Credit Tips Blog: Discover the Latest Industry Insights

You serve preliminary notices to protect lien rights. Did you know some states require the lender also receive a copy of the notice?

While insurance companies deliver crippling blows to businesses’ financial security, credit departments bring UCC filings into renewed focus.

In consignment filings, the consignor of the goods remains the title holder until the consignee sells the goods – once the consignee sells the goods, the consignee obtains the title, which triggers the consignor to invoice the consignee for the goods.

A lender is the party (or parties) funding the project. Often the lender is a financial institution, but sometimes, especially in the case of P3s, the lender may be a corporation or other entity.

The accuracy of your Security Agreement can make or break your security interest. Don’t make these rookie Security Agreement mistakes.

With bankruptcies on the rise, it is increasingly likely you'll need to complete a bankruptcy proof of claim. Learn more in this post.

Under New Mexico's revised statute, to recover costs and fees, you need to serve a copy of the recorded mechanic’s lien upon the owner.

Curious about mechanic’s lien & bond claim rights in New Mexico? Today's post is for you because we’re in a New Mexico state of mind!

What happens to payment bond rights when the required preliminary notice is served but never received? One lucky claimant found out.

UCC filings are magical; UCCs grant you a security interest and put you in the best possible position to get paid, in the event your customer defaults.

Getting a copy of the bond up front is prudent. As a best practice, obtain a copy of the payment bond when contracting for the project.

A creditor can file a PMSI and Blanket Filing on the same collateral. Unsure which filing your company should be doing?