This article explains the Uniform Commercial Code (UCC) in easy to understand language, and the basic information that small business owners need to know. This is a must read article for any business owners who plans to apply for SBA loans, bank loans and other financing that may require a lien on goods, assets or account receivables.
The Uniform Commercial Code (UCC) is a series of uniform regulations designed to streamline commerce between businesses across all 50 states and various territories of the U.S. Most business owners don’t know what they need to in order to protect their business. This article describes how UCC filings are used.
Click on the link below to read the full article: What Every Small Business Owner Should Know About UCC Filings
