"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
In last week’s blog we discussed items to consider when evaluating proprietary online UCC search systems. You can read that post here. This week we look deeper at one aspect to consider in your evaluation process: what is broad-based search logic and why is it important that your UCC and lien search solutions provide it?
First, you need an understanding of the Model Administrative Rules (MARS) and the baseline they create. You can…READ MORE
If you are looking to improve your UCC due diligence processes and resources this New Year, here’s your opportunity to explore some solutions available to you online. Check out the list below where we answer questions and provide information to help you choose the online UCC system that best suits your needs.
Looking to consolidate your UCC portfolio management into one comprehensive tool? Here are 3 tips to help you choose the right…READ MORE
An important perfection rule to Canada’s Personal Property Security Act (Ontario) changed on December 31, 2015. The change aligns Ontario with the US Uniform Commercial Code’s Article 9 with regards to Specified Collateral. Previously in Ontario secured parties were directed to perfect their security interests in Specified Collateral following the law of the jurisdiction regarding a debtor’s “location”—its “place of business”,…READ MORE