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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.

RUG: Secured Transactions in Mexico

Secure Your Receivables in Mexico via the RUG Historically, Mexican companies have had difficulty securing financing from foreign banks, primarily due to concerns about the reliability of the laws governing secured transactions.

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Payment Bonds vs. Performance Bonds

Payment Bonds vs. Performance Bonds In this corner we have an $8.4 million bond, created & executed to protect you in the event the principal does...

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The Importance of Filing Your PMSI Timely

The Importance of Filing Your PMSI Timely: When is a Purchase Money Security Interest (PMSI) Perfected? A PMSI is considered fully perfected once you:

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Demand Letters and UCC Filings

Demand Letters and UCC Filings

What You Should Know about Demand Letters & UCC Filings The demand letter is often overlooked as a collection tool for UCC filers, but it can be a...

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Demand Letters and Mechanic’s Liens

What You Should Know about Demand Letters and Mechanic’s Liens A demand letter is a strongly worded request for payment, most often served upon your...

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Supplying Rental Equipment to a Construction Project

3 Things to Know if You’re Supplying Rental Equipment to a Construction Project Although great strides have been made within the last several years,...

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Two Questions to Ask Before Releasing a Mechanic’s Lien

Always ask yourself these two questions before you release a mechanic’s lien

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The Benefit of UCC Filings

The Benefits of Secured Transactions and Article 9 of the Uniform Commercial Code The subjectivity in evaluating credit worthiness magnifies the need...

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Problems with Preliminary Notices

Here Are 5 Mistakes Commonly Seen with Preliminary Notices Securing your mechanic’s lien and bond claim rights often begins with serving a...

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Top 5 Mistakes in Security Agreements

UCC Filings: Top 5 Mistakes in Security Agreements In an earlier post we discussed the art of drafting a perfect security agreement and today we’d...

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