Check order is a cost and fraud-catch decision. Why the SOS record runs first, what routes to each later step, and where every check's evidence lands.
A borrower operating in three states may be registered in one. Detecting where an entity is registered vs qualified, and what the gap does to lien position.
Most states answer in seconds; a few take minutes. What latency to plan for by state class, and how slow states should shape SLAs and borrower communication.
Every field a Secretary of State API returns, what each one means for underwriting, and how to model the ones a state declines to provide.
A vendor's quoted match rate is a marketing number until you test it on your own borrower names. Test-set design, thresholds, and the metrics that matter.
Status, agent, officers, and address decay at different rates. Which staleness class corrupts which decision, and when a cached record is still the right call.
Vendor sandboxes reward happy-path demos. A procurement checklist that tests failure paths: slow states, error shapes, expiry behavior, and support response.
Coverage is a matrix of state, field, latency, and freshness. A weighted scoring rubric for evaluating what an SOS API actually returns where you lend.
There is no single US corporate registry. How 50-plus Secretary of State systems work, and how an aggregating API turns them into one integration.
Existence, status, standing, registered agent, and officers: what an entity validation API checks, field by field, and what each field means for underwriting.
.jpg){kind=small}
.png)