You have recently started a new business with 4 other graduates. Your business is designing custom display furniture for the sale of electronic equipment. You also design work stations called The Mobile Office. Your target customers are small to medium size businesses. However, your website takes orders from consumers for home use. In other words, you sell to businesses (business equipment) as well as to consumers (consumer goods).

Your partners do not know of UCC Article 9 covering Secured Transactions. They do not have a working knowledge of the key definitions in Article 9. Because your target clients generally small businesses who often find themselves cash-strapped, your company will likely be selling most goods by financing the transaction for the buyer/client. You also finance your goods to consumers who purchase goods for home (non-business) use.

Using the facts above give an example of a security agreement:

A security agreement is an agreement that creates or provides for a security interest.

Example: ?