Is this business's equipment loan ending soon?
Enter a Colorado business. We read its public UCC filings and score how likely its equipment financing is to be ending, with the reasons.
Don't check one at a time
The Radar lists every Colorado business whose equipment loan is likely ending, ranked, with the same reasons, refreshed every morning.
Questions
How do you know a loan is ending?
We don't see the loan, only the public UCC filing the lender made when it financed the equipment. Most equipment loans and leases run 36 to 60 months, so a filing for specific equipment that is three to four years old, still active and never continued is a strong sign the loan is near its end.
What do the points mean?
Up to 50 for age (full marks from 36 to 48 months), 20 for specific, serial-numbered equipment, 15 for an active filing that was never continued, and 15 for a business that finances repeatedly.
Can I check a person or sole proprietor?
No. Filings against individuals are excluded from this tool and from every public page.