First Corporate Solutions
First Corporate Solutions (Ficoso) is a Sacramento-based, privately held information services company providing cloud-based UCC search, filing, monitoring, and public records solutions to secured lenders, including banks, credit unions, equipment financers, and factors across all 50 U.S. states.
- Company typePrivate
- Founded1987
- HeadquartersSacramento, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What First Corporate Solutions does
First Corporate Solutions, operating commercially as Ficoso, is a privately held information services company founded in 1987 and headquartered in Sacramento, California, with additional operational offices in Dover, Delaware and Santa Fe Springs, California. The company provides UCC (Uniform Commercial Code) and public records solutions to secured lenders, including banks, credit unions, equipment financers, factors, law firms, and fintech/alternative lenders, supporting risk mitigation in commercial lending transactions.
The core product is the cloud-based Ficoso UCC Portal, which unifies UCC searching, filing, and monitoring across all 50 states and 3,600+ county and state jurisdictions, with data sourced directly from Secretary of State offices and 800+ active correspondents. Underlying capabilities include an auto-validation system for jurisdiction-specific filing rules, wildcard name search logic, and a Secured Party Representative Service (SPRS) that protects client confidentiality. The company also offers a JSON RESTful API suite with a sandbox environment, plus add-on modules for Registered Agent services, Business Entity Solutions, Business Verification, Bulk Escrow Solutions, and Property Solutions, with pre-built integrations into loan origination platforms Decipher Credit and Roxwrite. SOC 2 Type I certification supports enterprise data security requirements.
Revenue is generated through a mix of transaction-based pricing (per search, filing, or API call), flat-rate monthly subscription packages for high-volume clients (with multi-year price guarantees available to banks), usage-based API charges with no setup fee, and annual registered-agent subscription fees. The go-to-market is multi-motion: a sales-led enterprise consultation channel with dedicated account managers, an API-first self-serve channel, and channel/partner distribution through software integrations and preferred-vendor arrangements with industry associations such as the Illinois Bankers Association, the International Factoring Association, ELFA, and the California Escrow Association. Under CEO Samuel Hon, who took over from founder David Silverburg in 2019, the company executed a cloud-based digital transformation and reports that revenue tripled between 2019 and 2026, culminating in the 2026 rebranding to the Ficoso identity.
First Corporate Solutions firmographics
Firmographics- Name
- First Corporate Solutions
- Legal name
- First Corporate Solutions, Inc.
- Website
- https://ficoso.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- First Corporate Solutions (Ficoso) is a Sacramento-based, privately held information services company providing cloud-based UCC search, filing, monitoring, and public records solutions to secured lenders, including banks, credit unions, equipment financers, and factors across all 50 U.S. states.
- Ownership category
- akta.pro rank
First Corporate Solutions industry classification
Industry- Product category
- Public Records & UCC Compliance Software
- NAICS
- Credit Bureaus (561450)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320)
- akta.pro primary industry
- Credit Bureaus & Consumer Credit Reporting Agencies (FSAKAKAA)
- akta.pro secondary industry
- Client Reporting Gateways & Connectivity Providers (Submission/Message Translation) (FSAFAJAG)
Keywords
Where First Corporate Solutions is headquartered
LocationHeadquarters
- HQ city
- Sacramento
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
First Corporate Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- UCC Search Services: Transaction-based fees for UCC, lien, and litigation searches conducted through the online portal or API. Pricing based on usage with no monthly base fee.
- Search Subscription Packages: Flat monthly rate subscription for high-volume clients with search needs. Subscription pricing provides predictable budgeting and monthly billing for clients with recurring search requirements.
- UCC Filing Services: Fees for UCC-1 and UCC-3 filing services, including e-filing capabilities. Transaction-based pricing with no additional cost for number of users.
- API Integration Fees: Per-call charges based on type of service requested. No base or setup fee to integrate. Bills based on completed transactions rather than users.
- Registered Agent Services: Annual registered agent representation services across all 50 states and D.C. for business entity compliance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Pay-as-you-go Transaction Model |
| Subscription | Monthly | Search Subscription Package |
| Usage-based | Pay-as-you-go | API Integration |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
First Corporate Solutions product offering
Product offeringCore offering
First Corporate Solutions (Ficoso) provides UCC and public records search, filing, monitoring, and verification services through a cloud-based portal and JSON RESTful APIs covering all 50 U.S. states and 3,600+ county jurisdictions. The company serves secured lenders, banks, credit unions, equipment financers, factors, and law firms with both online portal access and direct API integration into loan origination systems.
Product overview
Ficoso (formerly First Corporate Solutions) offers a cloud-based platform with multiple integrated modules for UCC and public records due diligence. The core Ficoso UCC Portal serves as the unified interface for search, filing, and monitoring capabilities, supplemented by specialized modules including UCC/Lien/Litigation Search Services, UCC Filing, Public Records Monitoring, API Suite & Integrations, Business Entity Solutions, Registered Agent Services, Business Verification Solutions, Property Solutions, Bulk Escrow Solutions, and Secured Party Representative Service. The platform covers all 50 states and 3,600+ county jurisdictions with both online portal access and API integration options.
Differentiator
Problem solved
Functional benefit
Products and services
- Ficoso UCC Portal Cloud-based unified portal that lets users search, file, and monitor UCC and public records data across all 50 states from a single interface, designed for banks, credit unions, factors, equipment financers, and other secured lenders.
- UCC, Lien & Litigation Search Services Comprehensive search services for UCC records, liens, and litigation information with real-time data sourced directly from Secretary of State offices and offline searches covering 3,600+ county and state jurisdictions for secured-lending due diligence.
- UCC Filing
Quantifiable outcome
- 20% reduction in funding cycle time for banking clients through improved search and filing turnaround
- +1 more outcomes
Companies that use First Corporate Solutions
Customer profileNamed customers3 records
Segments6 records
Ideal customer profiles6 records
First Corporate Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
First Corporate Solutions partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, strategic and minor.
- Decipher CreditcoreDecipher's cloud-based platform provides commercial lenders access to loan origination and risk management technology. Ficoso's integration enables users to directly perform UCC search and filing from the Decipher platform, accessing the full range of UCC services within the loan origination workflow.
- RoxwritecoreRoxwrite was built to help underwriters manage workflows within a single platform. Ficoso's integration enables users to easily access UCC and public records data, eliminating duplicate entries and simplifying applicant status tracking.
- International Factoring Association (IFA)coreFicoso has been the leading company providing tailored UCC services to Factors for decades. IFA members receive discounted rates on Ficoso services. IFA members consist of banks and finance companies performing factoring through invoice purchases.
- Illinois Bankers AssociationcoreFirst Corporate Solutions is the preferred vendor of the Illinois Bankers Association. All Illinois banks receive special rates on Ficoso's online UCC searching services through this partnership.
- National Public Records Research Association (NPRRA)strategicFicoso has been a member for several decades. CEO Samuel Hon serves on the Board of Directors and leads the Government Affairs committee as Chairman. NPRRA is the premier industry resource for public record and corporate services companies.
- Equipment Leasing and Finance Association (ELFA)minorELFA is the trade association representing financial services companies and manufacturers in the $1.3 trillion U.S. equipment finance sector. Ficoso leverages NPRRA specialized materials for staff training.
- California Escrow AssociationminorFounded in 1924, CEA is dedicated to maintaining the highest standards in escrow through education and support of escrow practitioners.
Scale indicators6 records
Recent moves15 records
Expansion highlights6 records
First Corporate Solutions competitors and assessment
Company assessmentBroad incumbents
- Verisk Analytics: Verisk provides risk analytics and data services to financial institutions, including property, credit, and compliance data overlapping with Ficoso's risk mitigation positioning. Verisk operates at substantially larger scale across multiple verticals.
- Accuity (LexisNexis Risk Solutions): Accuity, now part of LexisNexis Risk Solutions, provides financial crime compliance and payments data. Indirect overlap with Ficoso through shared banking customers and risk management positioning.
- Dun & Bradstreet: Dun & Bradstreet provides business credit data and verification used by lenders for underwriting decisions, overlapping with Ficoso's business verification solutions. D&B operates at significantly larger scale with international presence.
- LexisNexis: LexisNexis Risk Solutions operates LexisNexis DataTree and UCC search/filing services within a broader legal, risk, and compliance data portfolio. Overlap with Ficoso is meaningful but as part of a much wider product ecosystem.
Emerging players
- Harbor Compliance: Harbor Compliance offers registered agent, business licensing, and compliance services overlapping with Ficoso's registered agent and business verification products. Smaller scale but directly competitive in the compliance-services niche.
- Black Knight: Black Knight provides technology, data, and analytics to mortgage and real estate finance, with adjacent UCC/public records touchpoints. Comparable as a technology-driven data services provider to financial institutions.
Direct peers
- Corporation Service Company (CSC): CSC is a global leader in registered agent, UCC, and corporate compliance services with multi-decade presence in the same customer segments as Ficoso. CSC's broader international footprint and registered agent scale make it the most direct head-to-head competitor.
- Wolters Kluwer Lien Solutions: Wolters Kluwer's Lien Solutions division is the largest direct competitor in UCC search, filing, and monitoring for secured lenders, offering comparable nationwide coverage and enterprise integrations. Both companies serve banks, credit unions, and equipment financers with parallel product suites.
- Business Information Group (BIG): BIG provides UCC search, filing, and public records services to banks and lenders across multiple states. It is a smaller direct competitor in the same niche with comparable service offerings to Ficoso's core portal.
- CT Corporation (Wolters Kluwer): CT Corporation, a Wolters Kluwer business, provides registered agent, UCC, and corporate compliance services directly overlapping with Ficoso's offerings. Combined with Wolters Kluwer Lien Solutions, it represents the largest competitive threat.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
First Corporate Solutions social profiles
Digital presenceFirst Corporate Solutions compliance and trust
Trust signalCompliance1 record
First Corporate Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Corporate Solutions leadership team
Management profileNumber of profiles
Profiles7 records
First Corporate Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Corporate Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Corporate Solutions
What does First Corporate Solutions do?
First Corporate Solutions (Ficoso) provides UCC and public records search, filing, monitoring, and verification services through a cloud-based portal and JSON RESTful APIs covering all 50 U.S. states and 3,600+ county jurisdictions. The company serves secured lenders, banks, credit unions, equipment financers, factors, and law firms with both online portal access and direct API integration into loan origination systems.
Is First Corporate Solutions a public or private company?
First Corporate Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was First Corporate Solutions founded?
First Corporate Solutions was founded in 1987. It employs 101 to 250 people.
Where is First Corporate Solutions based?
First Corporate Solutions is headquartered in Sacramento, United States, in the North America region.
How does First Corporate Solutions make money?
Five revenue lines are on record. UCC Search Services are the primary driver. The others are search Subscription Packages, UCC Filing Services, API Integration Fees and registered Agent Services.
Who are First Corporate Solutions's main competitors?
Broad incumbents on record are Verisk Analytics, Accuity (LexisNexis Risk Solutions), Dun & Bradstreet and LexisNexis. Emerging players are Harbor Compliance and Black Knight. Direct peers are Corporation Service Company (CSC), Wolters Kluwer Lien Solutions, Business Information Group (BIG) and CT Corporation (Wolters Kluwer).
Does First Corporate Solutions have an API?
Yes. Complete JSON RESTful API for public records transactions providing UCC Search, Business Search, UCC Filing, and Monitoring of Debtors. The API offers the same functions on both sandbox and production endpoints and web interface. Sandbox test environment uses fixed test data for searching (subset of California data) and accepts fictional filings for testing. API may be integrated with commercial software licensed for others to use or integrated directly into proprietary software developed by the end-user. Two sets of credentials are used for authentication - one identifies the integrator and system, the second is the billable entity. Developer documentation is at ficoso.com/developer-resources.
What industry is First Corporate Solutions in?
First Corporate Solutions's product category is Public Records & UCC Compliance Software. Its primary akta.pro industry code is FSAKAKAA, Credit Bureaus & Consumer Credit Reporting Agencies, with a secondary code of FSAFAJAG, Client Reporting Gateways & Connectivity Providers (Submission/Message Translation). Its NAICS code is 561450 and its SIC code is 7320.