Using Collateral to Make the Sale

Creating a Security Interest Under the UCC

The headlines paint a grim picture. Growth is down, interest rates continue rising, small businesses are facing a credit crunch, commercial bankruptcies are skyrocketing and experts see an emerging threat:

• Washington Post: U.S. economy grew at 1.1% in early 2023, points to ‘significant slowing’

• Forbes: Rising Interest Rates Lead To A Small Business Credit…