Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

PMSI Rules In Equipment And Inventory

April 28, 2016 UCC

Looking for information on purchase money security interest, aka PMSI? Look no further. Thanks to attorney Bennett L. Cohen of Cohen, Salk & Huvard, P.C., First Corporate Solutions can help you. Check out our free eBook Purchase Money Security Interests:  Purchase Money Rules in Equipment and Inventory authored by Cohen. In it you will find answers to all of your PMSI related questions including: How is a PMSI created? What…READ MORE

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Factoring Conference 2016 Recap

April 22, 2016 UCC

The International Factoring Association’s annual conference was held last week, this year hosted in Scottsdale, AZ. Again First Corporate Solutions was there to mingle and partner with the familiar faces we’ve come to know and enjoy over the many years of our participation. But more than ever before we were struck by the vast number of new people and companies in attendance, a reflection of the changing landscape of the factoring world…READ MORE

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Post Funding Due Diligence—Don’t Lose Your Perfected Security Interests

April 14, 2016 Due Diligence

You’ve performed your pre funding due diligence. You’ve qualified your prospect and determined to move forward and fund. You’ve filed your UCC and perfected your security interest. Now what? After all the time and effort invested to best investigate the credit worthiness of your new customers and establish your priority position to collect in case of default, don’t stop there! Your job is just beginning. From Federal tax liens…READ MORE

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Secured Party Representative Services Continue To Grow

April 07, 2016 UCC

The demand for Secured Party Representative Services continues to grow, and the changing face of the asset based lending/factoring world is at the center of its growth. With new lenders bringing new methods with new ideas on how to utilize technology to infuse cash into various business types, the competition for customers is as fierce as ever with lenders reacting and adapting to the evolving landscape. One of the tools relied upon by…READ MORE

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