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Impact of COVID19 on Credit-Granting Process

Impact of COVID19 on Credit-Granting Process
We recently asked our clients whether the COVID-19 pandemic is impacting their credit-granting processes. Over 76% of survey participants reported they have increased collection efforts and 62% are monitoring their customers for bankruptcy. Has your credit granting process become more stringent?
EC: UCCs Have Priority Over 503(b)(9) Claims

EC: UCCs Have Priority Over 503(b)(9) Claims

In this NCS Extra Credit installment, Nikki Nevar (UCC Specialist) explains why a UCC has priority over 503(b)(9) claims. {% module_block module...

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Lien on Funds, Stop Notice, and Public Improvement Lien

Lien on Funds, Stop Notice, and Public Improvement Lien

In some states, there are additional recovery remedies aside from mechanic's liens and bond claims. If you are furnishing to a construction project,...

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Understanding the Notice of Intent to Lien

Understanding the Notice of Intent to Lien

The first step in securing mechanic’s lien or bond claim rights is often the service of a statutory notice. The statutory notice, depending on the...

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