Is there a filing fee associated with the UCC-1 form for Aunt Millies Bakeries?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit A - State Regulators; Agents for Service | |
|---|---|
| of Process | |
| Exhibit B-Financing Documents from First Capital | |
| Acceptance Corp. | |
| (1)(a) | Promissory Note |
| (b) | Disbursement Authorization |
| (2) | Financing Security Agreement |
| (3) | UCC-1 (Representative Sample) |
| (4) | Purchase of Receivables |
| Exhibit H – | |
| (1) Aunt Millie's Bakeries Security Agreement; and | |
| (2) UCC-1 (Representative Sample) |
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, the UCC-1 form is referenced in Exhibit H and Exhibit B. Exhibit H lists the Aunt Millie's Bakeries Security Agreement and UCC-1 (Representative Sample). Exhibit B lists Financing Documents from First Capital Acceptance Corp., which includes a Promissory Note, Disbursement Authorization, Financing Security Agreement, UCC-1 (Representative Sample), and Purchase of Receivables. The document does not specify any particular filing fee amount for the UCC-1 form.
Because the FDD does not explicitly state whether there is a filing fee associated with the UCC-1 form, it is important for a prospective franchisee to clarify this with Aunt Millies Bakeries. Understanding whether this fee exists and its amount is crucial for accurately assessing the initial investment and operational costs.
Prospective franchisees should ask Aunt Millies Bakeries about any potential fees related to the UCC-1 form, including when the fee is due and to whom it is paid. This information will help in making an informed decision about investing in an Aunt Millies Bakeries franchise.