Become a Secured Creditor with PPSR
Safeguard your security interests with the Personal Property Security Register.
PPSR: Four letters that could secure your getting paid.
The Personal Property Security Register (PPSR) is an important system based on the Personal Property Securities Act.
It allows the registration of security interests in personal property, such as goods and materials, to protect against non-payment and in the event of liquidation.
How does PPSR work?
Let's look at a scenario: If I'm a scaffolder with a scaffold on a building site, or a digger operator with a digger on-site for more than six months, completing a PPSR protects my ownership of those goods and materials.
If the construction company goes into liquidation, the liquidator has the power to take whatever is on site, regardless of whether or not the company is in financial trouble.
Completing the right kind of PPSR registration ensures that you're a secured creditor if liquidation were to occur, meaning you are in the best position to get paid and recover goods and materials from the site.
Protect your property and your income with PPSR
In a nutshell, if 100 subcontractors or service providers are owed money, and ten of them have the right kind of PPSR registration, those ten people with a secured interest are at the head of the line for payment, ahead of the ninety unsecured parties.
Proudly partnering with EC Credit Control, leaders in best practice credit management.
What Glenn from Marine Protection Solutions had to say about working with Mel
"From day one, Mel has had everything at her fingertips, keeping everything relevant and letting us know of any legal changes and ensuring we’re always covered. The difference she’s made is undeniable—our cash flow has improved, and we can now cover business costs with ease.
Beyond her expertise, Mel is an absolute pleasure to work with. She shares our ethics, genuinely cares about us as people (not just as clients), and is honest and trustworthy. Having her in our corner has given us real peace of mind, and business is improving all the time. We couldn’t be happier!"
Want to learn more about PPSR?
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