The Specialty Finance industry is a sector of the financial services industry that provides financing solutions to businesses and individuals who may not qualify for traditional bank financing. Specialty finance companies provide a variety of services, including asset-based lending, factoring, equipment leasing, and merchant cash advances. These companies typically focus on providing financing to small and medium-sized businesses, as well as individuals with less-than-perfect credit. Specialty finance companies often provide more flexible terms and faster turnaround times than traditional banks, making them an attractive option for businesses and individuals who need quick access to capital.