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The construction credit world is full of industry-specific terms and definitions; sometimes it’s tough to keep them straight. “Bond” is one of those terms. Check out this blog post for …
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Are reducing your DSO, mitigating risk and improving working capital not enough reasons to file UCCs? Well, here are 5 more reasons why UCCs are the way to go! You …
When it comes to the Security Agreement, compliance with Article 9 of the Uniform Commercial Code is a must. Be accurate and don’t fall victim to these rookie Security Agreement mistakes. …
Did you know, failure to obtain and save copies of Proofs of Delivery and Bills of Lading can jeopardize your mechanic’s lien or bond claim rights? Check out this infographic to learn …
Don’t get puzzled by the Assignment of Lien & Bond Claim Rights. Mechanic’s lien and bond claims may be assigned from one party another. However, whether assignment rights are available …
A properly perfected security interest, in compliance with UCC Article 9, has priority over 503(b)(9) claims & consignment agreements. If you attended The Credit Research Foundation’s Fall Forum, the Bankruptcy Judge Panel …
For creditors, Bailment & Consignment transactions get a little fuzzy. Scroll on to learn what makes a Bailment different from a Consignment. #Article9 #UCC #Consignment #Bailment
A Notice of Intent to Lien is a statutory notice, required in many states, to be served prior to filing the mechanic’s lien. Check out this infographic to learn more! …
LienFinder™: innovation and business intelligence like you have never seen! Gather project information and evaluate the creditworthiness of your customer and parties within the ladder of supply, with access to …
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 …
Whether you are a secured or unsecured creditor, slow-paying and non-paying customers are frustrating! If you enjoyed today’s infographic, you may also enjoy What Should You Ask Your Customer …
If you furnish to residential projects, this infographic is a must!
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