{"ok":true,"canonical_url":"https://dealroom.so/glossary/ucc-1-filing","api_url":"https://dealroom.so/api/public/glossary/ucc-1-filing","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"ucc-1-filing","term":"UCC-1 filing","aka":"Uniform Commercial Code-1 filing","group":"Doing the deal","definition":"This is a public notice filed by a creditor to establish a legal claim (Lien) on a debtor's personal property used as Collateral. It signals who has priority if the debtor defaults.","what_it_means":"Your SBA lender will file a UCC-1 to secure its interest in the business's assets, establishing a First lien. As a buyer, conduct a UCC search during Due diligence to ensure the seller has clear title to the assets and that no undisclosed liens exist that would interfere with your lender's priority.","url":"https://dealroom.so/glossary/ucc-1-filing","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"ucc-lien","term":"UCC lien","url":"https://dealroom.so/glossary/ucc-lien"},{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"},{"slug":"first-lien","term":"First lien","url":"https://dealroom.so/glossary/first-lien"}],"related_questions":[{"question":"Is a UCC-1 filing sufficient to perfect a lien on business assets?","url":"https://dealroom.so/for-lenders/questions/is-a-ucc-1-filing-sufficient-to-perfect-a-lien-on-business-assets"},{"question":"If a lender obtains a blanket lien, what are the key UCC filing requirements for interstate operations?","url":"https://dealroom.so/for-lenders/questions/if-a-lender-obtains-a-blanket-lien-what-are-the-key-ucc-filing-requirements-for-interstate"},{"question":"What if the business assets are located in multiple states, requiring multiple UCC filings?","url":"https://dealroom.so/for-lenders/questions/what-if-the-business-assets-are-located-in-multiple-states-requiring-multiple-ucc-filings"},{"question":"How does a recent personal bankruptcy filing affect my eligibility for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/how-does-a-recent-personal-bankruptcy-filing-affect-my-eligibility-for-an-sba-7-a-loan"},{"question":"How does the SBA generally treat a 7(a) loan applicant with a prior bankruptcy filing?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-generally-treat-a-7-a-loan-applicant-with-a-prior-bankruptcy-filing"},{"question":"What are the specific requirements for a lender to obtain a valid first lien position on UCC collateral when prior liens exist?","url":"https://dealroom.so/for-lenders/questions/what-are-the-specific-requirements-for-a-lender-to-obtain-a-valid-first-lien-position-on-u"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — UCC-1 filing","url":"https://dealroom.so/glossary/ucc-1-filing","source_type":"DealRoom Data"}}