• Introduction: Our platform focuses on specific administrative/legal needs of people relating to movables advanced as collateral.
• Why is the process needed: The benefits of the above is that upon the successful registration of the Security Rights over the Movable Asset, the Lender’s interests will be fully secured and safeguarded under the Law.
• Risk/what happens if the process is not undertaken: Failure to have a Security Agreement means lack of documentation which causes many issues which can only be determined by a court of Law.

Set out below is a summary of the requirements, the procedure and the time frame for the registration of security rights over movable assets.