News & press

What’s moving in MCA

Our own analysis of what bank statements reveal, alongside the disclosure laws, court rulings, enforcement actions, and market moves that change how deals are priced, papered, and underwritten. Summaries of outside reporting are ours; the reporting belongs to its sources.

From MetrikData

Analysis

What we learn from reading statements all day — written for the people who read them too.

ProductSep 2026

Now reading UK bank statements, in pounds

Upload a statement from any UK bank and get the same underwriting report a US file gets — built for a British statement: its date order, its payment rails, its card acquirers, HMRC, and the word it uses for a bounced payment.

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AnalysisSep 2026

Correcting the machine

A tag is not a label on a row, it is an input to a dozen figures. So a correction re-derives the whole analysis — deterministically, free, and without letting anything about the document change on the way through.

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AnalysisSep 2026

When the statement is a photograph

A PDF from the bank carries its characters; a scan carries a picture of them. What changes when a file has to be recognised rather than read — and why the defence is the statement’s own answer key, not better recognition.

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AnalysisSep 2026

What a risk score is allowed to say

Six factors, their weights, and the rule that matters more than any of them: a thing nobody could observe must never score as a perfect zero.

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AnalysisSep 2026

The same payment, twice

Two identical lines on a statement are usually two payments. Sometimes they are one payment printed twice. Getting that wrong moves the numbers in either direction, which is why the rule has to be evidence and not tidiness.

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AnalysisSep 2026

How much room is left, and who decides

The headroom figure is one line of arithmetic resting on one convention. What it assumes, the four things it cannot know, and why it is never allowed to vote in the risk score.

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AnalysisSep 2026

Who actually pays this business

Revenue concentration turns a customer’s payment habits into your collection risk. Three ways the number goes wrong before anyone reads it — counting the channel, splitting one payer in three, and dividing by the wrong population.

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AnalysisSep 2026

What a second statement is actually for

More months is not more data, it is a different question: when did this change. What a trend can show that one month cannot, the arithmetic of statements that ignore calendar months, and the alarm we refuse to raise.

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AnalysisSep 2026

How a doctored statement gives itself away

The file you are reading was produced by the party it describes. Two layers of evidence defend each other — what the document says about itself, and what the numbers have to add up to — and the second one survives a re-print.

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AnalysisSep 2026

Three kinds of bad day

A bounced payment, a day that closed below zero and a day that closed thin are three different measurements of three different problems. Underwriting them as one number loses the part that predicts anything.

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AnalysisSep 2026

What counts as a position

A stacking number is only as good as the rule behind it. The evidence that makes a stream of debits a funder, the order of authority that types it, and the third answer that is neither yes nor no.

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AnalysisSep 2026

A return is not revenue

Burden is payments over revenue, so the denominator decides the deal. Every dollar that lands in the account without being earned moves the answer in the approving direction — and a bounced payment moves it twice.

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AnalysisSep 2026

One statement, two countries

A British statement is not an American one with a different currency symbol. 05/09 is not a date until you know the country — and reading it wrong deletes revenue while every check still passes.

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AnalysisSep 2026

What a good underwriting report refuses to tell you

A report is judged on the numbers it prints. It should also be judged on the ones it withholds — four places we leave a figure blank on purpose, and why a blank beats a plausible number.

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AnalysisSep 2026

Split funding and the holdback the statement never shows

When a funder is repaid out of card settlement, the money it keeps is never a debit on the account. The arithmetic still puts a size on it — which is why we publish a range instead of pretending to a number.

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Industry

What’s moving elsewhere

LegalJul 2026

Bankruptcy court recharacterizes a book of MCA agreements as loans

In re Kossoff PLLC: a trustee’s action over nineteen advances to a since-collapsed New York law firm turned on whether the agreements were true purchases of receivables. The Southern District of New York read the economics rather than the labels — reconciliation that never functioned, no real exposure to the merchant’s performance — and treated the advances as loans, opening roughly $8.7m of repayments to clawback.

Troutman Pepper Locke →
EnforcementJun 2026

New York targets a private arbitration forum used in MCA collections

The state alleges that a funding group effectively controlled the forum deciding disputes against its own merchants — a structure that produced fast, near-automatic awards and then judgments. Where collections run through an arbitration clause, the neutrality of the forum is now part of the file.

New York Attorney General →
RegulationMay 2026

Small-business lending data rule finalized, with sales-based financing left out

The federal rule requiring lenders to collect and report application data for small-business credit was finalized in narrowed form, and merchant cash advances sit outside its coverage. Sales-based financing therefore stays governed by the state disclosure patchwork rather than a single federal reporting standard.

Consumer Financial Protection Bureau →
RegulationFeb 2026

New York extends consumer-protection standards to business dealings

Amendments to the state’s deceptive-practices law reach beyond consumers to conduct affecting businesses, and add unfair and abusive conduct to the existing deceptive standard. Marketing, servicing, and collection practices in commercial financing now face a broader test in New York.

New York State →
RegulationJun 2026

Texas brings sales-based financing under Chapter 398

HB 700 created a new Finance Code chapter covering commercial sales-based financing - registration for providers, disclosure requirements, and a list of prohibited practices. Texas joins the growing group of states regulating MCA offers directly.

Credible Law →
RegulationApr 2026

Disclosure laws now shape offers in over a dozen states

With APR-equivalent disclosure rules in effect across a patchwork of states - California and New York first, more following - funders increasingly present standardized cost metrics alongside factor rates, changing how offers compare on paper.

Firstcard →
LegalFeb 2026

Tenth Circuit narrows usury preemption in Weiser

The ruling lets opt-out states apply their own interest-rate caps to out-of-state chartered lenders - sharpening recharacterization arguments in MCA disputes and raising the stakes on how agreements are structured and serviced.

Credible Law →
LegalJan 2026

Stacking sits at the center of 2026 MCA case flow

A litigation trends review of public filings points to stacked positions - merchants juggling multiple daily-debit advances - as a recurring fact pattern in disputes, alongside UCC liens, account restraints, and judgment enforcement.

EIN Presswire →
MarketDec 2025

Parafin partners with NMI to embed capital for one million merchants

The embedded-finance push continues: Parafin will offer flexible capital through NMI’s reseller network, putting revenue-based financing in front of over a million US merchants inside the payment stack they already use.

Coherent Market Insights →
Market2026

US MCA volume projected to top $19B in 2026

Industry estimates put annual US origination volume above $19 billion this year, growing 8-10% annually - with approval rates far above bank term loans and embedded platforms taking a growing share of the market.

Crestmont Capital →

Curated by MetrikData. Educational summaries only — not legal or financial advice.

Press

Writing about MCA underwriting?

MetrikData is bank-statement analysis software for merchant cash advance underwriting — positions detected and typed by payment cadence, burden measured against financing-excluded revenue, every figure traceable to transaction rows. For press inquiries, product screenshots, or industry data questions, write to support@metrikdata.com — MetrikData Team.

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