At first sight, it may seem that online editors are very similar, but you’ll find that it’s not that way at all. Having a robust document management solution like DocHub, you can do much more than with standard tools. What makes our editor exclusive is its ability not only to rapidly Link code in Collateral Agreement but also to create paperwork completely from scratch, just the way you need it!
In spite of its extensive editing capabilities, DocHub has a very easy-to-use interface that offers all the features you want at hand. Therefore, adjusting a Collateral Agreement or a completely new document will take only a few moments.
Register for a free trial and celebrate your best-ever paperwork-related experience with DocHub!
[Music] so what is a ucc one form and how does it work a uniform commercial code number one form is a form that creditors use to secure their interest in property and in that sense the ucc one form is to personal property what a mortgage or deed of trust is to real estate so creditors use this form to secure collateral for loans for example say john wants to open a gym and needs to borrow money for gym equipment the bank will generally record a ucc one and describe the gem equipment that secures the loan if john does not pay the loan the bank can seize and sell the gem equipment to recoup the loan proceeds im the business guy and the purpose of this video is to help you grasp the concept and to see how easy it is to understand what a ucc one form does ive been in the asset protection from lawsuits field since 1991 and bring you my personal experience our company started in 1906 we have attorneys on our staff and we have employees nationwide and if you are watching this video on youtu