Secured Transactions, UCC Searches & Filings
Secured Transactions, also known as Uniform Commercial Code Searches & Filings are usually filed at the state level with the business registry division. Secured Parties (lenders) loan money to Debtors (individuals or companies) for a purchase (the Collateral).
Once a loan is closed, the Secured Party will file a UCC 1 Financing Statement in the state where the Debtor is incorporated. With a large percentage of publically traded companies being formed in Delaware, there is a large volume of UCC searches and filings done with the Delaware Division of Corporations. Filings can be made directly with the Delaware Division of Corporations, however searches must be performed by an authorized UCC Search Company.
If filing online is not an option, Corp1 can file your Delaware UCC documents and save you time and money over going to the state directly. Filing direct on a routine priority to avoid expediting fees will take several weeks to get your filed evidence back. Expediting options range from 1-hour for $1,000 to Next Day for $100.
Corp1 can file these for you as an Approval and receive filed evidence back usually within 24-48 hours for no additional expediting fee.
Call or email Corp1 for additional information or to place your order.
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