UCC Document Community

Whatever you do, don't let your refi deadline pass while waiting for Sunrun. If rates keep climbing you could lose more money than it's worth. Maybe ask your lender if they'll accept an escrow arrangement or other alternative until the termination gets filed.

This is such a common problem with solar companies - they're great at selling and installing but terrible at the backend paperwork. I went through something similar with SunPower a few years ago. One thing that helped me was finding the original UCC-1 filing number and referencing it in every communication with them. Also, if you're in California, there's actually a specific solar consumer protection law that requires timely lien releases. Check if your state has similar protections. In the meantime, I'd definitely follow the advice about escalating to their Asset Management or Customer Advocacy department - regular customer service literally doesn't have access to the systems that handle UCC filings. Good luck with your refi!

Just to add another data point - I filed a termination in PA last week and it showed up in search results within 24 hours. So their system is working for some filings but maybe not others. Very inconsistent.

I've been dealing with PA UCC searches for years and this sounds like a classic indexing issue with their database. Given that you have the filed-stamped copy from March, your continuation is almost certainly properly recorded - it's just their search function that's failing. I'd recommend three things: 1) Call their UCC office directly (as others suggested) to get verbal confirmation, 2) Try searching with slight variations of the debtor name (remove periods, try different abbreviations), and 3) Document everything for your client file including screenshots of the inconsistent search results. For a $2.8M deal, you might also want to consider getting a certified search from a professional service to give your bank the comfort they need while PA sorts out their technical issues.

Glad you asked this question because I was wondering the same thing for my upcoming equipment purchase. This thread has been super helpful understanding what to expect from the lender and what documents I need to review carefully.

One thing worth mentioning is that UCC-1 filings also affect your ability to sell the equipment. Since the lender has a perfected security interest, you typically can't sell those excavators without either paying off the loan first or getting the lender's permission to transfer the lien to a buyer. This is pretty standard but something to keep in mind for future business planning - those assets are essentially tied up until the loan is satisfied.

Update: Thanks everyone for the Delaware UCC code guidance. Went with the fixture filing route and included the full legal property description. Filed yesterday and it was accepted this morning. The collateral description format suggested earlier worked perfectly.

As someone new to Delaware UCC code fixture filings, this thread has been incredibly helpful! I'm working on a similar situation with commercial kitchen equipment installation and was completely unsure about the fixture vs. standard UCC-1 decision. The advice about filing before installation to avoid the 20-day deadline pressure makes a lot of sense. One question - for equipment that's semi-permanently installed (like commercial ovens that are connected to gas lines but could theoretically be removed), how do you make the fixture determination under Delaware UCC code? Is there a specific test or factors to consider?

One more thing - if you're unsure about any debtor name formatting, you can do a UCC search first for $10 to see how similar companies are listed in their system. Sometimes helps avoid rejections.

Just wanted to jump in as someone new to UCC filings - this thread has been incredibly helpful! I'm preparing to do my first Illinois UCC-1 filing next month and was completely lost on fees and procedures. The $30 per initial filing info and tips about exact name matching are exactly what I needed. Quick question - for someone doing their first filing, would you recommend doing a test search first to make sure I understand the portal before submitting the actual UCC-1? I'd rather spend $10 on a search than risk a $30 rejection and having to refile.