Accutrend: B2B Business Wealth (UCC liens) Information for USA

When does a UCC Filing Occur: When your business enters into a financing agreement that is secured by collateral, a UCC lien could be filed against any assets you pledged to secure the loan. Other types of liens typically get filed because of something bad happening, such as not paying your taxes. A UCC lien is a normal part of small business financing. The lien serves as notice to all potential creditors that you owe the lender money and that your assets are pledged to that lender until you repay the debt.