PPSR Secured Loans

Don’t put your money at risk. Credi’s PPSR Secured Loan solution gives your money the protection it deserves, at a fraction of traditional legal costs.

  • Security over borrower assets
  • Register with the government (PPSR)
  • Takes minutes to setup
Credi Secured Loan
Questions? Email support@credi.com
  • Currently only available in Australia
  • 1450 + GST
  • Same day service

Overview 

The Credi Secured Loan Solution gives lenders a powerful way to protect their loan by registering it as a General Charge over the borrowers assets on the Personal Properties Securities Register (PPSR).

This agreement can be used for individuals and/or legal entities. When the loan agreement is confirmed by both parties, Credi will register the Lender’s security on the PPSR.

There is a one time charge to establish this agreement and optional management fees for premium features.

Key Features

Common Use Cases

#1 – Business owner who has loaned money to their business and wants security for repayment of the loan

#2 – Shareholder who has loaned money to the company they have invested in, and wants security over the loan

#3 – Loans between related businesses

  • Currently only available in Australia
  • 1450 + GST
  • Create in under 15 minutes

Key Features

Create

Online Loan Builder

PPSR Registration For Seven Years

Track

Loan Repayment Schedule

Optional Repayment Automation via Direct Debit or Credit Card Subscription

The Credi Secured Loan Solution gives lenders a powerful way to protect their loan by registering it as a General Charge over the borrowers assets on the Personal Properties Securities Register (PPSR).

This agreement can be used for individuals and/or legal entities. When the loan agreement is confirmed by both parties, Credi will register the Lender’s security on the PPSR.

There is a one time charge to establish this agreement and optional management fees for premium features.

Bob loaned his business $30k to help cover overheads when sales were lower than expected.

Steve, his business partner also loaned the business $30k to cover overheads, however he decided to secure its repayment by documenting the loan and registering his security on PPSR.

A year later, their business went into administration. While there were other creditors owed money, Steve was able to recover his $30k loan because he had an agreement acknowledging his security and priority was assured by the PPSR.

Bob however, lost his money and had no recourse.

#1 – Business owner who has loaned money to their business and wants security for repayment of the loan

#2 – Shareholder who has loaned money to the company they have invested in, and wants security over the loan

#3 – Loans between related businesses

LENDER

LOAN

REPAYMENT

BORROWER

NAME

TITLE

FIRST REPAYMENT DATE

NAME

EMAIL

AMOUNT

FREQUENCY

EMAIL

ENTITY

START DATE

BALLOON

ENTITY

ABN / ACN

INTEREST RATE

LATE PAYMENT FEE

ABN / ACN

Did You Know?

• Without any formal agreement in place, your loan is at risk of never being repaid

• If your business went into administration, you could forfeit your rights to repayment

• If you don’t register your security on the PPSR, you could still lose any chance of getting this money bac

There Is A Solution!

By creating a formal secured loan agreement and registering it on the PPSR you will:

• Be recognised as a priority creditor to the business

• Have a secure charge over the company until the loan is repaid

• Have greater control over the future of your company if you ever went into voluntary administration

 

Download Fact Sheet

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Division 7A Agreements
Basic Loan Agreement