MCA field guide
MCA lender criteria changes
A living methodology for tracking dated changes to lender buy boxes without silently overwriting history.
Quick answer
A useful criteria change log identifies the exact field, previous and new values, source, observation date, and reviewer. It should not silently replace history or treat age alone as inaccuracy.
What belongs in a change record
Record the lender, field changed, previous value, new value, effective or observed date, source, reviewer, and confidence. A refreshed timestamp without a field-level change is not a useful change report.
Why historical context matters
Brokers need to know whether a mismatch came from stale routing, a temporary program shift, or a newly verified policy. Lenders also need a correction path when public information is wrong.
How Lender List handles updates
Criteria remain attached to source status and date. Claimed pages establish ownership but do not silently change organic placement or matching criteria. Corrections are reviewed before publication, and material updates will appear in monthly reports as the history grows.
Practical checklist
- Record field-level before and after values.
- Attach the official or attributable source.
- Store observed and effective dates separately when available.
- Identify whether the lender confirmed the change.
- Notify affected users without claiming approval.
- Retain history and a correction path.
Common questions
Does a 90-day badge mean criteria are wrong?
No. It signals that reconfirmation is due, not that the last confirmed value is necessarily inaccurate.
Should a lender disappear when criteria age?
Not solely because of age. Availability and confidence should be communicated without inventing a failure.
Who can correct a profile?
Users can report evidence; a verified lender administrator can submit updates; publication follows the stated review process.
Primary sources and context
- Consumer Financial Protection Bureau — Small business lending rule FAQsOfficial federal context for merchant cash advances and sales-based financing.
Methodology and corrections
This guide distinguishes calculations, common industry practice, and lender-specific policy. Criteria should be confirmed from the dated source on each lender profile. Report an error through the correction policy.