Equipment UCC Filings
Security in Equipment Financing
What do you do if your customer files bankruptcy or defaults on payment?
Article 9 of the UCC defines “equipment” as goods used or bought for primary use in business. In other words, goods your customer uses in the course of their business. The ability to take a secured interest in the equipment can help with credit decisions. This free webinar is an opportunity to learn how:
- PRIORITY in your equipment can be established
- LEASING AGREEMENTS allow you to take a priority interest in the equipment and secure other assets
- TO REDUCE risk
- TO SECURE receivables