NCS Credit Lien Index Q1 2023
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.
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.
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?
NCS Credit Lien Index 2022 Q4
The Lien Index increased 3 points in Q4 2022 to 47, a 7% increase over Q3 2022 and 34% increase year over year.
NCS Credit Lien Index 2022 Q3
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.
NCS Lien Index 2022 Q2
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.
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. Learn more about the UCC-3 and its role in your security interest.
NCS Lien Index 2022 Q1
The Lien Index's rate of increase slowed from an adjusted +22% in Q4 2021 to +13% in Q1 2022.
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.