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If you’re running a modern lending shop built on speed, automation, and minimized exposure, here’s what you need to know about what “Inactive” really means for your funding pipeline.
For alternative business lenders, this status signals that the entity is no longer operational, but its business name is being held by the state for a statutory period—making it unavailable for new use or registration.
Fixing an "Inactive" business entity status—meaning reinstating the entity to "Active" and "Good Standing"—often takes only a few minutes to a few business days if done online, once all required documents and fees are submitted.
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
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