3 min read
Lien Index Q4 2024
NCS Credit’s Lien Index Ends Q4 2024 at 57, Down 7% from Q3 Slow payments continue to plague the industry, as the Lien Index ended 2024 at 57. Upside: lien activity did slow in Q4, with 4 point drop from Q3.
Read More
3 min read
Preliminary Notices 101: A Beginner’s Guide
A Beginner’s Guide to the Preliminary Notice Generally, the first step in the mechanicʼs lien process is to serve preliminary notices to various...
4 min read
Navigating Credit Trends in 2025
Navigating Credit Trends in 2025: Embracing Technologies and Economic Shifts Happy New Year! With a new year comes new opportunities and, of course,...
2 min read
Past-Due Accounts: Collection Agencies vs. Write-Offs
Consider Trying a Collection Agency Offering Contingent Services Today’s 3-in-3 features NCS Credit Attorney, Michelle Gerred. Read on to learn more...
1 min read
How to Spot and Avoid a Common UCC Filing Scam
Beware of Fraudulent Solicitations and UCC Filing Scams Filing UCCs is one of the most common trade credit practices and, rest assured, it is...
4 min read
Rental Equipment in Pennsylvania: The UCC Filing Advantage
No Mechanic’s Lien Rights for Rental Equipment in Pennsylvania Originally published in the Credit Research Foundation’s publication, Perspective by...
3 min read
Changes to Florida’s Lien and Bond Claim Laws
As of 10/01/2023, Changes Are in Effect for Florida’s Mechanic’s Lien and Bond Claim Laws After several amendments and readings, Florida passed House...
2 min read
Help Your Customer Understand UCC Filings
A Letter to Help Your Customer Understand UCC Filings & What It Means for Their Business Implementing UCC filings in your credit-granting process...
2 min read
Comparing USA’s UCC & Canada’s PPSA
The Similarities and Differences of the U.S.’s UCC and Canada’s PPSA The U.S.’s Article 9 of the Uniform Commercial Code (UCC) and Canada’s Personal...
4 min read
Serve the Preliminary Notice Upon the Construction Lender
In Some States, You Should Serve the Lender with the Preliminary Notice to Protect Your Mechanic’s Lien and Bond Claim Rights The infamous first step...