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September 1, 2025

August 30, 2025

SBA mandates lenders debanking compliance

Jan 5, 2026 Submission Deadline of Comprehensive Report

August 26, 2025

August 29, 2025

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.

August 26, 2025

August 28, 2025

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.

August 28, 2025

Cantor Backs Knock's $900M Bridge Lending ABS

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

August 26, 2025

August 27, 2025

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".

August 26, 2025

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.

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August 26, 2025

Casca Gives Banks 10x Loan Origination Edge

90% Cost Cut, 3x higher conversion rates

August 26, 2025

August 25, 2025

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".

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