A system and method of identifying UCC Financing Statements by productive
asset type, which is useful in identifying prospects for companies that
are involved in the distribution, sales, and financing of productive
assets. The present invention allows the user of the invention to search
UCC financing statements by brand and/or type of equipment that is used
as collateral. Using a lead generation technique that involves analyzing
and correlating collateral information to UCC financing statements, the
statements can be identified and categorized by collateral type. By
processing electronic collateral information, as well as an OCR process
that converts text contained in images into searchable text. There is
also a direct data entry method of gathering collateral information. This
collateral information is then used in an innovative relational database.
Also, the proposed invention categorizes UCC financing statements by
collateral type using a method of querying specific equipment type
keywords, such as equipment names and brand names. Also, the proposed
invention merges UCC addendums and amendments allowing the user to view
the most current UCC financing information without looking at multiple
filings.