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The Lien Index decreased to 51 in Q3. The decrease comes on the heels of a revised rate of activity for Q2 2023, in which the Index increased from 47 to 54.
The Lien Index decreased 16 points in Q2 2023 to 47. The significant decrease comes as the revised Q1 2023 Index skyrocketed to 63.
The Lien Index decreased 4 points in Q1 2023 to 49, an 8% decrease from revised Q4 2022 and a 20% increase year over year.
If you're supplying goods, equipment, or services to the foodservice, beverage, or hospitality industries, you are faced with a unique set of credit challenges.
Pay-If-Paid and Pay-When-Paid are contingent payment clauses. But what's the difference between the two and are they enforceable?
The Lien Index increased 3 points in Q4 2022 to 47, a 7% increase over Q3 2022 and 34% increase year over year.
The Lien Index increased 4 points in Q3 2022, an 11% climb over Q2 2022. As expected, Q3 mechanic's lien activity rose 11% over Q2, and activity remained lower than Q1, which peaked at 43.
The Lien Index decreased 8 points in Q2 2022, a 19% drop over Q1 2022. Despite the significant drop in mechanic's lien filings in Q2, the overall activity level is average for this time of year.
A UCC-3 can wear many hats. It can be used to continue, amend, or terminate your UCC filing. Learn more about the UCC-3 and its role in your security interest.