Blog
Notes from the underwriting floor.
Methodology, patterns, regulatory updates, and field notes. Written for MCA underwriters and ISOs who want to read more deeply than the marketing pages allow.
Field notes
What we found in 100 anonymized pilot files
Aggregate observations from the first hundred files Vyaso re-underwrote in pilot. Patterns, surprises, and what we now look for first.
Methodology
Adjusted revenue is the only number that survives collections
When a funded MCA defaults and counsel reviews the file, gross deposits do not hold up. Adjusted revenue does. Why the underwriting figure matters most after the funds wire.
Patterns
How loan stacking actually shows up in a bank statement
Multiple lender deposits in a short window is the textbook signature. The patterns underwriters are missing in 2026 are subtler than that.
Industry
Underwriting restaurants in 2026
Daily card settlements, delivery-platform payouts, and the post-COVID expansion cohort. What restaurant underwriting looks like on the floor today.
Regulatory
State commercial-financing disclosure rules, mid-2026 update
California, New York, Utah, and Virginia have active disclosure regimes. Georgia and Connecticut are next. What changes for MCAs and ISOs.
Methodology
Why we re-weight instead of subtracting fraud
Most bank-statement tools strip flagged transactions and call the rest revenue. That's the wrong move. Here's what we do instead.
Run Vyaso on your portfolio.
Free 30-day pilot. Bring 50–100 files. We'll show you what the model would have flagged, what would have been approved, and how the adjusted revenue compares.
No commitment. No setup fee.