Cevrynt · AI underwriting software for MCA & alternative lenders: Underwrite the deal, not the paperwork.

Cevrynt turns borrower documents, bank activity, business checks, debt positions and lender rules into one evidence-linked underwriting view—so your team can review the full story without chasing files across tools.

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Cedar & Stone LLC · one file, start to decisionIllustrative · no borrower data00:00

01Intake

Classified asBank statements · Jan–Jun ×6

Classified asBusiness application

Classified asOwner ID

Classified asVoided check

9 files · classified · 1 deal

02Extract

Deposit · ACH$18,420.00

Recurring debit · Northbay Cap.$1,240 weekly

Overdraft fee1 this month

Every value keeps a link to the page and line it came from.

03AI analysis

Average monthly deposits$84,210

Negative days3 · all in April

Existing positions2 funders · weekly debits

AI noteApril dip follows lower card sales

04SOS · KYC · Web

Secretary of State · DelawareActive · formed 2016

Owner identity (KYC)Matches registered member

Web presenceSite and listings agree

05Address · Street view

Building existsTwo-storey commercial unit

Business boardSignage reads Cedar & Stone

NeighbourhoodCommercial strip · not residential

Shared addressNo other recent applicant

06Fraud detection

Font on page 4Differs on one line

PDF metadataEdited after issue

Duplicate submissionNone found

Flag raised · needs a reviewerCevrynt shows why. Your team makes the call.

07Policy checklistOptional

Rules met5 of 6

Exception · kept visibleIntegrity flag still open

Runs when your team has a policy loaded. Nothing is scored behind your back.

08Re-analysis

Apr 08 deposit: $17,450; $7,450
Avg monthly deposits: $85,880; $84,210
Balance math · p.4: Breaks; Reconciles
Integrity rule: Exception; Met

2 figures changed · 1 flag cleared

Version 1 and the reviewer’s note stay in the audit history.

09Memo · decision

Amount range your policy supports$40,000 – $55,000

$0From your rules · not an offer

UnderwriterFinal decision

Approved with conditions · $45,000Logged with evidence and note

Most underwriting doesn't start with analysis. It starts with hunting for the file.

Chasing DocsRe-keyingCross-checkingMissing PagesDuplicate FilesData MismatchesFollow-upsWaiting

A deal can be straightforward. Getting everything into a state where an underwriter can actually review it often isn’t. Cevrynt handles the work between receiving the file and understanding what’s really there.

THE UNDERWRITING CONTEXT PROBLEM

The numbers may be in the file.The reason behind the decision usually isn’t.

Evidence
The number is there. The source isn't.
Revenue, balances, NSFs and existing positions get copied into notes and spreadsheets. A few steps later, it becomes difficult to tell exactly which statement, transaction or document supported the number.
Consistency
Same deal. Different underwriter. Different call.
One reviewer catches the deposit pattern. Another focuses on the negative days. Someone else weighs an existing position differently. The file hasn't changed — the way it was reviewed has.
Explainability
Six months later, “why?” becomes hard to answer.
When a deal is approved, reduced, conditioned or declined, the reasoning often lives across comments, spreadsheets and someone's memory. Revisiting that decision shouldn't mean rebuilding the underwriting from scratch.

Who it's for

Same deal. Different pressure depending on where you sit.

Cevrynt is built around the funder-side underwriting workflow first, while giving every team around the deal a cleaner way to prepare, review and understand the same borrower story.

Primary market

Underwrite the whole MCA file - not just the bank statement.

Cevrynt brings borrower documents, cash-flow analysis, existing MCA positions, business verification, fraud review, and your lender policy into one evidence-linked underwriting review.

Read bank activity without rebuilding it in a spreadsheet
Surface revenue patterns, negative days and existing positions
Apply your own policy without hiding exceptions
Keep the evidence behind the final underwriter call

Also built for

Underwrite the SMB file without losing the story behind it.

Cevrynt brings borrower documents, bank activity, business verification, fraud signals, and your credit policy into one evidence-linked review — with exceptions left visible for your underwriters.

Also built for

Know what the lender will find before you send the file.

Cevrynt reviews the borrower package, bank activity, existing obligations, business verification, and missing or conflicting information — so your team can send a cleaner submission with fewer surprises downstream.

Also built for

Underwrite the merchant behind the storefront.

Cevrynt brings commerce performance, borrower documents, bank activity, business verification, existing obligations, and lender policy into one evidence-linked review — so platform signals become part of the underwriting decision, not a substitute for it.

How it works

One deal. Eight steps. Nothing important gets lost between them.

A file moves through Cevrynt as one continuous underwriting record — from the documents that came in to the evidence, checks, policy calls and final memo your team reviews.

01 / 08

Intake

Extract view: values read from the original bank statement into normalized underwriting fields, each keeping a page and line reference back to its source — Illustrative product view. Not real borrower data.

Financial analysis view: six bank statements unified into one cash-flow rhythm, transaction pattern and quality read — Illustrative product view. Not real borrower data.

Verification view: application record set against the verified record — Illustrative product view. Not real borrower data.

Fraud view: signals converging with one raised for a reviewer to resolve — Illustrative product view. Not real borrower data.

Policy view: lender criteria applied with an exception and a recorded override — Illustrative product view. Not real borrower data.

Reanalysis view: the file re-run against new evidence with changes called out — Illustrative product view. Not real borrower data.

Deal memo view: findings assembled with their evidence attached — Illustrative product view. Not real borrower data.

Whatever arrives — applications, statements, IDs, agreements or supporting files — lands against the same deal. Cevrynt keeps the package together before underwriting begins.

Explore capability

The file is read and structured into the fields underwriting actually needs. Names, dates, balances, deposits and other key values stay linked to the page they came from.

Explore capability

Bank activity becomes something an underwriter can reason through: revenue behaviour, cash flow, negative days, unusual deposits, existing obligations and the patterns behind the numbers.

Explore capability

What the application says about the business and its people is checked against available identity, entity and verification evidence. Differences are surfaced instead of quietly reconciled.

Explore capability

Cevrynt looks for things worth a second look — altered documents, duplicate submissions, conflicting details and signals that do not line up across the file. It flags the issue; your team makes the call.

Explore capability

Your underwriting rules are applied to the deal as written — including limits, conditions and exceptions. When something falls outside policy, the reason stays visible rather than disappearing into a score.

Explore capability

A corrected statement or newly received document should not mean starting again. Cevrynt reruns the affected analysis and shows what changed from the previous review.

Explore capability

The important findings, supporting evidence, verification results, policy outcomes and reviewer notes come together in one record — ready for the underwriter’s final decision.

Explore capability

Illustrative workspace. Not real borrower data.

What changes

The difference shows up in the work your underwriters stop repeating.

For MCA funders and alternative lenders, the payoff is practical: less re-reading, earlier conflict detection, more consistent policy review, and a decision record that still makes sense months later.

Outcome 01

Read the bank statement once. Keep the analysis for everyone.

Cevrynt structures bank statement activity at the deal level, so the next reviewer does not have to reconstruct deposits, balances and cash-flow behaviour from the original PDFs again.

Deposits, balances, negative days and cash-flow patterns in one view
Unusual activity surfaced with the underlying transaction or statement
Every important figure traceable back to its original source

Bank statement analysis

Cash-flow review: deposits, balances and negative days in one connected view — Illustrative product view. Not real borrower data.

Outcome 02

Catch the mismatch before it becomes someone else's problem.

Application details, business records, identity checks and document signals are compared while the file is being reviewed. When something does not line up, Cevrynt shows the conflict instead of quietly smoothing it over.

Business and officer records checked against the application
Duplicate, conflicting and suspicious document signals surfaced
KYB/KYC and fraud findings stay visible for human review

Fraud signals

Verification review: entity, officer and document checks with one conflict surfaced — Illustrative product view. Not real borrower data.

Outcome 03

Leave the next reviewer the reason — not just the result.

An underwriting decision should carry more than an approve, decline or counter. Cevrynt keeps the findings, source evidence, policy results and reviewer judgment together in the same deal record.

Findings linked directly to supporting evidence
Exceptions, notes and human overrides preserved with the file
Past decisions can be retraced without rebuilding the underwriting

Underwriting report

Decision record: findings, sources, notes and policy outcomes in one review — Illustrative product view. Not real borrower data.

Outcome 04

Know where the deal breaks policy before the credit conversation starts.

Cevrynt evaluates the file against your own MCA or SMB lending criteria, so the team can see what passed, what failed and what needs judgment before discussing the deal.

Your thresholds, not a generic scorecard
Exceptions surfaced with the reasoning attached
Overrides recorded against the file, not lost in chat

Policy engine

Policy evaluation: lender criteria applied to a deal with one exception raised and an override recorded — Illustrative product view. Not real borrower data.

See how Cevrynt handles your own underwriting files.

Book a walkthrough

THE UNDERWRITING VIEW

Six questions every deal should answer before your team makes the call.

Cevrynt brings the answers into one review — financial behaviour, business identity, existing obligations, file integrity and policy fit — with the evidence behind each one.

EVERY ANSWER STAYS CONNECTED TO THE EVIDENCE BEHIND IT

A worked example

A deal should leave behind more than a status.

Here's one illustrative MCA underwriting file after Cevrynt has worked through it — the numbers, conflicts, policy exceptions and source evidence are still there when it reaches the underwriter.

Underwriting workspace showing the full audit trail for one illustrative deal — Illustrative product view. Not real borrower data.

Illustrative deal · Cedar & Stone LLCHuman review required

Illustrative audit trail for one deal, from intake through human decision
Stage	What happened	Evidence
01Intake	BrokBroker package received and opened as one underwriting file.	10 files received
02Extract	Application, six bank statements, identity documents, bank proof and existing MCA agreement were classified and mapped.	10 / 10 files mapped
03Analysis	Six months of bank activity were reviewed together. Average monthly deposits were $84,613, ending balance was $31,240, and a recurring $1,550/day MCA debit was surfaced.	6 statements analysed
04KYB/KYC	Business entity is active and the legal name matches. The registered address does not match the address on the application.	1 conflict open
05Fraud Detection	Duplicate-submission and document-integrity checks produced no separate fraud flag. The address conflict remains visible rather than being treated as fraud automatically.	0 fraud flags
06Policy Engine	Deposit volume and core business criteria pass. Negative-day activity falls outside the lender-defined threshold and needs reviewer judgment.	1 policy exception
07Reanalysis	Additional address evidence was added and the affected verification checks were rerun. Financial findings remained unchanged, and the revised evidence was preserved against the same deal.	1 change recorded
08Deal Memo	Financial findings, verification results, fraud review, policy exception, source evidence and reviewer notes were assembled into one underwriting memo.	Ready for human review

Illustrative only. Figures do not represent a real borrower, and no funding outcome is implied.

Why Cevrynt

Underwriting automation that shows its work.

Cevrynt does the repetitive work around an MCA or SMB underwriting file, but it does not hide how it got there. The evidence, lender policy, exceptions and human judgment remain visible all the way to the final review.

Traceable: Every important number and finding keeps the source behind it — the statement, page, transaction or verification result your underwriter can go back and inspect.
Policy-led: Cevrynt works from your underwriting criteria, thresholds and exceptions. It does not replace your credit policy with a universal score that your team has to work around.
Exception-aware: A mismatch should look like a mismatch. An out-of-policy condition should look like an exception. Cevrynt surfaces the gray areas instead of quietly turning them into a clean answer.
Human-owned: The system prepares the review; your team makes the credit decision. Notes, overrides and the reasoning behind the call stay with the deal instead of disappearing into chat, spreadsheets or memory.

Lender control

Automate the review. Keep the credit authority.

Cevrynt prepares the underwriting work — structuring evidence, applying lender-defined policy, surfacing exceptions and building the decision record. Your team keeps control of risk appetite, judgment and the final credit or funding decision.

Policy
Cevrynt evaluates each deal against the underwriting rules, thresholds and conditions your team has defined, and shows what passed, what failed and why.
You decide the risk appetite, thresholds, conditions and who has authority to approve an exception.
Evidence
Cevrynt structures the borrower file and keeps important figures, findings and risk signals connected to the document, page or transaction behind them.
An underwriter can inspect the source, correct a finding, request more information or decide that the evidence needs a different interpretation.
Access
Cevrynt surfaces policy exceptions, conflicting information and unresolved signals instead of quietly turning them into a clean answer.
You decide whether an exception is acceptable, whether conditions are needed, whether the deal should be escalated and why an override was made.
Decision
Cevrynt assembles the financial analysis, verification results, policy outcomes, open issues and supporting evidence into a reviewable underwriting record.
Approval, decline, counteroffer, pricing, structure and final sign-off remain with the lender or funder.

CEVRYNT SUPPORTS UNDERWRITING REVIEW. IT DOES NOT SET YOUR CREDIT POLICY OR MAKE THE FINAL FUNDING DECISION.

Cevrynt × SHOPLINE

Bringing underwriting closer to where commerce actually happens.

Cevrynt and SHOPLINE are working through a development and referral partnership around a simple question: how can e-commerce merchant underwriting use real operating context without taking the credit decision away from the lender?

Commerce platform

Underwriting infrastructure

What changes when the underwriting file can understand the business behind it?

Where permitted and implemented, commerce activity can add operating context around the merchant instead of asking the lender to understand the business from borrower documents alone.
Cevrynt is being built to evaluate relevant merchant context alongside bank activity, borrower documents, business verification and lender-defined underwriting policy.
Eligibility, pricing, structure, exceptions and the final funding decision remain independently controlled by the participating lender or funder.

Development and referral partnership. Product availability, data access and underwriting workflows depend on implementation, merchant authorization, applicable permissions, lender requirements and market availability. Cevrynt is not a lender and does not guarantee approval or funding.

Explore e-commerce merchant underwriting

Scoped pilot

Test Cevrynt on files your underwriters already know.

A pilot starts small on purpose. Pick one underwriting workflow, agree what a useful result looks like, then run Cevrynt against representative historical files your team has already reviewed.

First
Choose the workflow worth testing.
Start with a real bottleneck — bank statement review, document intake, verification, policy review, or the full underwriting file. We keep the scope narrow enough to learn something useful quickly.
BEFORE WE RUN A FILE
Decide what “better” actually means.
Agree on the measures before seeing the results: review time, manual touches, extraction quality, missed conflicts, policy consistency, or how often an underwriter needs to correct the output.
In the pilot
Compare Cevrynt with the review you already trust.
Run a representative set of historical files — including the messy ones and edge cases. Compare what Cevrynt surfaces with what your team found, inspect the evidence behind it, and decide whether it belongs in the workflow.

Bring a workflow and a small set of representative files.

sales@cevrynt.com

Resources

Practical guidance for MCA and SMB underwriting teams.

Deep dives on bank statement analysis, existing positions, fraud signals and the evidence an underwriting decision should leave behind.

Before you ask

The questions underwriting teams ask before they put real files through Cevrynt.

Short answers to the questions that usually come before a pilot. Security, data handling, deployment, and deeper integration questions are covered in the full FAQ.

Does Cevrynt make credit decisions or replace underwriters?

No. Cevrynt prepares the underwriting work — structuring documents, analysing bank activity, checking business and fraud signals, applying lender-defined policy, and keeping the evidence together. Your team reviews the exceptions and makes the final approval, decline, counter, pricing, or structuring decision.

Can Cevrynt work with our existing underwriting policy?

Yes. Cevrynt is designed around the rules your team already uses, including thresholds, conditions, document requirements, and exception paths. It shows where a deal fits policy, where it does not, and why. If an underwriter overrides the result, that judgment stays recorded with the file.

Do we need an LOS or API integration before we can test Cevrynt?

No. A pilot can start with a bounded workflow and representative historical files, without turning the first evaluation into an integration project. If the results justify moving forward, the production workflow and integrations can be scoped around the systems your team already uses.

How do you measure whether Cevrynt is accurate enough for our workflow?

We do not treat approval rate as an accuracy metric — approval depends on your policy and risk appetite. In a pilot, we compare Cevrynt against files your underwriters already know and measure things that can actually be checked: extracted values, financial calculations, source links, conflicts surfaced, policy results, false or missed flags, and how often a reviewer needs to correct the output.

Is the Cevrynt × SHOPLINE partnership a live integration?

Not as a universally available, plug-and-play integration today. Cevrynt and SHOPLINE have a development and referral partnership around e-commerce merchant underwriting. Any production data flow depends on the specific implementation, merchant authorization, permitted data access, and lender use case. The partnership should not be read as automatic data sharing, automatic underwriting, or guaranteed funding eligibility.

Keep reading

UNDERWRITING WALKTHROUGH

Bring one underwriting workflow. Leave with a clear plan.

Walk through how a deal moves through your team today. We’ll identify where Cevrynt fits, what should stay with your underwriters, and what a focused pilot would need to prove before you change anything.

Book on Calendlysales@cevrynt.com

Cevrynt · AI underwriting software for MCA & alternative lenders: Underwrite the deal, not the paperwork.

The number is there. The source isn't.

Same deal. Different underwriter. Different call.

Six months later, “why?” becomes hard to answer.

Same deal. Different pressure depending on where you sit.

Underwrite the whole MCA file - not just the bank statement.

Underwrite the SMB file without losing the story behind it.

Know what the lender will find before you send the file.

Underwrite the merchant behind the storefront.

One deal. Eight steps. Nothing important gets lost between them.

01Intake

02Extract

03Analysis

04KYB/KYC

05Fraud Detection

06Policy Engine

07Reanalysis

08Deal Memo

The difference shows up in the work your underwriters stop repeating.

Read the bank statement once. Keep the analysis for everyone.

Catch the mismatch before it becomes someone else's problem.

Leave the next reviewer the reason — not just the result.

Know where the deal breaks policy before the credit conversation starts.

Six questions every deal should answer before your team makes the call.

What did the borrower actually send?

What does the bank activity really say?

Who are we actually funding?

Does the borrower package actually hold together?

Where does the deal fall outside our rules?

Where is every deal, ISO and remittance right now?

A deal should leave behind more than a status.

Underwriting automation that shows its work.

Automate the review. Keep the credit authority.

Bringing underwriting closer to where commerce actually happens.

Test Cevrynt on files your underwriters already know.

Choose the workflow worth testing.

Decide what “better” actually means.

Compare Cevrynt with the review you already trust.

Practical guidance for MCA and SMB underwriting teams.

The questions underwriting teams ask before they put real files through Cevrynt.

Bring one underwriting workflow. Leave with a clear plan.

The number is there. The source isn't.

Same deal. Different underwriter. Different call.

Six months later, “why?” becomes hard to answer.

Same deal. Different pressure depending on where you sit.

Underwrite the whole MCA file - not just the bank statement.

Underwrite the SMB file without losing the story behind it.

Know what the lender will find before you send the file.

Underwrite the merchant behind the storefront.

One deal. Eight steps. Nothing important gets lost between them.

01Intake

02Extract

03Analysis

04KYB/KYC

05Fraud Detection

06Policy Engine

07Reanalysis

08Deal Memo

The difference shows up in the work your underwriters stop repeating.

Read the bank statement once. Keep the analysis for everyone.

Catch the mismatch before it becomes someone else's problem.

Leave the next reviewer the reason — not just the result.

Know where the deal breaks policy before the credit conversation starts.

Six questions every deal should answer before your team makes the call.

What did the borrower actually send?

What does the bank activity really say?

Who are we actually funding?

Does the borrower package actually hold together?

Where does the deal fall outside our rules?

Where is every deal, ISO and remittance right now?

A deal should leave behind more than a status.

Underwriting automation that shows its work.

Automate the review. Keep the credit authority.

Bringing underwriting closer to where commerce actually happens.

Test Cevrynt on files your underwriters already know.

Choose the workflow worth testing.

Decide what “better” actually means.

Compare Cevrynt with the review you already trust.

Practical guidance for MCA and SMB underwriting teams.

Bring one underwriting workflow. Leave with a clear plan.