Secured Party Representative Services Continue To Grow
UCC
The demand for Secured Party Representative Services continues to grow, and the changing face of the asset based lending/factoring world is at the center of its growth. With new lenders bringing new methods with new ideas on how to utilize technology to infuse cash into various business types, the competition for customers is as fierce as ever with lenders reacting and adapting to the evolving landscape.
One of the tools relied upon by…READ MORE
How To Safeguard Client Portfolio List from UCC Public Record Searches
UCC
UCC searching and filing service providers go to great lengths to keep their customers’ data secure. Technology and in-house procedures provide safeguards to keep your data protected from outside sources. Since service providers, along with state and county filing offices, are the gatekeepers of public records containing transactional information, this is a good thing. The nature of the Uniform Commercial Code, however, exposes an important…READ MORE
How to Protect Your Client List From UCC Secured Party Searches
UCC, Services / System Update, Online UCC System, Revised Article 9, Reduce Financial Risk
UCC searching and filing service providers go to great lengths to keep their customers’ data secure. Technology and in-house procedures provide safeguards to keep your data protected from outside sources. Since service providers, along with state and county filing offices, are the gatekeepers of public records containing transactional information, this is good thing. The nature of the Uniform Commercial Code, however, exposes an important…READ MORE
Tired of reverse UCC searches exposing your customer list?
UCC
Have you noticed a wave of calls from your customers to renegotiate the terms of their security agreement? Does it strike you as odd that so many are calling you all at once?
Perhaps it’s not odd at all but instead an indication that a competitor has obtained a copy of your customer list and is reaching out directly to each and every one of your clients on it.
“No way!” you might say. “How did that happen?”
Well, it’s…READ MORE