Why you might use the PPSR

Could the PPSR be helping you and your business?

If you can relate to any of the following examples, then using the PPSR makes good sense.

Hire purchase, lease or trade agreements

You require a customer to sign a hire purchase, lease or trade agreement that includes a retention of title clause. Registering a security interest in the property on the PPSR gives you a much better chance of recovering what you’re owed should the customer be unable to pay.

Buying a second-hand vehicle

You’re looking for a used car, but you want to be sure there’s no money owing on it. A quick search of the PPSR can tell you if any third party has registered a security interest in the vehicle.

Checking collateral offered as security

A customer with cash-flow difficulties asks your company for a loan, offering a vehicle or other goods as collateral (security). You can search the PPSR to see whether the customer has offered the same collateral to other lenders.

Credit-checking potential customers

A customer wants to buy goods from you, but you have some doubts about their creditworthiness. To help you assess the risk involved, you can check the PPSR for any security interests registered against the customer’s property.

To search the PPSR or to register financing statements, you need to first  set up an online services account. This takes only a few minutes.

Related articles

All help topics

Getting started 9 guides

To register or search on the PPSR, you or your organisation must have an online services account. Find out more about the register, how to log in, set up your account, and create a secured party group.

See all 9 guides for Getting started

Managing your online services account 5 guides

Your PPSR online services account allows you to update and manage your personal and organisation information, including contact and payment details, and passwords.

Searching the PPSR 9 guides

Registering on the PPSR 11 guides

Information for debtors and consumers 4 guides

If you’re buying valuable used goods, or have bought something on hire purchase, leased property, or taken out a loan, you should know how the PPSR works, and how it can help you.

Paying PPSR fees 2 guides

Find out the fees for the online services you use on the PPSR, and your payment options.