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Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

Best of the FCS Blog: Importance of County-Level Lien Monitoring

 Lien Monitoring

To welcome new readers to the FCS blog, we will be running a “Best of” series over the next several weeks. Check back each week between now and the end of May to read another of our most popular blog posts! Best of the FCS Blog: Importance of County-Level Lien Monitoring Once a creditor has filed a UCC Financing Statement they will want to do all they can to maintain their priority position throughout the life of the loan. Lien monitoring…READ MORE

A Factor’s Perspective on Pre-Filed UCC Financial Statements

 UCC

Under Revised Article 9 of the Uniform Commercial Code, secured parties are permitted to pre-file UCC Financing Statements, meaning they may file their UCC document before official execution of the security agreement provided the secured party receives proper authorization from the borrower. This week, we welcome Steve Capper of Flexible Funding as a guest author on the FCS blog. In this piece, Steve offers some words of caution for borrowers…READ MORE