CMCAP · In development
Most of this industry learned the job on the job.We are building a structured program for it.
Most people on a desk learned this job by watching whoever sat next to them. Start with one free course and find out what you actually know.
- Planned hours
- ~180Planned hours
- Tracks in development
- 1 of 5Tracks in development
- To start today
- FreeTo start today
Know What You’re Signing
Free · about 40 minutes
Factor rate, holdback, reconciliation, and the questions to ask about a personal guaranty. No card. No password.
Prefer a full account? Sign up with a password.
The program
What the CMCAP program is designed to teach
Every module maps to a named competency. Assessed labs on generated files are being built.
- STM
Read a statement properly
Separate true revenue from gross deposits, and know why the difference matters to a credit decision.
- RSK
Find the positions
Reconstruct total daily debt service from the account itself — including positions paid by processor split that never appear as an ACH debit.
- DOC
Check a file’s integrity
Non-footing balances, duplicated transaction blocks and other signs a statement may have been altered, and when to escalate them.
- PRC
Size a deal to the merchant’s cash flow
A factor rate, holdback and estimated term sized against the merchant’s projected balance through a slow month.
- ETH
Explain the product accurately
What reconciliation does to remittance, why an estimated term is an estimate, and when a question belongs with counsel.
- OPS
Defend the decision
Present and defend a full merchant file to two assessors, the way you would to a credit committee.
The program
Four levels, about 180 planned hours
- In developmentLevel 1
Foundation
Business finance, product mechanics, ecosystem, and the industry math you cannot fake.
- In developmentLevel 2
Core
Stips, statement analysis, risk, pricing, contracts, servicing, collections, ethics.
- In developmentLevel 3
Specialization
One specialization track. Underwriting & Risk is in development. Origination, Servicing & Recovery, Capital Markets & Syndication, and Fintech Operations are planned, not being built yet.
- In developmentLevel 4
Capstone
A generated merchant file, six deliverables, and a live defense before two assessors.
How the pass standard is set
We haven’t set the CMCAP pass standard yet. A pass standard should come from a panel of working practitioners who judge what a minimally competent professional can do. The first CMCAP learners are a pilot cohort. No CMCAP credential is issued to anyone until the standard is set.
Industry math checkpoint. You need to show you can do the deal math reliably before your first assessed lab.
Start with the free one
Forty minutes, no card, no commitment. If it is useful, the CMCAP program is being built. If it is not, you have lost forty minutes and learned the five numbers in any offer.