The Kichler Lighting Story: UCC Benefits

Several years ago, the previous Director of Corporate Credit at Kichler attended an NCS seminar that covered the benefits of UCC Article 9.

“He went into the seminar wanting to discover a tool that would protect us if a customer defaults or files bankruptcy. When he learned UCCs provide an opportunity to repossess inventory when a customer defaults, he wanted to learn more! He realized we may even be able to sell more as a result of this secured position,” – Michael Welday, Director of Corporate Credit at Kichler Lighting.

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