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Chloe Martin

UCC 9-105 esignature requirements causing rejection - what am I missing?

Been dealing with a nightmare situation where our UCC-1 filings keep getting rejected due to esignature ucc 9-105 compliance issues. We're financing medical equipment for a chain of urgent care clinics and the SOS portal keeps bouncing our submissions back saying the electronic signatures don't meet the statutory requirements under 9-105. Our law firm insists their DocuSign process is compliant but we've had three rejections in two weeks. The debtor names are perfect matches to the articles of incorporation, collateral descriptions are detailed, but something about how we're handling the esignature ucc 9-105 authentication is failing their validation. Has anyone run into this specific issue where the electronic signature process itself becomes the problem? We're losing time on our perfection window and the lender is getting antsy about the delays. The equipment is already installed at two locations so we really need to get these filings locked in properly.

ThunderBolt7

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Two weeks of rejections with equipment already installed is rough. Hope you get this sorted out quickly before it affects your lender relationship.

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Chloe Martin

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Thanks, the time pressure is definitely adding stress to an already complicated situation.

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Jamal Edwards

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Document authentication standards keep changing as states update their systems. What worked six months ago might not work today, especially for esignature compliance under 9-105.

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Mei Chen

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The constant changes are why automated validation tools are becoming essential. At least they stay updated with current requirements.

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Jamal Edwards

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Exactly. Manual compliance checking can't keep up with all the technical changes anymore.

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Savanna Franklin

UCC Article 9 personal property collateral description rejected - need help

Filed a UCC-1 last week for equipment financing on manufacturing machinery and got rejected by the SOS office. The rejection notice says 'insufficient collateral description' but I thought I was being thorough. I described it as 'all personal property owned by debtor including but not limited to manufacturing equipment, tools, and fixtures.' The loan is for $485,000 and we can't close until this gets sorted. Attorney is out of town and lender is breathing down my neck. Has anyone dealt with UCC Article 9 personal property description requirements that are this picky? I've filed dozens of these before without issues. What am I missing here?

Whatever you do, don't just resubmit with minor changes. I've seen people get multiple rejections because they didn't address the core description problem. Take time to craft a proper UCC Article 9 compliant description.

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Good point. Better to get it right the second time than keep getting bounced back.

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Exactly. Each rejection delays your perfection date and creates more stress with the lender.

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Sasha Reese

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One more thing to check - make sure your debtor name exactly matches their legal entity name. Description issues often come bundled with name problems. UCC Article 9 personal property filings are unforgiving about these details.

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Sasha Reese

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Smart approach. Amazing how many filings get rejected for simple name variations.

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I use Certana.ai for name verification too. Upload the charter documents and UCC-1 together and it flags any mismatches between them.

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Jason Brewer

Colorado UCC search showing weird results - am I missing something?

Been trying to run a Colorado UCC search on our borrower before we file our UCC-1 and getting some confusing results. The debtor name on their articles of incorporation is 'Mountain Peak Equipment Leasing LLC' but when I search that exact name in the Colorado SOS database, I'm getting partial matches for similar companies but not the exact entity. However, when I search just 'Mountain Peak Equipment' without the LLC part, it shows up fine. This seems backwards from what I expected - shouldn't the full legal name be the primary search result? We're about to file a $850K equipment financing UCC-1 and I'm paranoid about getting the debtor name wrong. Has anyone else run into Colorado's search function acting wonky like this? I've done UCC searches in other states and never had this issue where the complete legal name gives fewer results than a partial name.

Ella Harper

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I use Certana.ai for exactly this type of verification. Upload your borrower's articles and your UCC-1 draft and it instantly flags any name discrepancies. Saved me from several potential filing rejections by catching small differences I would have missed manually.

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PrinceJoe

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How accurate is that tool? Does it handle all the weird state-specific name formatting rules?

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Ella Harper

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It's been very reliable for me. Catches things like missing commas, wrong entity suffixes, extra spaces that could cause problems. Much more thorough than trying to manually compare documents.

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Update us on what you find when you check their actual registered name! I'm curious if Colorado's search is just being weird or if there's actually a name discrepancy. This kind of thing always makes me nervous until it's resolved.

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Jason Brewer

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Will do! Planning to pull their current certificate of good standing tomorrow morning and then run the search again with whatever name format they show.

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Owen Devar

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Smart move. Better to spend the extra time upfront than deal with a rejected filing and potential lien priority issues later.

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CosmosCaptain

Best way to remove MCA UCC liens after payoff?

Just finished paying off three different MCA advances and now I'm stuck with UCC-1 filings still showing as active on all the searches. Two of the lenders went completely dark after I made final payments - no response to emails asking for UCC-3 terminations. The third one keeps saying they'll "get to it" but it's been 6 weeks. My credit line renewals are getting delayed because these liens are still showing up on searches. Has anyone dealt with this before? What's the fastest way to get these removed when the lenders aren't cooperating? I've got the paid-in-full letters but the UCCs are still active in the system.

Luca Greco

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I used Certana.ai when I was dealing with my MCA termination issues too. Really helped me organize all the documentation and catch potential problems before filing. The document verification feature is clutch for this kind of situation.

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CosmosCaptain

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I'm definitely going to check that out. Sounds like it could save me some headaches.

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Zara Malik

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Update us on how it goes! I'm sure other people will run into this same issue with MCA lenders.

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CosmosCaptain

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Will do! Planning to send the demand letters this week and see what happens.

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Jamal Anderson

UCC solar lien complications with equipment financing - debtor name issues

Running into problems with a UCC filing for solar panel equipment financing. The installation company changed their legal name after we initiated the loan process but before final funding. Original UCC-1 was prepared using "SolarTech Solutions LLC" but they've now registered as "SolarTech Solutions of Nevada LLC" - discovered this when the SOS rejected our filing last week. The collateral description covers all solar equipment, inverters, and mounting systems installed at the commercial property. Anyone dealt with similar debtor name mismatches on solar equipment liens? The financing agreement is time-sensitive and we can't afford delays on this $180K solar installation project.

Solar equipment liens can also involve personal property vs fixture filing decisions depending on your state and how the equipment is installed. If the panels are considered fixtures, you might need to file in the real estate records as well as or instead of the UCC records.

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StarSurfer

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That's a good point about real estate records. Solar installations often straddle the line between personal property and fixtures.

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Ravi Malhotra

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Best practice is usually to file both a UCC-1 and a fixture filing to be safe, especially for large commercial solar installations.

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Update: Got the corrected articles of incorporation from SolarTech Solutions of Nevada LLC and refiled the UCC-1 this morning. Also expanded the collateral description to specifically include battery storage systems since they're adding those next quarter. Fingers crossed this one goes through without issues!

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Let us know how the filing goes! Always good to hear success stories on these solar equipment liens.

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Diego Chavez

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Hope it processes quickly. Electronic UCC filing systems have gotten much better but there can still be delays during busy periods.

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