Learn how to set up and manage an SPG on the PPSR.
You register a notice on the PPSR to show that you have rights over property which secure debt or obligation that someone owes you.
Registration of security interests protects you against your customer’s insolvency and preserves your priority position against other lenders or suppliers.
And there are other benefits of registration. It can, for example, support your rights to continue your security interest in the proceeds of dealings with the original goods.