You know the drill. The secured lender is looking to finance a borrower and it runs a UCC search with the central level filing system of the state of organization to see if there are any prior UCC-1 financing statements filed against the borrower and the search comes up clear. We’re done, right? Sign the loan documents and fund? Not so quickly.
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Risk Management
November 11, 2012 @ 08:00 AM
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