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Tovah

Glossary

UCC filing

A UCC filing is a public notice a funder files with a state to record its interest in a business's assets or receivables.

In plain terms

It tells other funders that someone already has a claim. Most business financing includes one.

Why it matters when you're getting funded

It's normal, but it affects future funding. Your offer states whether a UCC filing is part of the deal.

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