uniform commercial code definition

uniform commercial code definition

Glossary: uniform commercial code

Uniform Commercial Code is a set of standard rules, adopted by states in US, that governs commercial transactions. The Uniform Commercial Code Bureau files and maintains record on financial obligations (including IRS liens) incurred by individuals (in business as a sole proprietor), business entities and corporations.


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Business Consulting

Definition: uniform commercial code

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The invoices you issue upon a sale are sent to the factor who typically advances up to 80 to 90% of the invoice amount to you.

Factoring Glossary - Define: uniform commercial code - 2004 HJ Ventures International, Inc.