Are most lenders filing UCCs?
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  1. #1

    Are most lenders filing UCCs?

    UCCs are probably best way to check for outstanding business loans. I've heard fewer alternative lenders are actually filing UCCs for new deals they do. I'm trying to get a gauge on the industry to see roughly what % of alternative lenders are filing. Also, would love to know if traditional banks usually file a UCC for their business loans.

  2. #2
    Senior Member Reputation points: 2019 Lenders.Marketing's Avatar
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    Because of everyone hammering UCC's Lead Lists savvy Lenders are getting smarter about disguising and hiding their deals.

    There are better alternate places to fish rather than the over-crowded UCC pond.
    Last edited by Lenders.Marketing; 10-23-2014 at 01:28 PM.
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    Quote Originally Posted by Lenders.Marketing View Post
    Because of everyone hammering UCC's Lead Lists savvy Lenders are getting smarter about disguising and hiding their deals.

    There are better alternate places to fish rather than the over-crowded UCC pond.
    You are correct Nick. The large companies that file for secured lenders are now filing in their own name so the secured party's name never shows up.

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