If you’re lending or borrowing money, you may be planning on taking or granting security. In Australia, the most common type of security agreement is a General Security Agreement. A General Security Agreement used to be known as a “fixed and floating charge”. It’s an agreement that secures the assets of the entity providing it, usually a company.
If you need a General Security Agreement reviewed or drafted, one of our banking and finance lawyers would be happy to assist. Our banking and finance lawyers are experts in the field. The Legal Practice Director who leads our banking team, Jill McKnight, has over 15 years experience in the field.
Whether you need your General Security Agreement drafted or reviewed, we can help. We can also assist in registering your General Security Agreement with the Personal Property Securities Register. Taking security can be complex. It’s crucial that it is done correctly, in order to protect your interests. A specialist banking and finance lawyer, with their knowledge in the field, would be best placed to assist.
Just give us a call on 1300 544 755 or fill out the form!