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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 (11)

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...

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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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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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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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Protect Your Consignment Sales

Protect Your Consignment Sales with UCC Filings If you allow customers to have possession of goods under a “consignment” agreement prior to the...

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Accurately Indexed UCC Filing

Accurately Indexed UCC Filing: Conduct a Reflective Search After Every UCC Filing Obtaining a reflective search is the best practice to make sure the...

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What is Subordination?

Avoiding Potential Pitfalls When Entering into a Subordination Agreement What is Subordination? Subordination is “the process by which a creditor...

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Debtor Name Errors in UCC Filings

The Impact of Debtor Name Errors in UCC Financing Statements Perfection of a security interest involves drafting and executing a sound security...

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Crafting a Perfect Security Agreement for Your UCC Filing

The Art of Drafting an Impeccable Security Agreement for Your UCC Filing Today we take a field trip to the Museum of Art and examine “Starry Night”...

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