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NCS COVID-19 State and County Updates
March 30, 2020
A personal guarantee (PG) is an individual’s legal promise to repay credit issued to a business for which they serve as a representative. Then, in the event the business is unable to …
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March 19, 2020
If you extend credit, you are vulnerable to risk — whether furnishing to a single construction project or selling on revolving terms. This vulnerability grows exponentially in the midst of …
March 16, 2020
A perfected security interest is nothing without a collateral description. A properly perfected security interest requires compliance with Article 9, which includes a Security Agreement and the subsequent filing of …
Starts Apr 14, 2020 | 01:00 PM
Lien Waivers generate a “check & balance” system for project payments in exchange for work or material provided. Does your company have a solid understanding of the basics of lien …
Starts Apr 28, 2020 | 01:00 PM
The UCC process is a cost-effective solution for securing your inventory, equipment, and receivables, especially important in today’s fragile economy. With a UCC filing you can become a secured creditor, …
Starts May 12, 2020 | 01:00 PM
Do you realize the importance of obtaining job information as it relates to the protection of your lien and bond claim rights?
“NCS identified the account as inactive with the state. Subsequent conference calls with the CFO of our customer found that the customer was ‘very close to running out of cash …
“We were getting a $300,000 order ready for a project and I ran a quick search in LienFinder on my customer and the GC. Nothing came back in the search …
“I didn’t know anything about mechanic’s liens. We’d be in the difficult situation of not being paid and someone would ask ‘can we file a mechanic’s lien?’ and realize we …
Do you know there are 19 states that require a preliminary notice be served to protect bond claim or public improvement lien rights? A common misconception is that preliminary notices …
Download this flipbook to learn more about the financial risks suppliers face when bankruptcies hit the healthcare industry and what you should do to protect your company.
In this article, we will review the vital role of job information in protecting your mechanic’s lien and bond claim rights, including necessary pieces of job information, providing best practices …
A new study has found that slow payments are costing general contractors and subcontractors $64 billion a year. Check out this infographic to learn more!
Don’t let your PMSI go unperfected! Check out this infographic to learn more.
The construction credit world is full of industry-specific terms and definitions; sometimes it’s tough to keep them straight. “Bond” is one of those terms. Check out this blog post for …
In this NCS Extra Credit installment, Jerry Bailey (Executive Sales & Education Services Manager) compares personal guarantees and UCC filings.
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In this NCS Extra Credit installment, Heather McLaughlin (Notice & Mechanic’s Lien Specialist) explains 1st furnishing, last furnishing and completion.
In this NCS Extra Credit installment, Marla Zurlo (Senior Account Representative) reviews mechanic’s lien rights on residential projects.
Education Center
