Filing UCCs can reduce your credit risk. A properly perfected UCC protects your company's inventory, equipment, and receivables.
Article 9 of the Uniform Commercial Code (UCC) provides trade creditors with an opportunity to secure their A/R, inventory or equipment by using the personal property assets of their customer as collateral.
A properly perfected UCC filing protects you in the event your customer defaults or files for bankruptcy.
Watch this webinar to learn how UCC filings can:
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If you’ve filed a valid UCC-1, have a signed contract, and accurately described your collateral, you’re in the driver’s seat when a customer defaults. You don’t have to beg for payment or write off losses.