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Download Our Free eBook: What Your Small Business Needs to Know About UCC Liens

Meredith Wood

Meredith Wood

Editor-in-Chief at Fundera
Meredith is Editor-in-Chief at Fundera. Specializing in financial advice for small business owners, Meredith is a current and past contributor to Yahoo!, Amex OPEN Forum, Fox Business, SCORE, AllBusiness and more.
Meredith Wood

If you have ever applied for a business loan, you may be shocked to learn that there could be a lien filed against your business or certain business assets right now.

That statement isn’t meant to terrify you, only to make you aware of a situation that too few small business owners realize they may face.

It may sound unbelievable, but it’s a true. A bank or finance company just might have a form filed with your state’s authorities declaring their right to your office, warehouse, property, equipment or other business assets should you ever default on a loan or declare bankruptcy.

This form is called a UCC-1 form and our guide will explain to you why you may have a lien filed against your business right now, who might have filed that lien, and how to find out if any such liens exist. 

Download your free eBook here.

 

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Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
Meredith Wood

Meredith Wood

Editor-in-Chief at Fundera
Meredith is Editor-in-Chief at Fundera. Specializing in financial advice for small business owners, Meredith is a current and past contributor to Yahoo!, Amex OPEN Forum, Fox Business, SCORE, AllBusiness and more.
Meredith Wood

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