Unique Personal Property Guarantee Registry
RUG
This is a department of the Public Registry of Commerce which allows for the record of personal property guarantees (cars, jewelry, furniture, machinery, equipment, etc.) granted by debtors, with the benefits of publicity and effectiveness, allowing creditors to provide better financing conditions.
The purpose of the RUG is to promote the use of personal property as guarantees for small and medium–sized companies obtaining financing under better conditions, thereby encouraging economic investment, growth and competitiveness.
The Commercial Notary Public Office No. 31 of Nuevo Leon offers you the following operations in the RUG:
- Preventive Notice
- Personal Property Guarantee Record
- Amendment of Registry
- Personal Property Guarantee Transfer
- Rectification due to errors
- Extension of Expiration Date
- Personal Property Guarantee Termination
- Certification Inquiries and Requests
If you have a Sociedad Financiera de Objeto Múltiple (Multiple Purpose Financial Institution) (SOFOM), any other similar company or you provide credits with personal property guarantee (cars, jewelry, furniture, machines, equipment, etc.) we can handle your records with a preferential rate according to the workload and every record will include the Commercial Notary Public electronic signature.