The foodservice industry is on track to lose $240 billion in sales by the end of 2020. As a creditor supplying goods, equipment, or services to the foodservice industry, how can you reduce your credit risk? UCCs.
In this article, you will learn the basics of UCC filings, the important role UCC filings play in these industries, which UCC filing is right for you and what steps to take in the event your customer defaults and/or sells the business when you have a UCC in place.
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