UCC Document Community

Had a UCC-1 filing statement come back rejected yesterday and I'm trying to figure out what went wrong. The rejection notice says "debtor name format error" but I triple-checked the name against our loan docs and it matches exactly. Filed for a commercial equipment loan on a small manufacturing company in Ohio. The debtor entity is "Advanced Precision Tools LLC" and that's exactly how I entered it in the UCC filing statement. Anyone run into this before? The collateral description was pretty straightforward - all machinery and equipment located at their facility. Really frustrated because the continuation deadline is coming up on another file and now I'm second-guessing everything.

Running into problems with a UCC-1 filing for a security pledge agreement and hoping someone here has dealt with this before. We're securing a $275K equipment loan with manufacturing equipment as collateral, but the debtor entity name on our security pledge agreement doesn't exactly match what's showing up in the Secretary of State business registry. The pledge agreement lists the company as "Precision Metal Works LLC" but their official registration shows "Precision Metalworks, LLC" (no space between Metal and works, plus different comma placement). Our lender is requiring the UCC-1 filing to be completed within 30 days of loan closing, which is coming up fast. I've heard that even minor name discrepancies can cause UCC-1 rejections or worse - make the entire security interest invalid. Has anyone dealt with similar debtor name matching issues when filing UCC-1s for security pledge agreements? Should we amend the pledge agreement first or try to file the UCC-1 with the exact registry name and hope it doesn't create conflicts with our loan documentation?

I'm working on a UCC-1 financing statement for equipment financing and running into issues with the debtor name section. The business operates under multiple names and I'm not sure which version to use as the primary debtor name. The borrower has their legal corporate name registered with the state, but they also have several DBAs they use for different divisions. I've heard that getting the debtor name wrong can invalidate the entire filing, which would be a disaster for our security interest. Has anyone dealt with similar situations where the debtor has multiple business names? What's the safest approach to ensure the UCC-1 gets accepted and properly perfects our lien? I'm particularly concerned about how strict the filing office is with exact name matching.

Has anyone dealt with Illinois SOS rejecting a UCC-3 continuation because the debtor changed their legal name after the original UCC-1? I'm trying to continue a filing that expires next month but the system keeps kicking it back. The original UCC-1 from 2020 has the debtor as "Midwest Industrial Supply LLC" but they changed to "Midwest Supply Solutions LLC" in 2022. I included both names in the continuation but it still got rejected. Article 9 UCC Illinois rules seem really strict about exact name matches. The collateral is manufacturing equipment worth about $850K so I can't let this lapse. Anyone know the correct procedure for name changes in Illinois continuations?

I'm dealing with a mess here and need some guidance. We completed a UCC-1 filing through the Georgia Secretary of State portal last month for a $180k equipment loan, but when I ran a UCC search today to verify everything went through correctly, the debtor name is showing up differently than what we originally submitted. The business name on our loan docs is 'Peachtree Medical Equipment LLC' but the Georgia SOS UCC search is displaying 'Peachtree Medical Equipment, LLC' - notice the comma before LLC. Our lender is now questioning whether the lien is properly perfected since the names don't match exactly. I double-checked our original UCC-1 form and we definitely submitted it without the comma. Has anyone dealt with the Georgia Secretary of State UCC search system automatically adding punctuation to business names? I'm worried this could void our security interest if the debtor name doesn't match the charter documents exactly. The filing shows as accepted but I'm not sure if this discrepancy will cause problems down the road.