Banks
UCC Solution for Commercial Banks
Make more confident lending decisions and secure your collateral with easy access to the most accurate and timely UCC and public records data available.
Making complex easy for commercial banks
You have high risk mitigation standards, which is why we provide industry-leading technology solutions that connect you to trusted, reliable, and timely data backed by over four decades of expertise.
Our UCC solutions give you a direct data pipeline to all 50 state websites, so you can be sure you’re getting the most accurate, up-to-date information, all in one place. And with our intuitive, user-friendly tools and API-enabled integrations, it’s easy to get the details right and to get things done faster.
Search
across different jurisdictions for accurate and timely public records data.
File
and submit UCC documents in any jurisdiction from one central location.
Monitor
your entire UCC portfolio to reduce risk and protect your interests.
Make confident lending decisions
The Ficoso UCC Portal is purpose-built to streamline filing, searching, and monitoring so you can make lending decisions with confidence, manage risk across your portfolio, and keep your lending operations running smoothly.
- Claim security interest on your debtor by searching and filing UCCs nationwide to streamline your UCC process.
- Work efficiently with full visibility into your portfolio to make changes like debtor amendments and continuations effortlessly.
- Receive monitoring notifications if a debtor’s name changes, a third party makes changes to your filings, or a federal tax lien is filed.
- Safeguard your filings with our team’s years of experience in UCC, including lien, litigation, and bankruptcy searches.
- Automate your lending workflows even further by integrating your core system with our adaptable JSON RESTful API solutions.
- Enjoy personalized customer service with a dedicated support specialist.
- Save on your due diligence costs with flexible subscription levels and a 3-year price guarantee for predictable budgeting and monthly billing.
UCC, lien and litigation solutions
Simplify your due diligence and mitigate risks with the UCC and public records search portal that is fast, accurate, and simple to use.
Business entity solutions
Quickly and easily research any business entity across the country to get timely, accurate information so you can close transactions with confidence and ease.
Property solutions
Find a legal description, verify property owners, discover encumbrances and so much more with our real property services.
Case Study
A commercial bank reduces filing costs and improves turnaround by 20%
Background
Management at a mid-size bank was concerned about cost and turnaround time when processing pre-funding searches and UCC filings. Lisa, a recently promoted Branch Operations Manager, was asked to review her branch’s process for coordinating due diligence search efforts and UCC filings to implement a better solution.
Challenge
“Our clients need to be funded as soon as possible and we were forced to pay our service provider costly rush fees in order to meet our customers’ needs,” said Lisa. She began making phone calls in an effort to find a full-service provider that could deliver a quality product quickly and at a fair price. She was looking to build a relationship with a company she could count on.
“I didn’t have a lot of experience with searching and filing and I was pretty intimidated, but Ficoso took the time to educate me and help me understand the process so I could make an informed decision.”
Solution
After speaking with several service providers, Lisa chose Ficoso as her team’s new public records service provider. “After weighing all of my options, Ficoso was the obvious choice. Their integrated online search and filing system was a great fit for our organization. It really helped us manage our transactions and cut costs. That, paired with their great service, made our decision to switch to an easy one.”
Lisa’s staff began using Ficoso in March of 2007. Bank management is thrilled with the cost savings, speedy turnaround and excellent service they receive from Ficoso. Lisa recently proposed that all bank branches adopt Ficoso as their preferred vendor.
Results
By using the Ficoso client portal, Lisa’s bank has:
- Dramatically reduced their cost for UCC filings
- Reduced their funding cycle by 20% thanks to improved turnaround for searches and immediate online solutions
- Improved client services to remain competitive in the industry
“The change has been so positive for our branch. I’m confident our organization could benefit from a large-scale switch.”
-Branch Operations Manager
Why Ficoso
Get the information you need to make confident lending decisions
Save Effort
We’re dedicated to making our solutions as simple and user-friendly as possible, with integrations that further streamline your processes.
Save Your Sanity
We obsess over the accuracy and timeliness of our data so you don’t have to worry about missed details derailing your deals.
Save the Day
When something goes wrong or you need offline service, we are the expert professionals who truly understand the complexities of public records data.
Let’s talk about how we can make your life easier
Ready to take the complexity out of UCC and public records due diligence? Just tell us a bit about your needs and we’ll get the ball rolling.
