One of our customers just went out of business and owed us $58,000+. We were able to recover $40,000 of it because we had the UCC as security and as a negotiating tool. From what I’ve heard, the unsecured creditors were left with pennies on the dollar or nothing at all.

We are now going on 19 years with NCS Credit services and the business partnership we share is considered a treasured tool in our credit arsenal. Over the years NCS Services has undoubtedly helped our company to have very low write-­offs. If not for NCS services, we would be looking at an 8K bad debt write-­off.

Dale Tennis, Credit Manager Nora Systems, Inc.

We were notified that a customer was selling a location which at the time had an AR in the mid-six figures, all of which was past due…The sale took place and our Credit Manager was contacted by the attorney who had the check in hand for the full amount. Had we not had the UCC filing in place we would not have received this payment and very likely, only cents on the dollar.

This success paid for the cost of filing previous UCC’s and future UCC filings for years to come. This was definitely a win when looking at the cost benefit/ROI for securing our receivables with the UCC process and utilizing the services of NCS.

Michael Wisner, Region Credit Manager US Foods