A guide for MCA funders
SECTION 4
Go-live readiness checklist
Don't declare the migration done until every item below is a clean yes.
Use this as your final gate before you declare the migration complete. Every item needs to be a clean yes. If any are no, resolve it before you go live. Each one on this list has broken a migration before.
OPERATIONS
- All active deals are imported and balances are reconciled.
- All active payment schedules match ACH processor records.
- Failed payment workflow tested: a missed payment triggers the correct queue and notification.
- Collections escalation stages are configured and tested.
- Payoff calculation has been verified against a known deal.
UNDERWRITING
- Scorecard rules match your current credit policy.
- Decline reasons are configured and mapped to the correct workflow outcomes.
- Exception approval process is active and exceptions route to the correct approver.
- Stipulation checklists are configured for standard deals.
BROKER AND SYNDICATOR
- All active ISOs are in the system with correct commission structures.
- Syndicator allocations match the last verified investor statement.
- ISO portal has been tested with at least one active broker.
TEAM AND PROCESS
- Every user has completed role-specific training.
- Written SOPs exist for new submission intake, failed payment handling, and collections escalation.
- A department champion has been identified in underwriting and operations.
- Old spreadsheets are saved as read-only archives with editing access removed.
- The team knows which system is authoritative and why.