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Factoring company that does not require ucc lien filings

Discussion in 'Ask An Owner Operator' started by natanishe, Jul 22, 2016.

  1. Jul 22, 2016 #1
    natanishe

    natanishe Light Load Member

    109
    20
    Jan 17, 2015
    Los Angeles
    0
    natanishe, Jul 22, 2016
    natanishe, Jul 22, 2016
    #1
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  3. Jul 23, 2016 #2
    glockwise

    glockwise Light Load Member

    253
    225
    Apr 24, 2014
    0
    You do realize that the uuc-1 filing is how you "perfect the lien" right? It's the only way to stake a claim of the business asset in the event of a default.

    So you are looking for some one to make a loan based on collateral, but not be able to recover the asset in the event they are not repaid?
     
    glockwise, Jul 23, 2016
    glockwise, Jul 23, 2016
    #2
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