UCC filings are a common practice lenders use to secure a business loan, but it’s important you understand how they work and their repercussions. Many, or all, of the products featured on this page ...
Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Jared Ecker is a researcher and fact-checker. He ...
The UCC‑1 form is a staple of any secured lending practice. In the wake of the 2022 proposed Uniform Commercial Code (UCC) amendments, which have been adopted in 24 jurisdictions, many jurisdictions ...
Commercial loan transactions which are secured by personal property assets require the completion of certain due diligence under the Uniform Commercial Code (the "UCC"). As any experienced commercial ...