A floating charge is typically secured on things that change on a regular basis, such as the raw materials or component stocks used by the borrower. These are consumed and replaced whenever necessary in day-to-day trading. Should the charge be crystallised as a result of the borrower’s failure to make a payment at the appropriate time. The items that are currently in stock or available at that point become subject to the charge. When that happens, the borrower cannot use the items in question without permission from the charge holder.