Tips To End Billing Headaches With Your Service Company
April 12, 2018
UCC, Corporate, Tips Something
Ever have a partnership with a service company, one that is knowledgeable and able in their solutions, BUT there is still a problem? The service company’s billing system and accounting procedures are a big headache. Perhaps using a subscription billing model such as FastSpring Billing would have been a more appropriate system for them to use, but sometimes we can not be quite this lucky.
It gets tiring and frustrating to pay your invoices…READ MORE
Equipment Finance and PMSI: A Unique Relationship
April 05, 2018
UCC, Online UCC System, Due Diligence Something
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
Can A Terminated UCC Not Really Be Terminated?
March 29, 2018
UCC, Online UCC System, Due Diligence, Reduce Financial Risk Something
Can a terminated UCC not really be terminated? The Uniform Commercial Code says terminated UCC filings are no longer effective.
So how can a terminated UCC not really be terminated? There are two scenarios.
When the UCC record contains more than one secured party of record.
When there is more than one secured party for a single UCC, any of the secured parties can file a termination statement on behalf of all the secured parties.…READ MORE
Choose The Right API For UCC
March 22, 2018
UCC, Online UCC System, Product Update, Due Diligence, Reduce Financial Risk Something
Your growing UCC portfolio is a sign of your success. To support it, perhaps it’s time to consider upgrading your UCC Portfolio Manager by installing an API for UCC, an enhancement that consolidates your UCC management into one single system. Designed specifically to streamline and simplify your UCC processes and scale with your success, API for UCC gives you the power to manage your growing UCC portfolio efficiently while freeing you…READ MORE
FCS Releases Michigan and Tennessee Data to Online UCC & Lien State Search System
March 08, 2018
UCC, Services / System Update, Online UCC System, Product Update Something
First Corporate Solutions (FCS) is excited to announce the release of Michigan and Tennessee data to our online UCC search system. Effective immediately, active online users can search our reliable and current indices for Michigan and Tennessee data utilizing FCS’ state-of-the-art search engine designed to uncover name variations and potential hidden liens. Complementing this is our expert and experienced staff of dedicated account…READ MORE
Tips For Lien Searching: Who, What, Where
February 28, 2018
UCC, Online UCC System, Due Diligence, Reduce Financial Risk, Tips Something
Your due diligence calls for lien searches. Who should you target? What lien types should you search for? Where should you search for them? These are all fundamental questions whose answers help you better uncover your prospect’s financial situation and better evaluate their credit worthiness.
You know it’s important to search the public record, to uncover existing financial obligations and encumbrances, to learn and know a prospect’s…READ MORE
Avoid Rejections On Your UCC And Corporate Filings
February 22, 2018
UCC, Corporate, Due Diligence, Tips Something
You’ve done your due diligence. Your ducks are all 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?
It could be any number of things, depending on the filing office you’re interacting with, but one thing is for sure: rejected filings cost secured parties time and money.
Below are some tips…READ MORE
California SB 2 Update On Varying County Requirements
January 11, 2018
UCC, Legislation, Due Diligence, Title Related Topics Something
As California SB 2 has been rolled out, its implementation has created varying applications county to county. All of you recording documents in California counties are very aware of this new reality.
Here’s a quick look at what SB2 is and what it does.
To further assist you, below are updates and requests from various County Recorders regarding California SB 2.
I. The below counties require a wet signature, under penalty of perjury,…READ MORE
Big Changes In Illinois: New Centralized State Tax Lien Registry Created
December 28, 2017
UCC, Corporate, Legislation, Due Diligence Something
Effective in Illinois on January 1, 2018, the State Tax Lien Registration Act will change how state tax liens are filed there. It will create one centralized State Tax Lien Registry for filing notices of tax liens in favor of or enforced by the Illinois Department of Revenue, who will manage the new registry.
Currently, state tax liens in Illinois are filed by the Illinois Department of Revenue for unpaid taxes at appropriate county recorder…READ MORE
Your Ultimate State Research Links Library
December 14, 2017
UCC, Corporate, Due Diligence Something
End of year buzzwords and phrases we all use and hear this time of year: get better organized, be more efficient, streamline, and ultimately, be more successful. We’ve all worked towards accomplishing them and we utilize tools and tactics that help us achieve them.
Below are links to various State departments nationwide, consolidating that information onto one web page, Your Ultimate State Research Links Library. We hope it’s a…READ MORE