Financiers

Veda's PPSR Solution for commercial lenders – streamlined for efficiency

Banking professionals and commercial lenders use the PPSR on a regular basis, as part of wider commercial risk management process. Each commercial risk assessment requires maximum efficiency, maximum accuracy, and maximum insights. If these elements fall into place, risk is mitigated and productivity is enhanced.

To help support this process, Veda provides a wide range of commercial risk management solutions via a single online portal, VedaCheck. This cross-platform portal helps to mitigate lending risk by integrating related commercial risk products, which include PPSR searches and registrations - and extend to Bankruptcy searches, ASIC data, Land Titles searches and Company File reports.

The VedaCheck platform can also be personalised to reflect your company's secured party identifiers, which can simplify the assessment of registrations by other financiers.

Beyond this, VedaCheck's PPSR solutions are numerous for financiers:

• Modify your search results to focus only on Purchase Money Security Interests
• Focus solely on migrated ASIC floating charges, with VedaCheck's ‘post search filtering' function
• Incorporate a PPSR grantor search report using integrated VedaCheck commercial risk products. These bundled reports can better align to existing workflows and save your staff valuable time by avoiding lengthy search processes.

To expedite PPSR and related processes – talk to your Veda Account Manager today.