Movable Collateral (Registro Nacional)

Movable collateral is a tool that facilitates access to financing: it allows an individual or company to pledge movable assets (physical or intangible — for example machinery, inventory, or even collection rights) as security for a loan, without needing to provide real estate as backing.

Legal framework: Ley de Garantias Mobiliarias (Ley 9246) and its operating regulation.

Where it is processed: in the Sistema de Garantias Mobiliarias of the Registro Nacional, available online at sgam.rnp.go.cr.

Useful for businesses such as a new restaurant: if the business needs a loan and does not have real estate to mortgage, it can offer as collateral kitchen equipment, furniture, or other movable assets of the business, registering that collateral in this system so that the bank or lender has legal backing.

Note: this is a technical procedure that is normally carried out together with a bank or financial institution when applying for a loan, not something a business initiates on its own without a loan involved. For specific registration requirements, consult the financial institution granting the loan or directly visit sgam.rnp.go.cr.