PPSR – Personal Property Securities Register | Protecting your credit history

by | Mar 18, 2021

What is the PPSR ?

The PPSR is a national online register that provides searchable information on security interests held in personal property. Its role is to protect suppliers and lenders when a customer becomes insolvent by clarifying any confusion about ‘apparent ownership’ of goods or equipment.

The PPSR can also help ensure business owners are not sold goods with pre-existing security interests registered against them, which could see the same goods repossessed if the seller has outstanding debts.

Often, many SMEs have their first brush with the PPSR when trying to recover assets after a customer goes insolvent. If a SME has not correctly registered their interests, those assets could be lost. Similarly, if a customer can’t recover unregistered assets it can impact their cash flow and ability to pay their own suppliers, creating a ripple effect.

How to rank as a secured creditor in this increasingly volatile business environment

In an environment that is likely to have a heightened level of volatility, SMEs need to consider using PPSR’s and how that affects your business operations and what implications this has on selling your business and impacting on settlement. The Personal Property Securities Register or PPSR, is an official government register where one registers their security interest held in personal property.

In what can only become a highly volatile trading environment post March, understanding and using PPSR should be included in your day-to-day business repertoire. Business credit, Australia-wide, equates to a lending facility that would have resource classified as Australia’s fifth-largest bank. With that amount of lending through 30 or 60 day trading accounts there is an enormous amount of potential liability.

Registering a Security Interest

Registering a security interest over the goods or services allows you to protect assets in the event there is a default. Chiefly this security interest is to protect your business from the insolvency of your customers. The retention of title that the registration of a security interest entitles you will allow you to; recover unpaid goods, claim an interest in the product in which of goods have been added or act as a defence to having received an unfair preference.

The use of PPSR’s are becoming more prolific as people weigh up the small cost of registration against the potential loss of stock and services.

Acquiring a PPSR report to provide you with comprehensive breakdown of all the security interests that have been taken out against your company is a housekeeping job that should be scheduled into your operations throughout the year.

If you are considering taking your business to market, talk to one of our team members  will step you through the complicated and often daunting task of selling your business whilst pointing out what you need to consider prior to undertaking this significant step in your life as a small business owner.

Source: Equifax

Feel free to contact  our office  if you would like any further information or for an obligation-free and confidential discussion if your business is experiencing financial difficulties or you would like to discuss restructuring options.


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The material on this page and on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this page and on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs.

Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this page and on this website are for illustrative purposes only.

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Chan & Naylor
Chan & Naylor

Chan & Naylor is Australia’s leading property, business, tax-accounting & wealth advisory group with offices nationwide.

The Chan & Naylor Group has national offices in South West Sydney, Sydney CBD, Pymble and Parramatta in New South Wales, Wheelers Hill, Melbourne and Moonee Ponds in Victoria, Brisbane in Queensland, and East Perth in Western Australia that can assist you with your accounting needs. Contact us here today.

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