There are two ways that you can mark a mortgage or charge as a debenture through Inform Direct

A Debenture 

A debenture is not the loan; it is the security document that accompanies the lending. The loan agreement between the borrower and the lender must be in writing and registered at Companies House. It gives the lender security over the borrower’s assets.

Typically, a debenture is used by a bank, factoring company or invoice discounter to take security for their loans. A debenture can only be taken on a limited company or limited liability partnership; it can’t to be taken over a sole trader or standard partnership.

There are two ways in Inform Direct to mark a mortgage or charge as a debenture:

1. Go to the 'Mortgages' tab and find the mortgage or charge that you want to mark as a debenture.

Select the pencil next to the correct entry and select 'Mark as debenture.'

2. Alternatively, you can do this in the 'Register of Mortgages and Charges.'

On any tab in the company, click on the 'View company registers' button on the right-hand side. Then select, the blue 'View & Edit Registers.'

From the dropdown select 'Register of Mortgages and Charges.'

You can then scroll over the mortgage or charge you would like to edit and select 'Mark as debenture.' Then click, 'Save Changes to Register.'