Notes on Specialty Finance

In this guide, I explain why you cannot transfer a UCC-1 directly. I break down the exact legal process for moving a lien position through UCC-3 Amendment filings and highlight the critical mistakes that leave security interests unperfected.

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