UCC Filings in the Foodservice Industry
The foodservice industry is on track to lose $240 billion in sales by the end of 2020. As a creditor supplying goods, equipment, or services to the...
Every time you extend credit to your customer, you assume some calculated risk, right? Because you know there are risks associated with extending credit to a customer, and as a diligent credit professional, you take steps to mitigate that risk. You scrutinize their credit application. You carefully analyze and review credit history, the amount of outstanding debt, payment behaviors and you contact credit references. To limit exposure, you negotiate lower credit lines, pay for credit insurance, or require cash in advance, but there’s a popular, simple, low-cost protection you may have overlooked: UCC filings. In this resource, we discuss:
What is a UCC filing and who should file UCCs
Top UCC filings myths debunked
UCC filings vs. credit insurance
Competitive advantage of UCC filings
Download today to learn more!
The foodservice industry is on track to lose $240 billion in sales by the end of 2020. As a creditor supplying goods, equipment, or services to the...
Extending credit is inherently risky, which is why credit professionals take appropriate steps to qualify customers. Credit professionals should not...
UCC filings are an excellent legal tool! Credit professionals rely on UCC filings to ensure they are in the best possible position to get paid....