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Uniform Commercial Code - UCC
The Uniform Commercial Code, or UCC, is an excellent tool for business owners to protect themselves with small business laws as both creditors and as debtors. Using UCC filings to your advantage can stretch your credit with both lenders and vendors. Likewise, as a creditor, if you keep active UCC filings on your biggest customers, you can protect your business against a client's nonpayment. For example, if you have a nonpaying customer and bring a lawsuit against them, you may wait months for a judgment; and you might not be adequately compensated even if the lawsuit rules in your favor. As a small business owner, you could have a UCC filing from the beginning and prove the debt.

Other negotiable instruments Related Articles

Tailor the Sale
I was watching a feature film on cable TV, It's a Great Feeling, staring Doris Day and Dennis Morgan. Doris is sitting outside the train station in Los Angeles. Three little Mexican children approach her with their musical instruments. They offer to play a song for her for ten cents . . . or leave for 15 cents.

Helping SMEs meet the requirements of formal financing - Increasing SME Access to Finance: A Four Pronged Approach
Apart from the need to boost SME capacities, some financial instruments can help provide missing information or reduce the risk stemming from some SMEs’ lack of transparency.

What Instrument Do You Play In The Symphony Of Life?
It is sometimes hard to figure out your place in life. What is your purpose? What are you meant to do in life? I like to think of life as a large symphony. Each player in the symphony plays a certain part. There are different instruments in each section –piano, violins, cellos, flutes, trumpets, percussion. Each section seeks to play in harmony with the other.

120 Billion Reasons to Sell the Yen
Last year, one of the few financial instruments that was headed to the moon was the Japanese Yen. Since then, things in Japan have started to unravel. GDP has declined and exporters are suffering. Shorting the Yen vs the US dollar will prove to be profitable during 2009.

How to Submit Your Website to the Major Search Engines For Free!
You may have read about websites offering to submit your website to 100/1K/1Million+ search engines all at the click of a button, or even worse for a small non-negotiable fee! These are scams DO NOT use them!

Did You Know Emotional Words Affect Our Judgment?
Is your success related to persuading, influencing and convincing other folks? New neuroscience shows how our facial expressions are powerful instruments you should know about. Check it out.

Cover Letter Writing for Grant Proposals
The grant proposal is one of the key instruments for a non-profit to seek financial grants. However, a professional presentation of a grant proposal requires a good cover letter be included with it. It may appear to be a small detail, but the devil, as they say, lies in the details.

Selling Yourself & Your Ideas to Banks - Part 1
Your loan and line of credit are important to the viability of your business. Do it right and you get what you want, provided the non-negotiable basics are in place. Part 2 will give you the in's and out's of a Successful Loan Presentation by Somers White.

Company Stickers- Adopt a Multidimensional Approach for Growth
If a business wants sustainable growth, it will have to rely on multidimensional promotional instruments, like; company stickers and CD jackets, for comprehensive achievement of the business objectives.

Instruments of Financing Real Estate
Most buyers of realty do not have enough cash to pay the full purchase price. Lenders want to be very certain they will be repaid. So they almost always require that the borrower give the lender the legal right to force the sale of the property if loan payments are not paid as promised. The three major instruments of finance used to protect lenders are the trust deed, the mortgage and the land sale contract.

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