Blog - Lien Solutions

Manage Exception Lists Faster, Easier

Written by Marina Hardy
Date March 2019

Understanding and managing the status of the motor vehicle liens’ portfolio can be challenging. Often times, inconsistencies or issues end up on the “Exceptions List”, that is then addressed manually by following up with the borrower, calling DMV, searching and pulling reports from multiple jurisdictions and places. Time is money, and too much of it is often wasted on this manual, tedious work. In addition, different DMVs and jurisdictions have varying levels of requirements’ complexity. With all of these variables, exceptions create a long road to perfection.

 

Delivering speed and visibility to captive finance companies

Written by Marina Hardy
Date March 2019

With a rich, 50-year history of manufacturing tractors, Kubota relies on its network of over 1,100 dealerships to deliver tractors to farmers all over the U.S. As their customers depend on Kubota to get the job done, so Kubota depends on its dealers to properly complete customer transactions and secure liens.

 

Enabling Digital Transformation in Banking Backend Systems

Written by Marina Hardy
Date February 2019

In the face of the digital transformation, banks and credit unions face many challenges and constraints.

 

What to Watch for When Filing In-house, Part II

Written by Lien Solutions
Date February 2019

Where the real answer lies: Section 9-506 of the Uniform Commercial Code The court explained that, under Section 9-506, the variation of a debtor name on the financing statement is not considered seriously misleading if it is uncovered during a search of the full, correct name using the filing office’s standard search logic and while […]

 

Lien Solutions visits answers a beacon from The Lighthouse

Written by Lien Solutions
Date January 2019
In News

The Lighthouse is a nonprofit education and service center that assists blind and visually impaired people and gives them the tools they need to live independently. As a member agency of the United Way of Greater Houston, The Lighthouse serves around 7,000 people every year and is one of the nation’s leading rehabilitation centers providing […]

 

What to watch for when you’re filing in-house, part 1

Written by Marina Hardy
Date January 2019

The modern financial landscape is growing increasingly more complex due to internal corporate pressures and external regulatory changes. In terms of secured lending processes, filing Uniform Commercial Code (UCC) forms correctly and in a timely manner is critical, yet full of complexity. Furthermore, monitoring the health of your liens and continuing your liens, if warranted, is equally important. This blog series will look at some of the things that cannot be missed if one is to securely file and manage UCCs, whether you file directly through a Secretary of State or use a law firm or other partner to file.

 

3 Rules to Building Strong Customer Partnerships

Written by Marina Hardy
Date December 2018

What does it take to create a long-term, successful business partnership with your customers? The kind of partnership that survives economic ups and downs and continues delivering benefits over many years, or even decades?

 

Proactive Risk Management More Important than Ever for Ag Lending Industry

Written by Marina Hardy
Date October 2018

It’s well established that America is one of the world’s primary breadbaskets.  U.S. farmers’ agricultural output outstrips all others. But American farmers prolific output has, at times, actually hurt them, rather than helped.

 

Lending in the Agriculture Sector: What Lies Ahead?

Written by Marina Hardy
Date September 2018

We recently had the opportunity to attend a large agriculture finance conference focused on risk in that sector. This year, the discussion centered on the weather, the global economy, and politics: risks that affect pricing of crops, loan health and the credit landscape.

 

Title washing and types of vehicle titles

Written by Lien Solutions
Date September 2018

Accuracy during the lending process is important; unfortunately, title washing can get in the way of learning about a car’s past. You want to know as much about the vehicle as possible to calculate its value and ensure you’re not lending the borrower more than the vehicle’s worth. Determining the vehicle’s true value, though, requires you to find the vehicle’s real title and history.