UCC-1 financing statement
A public notice filed with the secretary of state recording a secured party’s claim against a business’s assets.
It names the debtor, the secured party, a collateral description and a filing date — and deliberately nothing else. It does not show the amount advanced, the terms, the outstanding balance, or whether the obligation has been repaid, which is why a filing on a long-settled advance looks identical to one on a live position.
Why it matters to a broker
Two uses: finding undisclosed positions before submitting, and as the raw material behind UCC lead lists. The second is far weaker than the first.
Book 15 minutes with Alex.
We will tell you straight up if we cannot help you.
Read this before you book.
- ✗We do not offer free trials.
- ✗We do not give discounts.
- ✗We do not do commission deals.
- ✓We require an upfront investment to work with us.
If you are not able to invest into getting more leads for your brokerage, do not book a call.
— Alex