Why Do Banks and Factoring Companies File UCC Liens?

Why Do Banks and Factoring Companies File UCC Liens?

What Business Owners Need to Know If you’ve ever applied for business financing, you may have heard the term UCC lien. For some business owners, seeing a UCC filing on their company can sound alarming. They may wonder: “Does this mean someone owns my business?” “Can they take my property?” “Did I do something wrong?” […]