UCC Filings Reduce Risk for Creditors in Foodservice, Beverage, and Hospitality Industries
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. The most common challenge? The high rate of company failure.
Contingent Payment Clauses: Are Pay-If-Paid and Pay-When-Paid Clauses Enforceable In Your State?
Pay-If-Paid and Pay-When-Paid are contingent payment clauses. But what's the difference between the two and are they enforceable?
What Is a UCC-3 and Why Would You File One?
A UCC-3 can wear many hats. It can be used to continue, amend, or terminate your UCC filing. It can also be used to assign your interest to another secured party.
Check out this infographic to learn more about the UCC-3 and the role it plays in your security interest.
17 Common Words in Mechanic's Liens and Construction Credit
Every business has its own keywords, phrases, and acronyms. Here are some of the most common terms you may hear in mechanic's liens & construction credit.
Texas Mechanic’s Lien Statute Changes 2022
Here's a look at the Texas statutory changes effective for general contracts executed on or after January 1, 2022.
Furnishing Dates and Your Mechanic's Lien Rights
Notice, mechanic's lien/bond claim, and suit deadlines are frequently calculated from your first furnishing date, last furnishing date, and/or the date of entire project completion.
Are you serving preliminary notices, filing mechanic's liens, and serving bond claims? Make sure you know your furnishing dates!
Is the Project Private, Public or Federal?
In this NCS Extra Credit installment, Nadia Grabowski (Notice & Lien Specialist) discusses the importance of identifying the correct project type.
Payment Bonds and Bond Claims in Construction
Payment bonds / bond claims are a payment security often available for those furnishing to public and federal construction projects, and even the occasional private project.
In this infographic, you will learn who is a party to the payment bond, who is protected by the payment bond, how to know whether a payment bond has been issued, and when and how a bond claim should be served.
Podcast -- "Adapting to the Pandemic"
In this NCS Extra Credit Podcast premier, Don Provident (NCS Marketing Manager) and Amy Poje (Director of Operations) discuss how NCS has adapted to best serve clients during the pandemic.