A UCC filing is a public record showing that a lender has a claim on specific personal property used as collateral.
A UCC filing is a financing statement recorded under the Uniform Commercial Code that perfects a lender's security interest in a borrower's personal property.
It establishes the lender's priority claim on chattel like equipment or livestock, and shows up when others check for existing liens.
A lender financing equipment may record a UCC filing covering that equipment.
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