Finance & Legal

analyze alternative lender disclosure obligations under ny dfl 23-a (23 nycrr part 600), ca sb 1235 / sb 33 / 10 c.c.r. §900 et seq., va hb 1027, ut hb 376, ga hb 1209, ct pa 22-26, and forthcoming cfpb §1071 data-reporting overlay. computes apr-equivalent disclosures for mca, factoring, rbf, and commercial installment loans. for fractional cfos, smb attorneys, and alternative lenders who need multi-state disclosure compliance matrices.

analyze sba eidl 2020-2024 collateral securitization mechanics — ucc-1 blanket lien on business assets, real property mortgage for loans >$25k, personal guarantee thresholds, sba collection process post-default, treasury offset and wage-garnishment exposure, and the viable administrative/legal defenses available to eidl borrowers facing collection. distinct from the existing eidl fraud-defense skill (which covers criminal fraud exposure) — this skill focuses on civil collection defense, collateral securitization, and workout strategy.

apply ucc §1-203 economic-realities test to determine whether an equipment transaction is a true lease or a disguised security agreement (loan). analyze bargain-purchase-option bright-lines, economic-life test, full-payout test, and the four automatic bright-line indicators that make a transaction a security agreement per se. for smb owners, cfos, equipment vendors, and attorneys structuring or contesting equipment financing.

analyze notification vs non-notification (recourse vs non-recourse) factoring structures under ucc article 9, determine true-sale vs loan recharacterization risk, map account-debtor rights and defenses under §9-404/405/406, and structure notice-of-assignment mechanics. distinct from the existing factor-agreement skill (which covers ucc §9 basics and auto-perfection) — this skill goes deeper on notification mechanics, waiver-of-defense clauses, and true-sale bankruptcy analysis.