Cobalt Intelligence Secretary of State API

Cobalt Intelligence can automate thousands of Secretary of State lookups

Countless hours manually performing Secretary of State lookups is a pain. It's a tedious and costly process that eats up valuable time. Not anymore!

Secretary of State API

Alternative Financing

Shela Heramis

February 12, 2026

March 4, 2026

8 Minutes Read

Colony Ridge Pays $68M: The DOJ Enforcement Path Most Lenders Aren't Watching

DOJ Civil Rights Division secured $68M from Colony Ridge for predatory lending. ECOA enforcement applies to any credit extender, including non-bank lenders and MCA funders.

Alternative Financing

Shela Heramis

February 12, 2026

March 3, 2026

7 Minutes Read

The Non-Bank Lending Boom Is Starting to Crack: What Alternative Lenders Need to Watch

Private credit CRE foreclosures surged 82% and defaults hit 7.4%. The BDCs absorbing these losses provide warehouse lines to alternative lenders, creating cross-vertical contagion risk.

Business Verification

Shela Heramis

January 27, 2026

March 2, 2026

11 Minutes Read

Alaska Business Entity Verification for Alternative Lenders

Alaska presents unique verification challenges for alternative lenders, with 12 distinct entity statuses and terminology that differs from the lower 48 states. The state's 'Good Standing' requirement and 'Non-Compliant' status create decision points that require clear underwriting rules. This guide maps Alaska's entity statuses to lending decisions and shows how to automate verification for this geographically remote but economically active market.

News

Shela Heramis

March 2, 2026

February 27, 2026

17 Minutes Read

Marathon's Richards: 10x Software Leverage Will Break

$12.7B BDC maturity wall in 2026: The capital supply chain threat most lenders are ignoring

Business Verification

Shela Heramis

January 27, 2026

February 27, 2026

10 Minutes Read

Arizona Business Entity Verification for Alternative Lenders

Arizona returns one of the simplest entity status sets of any state: just Active or Inactive. While this simplifies decisioning logic, it also means lenders receive less context about why a business may be inactive. With over 600,000 registered business entities and a growing small business lending market centered in Phoenix, Maricopa County, and Tucson, Arizona verification requires strategies that account for limited status granularity.

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