
5 Things Everyone In Lending Should Know
The lending industry can seem complicated at times. In today’s blog we want to shed light on some important considerations to help simplify the process. Whether you know it all,
Stay up to date with new industry insights from Capitol Lien
The lending industry can seem complicated at times. In today’s blog we want to shed light on some important considerations to help simplify the process. Whether you know it all,
Back in 2013, recent amendments to Article 9 took effect. One of the amendments provides that a driver’s license is the best source for determining the legal name of an
Having a Registered Agent ensures lawsuits and legal documents will be delivered privately. There won’t be any law enforcement officers showing up at your place of business which could potentially
The UCC lien protects lenders from authorizing additional loans that contain the same assets as collateral. It allows them to maintain their financial interests. UCCs are public record and proper
Where does a UCC originate from? Typically when a debtor (entity or individual) agrees to pledge assets to a secured party, usually a lender, for a loan or line of
A proper financing statement must provide the name of the debtor, and there are fairly strict requirements for the sufficiency of the debtor’s name. (See UCC§§ 9-502& 9-503.) If the
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