Does your Business Lease or Supply Goods?

If your business leases or supplies goods you can now help ensure that you get paid even if a debtor defaults or goes bankrupt.

The Personal Property Securities (PPS) Register starts on 30 January, 2012.  This new national online register will help consumers and businesses check whether the property they buy has a security interest over it, by allowing a national search for security interests on a single register for a small fee.

PPS reform will help businesses by providing the opportunity for lenders to accept different kinds of personal property as security for loans.


Visit the following link to read an article warning small business owners to be informed.
http://www.smartcompany.com.au/finance/20120130-personal-property-securities-register-starts-today-experts-warn-smes-to-stay-informed.html


Visit www.ppsr.gov.au to find out more about PPS Register and how you can reduce the risks of doing business.