Insights

Field notes on business debt, restructuring, and cash flow.

Practical, opinionated, non-sales-driven writing for business owners making hard financial decisions. Written by the Renaissance Capital Advisors consulting team.

The SBA closed the MCA refinancing door. What owners should actually do.

Analysis
As of June 1, 2025, SBA 7(a) loans can no longer be used to refinance merchant cash advances. What that change actually means for business owners with stacked MCAs — and which exit ramps remain on the table. Read analysis

The hidden cost of contingency-based debt firms

Analysis
Why the "no fee unless we save you money" model creates a built-in conflict of interest — and what to weigh instead before engaging any debt firm. Read analysis

How to evaluate an MCA stack before you negotiate

Framework
Five questions that turn a confusing pile of merchant cash advance contracts into a decision you can actually make — before you settle, refinance, or restructure. Read framework

SBA vs. alternative financing: a decision framework

Guide
When an SBA loan is the right call, when alternative financing fits better, and when neither is the answer. A four-question framework for owners weighing capital options. Read guide


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