UCC search
A query run against a state filing office’s UCC index to find the financing statements naming a particular business as debtor.
Every state runs its own index and none of them search each other, so filings sit in the state the debtor was organised in rather than the state it trades in. Matching is literal, so an entity suffix or a filer’s typo hides a record that is sitting right there.
Why it matters to a broker
Run the search before you submit. A position you find yourself is a pricing conversation; one the underwriter finds in the statements costs you the submission.
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