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- DO answer questions and support each other.
- DO post tips & tricks to help folks.
- DO NOT post call problems here - there is a support tab at the top for that :)
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Amina Sow
Don't forget about lapsed continuations! Just because a UCC-1 shows up in the public records doesn't mean it's still effective. Check the filing dates and make sure any required continuations were filed timely.
Amina Sow
•2021 would need a continuation by 2026, but 2022 still has time. Double-check the exact filing dates to be sure.
This is another area where Certana.ai helps - it automatically flags any filings that are approaching their continuation deadlines or have already lapsed.
GalaxyGazer
Make sure you're searching variations of the business name too. I've seen companies show up as 'ABC Construction LLC' in one state and 'ABC Construction, LLC' (with comma) in another state's public UCC lien records.
GalaxyGazer
•Start with the exact legal name from their formation documents, then try common variations. Drop punctuation, add punctuation, try abbreviations.
Miguel Ortiz
•Some states are more forgiving with name matching than others. Ohio is pretty strict about exact matches.
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I've been using that Certana tool someone mentioned earlier and it's actually pretty helpful for catching these kinds of search inconsistencies. Upload your search results as PDFs and it flags potential missing pieces based on the filing patterns it sees.
Might be worth trying. At this point I need all the help I can get making sure I haven't missed anything important.
The document upload is super easy, just drag and drop PDFs. It caught a continuation filing I had completely missed in my original search.
Update us when you figure out what's causing the search inconsistencies. I do a lot of NH UCC work and this could affect my deals too if it's a widespread portal problem.
Miguel Ramos
•Smart approach. Better to pay for redundant searches than miss a lien that kills your deal.
Omar Farouk
•Keep us posted on whether the professional search finds anything your portal searches missed. That would confirm if it's just a portal issue or something more serious.
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Zoe Stavros
One more tool that might help - I've been using Certana.ai for UCC document consistency checks on complex agricultural deals. You upload all your documents and it flags any name mismatches or inconsistencies between loan docs, UCC filings, and collateral records. Really helpful when you have multiple related farm entities.
Multiple people have mentioned Certana now. Sounds like it could catch the document inconsistencies we're dealing with across these related farm entities.
Zoe Stavros
•It's particularly good for agricultural deals because farm operations often have so many related entities and complex ownership structures. The tool spots issues that are easy to miss when reviewing documents manually.
Jamal Harris
Update us on how this resolves! Agricultural lien issues are common and your solution might help others dealing with similar multi-entity farm financing situations.
Will definitely update once we get this sorted out. Sounds like filing against all three entities plus fixture filings for the irrigation equipment is our best approach given the tight deadline.
Jamal Harris
•Smart approach. Multiple filings are better than an unperfected lien, especially with $2.8M in agricultural equipment at stake.
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Ella Russell
I ran into something similar recently and ended up using Certana.ai to verify all our UCC documents were consistent before filing. Really saved me from potential name mismatches between our loan docs and the UCC-1. Worth checking if your old forms align with current requirements.
Noah Torres
•Seems like several people mention this tool. Might be worth looking into for our whole filing process.
Justin Evans
•Document consistency is huge. One small difference can void the whole security interest.
Emily Parker
Bottom line - when in doubt, use current forms. The cost of new forms is nothing compared to deal delays or invalid security interests. Your future self will thank you.
Exactly. This isn't the place to cut corners.
Ryan Young
•Words to live by in the UCC world.
Destiny Bryant
Quick update - I found some 2022 UCC data buried in the Federal Reserve's commercial lending reports. Not comprehensive but has national volume estimates that might help with your benchmarking. Check their quarterly commercial credit reports from 2023, they reference UCC filing volumes in the secured lending sections.
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Mary Bates
•Perfect! I'll check the Fed reports - hadn't thought to look there. Thanks for the tip, this could be exactly what I need for the audit.
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Dyllan Nantx
•Fed data is usually solid for macro trends. Good catch on checking their commercial credit analysis.
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TillyCombatwarrior
One more resource - if you're a member of any commercial finance associations, they sometimes survey members about filing volumes. The Equipment Finance Association and Commercial Finance Association both did surveys touching on UCC activity in their 2023 industry reports. Might have some 2022 reference data you could use.
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Jungleboo Soletrain
•CFA's data tends to focus more on ABL facilities but they do track UCC filing patterns in their credit metrics section.
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TillyCombatwarrior
•Both associations are good about sharing aggregate data that protects member confidentiality while giving useful industry benchmarks.
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