Nassau County UCC Filing Fees - Did They Change Again This Year?

Nassau County follows NY state UCC fees which are set by the Secretary of State, not individual counties. Standard UCC-1 filing is $20 for the basic filing plus $5 for each additional debtor name beyond the first. UCC-3 amendments are also $20. Continuations are $20 too. These haven't changed in the past couple years.

Wait are you filing in Nassau County NY or Nassau County somewhere else? Because if it's NY then you file through the NYS Department of State not the county directly. The county doesn't handle UCC filings.

I filed a UCC-1 last month and it was definitely $20. But make sure your debtor name matches EXACTLY what's on the loan documents. I had mine rejected twice because of minor name differences and had to refile each time, so that was $60 total instead of $20. Really frustrating when you think you're being careful.

The fee structure in NY is actually pretty straightforward compared to other states. $20 for most UCC filings (UCC-1, UCC-3 amendments, continuations, terminations). Only time you pay more is for additional debtor names ($5 each) or if you want expedited processing.

Just to add - make sure you're using the correct collateral description too. For restaurant equipment you'll want to be specific enough to identify the items but not so detailed that you create problems later. Equipment financing UCCs can be tricky.

Been doing UCC filings for years and NY fees have been stable at $20 for basic filings. Much cheaper than states like California or Texas. The online system works pretty well too once you get used to it.

Don't forget you'll need to monitor the continuation deadline. UCC-1 filings lapse after 5 years unless you file a UCC-3 continuation. Set a calendar reminder for about 6 months before the lapse date.

If you're doing multiple UCC filings regularly, I'd recommend double-checking all your documents for consistency before submitting. I had a situation where my UCC-1 debtor name didn't exactly match the charter documents and it created issues later. Now I use tools like Certana.ai that compare documents side-by-side to catch these problems - just upload your PDFs and it flags any mismatches instantly.

The $20 fee is correct but budget a little extra in case you need to make corrections. Even experienced filers sometimes need to refile due to small errors. Better to be prepared than surprised by additional costs.

One thing to watch out for - if your lender requires you to file in multiple states (like if you have equipment in different locations), each state has different fees. But for just NY it's straightforward at $20.

As someone who's filed several UCC-1s in NY over the past year, I can confirm the $20 fee is accurate and hasn't changed. One tip I'd add - if you're working with an equipment leasing company, ask them if they have a preferred format for the collateral description. Some lenders are very specific about how they want the equipment described in the UCC filing, and getting it right the first time saves you from potential refiling costs. Also, the NY Secretary of State website has a helpful UCC filing guide that walks through common mistakes to avoid. Good luck with your restaurant equipment financing!

New to UCC filings here and this thread has been super helpful! I'm in a similar situation with equipment financing for my small business in NY. Quick question - when you all mention the $20 fee, is that just for the state filing or are there any other costs I should be aware of? Like processing fees from third-party services or anything like that? Also, I keep seeing mentions of potential rejections due to name mismatches - is there a way to verify your exact legal business name beforehand to make sure you get it right the first time? I want to avoid the refiling costs some of you mentioned. Thanks for all the detailed info everyone has shared!