Extending Credit? Reduce Risk and Stress

Move to the front of the payment line as a secured creditor when you file UCCs. Reduce your risk and your stress with UCC filings. UCC-1 filings and Article 9 of the Uniform Commercial Code (UCC) help trade creditors get paid for the work they do.

UCC Filings Secure Your Equipment, Inventory and Receivables

Our holistic and cost-effective UCC filing programs will reduce your DSO, improve your cash flow and afford you the right to repossess your inventory or equipment. UCC filings can even increase your sales! With security in place, you can sell to previously unobtainable marginal accounts and increase your customer’s credit lines.

What is a UCC filing?

A UCC filing, also known as a UCC Financing Statement or UCC-1, is a document filed with the Secretary of the State which serves as public notice of a creditor’s security interest in certain collateral owned by their customer.

Minimize risk

Maximize profit

Peace of mind

Why File a UCC-1?

Protection. Yes, in an ideal business relationship, bills are paid in full and on time – every time. But in a credit-based economy, there is little chance for ideals. File UCCs to protect A/R, inventory and equipment, reduce write-offs and create sales opportunities.

Who Should File UCC Financing Statements?

If you are extending credit to your customer, you should implement a UCC filing program!

Distributors

Equipment Rental

Material Suppliers

Financial Institutions

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Leasing Companies

Factoring Companies

We Have Options to Best Meet Your Needs

Whether you need a full service provider to manage the entire UCC filing process or simple want to outsource the burdensome task of processing and recording UCCs, we’ve got flexible solutions to best meet your needs.

  • Essential UCC Filing Services: ideal for those who self-manage all data verification related to UCC filings and file PMSI in Equipment
  • Premium UCC Filing Services: ideal for those who want a service provider to manage the entire UCC filing process

 

Which Filing Is Right for Your Business?

Not sure which best fits your business? Don’t worry, we can help!

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Blanket

A Blanket filing is a security interest in all assets of your customer and is typically used in financing or selling services.
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Purchase Money Security Interest (PMSI)

A PMSI filing provides the same benefits as a Blanket file, plus you have priority of repossession of your inventory or equipment.
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Consignment

A Consignment filing, frequently used in retail, protects your goods in your customer’s possession until your customer sells the goods.
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Bailment

A Bailment filing protects your goods while they are temporarily in your customer’s possession for improvement.
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Warehousing

A Warehousing filing protects your goods when your inventory is held at a third-party location.
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Installment / Promissory Note

A Promissory Note is an agreement to pay a debt in installments or specific intervals. Filing a UCC-1 creates a public record of the debt.

Ready to Start a UCC Filing Process?

Feeling a little overwhelmed by the UCC filing process? It’s ok – our team is your team! When you partner with us you will have a dedicated Account Representative, a dedicated UCC Specialist, and access to a live support team to answer your questions.

Powered by our knowledgeable staff and fueled by technology, we’re prepared to assist with and manage all aspects of the UCC filing process for you. We believe everyone deserves to get paid for the work they do!

Filing UCCs is one of the most common trade credit practices and unfortunately there are scammers trying to take advantage. Read How to Spot an Avoid a Common UCC Filing Scam to learn more.