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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

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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

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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

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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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