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
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.