Construction Credit Solutions

BACK OFFICE SUPPORT SERVICES

When to order search reports

P.P.S.A. Search

> this search identifies all the secured creditors & their order of priority, what type of security is held, registration number, and expiry dates.

> this report should be ordered to supplement the credit application of a new customer where a credit line of $10,000. or more is being considered.  The report will help determine financial obligations.


Corporate Profile Report
> this report should be obtained prior to the commencement of legal proceedings, registration of any security documents and to verify directors & officers of the company.


Litigation Searches
> report helps to determine if there is any ongoing litigation, identifies plaintiff(s), defendant(s), court jurisdiction, dollar value & the nature of the litigation.

> report helps to determine some of the five C's of credit as well as determine the cost effectiveness of proceeding with a litigation.


Insolvency Searches

> report provides the name of the trustee, contact, telephone, date of the bankruptcy, and file number.

> best to order when trying to address insolvency rumors and to meet audit requirements for bad debt write offs.

> recommend filing proof of claim every time a customer files for insolvency.

Bankruptcy Proof of Claim Forms - completion of forms for dividends


Labor & Material Bond Claims


MTO Notices of Lien Claims


Quebec Denunciation Letters


Personal & Corporate Guarantees Drafts

General Security Agreements Drafts

Statement of Claim Drafts


Customer E-file setup system (electronic customer file system of documents)


Letter / form design service for credit approvals credit decline, audits, demand letters, credit applications


Credit Policy & Procedure Design


Skip Tracing


Locate unclaimed balances / dividends


Referral Service for:

> Third party collection agency

> Legal counsel services

> P.P.S.A. Registration

> Construction Lien Registration

> Consumer Credit Reports

> USA Commercial Credit Reports

CrediFacts provides our valued clients with Corporate and Personal Property Security Act (P.P.S.A.) Reports.  These reports are obtained through the various Provincial Ministries.


In today's business environment current and verified credit information is an absolute must. 


An incorrect legal name, lack of the most current bank and industry trade references will increase your uncollectible accounts.

TM

Commercial Business Services

CORPORATE PROFILE REPORT:

Legal Business Name

Registration Data / Status

Corporations registered address

Company Type

Directors of the Corporation


PPSA SEARCH REPORTS:

Secured Creditor Listing

General Collateral Description

Registration Number

Collateral Classification Being Secured

Registration File Number


OTHER SEARCH REPORTS:
Bankruptcy Search

Ontario Bulk Sales Search

Litigation Searches

Skip Trace Searches

WSIB Searches

Web Searches

Public Traded Company Financial Searches