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Primary Types of Lien Waivers

Lien waivers are one of the most common documents in construction credit, unfortunately they're often misread and misunderstood. To put you on the path to selecting the right lien waiver, let's get back to basics! This infographic reviews the...

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NCS Credit Lien Index Q1 2024

The Q1 2024 Lien Index is 64 . This is a 6.7% increase over Q4 2023 and 1.6% increase over the same time last year. This is the highest the Index has...

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Healthcare Bankruptcies: A Financial Risk to Suppliers

In 2023, there were 1051 healthcare bankruptcy filings, which was a 135% increase over 2022. “Too big to fail” no longer applies to the...

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UCC Filings Reduce Financial Risk

Every time you extend credit to your customer, you assume some calculated risk, right? Because you know there are risks associated with extending...

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NCS Credit Lien Index Q4 2023

The Lien Index ended 2023 at 55. This is an approximate 5% decline in activity from Q3 2023 and a 4% increase in activity compared to Q4 2022. Even...

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NCS Credit Lien Index Q3 2023

The Lien Index decreased to 51 in Q3. The decrease comes on the heels of a revised rate of activity for Q2 2023, in which the Index increased from 47...

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NCS Credit Lien Index Q2 2023

The Lien Index decreased 16 points in Q2 2023 to 47. The significant decrease comes as the revised Q1 2023 Index skyrocketed to 63.

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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.

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UCCs Reduce Risk for Creditors in Foodservice Industry

If you're supplying goods, equipment, or services to the foodservice, beverage, or hospitality industries, you are faced with a unique set of credit...

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Contingent Payment Clauses

Pay-If-Paid and Pay-When-Paid are contingent payment clauses. But what's the difference between the two and are they enforceable? “A contingent...

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