Don't Make these 6 Security Agreement Mistakes

The subjectivity in evaluating credit worthiness magnifies the need for credit tools. Article 9 of the Uniform Commercial Code provides an opportunity for trade creditors to collateralize or “secure” their goods and/or accounts receivable, by leveraging the personal property assets of their customer.

A UCC filing is only perfected if it is indeed perfect – so don’t make these common mistakes!

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