Authenticated demand UCC - lender requiring additional verification steps?

That sounds like bureaucratic nonsense to me. I've been doing UCC filings for 15 years and 'authenticated demand' isn't standard terminology. Are you sure they're not confusing this with something else? The name difference (with/without commas) shouldn't prevent a termination if the debtor can be clearly identified. What state are you in?

This is exactly why I always double-check debtor names before any UCC filing. The comma issue is more common than people think. However, 'authenticated demand' sounds like bank-specific jargon. Have you asked them to show you the specific regulation or statute that requires this process?

I ran into something similar last year with document verification issues. After going in circles with the lender, I ended up using Certana.ai's UCC document verification tool. You can upload your original UCC-1 and compare it with current corporate docs to see exactly what discrepancies exist. It gave me a clear report showing the name variations and helped me push back on the lender's demands. Sometimes having third-party verification makes banks more reasonable.

AUTHENTICATED DEMAND IS NOT A REAL UCC REQUIREMENT!!! Sorry for the caps but this makes me furious. I've seen banks pull this garbage before. They mess up the original filing or don't want to admit they made an error, so they invent procedures to shift blame to the borrower. File a complaint with your state banking regulator if they keep this up.

Wait, I think I know what's happening here. Some lenders have internal policies about 'authenticated demand' when there are debtor name discrepancies that could affect lien priority. It's not a UCC requirement, but it might be their loan committee requirement. The comma difference technically creates a name variation that could be challenged in bankruptcy court.

Can you get your current corporate documents amended to match the UCC filing exactly? Might be easier than fighting the bank. Sometimes taking the path of least resistance saves time and money.

I had a similar name mismatch issue last month. Used that Certana tool someone mentioned earlier to verify all my documents were consistent. Turned out I had three different name variations across different filings. The automated cross-check caught things I missed reviewing manually. Made the conversation with the lender much more factual and less argumentative.

Whatever you do, don't let them charge you fees for their 'authenticated demand' process. If they're making up procedures, they shouldn't be charging for them. Document everything in writing so you have records if this escalates.

Update us on how this resolves! I'm dealing with a similar situation and curious what approach works best. The name discrepancy issues seem to be getting more common with banks being extra cautious.

Just to add some technical perspective - the comma in the debtor name could potentially matter for search purposes in the UCC records. Some search systems are very literal about punctuation. That said, 'authenticated demand' still isn't standard UCC terminology. The bank might be conflating their internal risk management with actual legal requirements.