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January 27, 2020
It’s part two of our three-part series of Commercial Credit Management Tips from NCS. Previously we provided favorite tips for Collections, today let’s review UCCs. You should always file your …
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November 4, 2019
Lower patient volumes, declining reimbursements, Medicare/Medicaid funding cuts, growing healthcare costs, political uncertainties, and industry lawsuits are just a handful of reasons cited for healthcare bankruptcies. “Too big to fail” …
March 25, 2019
In compliance with Article 9 of the Uniform Commercial Code, trade creditors can achieve a properly perfected security interest with a sound security agreement and the proper filing of a …
January 14, 2019
A Blanket filing is a security interest in all the assets of your customer on a non-priority basis, eliminating potential conflict with your customer’s primary lender. The priority or payout in a …
October 8, 2018
Fall is in the air and the school year is well under way. In the spirit of “back-to-school,” today’s post is a UCC Article 9 vocabulary lesson. Break out your …
May 14, 2018
Businesses prioritize how, when and which vendors are paid and often pay secured creditors ahead of unsecured creditors. But why? In this article, we will review how you, as a …
April 24, 2017
Blanket Filings, Consignment Filings and PMSI Filings are commonly used by creditors who supply to the food, beverage and hospitality industries. As a matter of fact, we’ve already covered these …
April 7, 2017
In the article Two Ontario Law Reform Changes of Note to Lenders and Lessors, author Jennifer E. Babe reviewed two notable changes to the most recent legislative change for the …
April 4, 2017
Previously we discussed how Blanket Filings and Consignment Filings can reduce risk when supplying to the food, beverage & hospitality industries. Now let’s discuss PMSI in Inventory and PMSI in …
March 17, 2017
Securing mechanic’s lien rights in Missouri, as with most states, begins with serving the statutory notice. Some states are quite particular about the format of the statutory notice, and Missouri …
March 13, 2017
The restaurant, beverage and hospitality industries are massive. The National Restaurant Association projected the commercial restaurant services sales would reach $783 billion by the end of 2016, which is about …
February 20, 2017
Statistic Brain reports that only 47% of retail entities are still in business after their 4th year. And grocery stores sit in the #3 spot of businesses with the worst …