than requiring you to move.
That is deliberate, and it is the single most important thing to get right on a platform switch. The collection rail carries the most operational risk in the business: mandates, dishonour codes, settlement timing, reconciliation, and the relationships behind all of it. Replacing your servicing platform is a large enough change on its own. Doing it at the same time as changing how money moves is how migrations go wrong.
Coming off a lending platform
Most Australian funders we speak to are running a loan core — frequently finPOWER Connect, which is the dominant platform for non-bank lending in this market and a strong one for amortising credit. Moving a cash advance book off it is mainly a data-modelling exercise: principal and precomputed interest become advance amount, factor rate and payback; instalment schedules become direct debit schedules; borrower records become merchants; and repayment history comes across intact so your performance data survives the move.
Already on finPOWER Connect?
We wrote a detailed, sourced comparison of the two platforms — what each one models, where finPOWER is the better answer, and what a migration actually involves.
Frequently asked questions
See it with your own deal structure
Bring a live deal — your factor rates, your debit frequency, your syndication splits, your broker commission — and we will show you how it looks in the platform. Time zones are not a problem; we work with funders across both hemispheres.
About MCA Track
MCA Track is cash advance software and CRM for funders, serving 150+ funding companies since 2010. It manages the full advance lifecycle — intake, underwriting, contracts, direct debit servicing, syndication, broker commission and renewals — and pairs with MCA Verify for automated bank-statement underwriting.
Related: finPOWER Connect Alternative · Merchant Cash Advance Software · MCA CRM · Complete MCA Software Guide · MCA Verify