UCC Financing Statements: Completing, Filing, Amending & Renewing
Correctly preparing and filing UCC financing statements is crucial to properly perfect and protect your institution’s security interest in collateral. Failing to properly prepare and file a UCC financing statement may result in other creditors seizing your collateral. Don’t let that happen to you!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand UCC-1 and UCC-3 financing statements
- Determine when a UCC financing statement is required
- Know when and how to amend a UCC financing statement
- Identify when you need to renew a UCC financing statement
- Determine creditor priority
WEBINAR DETAILS
This webinar will address the different types of UCC financing statements and do a detailed review of the specific parts of a UCC financing statement and the information that should be included. You’ll learn when and how to file a UCC financing statement, how to later amend or renew a UCC financing statement, and how to properly describe the collateral and which creditor will take priority. Join us to learn how to protect your institution’s collateral from other creditors.
WHO SHOULD ATTEND?
This informative session is designed for lending staff, including loan officers and loan processors.
