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Did you know, there are different types of lien waivers? There are four primary types of lien waivers: partial conditional, final conditional, partial unconditional, and final unconditional. 

In most states you can use a general lien waiver template. But be careful, more than a dozen states have format requirements dictated by statute.

Article 9 of the Uniform Commercial Code provides an opportunity for trade creditors to secure goods and/or accounts receivable by leveraging the personal property assets of their customer. A properly perfected UCC Financing Statement grants the creditor a security interest, reducing the risk associated with extending credit. Download this paper to learn more about the scope of Article 9, including conveying a security interest and perfection, security interest priorities, defaults, and remedies.

We recently asked our clients whether the COVID-19 pandemic is impacting their credit-granting processes. Over 76% of survey participants reported they have increased collection efforts and 62% are monitoring their customers for bankruptcy. Has your credit granting process become more stringent?

Download this quick read to get your lien waiver questions answered! Questions include what information should appear within a lien waiver, whether a conditional lien waiver can actually be an unconditional lien waiver, and if a lien waiver waives your right to cause of action for lost profits or disputed change orders.

LienFinder™ is an online database that captures construction project data nationwide, from hundreds of recording offices daily. Locate essential project information and avoid potential payment risks, through the review of nationally recorded Mechanic’s Lien activity. With LienFinder™ you can obtain or confirm project information, locate party information for the ladder of supply, uncover potential payment risks on current & future projects, and monitor future lien activity on projects and parties.

The food, beverage, and restaurant industries have been devastated by the pandemic. Risk isn't limited to the pandemic. These industries are historically the riskiest industries for creditors, because the failure rate is incredibly high. Are you a secured creditor?

Personal Guarantees are common in credit. However, Personal Guarantees may not be enough. Download this reference to learn more about how UCC filings can enhance Personal Guarantees.

What do you call the collective group of parties on a construction project? (Sounds like the start of a fun dad-joke!) We often refer to the collective parties as the contractual chain or the ladder of supply.

Through this infographic, you'll learn: who is in the contractual chain, what is privity of contract, and who's covered by mechanic's lien and bond claim rights.

Do you know there are 19 states that require a preliminary notice be served to protect bond claim or public improvement lien rights? A common misconception is that preliminary notices are only required for private projects (securing mechanic's lien rights), but that's just not true. Download this resource to learn more about which states require preliminary notices for public projects.