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Chattel Mortgage

Do you need a car for business? Want flexible payments?

Would you like ownership the vehicle now, rather than after its paid off? Chattel Mortgage might be for you

Chattel Mortgage

A Chattel Mortgage is a form of finance that enables you to;

• Have immediate ownership of your vehicle or equipment,

• Finance up to 100% of the purchase price, or you can choose to have a deposit so that your debt is reduced

• Have your payments structured to suit your cash flow.

• Have a fixed interest rate, and you can choose whether or not to have a balloon payment at the end of the contract. There is no GST on your instalments, and depreciation and interest may be tax deductible to you.