Notes on Specialty Finance

I co-funded a $699M real estate operator's MCA. The frame I used to bring to underwriting was wrong. Here's what I learned by watching him work.

My personal take on small business funding 2026. Banks are tightening. Here is a simple 3-question framework to evaluate your options when loans slow down.

I read the Federal Reserve’s 2026 report on employer firms asking one question: does the data on merchant cash advances match what I hear daily? The answer is yes. 38 percent of firms applied for financing. 8 percent chose merchant cash advances. When speed equals survival, the math changes.

This week my inbox told me something I already suspected. Real estate operators aren't asking for mortgages. They're asking for capital that matches the clock on a deal already in motion. Here's what I saw, why it matters, and how I think about bridge capital for real estate when timing is the real constraint.

I didn't run this daycare. I witnessed it. Over 10 years, I watched one operator use merchant cash advances 10 separate times. Each aligned with daily revenue. Each enabled growth without cash flow strain. Here's what I learned about flexible capital that fits.

I review how restaurants, clinics, and online sellers use quick capital to manage daily timing. Personal perspective on fast business funding. Educational commentary only. Not an offer or solicitation.

I have been tracking the merchant cash advance market 2026 numbers closely. The data matches what I hear from business owners every day. The US merchant cash advance market is growing around 9 percent a year. Traditional bank lending to small businesses is growing about half that fast. The total market size for 2026 is projected at $35.6 billion. But the real story is not the dollar amount. It is the reason behind the growth. Owners are not turning to MCA because banks said n

I pulled the Q1 numbers this week. Five sectors are leading non-bank capital demand across the country, and they're the same five sitting on my desk most days. Here's what I see when I read these files.