Day: October 22, 2026
Checking the PPSR Before Buying Used Business Equipment
Buying used equipment can save a small business a lot of money. A used excavator, coffee machine or delivery van often costs far less than new. The risk is that the seller may still owe money on it. If they do, the lender could have a claim over the item even after you have paid.
The Personal Property Securities Register, known as the PPSR, is how you check for that risk before you hand over your money. It is a national register run by the Australian Government. This article explains what it shows, how a search works and how a business can register its own interests. It is general information for Australian buyers and sellers.
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