CREDIT
AND COLLECTION SERVICES
---------MANAGING RISK / GETTING SECURED
Risk management is about having a safety net, a fall back
position, an exit strategy. Accepting a very large purchase
order or contract without these elements is like going
on a cruise ship without lifeboats or vests. You simply
hope and pray for a good outcome.
There are many safety nets available to help with risk
management:
Third-party guaranty |
Perfected Security Interest |
Purchase Money Security
Interest |
Personal guaranties |
Security thru Deed of
Trust |
Security thru vehicle
ownership |
Assignment of lien rights |
Corporate guaranties |
Perfection of Lien rights |
Each type of collateral has its place in the hierarchy
of a CFO or credit manager’s tool box. The key is
understanding their value and how to execute. A brief description
of each is shown in the FAQ section of this site. Better
yet, call or email and we would be glad to discuss the
best type of safety net for your purposes.