The UCC Search feature allows you to identify Uniform Commercial Code (UCC) filings associated with a business or individual. UCC filings indicate whether a lender or secured party has a legal claim (lien) on assets or receivables, which is an important input for underwriting decisions. You can pull the current and the past filings of the business and the owner.
UCC Search is powered by First Corporate Solutions.
How to Perform an UCC search
- Navigate to an Application
- Go to UCC tab
UCC searches can be performed for:
- Organizations (business entities)
- Individuals (owners)
UCC filings status is shown in the summary section. Unverified indicates the UCC search has not done before.Click Search to open the UCC Search screen. It opens with name and state pre-filled based on the application. You can modify the search data as needed.
The UCC Filed Date will default to 6 years prior to the current date, which can be modified to expand or narrow based on your search. Click Search again to initiate the search.
Once the search is completed, UCC filing results will appear. You will see a list of possible matches. Use the address to identify the correct individual or business.
UCC filings are grouped by Name and address
Each group may contain one or more filings
You can review the results and click Attach option to save the filings.
Note: You must attach the report before you can access to the filings related images.
No results Report
- If the fetched results are not relevant or If no results appear in the search then you can download a No results report.
- This report can be used for record keeping and audit purposes.
- The no results report looks like this
How to View the Attached Filings
- Navigate to an Application
- Go to UCC tab
- Click View to see the attached filing details
- In the attached filings, click View Details
- Detailed Filing Report will be displayed. And the report can be downloaded
How to Request Documents for Attached Filings
Once the filings are attached, you can request for additional documentation.
- Online Documentation - This document is readily available for download when requested.
- Offline Documentation - When a offline documentation is requested, a FCS team will have to manually fetch the document, scan and then email it to the registered FCS email.
To request the documentation -
- Navigate to Detail Filing Report.
- Expand the Filings. Select a filing record and click Request Documents
Select the finding and click Download Online Documents to download the online documentation.
- If the filing has offline documentation, you will see the filing record under offline documentation list. Select the filing and click Request Offline Documents