krodok protects the assets of small businesses and their owners by establishing personal investment in the company as a registered secured loan.
Small business owners need to protect the personal investment they make in their company like a bank does, with a secured loan, registered on the PPSR. This protection empowers owners to be able to survive financial difficulty and thrive.
krodok is a quick and simple online product that allows small-business owners to put in place a legally-enforceable suite of loan documents to protect their personal investment, together with a registration on the PPSR, at a fraction of the cost that a lawyer charges.
The krodok system is appropriate for new money invested in a company and for money that has been invested since the company started but has not been properly documented.