Risk Management Blog

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

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

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, completes… >> READ MORE

  First Corporate Solutions is exhibiting our UCC searching, filing, monitoring and API solutions at the International Factoring Association Conference April 5-8 in Ft. Worth, Texas. Why Do Factors Choose FCS Lien Monitoring & UCC Solutions? Secured Party Representative Service Original Lien Monitoring Program created by FCS over 20 years ago Business Entity Status, Litigation and Bankruptcy Monitoring also… >> READ MORE

The International Factoring Association’s annual conference was held last week at The Omni Hotel in Ft. Worth, Texas, and First Corporate Solutions was proud to attend once again with friends, partners, familiar faces and new acquaintances. The IFA conference continues to be a leader in providing educational and networking opportunities to the factoring community and this year’s event delivered again. Although the weather… >> READ MORE

These are exciting times at First Corporate Solutions. Driven by company growth in our UCC and Title Services Divisions along with the opening of our Legal Services Division, we recognized the need and the opportunity to upgrade our facility in southern California and move into the next phase of our company's life. We accomplished that on April 1, 2017, box by box completing the move from our previous space and into the next chapter.… >> READ MORE

Equifax, Experian and TransUnion , the three major national credit reporting agencies, will implement new standards for their data collection pertaining to public record data, notably regarding federal tax liens and civil judgments. This implementation is set for July 1, 2017. In general, the agencies will no longer collect and utilize public record data unless specific minimum information is present, including social security numbers… >> READ MORE

We’re proud to be celebrating the 30-year anniversary of First Corporate Solutions (FCS), leading provider of risk mitigation due diligence solutions to legal and financial communities. FCS began operations in 1987 when David Silverburg, the company’s founder and CEO, created Bay Area Courthouse Services (BACS) to capitalize on an opportunity he saw to better serve the public record documentation needs in his home area. While researching… >> READ MORE

Of course you’re aware that a federal tax lien can prime your perfected security interest 45 days after filing, knocking your UCC from first priority position if you do not act to protect your perfected position. It’s Factoring/ABL 101. But what about a judgment lien attached to personal property? What impact can it have on your perfected security interest? Turns out it can prime your first position UCC just like a federal tax… >> READ MORE

The State of Delaware offers Preclearance Review of Corporate Documents to assist filers through the corporate filing process and reduce the number of filings that do not meet required criteria. Various preclearance corporate filing services are offered and their official review procedures are a convenient way to avoid potential processing errors. This service assures that you have accurately drafted your corporate document before formally… >> READ MORE