specialty finance

Small ticket new business volume is up 25.8 percent year to date against 11.3 percent for the industry overall. The segment growing fastest is the one whose economics are decided by processing cost and cycle time rather than by credit spread.

Equipment finance delinquencies over 30 days sat at 1.7 percent in June while the loss rate rose to 0.54 percent. Losses lag the delinquency that produces them, which makes monitoring cadence a credit control rather than a reporting task.

Equipment finance approval rates reached 79.5 percent in June, and 80.7 percent on small ticket. With 2026 volume forecast at the highest level since the survey began in 2006, the constraint is cost per file, not credit appetite.

Federal small-business lending data rules and roughly ten state disclosure laws have turned documented, consistent MCA collections into a compliance requirement, not just a recovery tactic.

Two lenders, one book size, two collections cost structures. Why a manual desk scales with headcount while an operated cadence holds cost flat as the book grows.

Alternative lenders lose 15 to 20% of recoverable AR to inconsistent follow-up, not bad credit. Why recovery is a timing problem, and how CXO closes the gap.

Off-the-shelf underwriting was built for W-2 borrowers, not the cash-flow businesses alternative lenders fund. Here is where it leaks deals and how to fix it.