Underwriting
UCC filing
Definition
A UCC filing is a public notice recorded under the Uniform Commercial Code that a lender has an interest in specified business assets.
Filing a UCC-1 financing statement is routine administrative practice in commercial lending — it establishes priority among creditors and is a matter of public record. Because it is public, other funders can see it, which is part of how existing positions become visible.
Express Capital Funding · Direct lender
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