Consignment Agreements vs. Retail Bankruptcy: UCC Advantages
Are Your Consigned Goods Protected in a Retail Bankruptcy? Picture this: a retail partner you have supplied to for years files for Chapter 11. You...
UCC Financing Statements
March Madness Matchup: Credit Management Tools Ranked
March is for brackets. So this year, we decided credit strategy deserved one too.
How to Secure Credit with UCCs as Default Rates Rise
What's Happening with Rising Business Defaults If you extend credit to other businesses, the economic landscape right now is worth paying attention...
Know Your Customer. Protect Your Cash Flow in Any Economy
Why February Is the Right Time to Strengthen Credit Relationships In today’s economic climate, knowing your customer is not optional. Rising...
What Is a UCC Termination and How to Avoid Costly Errors
Businesses rely on UCC filings to protect their security interests. When the debt is satisfied or the business relationship ends, a UCC Termination...
Understanding UCC Filings: Top Questions Answered
When it comes to protecting your company’s receivables, UCC filings are one of the most effective tools available. Whether you’re supplying...
UCC Filings: Common Forms & Types
What Are Common Forms Used in Secured Transactions? Understanding which UCC forms to use and how they work helps ensure your security interest is...
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...
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...
Purchase Money Security Interest and Super-Priority
The Value of UCCs: Beyond Basic Protection Let’s say you supply $250,000 worth of goods to your customer. If your customer defaults or files for...