The PPSR is a national online register that can provide information to help limit your risk when buying personal property. The PPSR is an online noticeboard, on which: you can register a notice to show that you have rights over personal property which secure a debt or obligation that someone owes you.
InfoTrack is a licensed Personal Property Securities Register (PPSR) broker. As such, InfoTrack offers you the ability to perform a PPSR Search with ease. InfoTrack’s PPSR Search tool provides a simple way to search for interests in personal property other than land or buildings.
InfoTrack gives clients the ability to create a secured party group, manage PPSR registrations.
A secured party group is the individual or organisation who holds a security interest in personal property (PPSR). A secured party group is a system construct used by the PPSR to help secured parties manage their registrations.
The SPG can have any combination of individual or organisation secured parties.
When ordering an ASIC Search from InfoTrack, you have the option of including a PPSR Search which will return a Combined Report along with your ASIC and PPSR results in one PDF. The Combined Report uses smart technology to collate data from your ASIC and PPSR Search results and highlight areas of potential risk.
The Combined Report includes ASIC & PPSR results along with the following:
A colour-coded summary of your search information which highlights areas of risk and allows for easier and faster consumption of ASIC & PPSR data.
A snapshot of the company’s credit history details risk data including court judgments, payment defaults, insolvency notices, mercantile enquires, credit enquiries and credit score.
A simple visualisation maps out relationships between people, companies and assets allowing you to easily view shareholder percentages and changes to corporate structure.