How to Develop a Successful Solar UCC Strategy
Read Time 1 mins | Written by: Tom Myers
Our guide offers helpful UCC search and filing tips to help you navigate the world of solar lien management.
The most successful lenders in the solar space know how to use solar UCC filings to recoup their losses in the event of a future loan default. But there’s an art behind the science of an effective solar lien. They can be complex to establish and manage – particularly in the long term. And multiple filings can make the process even more challenging, especially when states and counties have varied financing rules.
That’s why we’ve developed a complete guide to help you learn the art of effective solar lien management. In this guide, we take a closer look at:
- How UCC search filings work
- Where searches should be performed
- How to prepare for your search and review the results
- When to hire a search expert
- Best practices for UCC filing, including tips for success with UCC-3 amendments
If you’re looking for UCC lien management support, we can manage your entire process, from initial filing and continuations to subordinations and terminations. As a leading loan servicer in the solar sector, Concord Servicing delivers compliant, flexible, and scalable solutions to meet your unique needs. Contact us today at (866) 493-6393 or bd@concordservicing.com.