Risk Management Blog

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 by helping each solar wholesale distributor and investor. In last week’s blog post, we discussed the options solar financiers have for perfecting their security interests. In today’s post, here’s how First Corporate… >> 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

With the New Year upon us, end of year deadlines and commitments drive activity. So much still to do! One of the to dos we all have is to make our plans for the next year. We review systems and solutions, processes and procedures, with an eye on fixing any breakdowns that have been experienced and on determining if any changes need to be made. When it comes to evaluating your UCC management, you need a UCC service partner that supports… >> 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

Are you a secured party? Want to improve and streamline your UCC perfection process? Now you can. Enhance your compliance practices by eliminating the need to re-enter UCC information, and streamline your workflow by minimizing keystrokes, all at the same time. How? With Direct B2B Interfaces for UCC transactions…API for UCC. This technology allows you to connect your business line software directly to reliable, fast, and accurate… >> READ MORE

Does it seem sometimes seem like your competitors have a copy of your customer list? Well, they just might. “No way!” you say. “How did that happen?” It’s easier than you might think. Every time a secured party perfects a security interest by filing a financing statement, one result of that filing is to reveal the secured party’s debtor, its customer, in the public record. And, just like one can search a Secretary of… >> READ MORE

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