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NCS Credit Blog

Stay up to date with the latest articles on Collections, Notice & Mechanic's Liens, UCC Filings, and Industry Trends for your business.

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Preliminary Notices: What Are They?

Preliminary Notice Basics A preliminary notice is often the first step in preserving your right to secure payment through a mechanic’s lien (for private projects) or a bond claim (for public projects). In many states, serving a timely and properly...

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Commercial Collections: What They Are & How They Work

Commercial debt recovery, also called commercial collections or B2B collections, is the process of recovering unpaid invoices or debts owed by other...

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Lien Waivers: What They Are Used for & How

What Is a Lien Waiver A lien waiver is a legal document signed by a contractor, subcontractor, supplier, or other party on a construction project to...

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What Is a Bond Claim?

Bond Claim Basics A bond claim is a written notice to the surety that the claimant (such as a subcontractor or material supplier) is looking to them...

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What Is a UCC Filing?

What Is Article 9 of the Uniform Commercial Code (UCC)? The Uniform Commercial Code is a set of standardized laws that govern commercial transactions...

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Lien Index Q3 2025

Lien Index Q3 2025

Lien Index Falls 10 Points (16%) to 51 from Revised Q2 Score of 61, Signaling Shifts in Market Activity NCS Credit's Lien Index is derived from...

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Texas Preliminary Notices Are for Non-Payment

Understanding Texas Notice Cycles for Lien and Bond Rights That’s an odd title, right? “Texas Preliminary Notices Are for Non-Payment.” It may sound...

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Lien Index Q2 2025

Lien Index down 2 points to 58 from revised Q1 score of 60. The Lien Index ended Q2 2025 at 58; an approximate 3% decline in activity from Q1 2025.

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The Difference Between Consignment and Bailment

Are Consignment and Bailment the Same? Is Consignment a Form of Bailment? Consignment and bailment may seem similar, but they’re not the same. Both...

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Suppli Partners with NCS Credit

Suppli Partners with NCS Credit to Integrate NCS Credit’s LienFinder™ into Suppli’s Product Suite Austin, Texas — June 18, 2025 — Suppli, the leading...

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