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Standby Letter of Credit

kalford Jan 15, 2018 12:00:00 AM

Standby Letter of Credit
A Standby Letter of Credit is a written guarantee, issued by a bank, to pay on behalf of their customer in the event their customer does not pay. Review this infographic to learn more about Standby Letters of Credit and the role they may play in your business.
UCCs and Consignment

UCCs and Consignment

May 17, 2017 12:00:00 AM

If you allow allow customers to possess goods under a “consignment” agreement prior to the actual sale, you are at risk of losing your rights in the...

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Consignment or Bailment?

Consignment or Bailment?

Aug 20, 2018 12:00:00 AM

For creditors, Consignment and Bailment transactions get a little fuzzy. In this infographic we'll compare Consignment and Bailment and offer some...

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Secured Creditor Proof of Claim

Secured Creditor Proof of Claim

Feb 18, 2016 12:00:00 AM

Unfortunately, your customer has filed for bankruptcy. Fortunately, you are a secured creditor! Now, you need to complete your bankruptcy Proof of...

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