Benefits of the Registry

For secured creditors (typically financial institutions that hold the collateral):

  • Access to integrated and consolidated data on movable asset encumbrances of obligors;
  • The Registry is online and accessible;
  • Expanded customer base;
  • Ability to keep a more detailed track of the customer's business
  • Priority right with respect to movable assets recorded in the Registry

 

For collateral providers (typically debtors):

  • Improved access to finance
  • Improved access to cheaper and longer-term finance, resulting in improved competitiveness
  • Elimination of the financial paradox

Credit institutions are more approachable