Underwriter Salary at Merchant Cash Group BETA

How much does a Merchant Cash Group Underwriter make?

As of April 2025, the average annual salary for an Underwriter at Merchant Cash Group is $75,720, which translates to approximately $36 per hour. Salaries for Underwriter at Merchant Cash Group typically range from $68,028 to $85,373, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Merchant Cash Group Overview

Website:
merchantcashgroup.com
Size:
50 - 100 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Merchant Cash Group was founded in 2009 to provide alternative business financing during a trying time for the United States and worldwide economy. When we were founded, many banks were tightening their lending requirements, making it nearly impossible for many small business owners to receive any sort of financing, whether for emergency situations or planned expansions or renovations. At Merchant Cash Group, we offer an interest free, merchant cash advance option that allows businesses to get the capital infusion they desperately need without the hassle of dealing with banks or other traditional lenders. Our mission has always revolved around creating successful relationships with the merchants to whom we provide cash advances, which in turn, allows them to flourish and grow. At Merchant Cash Group, we provide merchant cash advances for all types of small businesses. Our merchants have used their merchant cash advances for countless reasons: payroll, inventory, equipment upgrades, expansions, and much more. Unlike banks and other traditional lenders, we don't tie strings to the funds you receive because we understand that you, as a small business owner, know what your business needs better than anyone. We wish only to assist you in reaching your goals and helping your business thrive. A merchant cash advance is a purchase of your company's future sales, so Merchant Cash Group's success is closely aligned with the success of your business. As your sales come in, we take a percentage of the sales each day until we collect the amount of receivables we purchased. We understand that small business owners cannot wait days, weeks, or even months to go through the process of working with banks and other traditional lenders, so we can approve you within hours, and you can receive your funding within 24 hours. Our professional and courteous merchant support team has years of experience working with small business owners and will be happy to answer any questions you have or to walk you through the application process. ...

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What Skills Does a person Need at Merchant Cash Group?

At Merchant Cash Group, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  2. Health care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.

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Check more jobs information at Merchant Cash Group

Job Title Average Merchant Cash Group Salary Hourly Rate
2 Executive Vice President $257,754 $124

Hourly Pay at Merchant Cash Group

The average hourly pay at Merchant Cash Group for an Underwriter is $36 per hour. The location, department, and job description all have an impact on the typical compensation for Merchant Cash Group positions. The pay range and total remuneration for the job title are shown in the table below. Merchant Cash Group may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $75,720 look to you?

FAQ about Salary and Jobs at Merchant Cash Group

1. How much does Merchant Cash Group pay per hour?
The average hourly pay is $36. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Merchant Cash Group?
According to the data, the highest approximate salary is about $85,373 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Merchant Cash Group?
According to the data, the lowest estimated salary is about $68,028 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.