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Filing 20222076873

Columbine Masonry, LLC · secured party Forward Financing LLC

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Prototype. Filings are real public records from state UCC open-data portals. Scores and MCA labels are unverified signals from public records, not findings of distress; verify before any external use.

Why this score

Lien timeline 1 event

  1. · Lien filed
    Forward Financing LLC (mca)

Collateral, as filed

Filing 20222076873
THE COLLATERAL INCLUDES FUTURE RECEIVABLES SOLD BY DEBTOR AND PURCHASED BY FORWARD FINANCING LLC. THE SALE OF THE FUTURE RECEIVABLES IS INTENDED BY THE PARTIES THERETO TO BE AN OUTRIGHT SALE OF SUCH FUTURE RECEIVABLES AND NOT INTENDED TO BE, NOR IS IT TO BE CONSTRUED AS, A FINANCING OR AN ASSIGNMENT FOR SECURING THE OBLIGATIONS OF THE SELLER. IN ADDITION, THE AGREEMENT PROHIBITS SELLER FROM INCURRING ANY DEBT, TRANSFERRING FUTURE RECEIVABLES TO ANY OTHER PERSON, OR GRANTING ANY SECURITY INTERESTS IN ITS ACCOUNTS RECEIVABLE OR OTHER ASSETS UNTIL BUYER HAS RECEIVED ALL AMOUNTS DUE UNDER THE AGREEMENT.

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