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Understanding Documentation Fees

Marlin does not charge an application fee. We may charge a documentation fee to compensate us for processing the documents and to reimburse us for the fees incurred with filing UCC-1 financing statements. When applicable by law, taxes may be applied to this fee.

  • What is a UCC-1 financing statement?

    A Uniform Commercial Code-1 (UCC-1) financing statement is a legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor. (A “debtor” is a person who owes a debt to the creditor as typically specified in the agreement creating the debt.)

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