"FCS online system really helped us manage our transactions and cut costs. I get what I need at my fingertips, accurately and easily. And when I need to contact someone there’s always an actual person who responds."
Natalie M., Credit Manager, National Bank, Chicago, IL
As we have discussed here on the FCS blog in several posts, one of the main things to consider when deciding whether to use a proprietary online search system is the source of the data.
In short, there are two sources from which a private service company can purchase UCC and Lien data for their online search system. The first is directly from the state, which is the most accurate and up-to-date information; the second is from a third…READ MORE
There are many options available for those looking to perform a UCC and lien search. There are certified searches that come directly from the filing office, state direct database searches that are available on a state’s website, and proprietary search systems that private service companies build and maintain. A while back, First Corporate Solutions published a blog series on evaluating state search options where we discussed the benefits…READ MORE
CA Senate Bill 391 Seeks to Impose $75 Additional Charge on Recorded Documents
First Corporate Solutions (FCS) wants to help raise awareness that a bill is now working its way through the California State Legislature that could prove costly to those in the public records, escrow, title, and lending communities.
If passed, CA Senate Bill 391 would enact the California Homes and Jobs Act of 2013 which seeks to raise funds for affordable…READ MORE
To build a proprietary online search system, a service company must first purchase UCC and lien data. Many searchers are unaware that the source of a system’s online data can have a tremendous impact on their final results report. This article discusses some key differences between state direct and third party UCC and lien data.
In many states, the state filing office makes their UCC and lien data available for purchase. In these states,…READ MORE
Exclusive to our blog readers, we are giving you a sneak preview of our new online due diligence system.
First Corporate Solutions’ new online system for UCC filing & portfolio management, lien searching and account monitoring has the tools you need to perfect and maintain your security interests with ease. Our system simplifies your daily processes by providing secure online access that allows you to perform searches, prepare and…READ MORE