UCC Document Community

Whatever you do, make sure you proofread everything carefully! I once had a UCC-1 rejected because I typo'd "machinery" as "machinary" in the collateral description. Such a stupid mistake but it held up the whole closing.

Just wanted to add one more consideration - timing. Since you mentioned closing is next week, make sure you check the processing times for UCC-1 filings in your state. Some states have same-day or 24-hour processing for online filings, but others can take 3-5 business days. If you're cutting it close, you might want to call the filing office to confirm processing times. Nothing worse than having a closing delayed because the UCC-1 didn't get processed in time for the title company or lender to verify the filing. Also, once you file, make sure to get the file-stamped copy immediately for your closing documents. Most lenders want to see the actual filed UCC-1 with the file stamp and date before they'll fund.

Bottom line is UCC fees are going to keep increasing and there's not much we can do about it except factor them into loan pricing. Focus on reducing other costs where possible and making sure your filings are done right the first time to avoid duplicate fees.

New to the secured lending space and this thread is eye-opening about UCC costs! I'm setting up a small asset-based lending operation and was budgeting $20 per filing based on old info. Sounds like I need to revise those projections significantly. Are there any resources for tracking current UCC fees by state? Would hate to get surprised by fee increases after we're already operational.

Update us when you get it figured out! I'm sure other people will run into the same character limit issues with addendums. Always helpful to know what actually works in practice vs what the instructions say.

I've dealt with this exact same issue multiple times! The character limits are incredibly frustrating. Here's what I've found works best: First, try using broader category descriptions like "Manufacturing Equipment" or "Production Machinery" instead of listing every serial number. Second, make sure you're using the attachment feature properly - most states allow you to reference "See Attachment A" in the collateral field and then include a detailed schedule as a separate page. Third, and this is crucial - verify that your debtor name matches EXACTLY with the original UCC-1, including all punctuation and spacing. Even tiny differences will cause rejections. I'd also recommend calling the Secretary of State's UCC division directly - they're usually more helpful than you'd expect and can tell you exactly what format they want. Don't let your lender pressure you into rushing this - it's better to get it right the first time than deal with priority issues later.

Ugh NY filing system strikes again. I swear they make it difficult on purpose. Hope you get it sorted out soon!

I've been through this exact nightmare with NY DOS! Here's what finally worked for me after weeks of rejections: First, do a UCC search on their website and copy the debtor name character-for-character from the search results display - that shows you exactly how it's stored in their system. Second, check for invisible characters by pasting the name into a text editor that shows whitespace/formatting marks. Third, make absolutely sure you're using the correct UCC-3 form type (addendum vs amendment). NY's system is ridiculously picky but once you get the exact match it should go through. Also double-check that your 30-day perfection window hasn't expired - you might need to expedite the filing if you're running close. Good luck!

For what it's worth, I've found that Georgia's search works better during off-peak hours. Mid-morning and late afternoon seem to give more reliable results than early morning or end of day.

Bottom line - never trust a single UCC search in Georgia. Always run multiple variations and if you're doing high-stakes due diligence, consider using a verification tool or commercial service. The stakes are too high to rely on the state's inconsistent search algorithm.