NEW RELEASE: NCS Credit Lien Index Q3 2024 declined to 54.
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 goods and / or accounts receivable by using the personal property assets of their customer as collateral. A properly perfected UCC filing elevates you to secured creditor status and 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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Hard to believe 2024 is nearly over! As you prepare your A/R for year-end, let’s review a few collection tips to help you close 2024 and prepare for 2025.