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Practical writing on merchant cash advances, business financing, and how to keep stacked deals from sinking your cash flow.
NY AG Letitia James's suit against arbitration platform Rapid Ruling is the sharpest recent look at how MCA funders lock in one-sided collections — even as federal regulators loosen reporting requirements in the opposite direction.
New York's Attorney General has sued arbitration platform Rapid Ruling for allegedly rigging outcomes in favor of merchant cash advance lenders — the latest sign of intensifying scrutiny on MCA collections, SBA refinancing rules, and rising bankruptcy-stacking risk for small businesses.
New York's attorney general has sued the arbitration platform Rapid Ruling, alleging it was built by a merchant cash advance funder to guarantee wins against small businesses — one piece of a widening split between aggressive state enforcement and a retreating federal regulator.
New York Attorney General Letitia James sued an arbitration company accused of rigging outcomes against small businesses on behalf of the MCA industry, as state-level enforcement actions and new disclosure laws continue to reshape the merchant cash advance landscape in mid-2026.
New York Attorney General Letitia James filed suit on June 8 against Rapid Ruling, an arbitration platform secretly created with MCA company LCF Group to rubber-stamp judgments against merchants. The case arrives as Illinois and New Jersey join a growing wave of states requiring standardized cost disclosures for merchant cash advances.
New York AG Letitia James sued Rapid Ruling—an arbitration platform allegedly rigged to favor MCA lenders—while the CFPB's May 2026 final rule excludes merchant cash advances from federal small business data reporting, leaving their legal status under ECOA unresolved.
The CFPB finalized a scaled-back Section 1071 rule in May 2026 that officially excludes merchant cash advances from small business lending data requirements, while New York's FAIR Act—effective February 2026—and new disclosure mandates in Illinois and New Jersey signal mounting state-level pressure on the industry.
Servicing isn't just a funder's job — brokers own the merchant relationship and merchants live with the daily debits. Here are the MCA servicing tools that serve both sides in 2026, from white-label client portals to the merchant transparency most platforms still skip.
The five MCA platforms that handle merchant servicing best in 2026 — ranked — from daily ACH and split logic to balances, payoffs, and the transparency merchants increasingly expect. Featuring FundingTracker, MCA Track, Onyx IQ, LendSaaS, and Centrex.
Buying MCA software in 2026? These are the features that actually matter for US funders, brokers, and merchants — from daily ACH and split logic to balance and payoff tracking — plus how to tell real MCA software from a repackaged CRM.
Servicing is where MCA operations break — daily ACH, splits, syndicator payouts, and balance tracking. Here are the top MCA servicing tools for brokers and funders in 2026, and how FundingTracker fits for lean, modern shops.
A side-by-side look at the leading merchant cash advance platforms in 2026 — Centrex, Cloudsquare, LendSaaS, MCA Track, and Onyx IQ — and where FundingTracker's modern, AI-assisted approach fits for brokers, funders, and the merchants they serve.
Most MCA software is built for funders — not the business owners repaying the advances. Here's why merchants juggling one or several cash advances need a tracker of their own, and how FundingTracker shows every balance, daily debit, and payoff in one place.
The CFPB's revised Section 1071 rule formally exempts merchant cash advances from small business lending data reporting, but state-level action is accelerating—Connecticut is moving to ban prejudgment remedy waivers and New York's new FAIR Act gives regulators broader tools against abusive MCA practices.
New York's FAIR Business Practices Act is reshaping how merchant cash advance funders can collect debts, Texas's HB 700 disclosure regime is fully in force, Connecticut is moving to close a lender-favored loophole, and Yellowstone Capital's AG settlement checks are reaching small businesses.
The CFPB's May 2026 overhaul of small-business lending data rules carves out merchant cash advances entirely—just as tariff pressures funnel more desperate small businesses toward high-cost advances and New York, Connecticut, and federal enforcers tighten the screws on abusive practices.
The CFPB's revised Section 1071 rule, published May 1, officially locks merchant cash advances out of federal small business lending data requirements — while Illinois, New Jersey, and Connecticut push new state-level MCA protections in 2026.
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