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Irreconcilable Differences: How MCA Abuse of “Reconciliation Rights” Threatens Collateral

Trade Credit & Liquidity Management

But in practice, many MCA funders either ignore reconciliation requests altogether or use procedural hurdles to render the right meaningless. This, in turn, accelerates borrower distress and can trigger defaults and creditor enforcement actions — such as UCC 9-406 notice redirection — in a self-reinforcing downward spiral.

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Ensure Your Credit & Collection Policy Aligns With Your Company’s Objectives

Trade Credit & Liquidity Management

Use the month-end report to identify action items Please help us grow the T rade Credit & Liquidity Management community by sharing this Article. Collateral and Securitization Leverage Opportunities Offered by the Uniform Commercial Code (UCC): A seller can securitize shipments to a customer through the Uniform Commercial Code.

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Maximize Recovery, Preserve Your Interests Under UCC Article 9

Trade Credit & Liquidity Management

(Photo by Melinda Gimpel on Unsplash ) There is an efficient, inexpensive, and out-of-court option available for resolving and relaunching an insolvent business operation under Article 9 of the Uniform Commercial Code. The problem is that they are bound by laws and bureaucratic procedures that make efficient liquidation an impossibility.

UCC 40