Do you sell on consignment? If you allow customers to have possession of goods under a “consignment” agreement prior to the actual sale, you are at risk of losing your rights in the goods. To protect your interest, you must have perfected a security...
Read More
A Joint Check Agreement is an agreement between multiple parties, allowing one party to make payment through a check issued to two or more payees....
A UCC filing can do more than protect your inventory, equipment, and receivables. Properly perfected UCCs can reduce your risk and give you the...
Extending credit is inherently risky, which is why credit professionals take appropriate steps to qualify customers. Credit professionals should not...
Demand letters can expedite payment, allow you to maintain control of your collection process and save you money. A demand letter is a strongly...
The U.S.’s Article 9 of the Uniform Commercial Code (UCC) and Canada’s Personal Property Security Act (PPSA) are sets of law that govern commercial...
In this NCS Extra Credit installment, Jennifer Mach (NCS Customer Relations Specialist) and Jerry Bailey (Executive Sales and Education Services...
There are primarily two types of secured transactions under Article 9 of the Uniform Commercial Code: Blanket Filing and Purchase Money Security...
Collecting a past due receivable can be difficult, but if your collector has the necessary documentation, debt recovery becomes easier. Providing the...
Demand letters can expedite payment, allow you to maintain control of your collection process and save you money. A demand letter is a strongly...
