What is the Contractual Chain and Who's Involved?
Who is in the contractual chain? What is privity of contract? Who's covered by mechanic's lien and bond claim rights? Get answers here!
Public Projects & Preliminary Notices: Preliminary Notices Aren't Just for Private Projects
Do you know there are 19 states that require a preliminary notice be served to protect bond claim or public improvement lien rights?
NCS Extra Credit: Personal Guarantees vs UCC Filings
In this NCS Extra Credit installment, Jerry Bailey (Executive Sales & Education Services Manager) compares personal guarantees and UCC filings.
Mechanic's Lien Rights on Residential Construction Projects
In this NCS Extra Credit installment, Marla Zurlo (Senior Account Representative) reviews mechanic's lien rights on residential projects.
A Properly Perfected PMSI & the Importance of a Timely UCC Filing
When the required steps are met, a Purchase Money Security Interest (PMSI) can give a creditor a first or priority security interest in the goods, even if other secured parties hold prior perfected security interests in the same collateral.
Download this infographic and learn what should be included in your PMSI filing, when it should be filed, and how to protect yourself from the bankruptcy preference period.
Can a Properly Perfected UCC Give You the Right of Repossession?
In this NCS Extra Credit installment, Diane Toth (UCC Specialist) answers “Can a properly perfected UCC really give me the right to repossess?”
Types of Bonds in Construction Credit: a Bond Breakdown
The construction credit world is full of industry-specific terms and definitions; sometimes it’s hard to keep them all straight. “Bond” is one of those terms.
In this infographic, we'll discuss the various types of bonds that are common in construction credit and provide some best practices to ensure you are a secured creditor.
Learn More about the Assignment of Mechanic’s Lien and Bond Claim Rights
In this NCS Extra Credit installment, Jenna Burnett (Notice & Mechanic's Lien Specialist) discusses assigning mechanic's lien and bond claim rights.
Top 5 Reasons You Should File UCCs
Are reducing your DSO, mitigating risk and improving working capital not enough reasons to file UCCs? Good thing we have 5 more reasons! Including, how UCCs can help increase your sales and how you can end your fiscal year with fewer write-offs.