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Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

First Corporate Solutions Releases Online System Enhancements

March 31, 2015 Online UCC System

Effective April 1, 2015, FCS registered online users will be able to experience the following system enhancements. [caption id="attachment_2679" align="aligncenter" width="961"] New Certified Search Option[/caption]  New Certified Search Request Capability Added to your search results screen to provide fast and efficient ordering of certified UCC searches. Streamlined Ordering and Document Downloads Reduced number of clicks to order…READ MORE

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Staying Competitive in Today’s Factoring Market

March 26, 2015 Online UCC System, Due Diligence

We welcome Asonia Credit Data to our blog today to discuss ways to stay competitive in today's factoring market. The factoring market is expanding rapidly, with an almost daily addition of new players. This steady influx of entrants has created a more competitive factoring market, with lower rates and tighter margins. Today, you have to do more with less income just to stay in the game. Lowering Costs Is Key in a Competitive Factoring…READ MORE

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Identifying Mechanic Liens for Liquor License Transfers: Why are they important?

March 19, 2015 Due Diligence

When transferring a business with a liquor license there are a few considerations you need to be aware of in regards to lien searching. The California Alcoholic Beverage Control (ABC) can deny a liquor license transfer to a new applicant if all conditions are not met. This reality is why due diligence for liquor license transfers is so important when searching for liens against debtors, especially Mechanics Liens, even though Mechanics Liens…READ MORE

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How to Manage Your Growing UCC Portfolio?

March 12, 2015 UCC, Online UCC System

Is your UCC portfolio growing? As it grows are your UCC management processes growing with it? Can your current solutions scale up to support your success? These are questions and challenges successful lending institutions face as they grow and expand. Solutions that made sense before are perhaps no longer optimal. Maybe UCC filing directly with the Secretary of State made sense when your portfolio was in only one state, but managing accounts…READ MORE

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County Filings Got You Down? An Experienced Service Provider Could Be The Solution.

March 05, 2015 UCC, Due Diligence

This week we’re looking at a case study we recently encountered involving County Filings. It helps to demonstrate that even in today’s e-connected world there are still many instances for which there is no substitute for experience and the personal touch. Check it out below as told by Daniel Silverburg, our County Services Manager. We received a request to file a UCC-1 in Riverside County, CA, and with Riverside County also being the…READ MORE

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