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LienFinder 2.0 Coming This Summer!
A quick query in LienFinder™ uncovered several liens filed between May & July with claims in excess of $7,000,000, including over $4,000,000 in a lien by a general contractor. (The …
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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?
Don’t let your PMSI go unperfected! Check out this infographic to learn more.
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 …
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 …
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 …
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! …
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 …
Your customer has defaulted on payment… fortunately you filed a UCC. Now what should you do? Review this infographic to learn more!
Did you know that credit professionals still rely on Wikipedia to determine their mechanic’s lien/bond claim deadlines, the steps for filing a UCC-1 and even for best practices on collecting …
Yay, you are a secured creditor! Now you need to file the proof of claim… tread carefully!
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Education Center