The secured party is the lender or counterparty whose claim is registered on the PPSR. When the PPSR returns a registration, the secured party's identity is visible.
Common secured parties
- Banks and finance companies (lending against the asset)
- Equipment suppliers under retention-of-title arrangements
- Lessors of plant, machinery, or vehicles
- Trade creditors with security agreements
How they're identified
Secured parties on the PPSR are usually organisations (banks, finance companies). They're identified by their registered name and ABN/ACN. The PPSR doesn't list individual secured parties for organisational registrations.
Related terms
- Grantor - The entity (organisation or person) whose property is subject to a security interest under the Personal Property Securities Act.
- PPSR - The Australian national register where security interests in personal property are recorded.
How Hoist uses this
Hoist cannot currently search PPSR registrations or secured parties: preview and paid search fail closed without a price or register dispatch. Use AFSA direct for a PPSR search today. The Hoist contract remains future documentation only.