Purchase Money Security Interest

Purchase Money Security Interest

Materials handling company recovers millions of dollars’ worth of equipment within three months of working with EDX

A materials handling company believed they were doing the right thing. They protected their interests in the company’s valuable equipment assets by registering on the Personal Property Securities Register (PPSR). Then two customers went broke, and administrators were appointed. They found out the hard way their PPS registrations were not up to scratch when they had great difficulties recovering their rented equipment. 

>read more

PPSR and Trade Credit Insurance. Here’s what to know

When it comes to protecting your business from bad debt, where do you turn: trade credit insurance or the PPSR?

>read more

5 Powerful Reasons to Register Your Small Customers on the PPSR

Too often businesses worry about the cost of registering on the PPSR while ignoring the cost of not registering. Some decide that the best way to control their costs is to register only their more significant customers – those with a high credit limit or actual exposure. It’s true you’ll pay less in registration fees by not registering all your customers, but it’s a false economy. Here we’ll show you why.

>read more