Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

FCS Guest Speakers At Bulk Sale Escrow Seminar April 1

March 31, 2017 UCC, Corporate, Event

  No Fooling. FCS CEO David Silverburg along with Escrow Compliance Manager Pamela Putnam will present “The Incredible Bulk Sale Superpower—UCCs” at National University in Costa Mesa this Saturday, April 1. The event is co-hosted by the California Escrow Association and The Escrow Training Institute. Seminar moderator Debbi Faber of Chicago Title, a long-time partner and friend to Bulk Sale education in California,…READ MORE

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Secured Party Searches and Secured Party Representatives—Cause And Effect

March 16, 2017 UCC, Reduce Financial Risk

In our last two blog posts, we discussed what a secured party search is and how it is utilized to expose a secured party’s customer list, and also what a secured party can do to protect that customer list. Lenders rely on security interests to manage their risk and perfect their security interests by filing UCCs, but this process puts their client list in the public record; every debtor on a UCC is that secured party’s customer! With…READ MORE

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Need A Marketing List For Your Lending Solutions? Try Secured Party Searches

March 10, 2017 UCC

Looking to market your financing solutions to a needy target base? Want to know what businesses are already utilizing the funding solutions you provide? It’s possible. Even though UCC search and file service providers go to great lengths to keep their customers’ data secure by utilizing technology and in-house procedures to safeguard data and protect it from outside sources, the nature of the Uniform Commercial Code nevertheless…READ MORE

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Listen Up UCC Filers-Protect Your Customer List From Competitors

March 03, 2017 UCC, Reduce Financial Risk

Does it seem sometimes seem like your competitors have a copy of your customer list? Well, they just might. “No way!” you say. “How did that happen?” It’s easier than you might think. Every time a secured party perfects a security interest by filing a financing statement, one result of that filing is to reveal the secured party’s debtor, its customer, in the public record. And, just like one can search a Secretary of…READ MORE

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