2018 - Lien Solutions

3 Rules to Building Strong Customer Partnerships

Written by Marina Hardy
Date December 2018

What does it take to create a long-term, successful business partnership with your customers? The kind of partnership that survives economic ups and downs and continues delivering benefits over many years, or even decades?

 

Proactive Risk Management More Important than Ever for Ag Lending Industry

Written by Marina Hardy
Date October 2018

It’s well established that America is one of the world’s primary breadbaskets.  U.S. farmers’ agricultural output outstrips all others. But American farmers prolific output has, at times, actually hurt them, rather than helped.

 

Lending in the Agriculture Sector: What Lies Ahead?

Written by Marina Hardy
Date September 2018

We recently had the opportunity to attend a large agriculture finance conference focused on risk in that sector. This year, the discussion centered on the weather, the global economy, and politics: risks that affect pricing of crops, loan health and the credit landscape.

 

Title washing and types of vehicle titles

Written by Lien Solutions
Date September 2018

Accuracy during the lending process is important; unfortunately, title washing can get in the way of learning about a car’s past. You want to know as much about the vehicle as possible to calculate its value and ensure you’re not lending the borrower more than the vehicle’s worth. Determining the vehicle’s true value, though, requires you to find the vehicle’s real title and history.

 

Lien Solutions’ Lauryn McAlister Bary to Present at Community Bankers Association of Illinois Convention

Written by Lien Solutions
Date August 2018

The presentation looks at five things that a lender simply cannot afford to miss when managing their lien portfolio. If they are addressed properly, a lender can confidently perfect their interest in a loan. McAlister Bary’s presentation will take place on Saturday, September 29, 2018 at 1:15 PM during the CBAI event held at the […]

 

Jurisdictional Challenges in Motor Vehicle Lending – White Paper Challenges in Motor Vehicle Lending

Written by Lien Solutions
Date August 2018

Whitepaper Gives Motor Vehicle Creditors New Ways to Cope with Multi-Jurisdictional Lending Problems

 

Motor Vehicle Title Management Process

Written by Lien Solutions
Date August 2018

In part 1 of this series, we discussed how the motor vehicle process makes things difficult for borrowers to title and register cars and trucks, as well as how that can negatively impact you, the lender. Today we’ll examine another roadblock that obstructs successful motor vehicle management: Electronic Lien and Titling (or ELT for short). […]

 

A Relationship that Creates Results: RV and Marine Lender Partners With Lien Solutions

Written by Lien Solutions
Date August 2018

The biggest hurdles were managing the high volume of lien perfection and follow up: verifying that perfection was attained, keeping track of paper files, making sure all steps were completed, and then maintaining the liens over time. Difficulty working with state DMVs and the subsequent hours spent on forms, submissions and follow-ups was another source […]

 

These 5 tips can help you secure your liens

Written by Lien Solutions
Date August 2018

Here we share five things that a lender simply cannot afford to miss when managing their lien portfolio. If they are addressed properly, a lender can confidently perfect their interest in a loan. For more on this topic, download the complete eBook. 1) Naming wrongs Even the smallest difference can cause a mountain of problems. […]

 

Vehicle Title and Registration: Improving the Process for You and Your Borrowers

Written by Lien Solutions
Date August 2018

Once you approve a borrower and they finalize their purchase, it’s in your best interest to perfect your lien on the vehicle. All states require a motor vehicle’s certificate of title to note your lien for you to become a secured creditor. But for the title to include your interest, the new owner must register the vehicle with the appropriate department of motor vehicles in their state.