Word contracts

Write your contract in Microsoft Word, mark where each deal's details go, and MCA Manager fills it for every deal, turns it into a PDF and places a signing box wherever you asked for one. The wording is yours: nothing is rewritten.

1. Fill in Settings → Contracts

The details every contract prints about you: your legal name and address, the contract email, and the incoming wire / ACH instructions. The same page sets the signer rule (signers must own more than a percentage of the business, 50 by default) and whether every signer initials every page (on by default). Needs edit company settings.

2. Mark up the Word file

Fields are written in braces: {company.legalName}, {deal.purchasePrice}, {primaryContact.name}. A field the deal has no value for prints empty.

Repeating blocks print once per item: {#signers}{firstName} {lastName}{/signers}. The lists are sellers (with dbas, banks, backups and signers inside each seller), signers, guarantors, banks and earlyDelivery. Inside a block, {.} is the item itself.

Sometimes-sections appear only when a condition holds:

• {#flags.hasThirdPartyPayoff}…{/flags.hasThirdPartyPayoff} — when it is true or non-empty;
• {^flags.hasBackupAccounts}…{/flags.hasBackupAccounts} — when it is not;
• comparisons: {#flags.state == "TX"}…{/flags.state == "TX"}, with ==, !=, >, >=, <, <= (text compares ignoring case).

This is how one file carries state addendums and optional pages.

Signing spots go where a signer signs, initials, dates or types:

Inside a signer block write [[sig:{sigTag}]] (and init / date / text): it becomes the right signer for each repeat. Each box is sized to the blank it sits on, and the tag text itself never shows on the PDF. Every signer needs at least one sig spot. With initials every page on, each signer also gets an initials box at the bottom right of every page that has none of theirs.

3. Upload, inspect, preview

Under Settings → Document templates → Word contract templates: name it, choose the .docx (up to 10 MB) and Upload Word template. The upload is checked first: an unknown field is named (unknown field {x}), a broken block is reported, and a file with no signature spot is refused. Replace keeps the template and bumps its version.

• Inspect shows, for a deal you pick, who signs where, each sometimes-section (with Preview as state for addendums), and where every value comes from — shaded by Deal, Merchant, Signers, Settings or Computed.

• Preview fills the template for that deal and shows the PDF. Nothing is saved.

• Turn off document design / Use document design turns your document design (logo, watermark, footer) off or on for this template.

• Mark disclosure included marks a template that carries the state disclosure pages itself, written with the disclosure.* fields inside {#flags.state == "TX"}…{/} blocks, one per state. Generating it then:

  • refuses while the deal's disclosure can't be worked out (the error says why);
  • records the disclosure on the deal, so the funding gate sees it;
  • marks that disclosure signed when the contract is signed.

  A signing packet that includes such a template doesn't add a separate disclosure PDF.

Uploading and previewing need manage signature templates. Account numbers stay masked in previews unless you may view merchant bank details.

4. The deal's Contract details

On the deal, the Contract details card collects what the template needs:

• Signers, in signing order — chosen from the owners of the merchant and of its backup businesses. Together they must own more than the minimum of the main business (exactly the minimum is not enough). Below it, a note explaining why these signers are enough is required, and the override is audited. Signers of a backup business are optional. Needs edit advances.
• Early delivery schedule — windows of calendar days after funding and the amount owed if paid within each (no overlaps, up to 20). Left empty, the contract has no early-delivery page.
• DBAs are kept on the merchant (up to 25); the first is always the merchant's DBA name.
• A payoff to other funders on the deal prints in the deductions and turns on flags.hasThirdPartyPayoff.
• Bank accounts come from the merchant's bank accounts: bank.* is the primary, used for the ACH authorization; banks lists primary then backups.

Generate contract (needs send for signature) fills the template, converts it, places the signing boxes and leaves a draft signature request: Review and send → opens it in e-signature. It refuses — and says why — when no signers are chosen, a signer has no email, the ownership rule is not met, or the template has spots for a signer the deal does not have. Each generated contract keeps the template version and a fingerprint of the PDF.

Through the API: PUT /api/v1/deals/{id}/signers, then POST /api/v1/deals/{id}/contracts (answered 202; the result arrives as the contract.generated or contract.failed webhook).

Every field

Agreement

Your company (Settings → Contracts)

Incoming wire / ACH instructions (Settings → Contracts)

Merchant's primary bank account (merchant page → Bank accounts) — the ACH authorization

Merchant's bank accounts — repeats for the primary, then each backup — repeat with {#banks}…{/banks}

Sellers — repeats for the merchant, then each backup business — repeat with {#sellers}…{/sellers}

DBAs — repeats for each DBA of this Seller — repeat with {#dbas}…{/dbas}

This Seller's bank accounts — repeats for its primary, then each backup — repeat with {#banks}…{/banks}

This Seller's backup accounts only — repeats for each account after the primary — repeat with {#backups}…{/backups}

Signers for this Seller — repeats per signing owner — repeat with {#signers}…{/signers}

All signers — repeats for every signer, in signing order (signature and guarantor pages) — repeat with {#signers}…{/signers}

Guarantors — repeats for each person signing the guaranty, once each even when they sign for several Sellers — repeat with {#guarantors}…{/guarantors}

Primary contact

Purchase terms

Amounts deducted from the purchase price

Early delivery schedule — repeats per window — repeat with {#earlyDelivery}…{/earlyDelivery}

State disclosure — worked out from the deal and its Disclosure inputs (wording from Settings → Contracts)

Empty when the deal can't be disclosed yet; disclosure.problems says why. Put each state's pages in a {#flags.state == "CA"}…{/} block.

Disclosure payoffs — repeats per payoff — repeat with {#disclosurePayoffs}…{/disclosurePayoffs}

Disclosure payoffs to other funders / third parties — repeats per payoff — repeat with {#disclosureThirdPartyPayoffs}…{/disclosureThirdPartyPayoffs}

Conditions — {#flag}…{/flag} shows a block only when true

The Contract fields page under Settings → Contracts shows the same list with what a chosen deal would print in each.

Can’t find what you need? Return to the app or contact your administrator.