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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.

UCC Financing Statements

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...

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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...

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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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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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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...

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Business Bankruptcies Are Rising; Time to Protect Your A/R

The Bankruptcy Wave Isn’t Coming… It’s Already Here. According to Epiq AACER and the American Bankruptcy Institute, commercial Chapter 11 filings in...

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UCC Filing Myths

The 6 Myths of UCC Filings: Big Foot, a Unicorn, and a UCC Financing Statement No, wait – not the right joke. Let’s try again. Big Foot, Unicorns &...

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Reduce the Need for Collections with UCC Filings

Filing UCCs Will Reduce the Need to Place Accounts for Collections Did you know UCC filings reduce collection needs? It’s true. How? Well, Article 9...

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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...

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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...

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