Unethical UCC Lien Practices – Avoid if You Value TransparencyI had an extremely frustrating experience with WEX. I inquired about their factoring services but ultimately chose not to proceed. No contract was ever signed, and no funds were ever disbursed — yet WEX still filed a UCC lien against my business.After requesting they remove the lien, they responded by demanding a $250 "due diligence fee" just to authorize its termination. This is completely unjustified, especially since there was never any binding agreement or financial transaction.This kind of behavior is not only unethical but raises serious concerns about their business practices. Filing liens against businesses without a valid contract or disbursed funds, then charging to remove them, is unacceptable.If you're a small business owner looking for transparent and trustworthy partners, I strongly recommend staying away from WEX.
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