Heron Data Alternative: Bank Statement Analysis Built for MCA Brokers

Why Look for a Heron Data Alternative

Heron Data is known for transaction enrichment and cash-flow analytics via API, popular with embedded-finance and fintech lenders. Teams seeking an alternative often want a tool they can use directly — upload a statement and read the result — rather than an API they must build into a product, or they want lender matching included.

What Matters in an Alternative

• Transaction categorization: Clean classification of revenue, transfers, loan proceeds, and recurring debits.
• Cash-flow metrics: True revenue, average daily balance, negative days, and trend.
• MCA and debt detection: Identify existing advances and stacking from daily-debit patterns.
• Usable interface and API: A direct upload tool for brokers plus an API for teams that want it.

Categorization Is the Foundation

Both Heron and any serious alternative live or die on categorization accuracy — separating real revenue from transfers and loan proceeds is what makes every downstream metric trustworthy. The difference is how quickly a broker can get from a raw PDF to a decision.

Where StatementScrub Fits

StatementScrub offers both a direct upload tool and an API, with categorization, cash-flow metrics, MCA detection, a risk score, and matching across 435+ lenders — purpose-built for MCA brokers and small-business lenders who want answers in seconds.

Bottom Line

Pick the tool that matches how you work — API-only enrichment or a ready-to-use analyzer with lender matching. Test real statements and compare categorization quality and speed.

Related reading: True revenue vs. deposits | Bank statement analysis API | Plaid alternative