With heightened risk in the construction sector, lenders are continuing to exercise greater caution, meticulously evaluating every aspect of a project before committing resources. Given the critical role of investment and finance in real estate and property development, a lack of funding or excessive cost-of-capital could spell doom for construction projects before they even clear the approval stage.
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New opportunities emerge for lenders as consumers benefit from comprehensive credit reporting, reveals the 2018 Equifax Australian Credit Scorecard
What could be more frustrating than registering a security interest on the PPSR only to find out that you’ve still lost out?
That’s what happened to equipment leasing company Doka Formwork Pty Ltd. They lost around $1 million simply because they registered too late. Find out what happened and how your business can avoid the same fate.
Demand for trade credit is growing but competition is fierce, according to the 2018 National Credit Managers Survey from Equifax
Be prepared for a difficult road ahead if you’ve decided to go it alone on the PPSR. There’s no doubt you’ll encounter endless obstacles and numerous potholes. You may take wrong turns and find out that one accident can lose you thousands. Check out what happened to these companies.
The devil is in the detail when it comes to registering on the PPSR. To register successfully, you need to understand the jargon and the fine print. Where to start? Take a look at your security agreement.
What to do when faced with a liquidator pursuing you for alleged Unfair Preference Payments? Here Daniel Turk looks at the latest defences that may be available to creditors and how to assess your potential exposure under the Unfair Preference regime.
When you don’t know the answer to a question, do you bluff, make up an answer or phone a friend? Although these tactics work in many situations, they won’t do you any favours on the PPSR. Choosing a wrong answer when registering a security interest can have disastrous consequences.
After 20 years working in insolvency, Andrew decided he needed a change. In 2012 he switched professions to EDX from Equifax and has helped hundreds of businesses in Victoria and Tasmania register quickly and correctly on the Personal Property Securities Register (PPSR).
