The Collateral Registry is a centralized digital platform that allows individuals and businesses to register security interests in movable property—such as vehicles, equipment, inventory, and receivables—to secure loans or credit transactions.

  Purpose: It facilitates the use of movable assets as collateral, making it easier for borrowers to access credit from financial institutions.

 

 Legal Framework: In Guyana, the registry was established under the Security Interest in Movable Property Act No. 20 of 2024 and is managed by the Deeds and Commercial Registries Authority.

 

  Transparency & Access: The registry provides public access to registered information, enhancing transparency and reducing lending risks for creditors.

 

The Collateral Registry offers several key benefits that enhance access to credit and improve financial transparency, especially for small and medium-sized enterprises (SMEs). Here’s a breakdown of its advantages:

Key Benefits of the Collateral Registry

Expanded Access to Credit Individuals and businesses can use movable assets—such as vehicles, equipment, inventory, and receivables—as collateral, making it easier to secure loans.

Financial Inclusion The registry empowers underserved groups, including small business owners and informal sector participants, to participate in formal credit markets.

Transparency and Legal Certainty Registered security interests are publicly searchable, reducing disputes and enhancing trust between lenders and borrowers.

Reduced Lending Risk Lenders can verify existing claims on collateral, minimizing the risk of double pledging and improving loan recovery prospects.

Improved Efficiency The digital platform streamlines the registration process, making it faster and more cost-effective for both creditors and debtors.

Support for Economic Growth By unlocking credit for businesses, the registry contributes to entrepreneurship, investment, and broader economic development