Best commercial UCC lien mediation law services by Lincoln and Morgan : The major advantage of being a secured commercial lien holder is the lien holder’s ability to secure the entirety of the pledged assets as collateral as established through the security agreement and evidenced by the UCC Lien. The security agreement clearly identifies the specific secured collateral that is being pledged. The problem occurs at the point of default of the funding agreement and when the recipient refuses to surrender the secured collateral as was required by the agreement. See more info at https://www.facebook.com/lincolnandmorgan/.
Accounts Receivable Management: Those who obtain the information have the power! We (Lincoln and Morgan) help train our clients to understand A/R management from 31 days past due and beyond. This helps to ensure minimal losses and calculated cash flow to keep your business profitable and growing! Custom Tailored Approach for your Company: We (Lincoln & Morgan) are not only your receivable mediation firm but an extension of your company, that secret weapon down the hall in your arsenal against lost receivables and lost customers. Utilizing our vault of vast amounts of information, we have the tools and expertise to get the results you desire in a manner that suits your company’s image.
Other advantages of mediation include: the fact that parties can engage without being seen to lose face as mediation is a planned part of the dispute resolution process; the mediator can be entrusted with the “true” position of each party as to where it will settle, hence he can help the parties to bridge the gap between them since he will know how wide the gap truly is as opposed to the parties’ public statements; a mediator does not judge the issues but facilitates agreements which can be committed to in a binding form.
The results of this survey clearly demonstrate the critical importance of taking positive action when an accounts receivable ages past its due date. Today’s competitive economy requires that companies maintain a healthy cash flow with the ability to adapt to changing market conditions. Companies must take a hard line on past due receivables, and turn them over to professional help when their internal efforts have not proved successful and within 120 days.
First, it is important to understand what a UCC lien is. A UCC lien is a document that a lender files with your secretary of state which gives notice that the lender has a claim to certain assets as collateral. A UCC lien will typically prevent you from obtaining additional funding or selling property such as equipment, company vehicles, and materials. But, if you default on a merchant cash advance contract, the merchant cash advance company will sometimes send these liens to your customers, demanding that your customers pay the merchant cash advance company directly rather than paying you. This is because the concept of a merchant cash advance is that the funder is purchasing your future receivables.