Chattel Mortgage

How it works

You take ownership of the goods upon delivery and the financier secures the loan by registering a charge over the goods.

Minimal capital outlay

With a Chattel Mortgage you own the goods your business needs without paying for them up-front. So you can put your day-to-day cash flow to better use.

Tax deductible

A chattel mortgage may provide tax benefits if the financed goods are used to produce assessable income. Speak to your accountant for further information about tax benefits.

No deposit

100 per cent finance is available to approved customers, so you don't have to tie up your day-to-day cash flow.

Match your cash flow

You can arrange to make a balloon payment at the end of the loan to reduce repayments throughout the term.

Early repayment

You have the flexibility to repay the contract in full before the term ends.

Term

One to seven years.

Loan amount

$12,500 and upwards.

Repayment frequency

Monthly

Repayment methods

Direct debit from a nominated bank account and BPAY®.