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Uniform Commercial Code
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Creative Capital Associates, Inc. > Blog > Uniform Commercial Code
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Existing Bank Loans And Factoring
Frequently when setting up a receivable factoring facility there is an existing bank loan in place which will require cooperation …
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Dead Filings
Factoring companies rely on their UCC filing with the state agency to secure their position on the accounts receivables they …
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Critical Issue: Ghost UCC Filings
This can cause your company a severe headache. There are various lenders that use a third party vendor to file …
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UCC – Down And Dirty
Pledging something of value as a form of collateral to borrow money is creating a debt. Using debt is an …
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The Cash Advance Conundrum
Although the concept of factoring an obligation has been around for hundreds of years, fur hunters in the old days …
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Dysfunction At The Junction
The best investment a business owner can make is to invest in themselves. Purchase books, go to seminars, get a …
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Collateral Subordination
The practice of providing funding using accounts receivables as collateral is primarily based on the securitization of the actual accounts. …
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Quick Draw Filings
Be careful, there are some factoring companies who will quickly file a Uniform Commercial Code (UCC-1) financing statement as soon …
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