Having trouble filing UCCs in ASPIRE? The filing of UCCs applies to transactions where assets are held as collateral to secure a deal. A lien is attached to the collateral assets through a security agreement that outlines the obligations of each party involved and is perfected by filing a UCC1 Financing Statement. You can learn more about the UCC Overview and its different options by clicking the link and logging in with your password. Once you have logged in, click on the ASPIRE Help link. From there, you will be directed to our ASPIRE Help page. Click on the area for Contract Explorer. Then, under Tasks, click the UCC Overview option. http://ow.ly/Ug18w
Have some other questions about ASPIRE? Visit our website at www.leaseteam.com.