Risk Management Blog

Having a rapid turn-around time for your pre-funding lien searches is important. Borrowers are looking for quick funding solutions and slow turn-around time for lien searches can extend your funding cycle, frustrating prospective clients and tarnishing your reputation in the industry. Earlier this month, First Corporate Solutions began a four-part blog series devoted to providing our readers with tips for improving the turn-around time for… >> READ MORE

Slow turn around for lien searches can be frustrating and cause problems for lenders who are competing for big deals. Now more than ever, borrowers are looking for quick funding solutions. Slow turn-around time for lien searches can extend your funding cycle and discourage prospective new clients. Earlier this month, First Corporate Solutions began a four-part blog series devoted to providing our readers with tips for improving the turn-around… >> READ MORE

The final installment in our Greatest Hits blog series covers state certified UCC searches, aka UCC11s. There are times when you might want to request a certified search, they do serve a purpose. But, because of their oftentimes narrow search logics which can inhibit a searchers ability to uncover name variations, thorough due diligence typically requires utilizing a broad-based search solution that is designed to uncover and include… >> READ MORE

Figuring out how to describe the collateral on a UCC Financing Statement to best protect your interests can be confusing. In fact, one of the most common questions FCS hears from customers and prospects is "What collateral language should I use on my UCC filing to make sure we’re protected?" Bradley B. Clark answers that question and more in this webinar presentation. >> READ MORE

photo © 2010 Coletivo Mambembe | more info (via: Wylio) This week, we take a short break from our blog series on evaluating state UCC search options to invite our readers to join the First Corporate Solutions User Group on LinkedIn! This group is designed to be an online meeting place for First Corporate Solutions (FCS) customers, prospects, current and former employees as well as peer organizations offering due diligence and risk… >> READ MORE

We are proud to have exhibited once again at the 63rd annual California Escrow Association Conference, United We Stand, hosted at the Anaheim Marriott October 11-13. The conference featured outgoing President Debi Faber installing incoming President Juliana Tu and the new 2019 officers. It also marked the final Legislative Update from California Advocates’ Lexi Howard, who is moving on to new challenges, but will always be remembered… >> READ MORE

On Friday, March 29 an Employee Recognition Event is planned for employees of the Delaware Division of Corporations.  The 4-12 shift will be working 12 Noon to 8 P.M. and the following changes will be in effect: All 30 Minute and Priority 1 (one-hour service) must be received by 6 P.M.; Priority 2 (two-hour service) must be received by 5 P.M. All other cut-off times will remain unchanged. >> READ MORE

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

Equipment finance or leasing is a lending type that specializes in lending on specific collateral. Equipment finance companies can vary greatly and tend to specialize in specific industries and often tend to be manufacturers (farm equipment, medical and dental equipment, freight, industrial equipment, etc.). With this being said, there are options such as buying used equipment instead of having to take them out on finance. Especially if… >> READ MORE

Year end is here.  Lightning speed transactions require entity Formations and Registrations in several states.  Below, we have listed some reminders to help you through the year-end rush. Delaware Direct Access. Delaware by far is the state where the majority of year-end transactions occur.  Working with a service company (Online Agent) that has direct Delaware Corporate Database access will provide you speed and answers when needed.… >> READ MORE