UCC lists (Uniform Commercial Code filings) are an invaluable resource for identifying competitor relationships with the availability of targeting by lender names, transaction dates, collateral, as well as traditional demographics.
Most important is that when searching by lender name the request must include every possible variation of the bank/lender name. Select the initials like B of A, Bk in addition to Bank, “and” as well as with an ampersand, First through Fifth in addition to 1st through 5th, and so on). Some of our requests have thousands of variations included-we’ve even overwhelmed the largest compiler’s ability to process them and now have to split-up large jobs.
We also recommend selecting an origination date within the past 5-years. The largest banks taught us that those older than 5-years tend to be too far out of date.
Extraordinarily popular among our largest banking clients, our contracts allow us to provide this data at 30% to 40% off.