I registered UCCMonitor.com
What is the idea there?
If you are based in the US, and you don't know what a UCC filing is, you should. This something that businesses file against people and organizations to notify others that they might be owed. If you borrow money, have a credit card, or lease equipment, there is a good chance that someone filed a UCC.
Now, here is where it gets silly. Let's say you borrow money, and pay it off. Odds are good that the UCC filing still remains for years. Why? Because the person you borrow from needs to file a UCC-3 to get it removed. Trouble is, they rarely do it. This weakens your credit rating and can make it hard to get capital.
So, here is my simple idea. UCCMonitor.com lets you do a free search to see if your organization might have a UCC filing in place for the state where you are incorporated. It will then charge a small fee (e.g. $49) to get that filing removed and then give you a year of alerts if new ones show up.
Big companies like CSC provide this service. However with their price point, it is not going to be an option for a lot of small businesses. If you look into it, you will see situations where business might have many UCC filings and not even know it. UCC Monitor would notify them and make it easy to get them removed.
What I like is that the process could largely be automated with software. Ultimately, access to capital is a key ingredient for digital and economic empowerment. If folks don't have access to capital at reasonable rates, they are limited to bootstrap or friends/family to fund their ideas. Too often that is not enough!