What is a UCC Filing?
When businesses secure financing through loans or factoring, one of the key terms that often comes up is a UCC filing. But what exactly is it, and why does it matter? UCC stands for the Uniform Commercial Code, a set of laws that govern commercial transactions in the United States. A UCC filing is a […]
What is a Factoring Company?
Business owners often face cash flow challenges, especially when they offer net-30 or net-60 payment terms to their customers. Waiting weeks or even months for invoices to be paid can create financial strain, making it difficult to cover payroll, purchase supplies, or take on new projects. This is where a factoring company comes in. A […]
