UCC Document Community

That sounds really useful. I usually have to manually compare everything which takes forever and I still miss stuff sometimes.

Same here. The manual checking is such a pain, especially with long collateral descriptions.

Agreed. The writing requirement isn't going away so might as well comply with it properly.

Definitely use one of those document checking tools too. I learned that lesson the hard way after a filing got rejected for name mismatches.

Good idea. I should probably understand exactly what the UCC lien meaning is for my filing instead of just worrying about it.

Most Secretary of State websites have UCC search functions where you can look up filings by business name or filing number. Usually costs a few dollars but worth it for peace of mind.

Thanks, that's reassuring. I guess I was overthinking what UCC lien meaning was for my business.

yeah most business owners go through this same confusion the first time they see a UCC filing. It's normal secured lending, nothing more complicated than that

This is a good point. Most loan agreements don't make notification failure a basis for voiding the entire security interest.

I need to dig deeper into the loan agreement language. The notification clause is pretty vague about what happens if it's not followed.

Thanks everyone. This has been really helpful in understanding the difference between UCC requirements and contractual obligations. I feel much better about my position now.

Glad we could help clarify things. These notification issues trip up a lot of people but they're usually not as serious as they first appear.

True, their timing rules are simple. It's just the search function that's completely broken.

Yep, if they could fix the search algorithm they'd actually have a decent system. The documents themselves are clear and well-organized.

I'll type up the main points: Always try with/without periods after abbreviations, spell out Corp/Inc/LLC vs abbreviated, try both 'Company Name, Inc.' and 'Company Name Inc.', check for middle initials in personal names, and try the name both with and without 'The' at the beginning.

This is gold, thank you! I'm copying this for my team. We do a lot of Kansas deals and this will save us tons of time.

And make sure any new UCC-1 filings use your current legal name, not the old one.

This is exactly the type of situation where document verification tools are helpful - they can check your current formation documents against existing UCC filings to spot name inconsistencies.

Good luck with your equipment financing. Sounds like you're asking the right questions.

Smart approach. Double-checking those details upfront is always worth the extra time.