Key factors when considering search and file lien solutions

Today’s lenders are under constant pressure to juggle an enormous range of challenges, from expanding profitability and managing costs to mitigating risk and ensuring compliance. At the same time, the industry continues to struggle with changing regulatory measures, staffing challenges, and escalating loan defaults, all of which further amplify risk

For lending institutions that file Uniform Commercial Codes (UCCs) to secure loans, this already-substantial list of burdens is magnified even more — especially for those who file UCCs in-house. While filing with Secretary of State (SoS) may appear to be simple and less expensive than deploying a search and file solution, lenders who do so often encounter additional difficulties that threaten the safety of their secured assets.

Harnessing the right tools and technology can alleviate these challenges — enabling you to save time, increase volume and accuracy, and better manage risk over the lifecycle of your liens

Thank You For Your Interest

    If you engage with the content, EnterpriseGuide will share your data with Wolters Kluwer. For details on their information practices and how to unsubscribe, see their Privacy Policy. You can unsubscribe at any time.

    You have been directed to this site by DemandBytes. For more details on our information practices, please see our Privacy Policy, and by accessing this content you agree to our Terms of Use. You can unsubscribe at any time.