A popular method to secure the extension of credit or loans, particularly in recent years, is the use of UCC financing statements. UCC (Uniform Commercial Code) financing statements record and protect a secured party’s interest in the collateral offered by a debtor to secure the loan. Moreover, a UCC financing statement gives notice to the public at-large that the secured partylender has an interest in the property pledged as collateral …Read More
Secured Credit and Lending: UCC Financing Statements
