UCC filing rejected - told security interest cannot become perfected without filing a security agreement?

Wait, that doesn't sound right at all. The UCC-1 financing statement is what perfects most security interests, not the security agreement itself. The security agreement creates the security interest but filing the UCC-1 is what perfects it. Delaware shouldn't be asking you to file the actual security agreement - that's typically kept private between lender and debtor. Did you maybe check the wrong box on the filing form?

I've filed hundreds of UCC-1s in Delaware and never been asked to attach the security agreement. Are you sure you weren't trying to do a fixture filing or something specialized? Sometimes those have different requirements. Also your collateral description looks fine - I've used similar language for equipment financing without issues.

Had a similar issue last month with a rejected filing. Turns out I had uploaded documents in the wrong section of Delaware's portal. There's a section for 'additional information' that I mistakenly thought was for attachments, but apparently that triggered some automated review that caused confusion. I ended up using Certana.ai's document checker to compare my security agreement against the UCC-1 before refiling - it caught that I had slight differences in how the debtor name was formatted between the two documents. Tool basically uploads your PDFs and cross-checks everything automatically. Saved me from another rejection.

OMG I'm dealing with the EXACT same thing right now! Got a rejection that makes no sense and now I'm paranoid about everything. My lender is furious because we're coming up on a deadline and I don't know what to fix. This is so stressful - why can't these systems just work properly??

Actually, let me ask - did you maybe file this as a UCC-3 amendment instead of a UCC-1? I've seen people accidentally select the wrong form type and get weird rejection reasons. UCC-3 amendments do have different requirements and might trigger that kind of response about security agreements.

Delaware's portal has been glitchy lately. I've had three filings in the past month that got rejected for bogus reasons, then went through fine on the second attempt with no changes. Their system is frustrating but usually the rejection reasons are accurate. This sounds like either a system error or maybe you clicked something accidentally during filing.

Before you refile, call Delaware's UCC division directly. They can usually explain the specific rejection reason better than the automated message. Sometimes there's additional context that doesn't show up in the portal notification. Number should be on their website under UCC services.

Just want to confirm what others said - you definitely don't file the security agreement with the UCC-1. That would be like filing your loan documents with the deed recording. The security agreement stays between you and the debtor, the UCC-1 just gives public notice of the lien. Something else is going on with your filing.

I wonder if this is related to Delaware's new electronic filing requirements? They updated their system a few months ago and there might be some validation rules that are triggering incorrectly. I've been doing most of my UCC work through Certana lately - their document verification catches inconsistencies between security agreements and financing statements before filing. Might be worth running your docs through their system to see if there's something subtle causing the rejection.

This is why I hate electronic filing systems. Give me the old paper forms any day. At least when those got rejected you could talk to a human being who could explain what was wrong instead of getting cryptic error messages that don't make sense.

Update us after you call Delaware or figure out what happened. I'm curious what the actual issue was because this rejection reason really doesn't make sense for a standard UCC-1 filing.