Chattel Mortgage

For companies looking to buy equipment, machinery or vehicles, Chattel Mortgage provides a flexible and cost effective alternative to overdraft or bank loan funding.

Benefits of Chattel Mortgage

• Repayments can be matched to the pattern of your cash flow
• You can claim depreciation on the equipment
• Title in the goods is the name of the borrower through the finance term
• The interest element of the payments is tax deductible
• GST is immediately recoverable on the whole purchase.
• Simple, clear documentation

By using Chattel Mortgage to finance your machinery and vehicles, we can demonstrate how it will provide immediate cash flow benefits to help you grow your business.