Mezzanine Loan Forclosure
Forward from the NY Law Journal
For those of us in the commercial lending arena, knowing about unique capital stack, first position trust deeds, preferred equity, common equity, & "Mezz debt" are a part of everyday life. Having a good legal advisor, understanding UCC Liens, Loans, and such, also helps in structuring, both creative, and positive deals for your clients.
In an effort to educate my friends, followers, current clients, and future clients, please follow the link below for more of a detail explanation on Mezz debt foreclosure.
https://bit.ly/1uplendingmezzdebt
As a little bonus I will include a link to some information on UCC Liens. Lets start out with what is a UCC Lien?
A UCC lien, or UCC filing, is a notice that a lender has a security interest in one or more of your assets. The term comes from a collection of established rules that govern how commercial transactions work in the United States, called the Uniform Commercial Code (UCC).
Do you want to search for UCC Liens in NY? Great! We here at 1 Up Lending can assist you in funding, associated with UCC's! Take a look here. (Also, understand that most states have a web portal similar to this, look around for it).
https://bit.ly/UCCSearchNYS1uplending
As always, 1 Up Lending is here for all your commercial lending needs!
Thanks for all your support, and please call our office for any of your commercial lending needs.