Yeah I was looking more so to secure certain equipment pieces with a non-blanket UCC and hold the title. I think we could maybe bypass other "blanket UCC" lenders by being more specific with ours and taking the title. If a non-specific financier or other MCA just did some random financing with a blanket UCC, they might not even know exactly what equipment there is. That's why I wanted to see specific liens/title holders as opposed to blanket UCC's that may be filed by a 3rd party which would be practically impossible to interpret unless the merchant was 100% honest as to what collateral is covered in each.

Make sense? I will take your advice and start with the basics - search financials for other liabilities, do a basic UCC search by state, and wait for the merchant to disclose who (if any) hold first positions on certain pieces - then take it from there.

Thanks for the help!