Lending against collateral — or backing a note or loan with real security? PaperKit drafts a proper Security Agreement: the Article-9 document where a debtor grants a secured party a security interest in described collateral, authorizes the UCC-1 financing statement, and agrees to default and foreclosure remedies. It's what actually perfects the collateral behind a secured promissory note or loan agreement. Pick what the collateral is: specific (a listed item, piece of equipment or vehicle — describe it by make, model and serial/VIN), blanket (ALL assets now owned or later acquired — the classic all-asset lien, with the full Article-9 category list), or after-acquired (your present collateral plus a clause that sweeps in property you acquire later, and proceeds). Choose how it's perfected — a UCC-1 filing, possession/pledge, or control of deposit/investment accounts — flag a purchase-money security interest, and name the obligation it secures. Hosted online for the debtor to review & e-sign. Clean PDF.
The big lever — it rewrites the Grant of Security Interest, the collateral description, and which schedule/section appears.
Specific collateral: the security interest attaches only to a single described item — equipment, a vehicle, or a listed asset. Describe it by make, model, year and serial/VIN below.
Perfection makes the lien good against the world. This tweaks the Perfection & Filing section.
The note or loan this collateral backs.
Describe the specific item: make, model, year, serial/VIN, location.
A real, section-by-section Article-9 security agreement. The collateral choice drives the grant scope and which schedule/section appears. Publish to get a hosted link the debtor can e-accept online.
$9/mo — remove the DRAFT watermark + “Made with PaperKit” badge, unlimited clean-PDF security agreements, and Pro across every tool.
A security agreement is a template for convenience, not legal advice. It grants a lien on property under Article 9 of the Uniform Commercial Code; attachment, perfection, priority and the required contents and timing of any UCC financing statement continue to be governed by applicable state law. PaperKit is not a law firm and does not file UCC records for you. Review the agreement and consult a qualified attorney.