Article 9 of the Uniform Commercial Code provides an opportunity for trade creditors to secure accounts receivable, inventory and equipment by leveraging the personal property assets of their customer.
A properly perfected UCC Financing Statement grants the creditor a security interest, reducing the risk associated with extending credit.
Download this paper to learn more about the scope of Article 9, including conveying a security interest and perfection, security interest priorities, defaults, and remedies.
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