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  1. #1

    Not filing UCCs

    Which lenders don't file UCCs

  2. #2
    Quarterspot

  3. #3
    Senior Member Reputation points: 23702
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    Many lenders are getting away from the practice to protect their client base.

  4. #4
    Here at American Funding Group we don't file UCCs. PM me for an ISO Agreement.

  5. #5
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    Quote Originally Posted by American Funding Group View Post
    Here at American Funding Group we don't file UCCs. PM me for an ISO Agreement.
    You will fund a million dollar deal and not file a ucc ? is there a coj ?

  6. #6
    Senior Member Reputation points: 50566 ADiamond's Avatar
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    I think it's safer to just file a UCC upon the verge of a default. What difference does it make beside positioning? And even so, if you position yourself as first - how effective can it actually be when it is enforced?
    Anthony Diamond
    Underwriter

  7. #7
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    Quote Originally Posted by ADiamond View Post
    What difference does it make beside positioning? And even so, if you position yourself as first - how effective can it actually be when it is enforced?
    ^^^ "Underwriter"

  8. #8

    Not filing UCCs

    UCC filings are killing this industry

  9. #9
    Correct! We don't file a UCC but we do get a notarized COJ.

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