Alternative Lending

Home

Blogs

Alternative Lending

Alternative Financing

Shela Heramis

August 28, 2025

6 Minutes Read

Cantor Backs Knock's $900M Bridge Lending ABS

126% YoY Funded Loans Growth; 766 FICO, 35% LTV, 72% CLTV

Alternative Financing

Shela Heramis

August 26, 2025

August 21, 2025

6 Minutes Read

How does "admin dissolved" affect a business's legal standing in North Carolina?

The designation "Admin Dissolved" in North Carolina is far more than a clerical note; it represents a fundamental breakdown in a business's legal operability, signaling a significant red flag for any financial institution.

Alternative Financing

Shela Heramis

August 26, 2025

August 22, 2025

6 Minutes Read

Does admin dissolved mean the business is officially closed in North Carolina?

This blog post will meticulously detail what "Admin. Dissolved" means specifically within North Carolina's regulatory framework, elucidate its profound impact on a business's legal standing, and underscore why this status demands immediate and proactive attention from lending professionals.

Alternative Financing

Shela Heramis

August 26, 2025

August 29, 2025

6 Minutes Read

What are the common ineligibilities or red flags related to "NGS" status for lender?

For Illinois-based companies, encountering a "Not Good Standing (NGS)" status is a significant red flag that demands immediate attention and a clear understanding of its implications.

Alternative Financing

Shela Heramis

August 26, 2025

August 28, 2025

6 Minutes Read

What are the consequences for Illinois companies with "NGS" status?

At Cobalt Intelligence, we’re dedicated to empowering alternative funders like you with real-time, primary source business verification.

Alternative Financing

Shela Heramis

August 26, 2025

August 27, 2025

6 Minutes Read

Why is your business currently listed as Not Good Standing (NGS) with the Illinois Secretary of State?

In Illinois, a business listed as "Not Good Standing (NGS)" means that it "is currently operational but has not met certain state requirements, such as filing deadlines or fee payments, and is at risk of further penalties or dissolution if not rectified".

Alternative Financing

Shela Heramis

August 26, 2025

6 Minutes Read

What does an "NGS" status mean for Illinois businesses and how does it differ from active status?

An NGS status is a flashing yellow light, demanding a deeper dive than a straightforward 'Active' designation. Let's unpick what these mean for businesses in the Prairie State and, crucially, for your lending decisions.

Alternative Financing

Shela Heramis

August 26, 2025

August 25, 2025

6 Minutes Read

What are common reasons a business becomes admin dissolved in NC?

In North Carolina, when an entity enters "Admin. Dissolved" status, it has progressed through the administrative dissolution process "without filing the required filings and a Certificate of Administrative Dissolution was issued".

News

Shela Heramis

August 26, 2025

6 Minutes Read

Casca Gives Banks 10x Loan Origination Edge

90% Cost Cut, 3x higher conversion rates

Access Real-Time Secretary of State Data and Automate your underwriting process. We help Alternative Funders work smarter through AI Technology. Get our FREE AI Tools here