Welcome to the new Lien Solutions blog – insights and resources to help professionals reduce risk and shape the future of their business. You’ll find articles on thought leadership, practical tips, and an exchange of ideas that drive innovation and better outcomes.
What is the importance of searching for other lien types? In general, a four-part search should be part of any thorough due diligence investigation, and is critical to the “discovery” process. Can you imagine going to a closing having conducted only a UCC search, only to find after the closing that a tax lien was on the property just acquired?
As a lender, it’s in your best interest to perfect your stake in the borrowers’ assets. When your lien is on real estate, inventory, equipment, vehicles or investments, the method of perfection is clear. But securing your interest in a fixture is less straightforward.
In this “Back-to- Basics” post we will discuss advanced due diligence strategies. Due diligence has always been a routine and essential part of the process of pursuing lending opportunities. However, in today’s volatile economic conditions, lenders are advised to take extra measures to protect themselves from losses.
In this “Back-to- Basics” post we continue our advanced due diligence focus on the non-consensual liens of tax liens and judgments liens. Tax and judgment liens ordinarily apply to the same types of property covered by UCC liens.
UCC filing monitoring notifies a lender if another secured party tries to amend, continue or terminate the lender’s own UCC filing. It’s important to track any change to UCC filings which could undermine a lender’s position. Staying on top of this enables a quick response and can protect the filer’s interest. UCC filing monitoring is […]
UCC Back-to-Basics Series UCC-3s are used in a variety of transactions, and they are a key part of life cycle of a loan. Learn more about the how UCC-3s help you to secure your assets. A UCC-3 is defined as a filing used to make any changes to a UCC-1 filing, including continuing or terminating […]
Mitigating risk is a key component of lending, and it requires you to learn as much as possible about a potential borrower. Whether they’re an individual or business, you need to know the value of their assets, cash flow, credit score, and — most importantly — existing liabilities. Discovering this requires an aggressive approach to […]