What is Deposit Account Control Agreement (DACA)?

Deposit Account Control Agreement (DACA) is an agreement between a debtor, secure party and the debtors bank where the bank agrees that the secure party controls the deposit account of the debtor. This agreement is part of the Uniform Commercial Code UCC §9-104

Audio Definition/Pronunciation

Debt Financing vs. Equity: What’s Right For Your Business?

Reading time: 3 mins When it comes to financing your business, how do you k...
Read More


OTHER TERMS BEGINNING WITH "D"