Risk Management Blog

Is your UCC portfolio growing? Are your UCC management processes growing with it? Are your current UCC solutions able to scale to support your success? For example, have you ever missed the window for filing a UCC3 Continuation, and thus lost your perfected security interest? Are you still managing your UCC portfolio from a spreadsheet? Are you still filing direct with Secretary of States which require you to understand and navigate each… >> READ MORE

A search to reflect, also referred to as a post-filing verification search, is a search of the UCC records of the office where you filed after your UCC filing has posted to the index. It confirms proper indexing of a UCC filing and verifies its priority position relative to other creditors, important benefits of a search to reflect. When to perform a search to reflect on your UCC is key. Since you have to wait for the filing index date… >> READ MORE

Last year, Congress' approved 2016 federal spending bill included an extension of the solar panel tax credit. Homeowners, solar companies, and industry advocates alike were given a big Christmas gift in 2015 when Congress approved the 2016 federal spending bill and extended the solar panel tax credit. The December 18 bill contained a 5-year solar tax credit extension, which makes solar more affordable for all Americans. --http://news.energysage.com/congress-extends-the-solar-tax-credit/ The… >> READ MORE

First Corporate Solutions is pleased to announce that we have released both Alabama data and New York data with image library to our online UCC search system (images not available in Alabama). Effective immediately, users can search our reliable and current indices for Alabama and New York UCC data including an expansive library of clear, downloadable document images for New York. In addition, we’re excited to include the following… >> READ MORE

In a recent blog post we discussed the solar power boom that is occurring across the United States and abroad, and domestically how Congress’ extension of the solar tax credit will help to continue fueling the boom. Financing solar installations is an evolving process, with solar financiers typically offering three solutions: leases, power purchase agreements (PPAs), and loans. Many solar financiers today offer at least the following… >> READ MORE

Over the last few weeks, we’ve blogged about the solar installation boom and the options available to solar financiers to perfect a security interest on their solar panel installations. The filing of fixtures is one such option and utilized actively when perfecting residential solar panel installs. For fixture filings, a legal description of the property is needed on the financing statement to disclose where the fixture is to be. Fixture… >> READ MORE

First Corporate Solutions (FCS) is pleased to announce that we are releasing Hawaii, Louisiana, Michigan and Tennessee data to our online UCC search system. Effective Monday, November 21, users can search our UCC data indices for Hawaii, Louisiana, Michigan and Tennessee utilizing FCS' state-of-the-art search engine designed to uncover name variations and potential hidden liens. In addition, we’re excited to include the following… >> READ MORE

Direct B2B Interfaces for Public Records Transactions We blogged a quick overview of APIs a couple of weeks ago and noted how API technology has made its way into public records and UCC processes and procedures. But how? APIs for public records transactions include: UCC Search Business Entity Search UCC Filing Monitoring of Debtors' UCC/Lien activity and Business Entity changes Monitoring activity in US District… >> READ MORE

Are you a secured party? Do you perform lien searches, file UCCs and then monitor your perfected security interests to maintain priority? Solutions to streamline and improve UCC perfection processes continue to evolve and continue to improve your searching, filing and monitoring experiences. The latest? Application Programming Interfaces, aka APIs, are now center stage. You’ve heard the term probably, API. But what is an API anyway? Here’s… >> READ MORE

You have many options to perform a UCC 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 in which we discussed the benefits and drawbacks of each of these… >> READ MORE