Risk Management Blog

You’ve done all your due diligence. You’ve qualified your debtor, all your ducks are lined up. Now you just need to file your UCC and/or corporate documents. It’s just a technicality, right? The heavy lifting is done. And then your filing gets rejected! What happened? Well it could be any of a number of things depending on the filing office you’re interacting with, but one things for sure:  rejected filing cost secured parties… >> READ MORE

To perfect a security interest with a UCC filing, the simple act of filing your lien is not enough. You have to do it correctly. There are specific guidelines to follow, including how to determine the specific debtor name or names to include on your UCC. But these specific naming guidelines are not extended to others who also file liens in the public record, others like the IRS and State taxing agencies, or even individuals filing judgment… >> READ MORE

When filing UCCs, you’re looking to perfect your security interest while avoiding rejections, but things can go wrong. You can follow proper procedures and still things can go wrong resulting in rejected filings, security interests that are not perfected, and more. Nevertheless, of course you should follow proper procedures. To learn more about them, check out this 30-minute webinar An Insider’s Guide To Avoiding UCC Filing Mistakes.… >> READ MORE

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

Are you a Bulk Sale Escrow Officer? Then this blog post is for you! We’ve been supporting Escrow Officers handling bulk sales for close to a quarter century, and over that period we’ve learned more than just a few things from our friends in the industry, and in our next couple of blog posts we share some of tips we’ve learned. Tip #1: Search an individual seller’s name at any and all addresses Because individual business owners… >> 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

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

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