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hi im ty from nav if youve ever applied for a small business loan youve probably heard of something called a ucc filing or it might be called a ucc lien if youre unsure about what that is youre not alone today lets talk about what a ucc filing is and what it does ucc stands for uniform commercial code and is a legal notice filed with the secretary of state where you do business the short version is that when you get a small business loan most lenders make a ucc filing giving public notice that they have an interest or a lien against an asset you may be using to secure the loan in other words its a notice telling any future lender that you have a loan in place with your current lender and any collateral used to secure your current loan is unavailable as collateral to secure a future loan in terms of a traditional lender like a bank or maybe even the sba it would apply to any specified collateral you are using to secure the loan like real estate or a piece of business equipment fo