UCC Document Community

Have you tried calling the lender's UCC department? Sometimes they have templates or specific formatting requirements that make the process smoother. They deal with this stuff all day so they might have insights the SOS portal doesn't provide.

Update: I finally got it to work! The issue was that I was using the company name from our Articles of Incorporation instead of the exact name on the merger certificate. Once I matched it exactly to the merger documents, it went through. Thanks everyone for the suggestions - the browser tip and the merger certificate advice were both helpful. For anyone else dealing with this, definitely use Certana.ai or similar tools to cross-check your documents before filing. Would have saved me weeks of frustration!

Update us when you get it resolved! Always helpful to hear how these situations work out in the end.

For future reference, I always keep copies of the acceptance confirmations from original filings. Makes it much easier to reference the exact information that was accepted when you need to file corrections later.

Update us when you get it figured out! Always curious to hear how these installment contract name issues get resolved.

Just wanted to chime in that I had a similar installment contract situation last week and the Certana document verification caught a subtle name issue I would have missed. Saved me from another rejection cycle. Worth trying if you're still having problems.

Just wanted to add that timing is really important with fixture filings. If you're going to file as fixtures, you need to do it quickly after the equipment is installed to maximize your priority position. Waiting too long can affect your rights against other creditors. Also, make sure you have a good description of the real estate in your fixture filing. It needs to be sufficient to identify the property, which usually means the legal description from the deed or mortgage.

Update: We ended up going with fixture filings for the integrated equipment after consulting with local counsel. The ventilation system and built-in ovens clearly met the fixture test, and the custom refrigeration units were borderline but we included them to be safe. Used Certana.ai to verify all our documents were consistent before filing - caught a small discrepancy in the debtor name between the loan agreement and our initial UCC-1 draft that could have caused problems. The verification process was really straightforward, just uploaded our PDFs and got instant feedback on any issues. Filing went smoothly and the loan closed on schedule. Thanks to everyone who provided input on the fixture determination - it really helped clarify our thinking on this complex issue.

I'm dealing with a similar equipment loan situation and was also confused about this. Thanks for asking the question - the responses here cleared up a lot of confusion about the difference between security agreements and UCC-1 filings.

Bottom line: prepare your UCC-1 financing statement with the correct debtor name, collateral description, and secured party information. File that for perfection. Keep your security agreement as a private contract. This is the standard approach that avoids all the complications mentioned in this thread.