Book a demo
Home » Merchant Cash Advance

We automate small business underwriting for Funders

Speed up your underwriting process by automating scrubbing and PDF bank statement parsing without any human-in-the-loop. We parse applications, populate in your CRM and run a waterfall of checks against your scrubbing guidelines. Get a clear picture of a company including deposits, withdrawals and other MCA obligations

  • 01

    Scrub within seconds

    You receive a merchant application and within 2 minutes, their details and outcomes against your scrubbing criteria are in your CRM

  • 02

    See existing debt positions

    Quickly identify any other positions in your customers’ stack. Instantly see which funders are active, their average repayments, and the payment frequency

  • 03

    Underwrite and fund faster

    Turn PDF bank statements into meaningful data and, ultimately, actionable insights for each of your loan applicants in minutes

    We parse and detect fraudulent activity for 90% of bank statements with 99+% accuracy in one second

Product Features

See how each of our products can help you achieve your lending goals!

Our features work together seamlessly allowing you to go from ingesting PDF bank statements to bank statement summary and ultimately, a lending decision

ISO Application Scrub

Heron parses ISO email packets and classifies the attachments instantly populated in your CRM, kicks out deals that don’t meet your credit box and auto-replies to brokers

ISO Application Scrub

Automated PDF Parsing

Our PDF parsing solution removes the need for any human-in-the-loop – upload PDFs via our dashboard or via API and get back parsed bank data in seconds

PDF Parsing

PDF Fraud Detection

We can analyze PDFs parsed by Heron for structural and formatting anomalies, which might indicate fraud or document tampering

PDF Anomaly Detection

Bank Statement Summaries

Get a clear picture instantaneously of the cashflows of your loan applicants – we summarize deposits, withdrawals and balances by month in addition to highlighting any existing debt obligations including loans from other Merchant Cash Advance providers

Bank Statement Summary

Cash-based P&L

Turn bank transaction data into a monthly, cash-based profit and loss statement to get an understanding of how revenue and costs are moving for your loan applicant

Cash-based P&L
Let’s work together

Want to get started with Heron?

Book a demo today or call us direct on (929) 277-2824 to trial our product and see how we can improve your underwriting speed, increase your lending amounts, and win more deals