FundingTracker vs checking each funder's portal
A funder portal shows that funder's own view of the advance it gave you: its balance, its payment history and its documents. If you have more than one advance, you have to log into each portal separately and add the numbers up yourself, and each portal shows payments as that funder recorded them rather than what cleared your bank account. FundingTracker puts every advance in one merchant-owned view, matches the debits that actually cleared your bank (read-only, through Stripe Financial Connections) to each deal, and flags over-debits, missed postings and extra debits. Keep using the portals for each funder's official balance and documents; use FundingTracker to see the whole stack.
- A funder portal is useful for that funder's official balance, statements and documents.
- It usually does not show your other advances, the combined daily cash impact, or whether its own debits match your bank account.
- FundingTracker is independent of any one funder and keeps your own numbers for every position in one place.
Side-by-side comparison
| Area | Each funder's portal | FundingTracker |
|---|---|---|
| Whose view it is | The funder's view of its own advance. | The merchant's view of every advance, independent of any one funder. |
| Advances covered | One funder's positions per login. | All active MCAs and business loans in one view. |
| Payment data | Payments as the funder has recorded them. | Debits that cleared your bank, read-only through Stripe Financial Connections, matched to each deal. |
| Discrepancies | Depends on the funder noticing. | Flags over-debits, missed postings and extra debits against the expected deal terms. |
| Stacked advances | Not visible: each portal shows one funder. | Combined daily cash impact across positions. |
| Remaining balance and payoff | The funder's balance; the official payoff figure comes in its payoff letter. | Total payback minus tracked payments, with a projected payoff date; payoff quote request PDFs to send to the funder. |
| Documents | That funder's contract and statements. | Contracts, payoff letters, renewal offers, disputes and notes for every position. |
What funder portals are good for
The portal is the funder's record, so it is where to look for that funder's official balance, statements and contract copies. When you need an exact payoff amount, the funder's written payoff letter is still the source of truth.
What checking portals one by one misses
- Your total exposure: no single portal shows the other advances you're paying.
- Combined daily debits: you have to add every funder's payment yourself to see what leaves your account each day.
- Your bank's side of the story: a portal shows payments as the funder recorded them, not what actually cleared your account.
- One place for documents: contracts, payoff letters and renewal offers stay spread across logins and email.
Common questions
How do I keep track of multiple merchant cash advances?
List every active advance with its funder, total payback, payment amount, cadence and start date, then match each cleared bank debit to the right advance. Track remaining balance, payoff date and the combined daily debit across all of them. FundingTracker does this in one view by matching read-only bank transactions to each deal.
Should FundingTracker replace my funder portals?
No. A funder portal is still useful for that funder's official balance and documents. FundingTracker combines all positions, daily debits, payoff calculations and reconciliation in one place, and the funder's payoff letter remains the source of truth for an exact payoff amount.
Why doesn't my funder's portal balance match my own records?
Common reasons are pending debits that haven't cleared, returned payments, fees, or payments counted on a different date. Compare the funder's payment history with your bank statement line by line, and ask for a written payoff letter if the number matters.
Does FundingTracker connect to funder portals?
FundingTracker works from your own bank data instead: it receives read-only transaction data through Stripe Financial Connections and matches funding debits to each deal. Contracts can be uploaded for AI field extraction.