UCC Lists – Engine Of Loan Portfolio Growth
Since it was first published in 1952, the Uniform Commercial Code (UCC) has been a valuable tool for banks and merchant cash providers to reach business borrowers with a verified, seasoned history of UCC financing statements – commonly referred to as UCC-1 filings. Gain access to over 30 million UCC secured loan filings documenting lender positions and debtor obligations pertaining to business borrowing and merchant cash advance loans in the U.S. UCC lists provide leads identifying lending prospects that may soon need, or are currently in the market for additional funding. They tend to represent a broad spectrum of risk, suitable for different types of lenders.
NOTE: Fresh UCC filing data is available at savings of up to 50%.
It is important to remember that UCC financing statements are filed in individual states. While the creation of the Uniform Commercial Code was intended to promote consistency, filing conventions and interpretations may vary slightly. It can be tedious and time-consuming to aggregate and evaluate UCC secured loans on a state by state basis. The advantage of a comprehensive resource like our UCC Database from D&B is that filing and lien data can be drawn from one, several, or all states. Specific data selects can be extracted as needed on a state by state basis, depending on where marketing efforts are being directed and which channels are being utilized.
What exactly is a UCC loan? As mentioned above, every UCC filing names a creditor and a debtor. How can UCC filing data benefit lenders? It generally includes a description of the collateral pledged to secure the loan or lease arrangement. Collateral can be a specific piece of equipment or the total assets of a company. What makes our UCC lists better? D&B’s UCC Database File is comprised of fresh UCC filing and lien information, fortified with select D&B business information. UCC data is often available for delivery in mere hours.
View the datacard for our UCC Database from D&B.
Individual categories of UCC filing datacards:
Available Selects For UCC Lists Include:
- Borrower – Complete details on company borrowing money
- Lender – Complete details on secured party offering the loan
- Assets – Type of collateral promised by the borrower
Also consider these lists for your SMB, UCC lending, and cash advance business:
Call us at (914) 948-8300 or contact us with any questions about how UCC secured loan filing data can open doors to a wide range of business financing opportunities. We invite you to become familiar with all of our D&B Business data products.